2023-08-102024-12-312024-12-31falseSC778678MODELA LIMITED2025-04-16falseiso4217:GBPxbrli:pureSC7786782023-08-10SC7786782024-12-31SC7786782023-08-102024-12-31SC7786782023-08-09SC7786782023-08-09SC7786782023-08-092023-08-09SC778678bus:SmallEntities2023-08-102024-12-31SC778678bus:AuditExempt-NoAccountantsReport2023-08-102024-12-31SC778678bus:AbridgedAccounts2023-08-102024-12-31SC778678bus:PrivateLimitedCompanyLtd2023-08-102024-12-31SC778678core:WithinOneYear2024-12-31SC778678core:AfterOneYear2024-12-31SC778678core:WithinOneYear2023-08-09SC778678core:AfterOneYear2023-08-09SC778678core:ShareCapital2024-12-31SC778678core:SharePremium2024-12-31SC778678core:RevaluationReserve2024-12-31SC778678core:OtherReservesSubtotal2024-12-31SC778678core:RetainedEarningsAccumulatedLosses2024-12-31SC778678core:ShareCapital2023-08-09SC778678core:SharePremium2023-08-09SC778678core:RevaluationReserve2023-08-09SC778678core:OtherReservesSubtotal2023-08-09SC778678core:RetainedEarningsAccumulatedLosses2023-08-09SC778678core:LandBuildings2024-12-31SC778678core:PlantMachinery2024-12-31SC778678core:Vehicles2024-12-31SC778678core:FurnitureFittings2024-12-31SC778678core:OfficeEquipment2024-12-31SC778678core:NetGoodwill2024-12-31SC778678core:IntangibleAssetsOtherThanGoodwill2024-12-31SC778678core:ListedExchangeTraded2024-12-31SC778678core:UnlistedNon-exchangeTraded2024-12-31SC778678core:LandBuildings2023-08-09SC778678core:PlantMachinery2023-08-09SC778678core:Vehicles2023-08-09SC778678core:FurnitureFittings2023-08-09SC778678core:OfficeEquipment2023-08-09SC778678core:NetGoodwill2023-08-09SC778678core:IntangibleAssetsOtherThanGoodwill2023-08-09SC778678core:ListedExchangeTraded2023-08-09SC778678core:UnlistedNon-exchangeTraded2023-08-09SC778678core:LandBuildings2023-08-102024-12-31SC778678core:PlantMachinery2023-08-102024-12-31SC778678core:Vehicles2023-08-102024-12-31SC778678core:FurnitureFittings2023-08-102024-12-31SC778678core:OfficeEquipment2023-08-102024-12-31SC778678core:NetGoodwill2023-08-102024-12-31SC778678core:IntangibleAssetsOtherThanGoodwill2023-08-102024-12-31SC778678core:ListedExchangeTraded2023-08-102024-12-31SC778678core:UnlistedNon-exchangeTraded2023-08-102024-12-31SC778678core:MoreThanFiveYears2023-08-102024-12-31SC778678core:Non-currentFinancialInstruments2024-12-31SC778678core:Non-currentFinancialInstruments2023-08-09SC778678dpl:CostSales2023-08-102024-12-31SC778678dpl:DistributionCosts2023-08-102024-12-31SC778678core:LandBuildings2023-08-102024-12-31SC778678core:PlantMachinery2023-08-102024-12-31SC778678core:Vehicles2023-08-102024-12-31SC778678core:FurnitureFittings2023-08-102024-12-31SC778678core:OfficeEquipment2023-08-102024-12-31SC778678dpl:AdministrativeExpenses2023-08-102024-12-31SC778678core:NetGoodwill2023-08-102024-12-31SC778678core:IntangibleAssetsOtherThanGoodwill2023-08-102024-12-31SC778678dpl:GroupUndertakings2023-08-102024-12-31SC778678dpl:ParticipatingInterests2023-08-102024-12-31SC778678dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-102024-12-31SC778678core:ListedExchangeTraded2023-08-102024-12-31SC778678dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-102024-12-31SC778678core:UnlistedNon-exchangeTraded2023-08-102024-12-31SC778678dpl:CostSales2023-08-092023-08-09SC778678dpl:DistributionCosts2023-08-092023-08-09SC778678core:LandBuildings2023-08-092023-08-09SC778678core:PlantMachinery2023-08-092023-08-09SC778678core:Vehicles2023-08-092023-08-09SC778678core:FurnitureFittings2023-08-092023-08-09SC778678core:OfficeEquipment2023-08-092023-08-09SC778678dpl:AdministrativeExpenses2023-08-092023-08-09SC778678core:NetGoodwill2023-08-092023-08-09SC778678core:IntangibleAssetsOtherThanGoodwill2023-08-092023-08-09SC778678dpl:GroupUndertakings2023-08-092023-08-09SC778678dpl:ParticipatingInterests2023-08-092023-08-09SC778678dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-092023-08-09SC778678core:ListedExchangeTraded2023-08-092023-08-09SC778678dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-092023-08-09SC778678core:UnlistedNon-exchangeTraded2023-08-092023-08-09SC778678core:NetGoodwill2024-12-31SC778678core:IntangibleAssetsOtherThanGoodwill2024-12-31SC778678core:LandBuildings2024-12-31SC778678core:PlantMachinery2024-12-31SC778678core:Vehicles2024-12-31SC778678core:FurnitureFittings2024-12-31SC778678core:OfficeEquipment2024-12-31SC778678core:AfterOneYear2024-12-31SC778678core:WithinOneYear2024-12-31SC778678core:ListedExchangeTraded2024-12-31SC778678core:UnlistedNon-exchangeTraded2024-12-31SC778678core:ShareCapital2024-12-31SC778678core:SharePremium2024-12-31SC778678core:RevaluationReserve2024-12-31SC778678core:OtherReservesSubtotal2024-12-31SC778678core:RetainedEarningsAccumulatedLosses2024-12-31SC778678core:NetGoodwill2023-08-09SC778678core:IntangibleAssetsOtherThanGoodwill2023-08-09SC778678core:LandBuildings2023-08-09SC778678core:PlantMachinery2023-08-09SC778678core:Vehicles2023-08-09SC778678core:FurnitureFittings2023-08-09SC778678core:OfficeEquipment2023-08-09SC778678core:AfterOneYear2023-08-09SC778678core:WithinOneYear2023-08-09SC778678core:ListedExchangeTraded2023-08-09SC778678core:UnlistedNon-exchangeTraded2023-08-09SC778678core:ShareCapital2023-08-09SC778678core:SharePremium2023-08-09SC778678core:RevaluationReserve2023-08-09SC778678core:OtherReservesSubtotal2023-08-09SC778678core:RetainedEarningsAccumulatedLosses2023-08-09SC778678core:NetGoodwill2023-08-09SC778678core:IntangibleAssetsOtherThanGoodwill2023-08-09SC778678core:LandBuildings2023-08-09SC778678core:PlantMachinery2023-08-09SC778678core:Vehicles2023-08-09SC778678core:FurnitureFittings2023-08-09SC778678core:OfficeEquipment2023-08-09SC778678core:AfterOneYear2023-08-09SC778678core:WithinOneYear2023-08-09SC778678core:ListedExchangeTraded2023-08-09SC778678core:UnlistedNon-exchangeTraded2023-08-09SC778678core:ShareCapital2023-08-09SC778678core:SharePremium2023-08-09SC778678core:RevaluationReserve2023-08-09SC778678core:OtherReservesSubtotal2023-08-09SC778678core:RetainedEarningsAccumulatedLosses2023-08-09SC778678core:AfterOneYear2023-08-102024-12-31SC778678core:WithinOneYear2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:CostValuation2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-102024-12-31SC778678core:Non-currentFinancialInstrumentscore:CostValuation2024-12-31SC778678core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-12-31SC778678core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-12-31SC778678core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-12-31SC778678core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-12-31SC778678core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-12-31SC778678core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-12-31SC778678core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-12-31SC778678core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-12-31SC778678core:Non-currentFinancialInstrumentscore:CostValuation2023-08-09SC778678core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-09SC778678core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-09SC778678core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-09SC778678core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-09SC778678core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-09SC778678core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-09SC778678core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-09SC778678core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-09SC778678bus:Director12023-08-102024-12-31

MODELA LIMITED

Registered Number
SC778678
(Scotland)

Unaudited Financial Statements for the Period ended
31 December 2024

MODELA LIMITED
Company Information
for the period from 10 August 2023 to 31 December 2024

Director

DONOSO BRAVO, Andres Eduardo

Company Secretary

EBS CORPORATE SERVICES LIMITED

Registered Address

272 Bath Street
Glasgow
G2 4JR

Registered Number

SC778678 (Scotland)
MODELA LIMITED
Balance Sheet as at
31 December 2024

Notes

2024

£

£

Fixed assets
Tangible assets3441
441
Current assets
Debtors449,288
Cash at bank and on hand1,109
50,397
Creditors amounts falling due within one year5(9,173)
Net current assets (liabilities)41,224
Total assets less current liabilities41,665
Creditors amounts falling due after one year6(52,631)
Net assets(10,966)
Capital and reserves
Called up share capital10,000
Profit and loss account(20,966)
Shareholders' funds(10,966)
The financial statements were approved and authorised for issue by the Director on 16 April 2025, and are signed on its behalf by:
DONOSO BRAVO, Andres Eduardo
Director
Registered Company No. SC778678
MODELA LIMITED
Notes to the Financial Statements
for the period ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Office Equipment3
2.Average number of employees

2024
Average number of employees during the year1
3.Tangible fixed assets

Total

£
Cost or valuation
Additions608
At 31 December 24608
Depreciation and impairment
Charge for year167
At 31 December 24167
Net book value
At 31 December 24441
At 09 August 23-
4.Debtors: amounts due within one year

2024

£
Trade debtors / trade receivables48,588
Prepayments and accrued income700
Total49,288
5.Creditors: amounts due within one year

2024

£
Taxation and social security8,048
Accrued liabilities and deferred income1,125
Total9,173
6.Creditors: amounts due after one year

2024

£
Amounts owed to related parties52,631
Total52,631
7.Controlling party
Modela Spa is regarded by the director as being the company's immediate undertaking and ultimate parent undertaking. The company address is: Pasaje los Maizales 1598 Comuna de Padre Hurtado Región Metropolitana Santiago de Chile