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| Balance Sheet | 1 |
| Notes to the Financial Statements | 2—4 |
| 2024 | 2023 | ||||
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 110,113 | 20,385 | |||
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| 2024 | 2023 | ||
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| £ | £ | ||
| Due within one year | |||
| Prepayments and accrued income |
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| VAT |
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| Amounts owed by group undertakings |
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| Other taxes and social security |
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| Pension liability | - |
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| Accruals and deferred income |
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| Amounts owed to parent undertaking |
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Monta ApS
Parent company (100% shareholding)
The Company was under control of Monta ApS (parent company) throughout the whole period. The amount shown in note 5 of £1,143,146 is owed by Monta ApS, a company registered in Denmark. Monta ApS holds 100% of the shares in the Company. This is covered by a promissory note with Monta ApS. Interest will accrue on the unpaid principal at a rate equal to 5% per annum, compounded annually.
Monta Holding APS
Ultimate Parent
The amount shown in note 6 of £1,058,597 is owed to Monta Holding ApS, a company registered in Denmark. This is covered by a promissory note with Monta Holding ApS. Interest will accrue on the unpaid principal at a rate equal to 5% per annum, compounded annually.