Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 2024-01-01 false 9 10 true true false 10403880 2024-01-01 2024-12-31 10403880 2023-01-01 2023-12-31 10403880 2024-12-31 10403880 2023-12-31 10403880 c:Director3 2024-01-01 2024-12-31 10403880 d:Buildings 2024-01-01 2024-12-31 10403880 d:Buildings 2024-12-31 10403880 d:Buildings 2023-12-31 10403880 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10403880 d:PlantMachinery 2024-01-01 2024-12-31 10403880 d:PlantMachinery 2024-12-31 10403880 d:PlantMachinery 2023-12-31 10403880 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10403880 d:FurnitureFittings 2024-01-01 2024-12-31 10403880 d:OfficeEquipment 2024-01-01 2024-12-31 10403880 d:OfficeEquipment 2024-12-31 10403880 d:OfficeEquipment 2023-12-31 10403880 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10403880 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10403880 d:CurrentFinancialInstruments 2024-12-31 10403880 d:CurrentFinancialInstruments 2023-12-31 10403880 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10403880 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10403880 d:ShareCapital 2024-12-31 10403880 d:ShareCapital 2023-12-31 10403880 d:RetainedEarningsAccumulatedLosses 2024-12-31 10403880 d:RetainedEarningsAccumulatedLosses 2023-12-31 10403880 c:OrdinaryShareClass1 2024-01-01 2024-12-31 10403880 c:OrdinaryShareClass1 2024-12-31 10403880 c:FRS102 2024-01-01 2024-12-31 10403880 c:Audited 2024-01-01 2024-12-31 10403880 c:FullAccounts 2024-01-01 2024-12-31 10403880 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10403880 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10403880 2 2024-01-01 2024-12-31 10403880 4 2024-01-01 2024-12-31 10403880 6 2024-01-01 2024-12-31 10403880 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10403880 GVO MONTI LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
GVO MONTI LIMITED REGISTERED NUMBER: 10403880 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 2,095,946 |  | 2,193,782
Investments | 6 |  | 1 |  | 1
|  |  | 2,095,947 |  | 2,193,783
Current assets |  |  |  |  |
Stocks | 7 | 27,853 |  | 29,453 |
Debtors: amounts falling due within one year | 8 | 3,064,074 |  | 1,855,985 |
Cash at bank and in hand | 9 | 21,094 |  | 45,614 |
|  | 3,113,021 |  | 1,931,052 |
Creditors: amounts falling due within one year | 10 | (10,517,919) |  | (8,738,664) |
Net current liabilities |  |  | (7,404,898) |  | (6,807,612)
Total assets less current liabilities |  |  | (5,308,951) |  | (4,613,829)
Net liabilities |  |  | (5,308,951) |  | (4,613,829)
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 2,100,000 |  | 2,100,000
Profit and loss account |  |  | (7,408,951) |  | (6,713,829)
|  |  | (5,308,951) |  | (4,613,829)
Page 1
GVO MONTI LIMITED REGISTERED NUMBER: 10403880 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 September 2025.
L Waldner
Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
GVO MONTI LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
GVO Monti Limited is a private company limited by shares, which is incorporated and registered in England and Wales (Company no. 10403880). The address of the registered office is Malverleys Fullers Lane, East End, Newbury, RG20 0AA. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The following principal accounting policies have been applied:
| 2.2 | Going concern
The Company has incurred losses of £695,122 (2023: 5,193,008) during the year and had net liabilities of £5,308,951 (2023: £4,613,829) as at 31 December 2024. These factors would ordinarily indicate the existence of material uncertainties which may cast significant doubt on the Company's ability to continue as a going concern. However the directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future due to the financial support of its parent Company. The parent Company has provided a written letter of support indicating that it will continue to make sufficient funds available to the Company as needed to enable it to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements. On that basis, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable.
| 2.4 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Page 3
GVO MONTI LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | Straight line
|  |  |  | Plant and machinery | - | 15% | Straight line
|  |  |  | Fixtures and fittings | - | 33% | Straight line
|  |  |  | Office equipment | - | 10% | Straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.5 | Impairment of fixed assets and goodwill
Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.
| 2.6 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
| 2.7 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. Page 4
GVO MONTI LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.8 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.9 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.10 | Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like other creditors and loans to and from related parties.
| 2.11 | Creditors
Short term creditors are measured at the transaction price.
| 2.12 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.13 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.14 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.15 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Page 5
GVO MONTI LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.16 | Exceptional items
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
The estimates and judgements that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the financial year are as follows: Valuation of Land and Property The valuation of Land and property is inherently subjective and involves a heavy amount of estimation uncertainty. Land and property valuations can fluctuate significantly based upon market conditions and demand.
4. | Employees
| The average monthly number of employees, including directors, during the year was 9 (2023 - 10).
Page 6
GVO MONTI LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Office equipment | Total
|  | £ | £ | £ | £
| Cost |  |  |  |
| At 1 January 2024 | 6,676,472 | 374,595 | 3,645 | 7,054,712
| Additions | 58,059 | - | - | 58,059
| At 31 December 2024 | 6,734,531 | 374,595 | 3,645 | 7,112,771
| Depreciation |  |  |  |
| At 1 January 2024 | 4,621,472 | 238,806 | 652 | 4,860,930
| Charge for the year on owned assets | 41,100 | 56,189 | 547 | 97,836
| Impairment charge | 58,059 | - | - | 58,059
| At 31 December 2024 | 4,720,631 | 294,995 | 1,199 | 5,016,825
| Net book value |  |  |  |
| At 31 December 2024 | 2,013,900 | 79,600 | 2,446 | 2,095,946
| At 31 December 2023 | 2,055,000 | 135,789 | 2,993 | 2,193,782
| A professional valuation of the Company's freehold property was carried out on 1st July 2024. The valuation indicated that the fair value of the freehold property at this date was £2,055,000. An impairment charge of £58,059 has been recognised for the year ended 31 December 2024, to revalue the carrying value of the freehold property down to its fair value, less depreciation charges for the year.
The carrying amount of investment property, which the Company rents to another group entity when it has chosen to account for such properties using the cost model is £2,013,900 (2023 - £2,055,000). Page 7
GVO MONTI LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 January 2024 | 1
| At 31 December 2024 | 1
7. | Stocks
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Livestock | 27,853 | 29,453
|  | 27,853 | 29,453
8. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 72,010 | -
| Amounts owed by group undertakings | 2,921,025 | 1,790,236
| Other debtors | 39,300 | 2,495
| Prepayments and accrued income | 31,739 | 63,254
|  | 3,064,074 | 1,855,985
Page 8
GVO MONTI LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 21,094 | 45,614
|  | 21,094 | 45,614
10. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 11,072 | 7,180
| Amounts owed to group undertakings | 10,484,902 | 8,688,750
| Other creditors | 3,145 | 4,320
| Accruals and deferred income | 18,800 | 38,414
|  | 10,517,919 | 8,738,664
11. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2,100,000 Ordinary shares of £1 each | 2,100,000 | 2,100,000
12. | Related party transactions
| The company has taken advantage of the exemption available under FRS 102 Section 33 'Related party disclosures' not to disclose transactions entered into between two or more members of the group, where all entities are wholly owned subsidiary undertakings. Consolidated financial statements are prepared by the ultimate parent company, Hansa Aktiengesellschaft and copies of these are available from Hansa Aktiengesellschaft, Via Brattas 2, 7500 St. Moritz, Switzerland. During the year the company charged the spouse of a director £30,000 (2023 - £27,989) for the provision of gardening services at a private property. £72,000 (2023 - £nil) was due in respect of these sales and is included within trade debtors at the year end.
13. | Controlling party
The ultimate parent company is Hansa Aktiengesellschaft, a Swiss company limited by shares, by virtue of its 100% holding in the issued share capital of the company. Page 9
GVO MONTI LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
14. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified. The audit report was signed on 16 September 2025 by Deborah Graham (Senior Statutory Auditor) on behalf of Ryecroft Glenton.
Page 10