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Registered number: 07422342
Elverson Investment Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Adbell Advisory Limited
Elverson Investment Limited
Contents
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Elverson Investment Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 07422342
2024 2023
Notes € € € €
FIXED ASSETS
Investments 4 475,143 506,143
475,143 506,143
CURRENT ASSETS
Debtors 5 7,466,500 7,995,720
Cash at bank and in hand 384,941 347,452
7,851,441 8,343,172
Creditors: Amounts Falling Due Within One Year 6 (8,203,101 ) (8,610,702 )
NET CURRENT ASSETS (LIABILITIES) (351,660 ) (267,530 )
TOTAL ASSETS LESS CURRENT LIABILITIES 123,483 238,613
NET ASSETS 123,483 238,613
CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Profit and Loss Account 113,483 228,613
SHAREHOLDERS' FUNDS 123,483 238,613
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Chiara Mensi
Director
26/09/2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Elverson Investment Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Elverson Investment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07422342 . The registered office is Birchin Court, 20 Birchin Lane, London, EC3V 9DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Preparation of consolidated financial Statements 
The financial statements contain information about Elverson Investment Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) ofthe Companies Act 2006 from the requirements to prepare consolidated financial statements.
The company and its subsidiaries comprise of a small sized group.
2.3. Foreign Currencies
Assets and liabilities in foreign currencies are translated into euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into euro at the rate of exchange ruling at the date of
transaction. Exchange differences are taken into account in arriving at the operating result.
Page 2
Page 3
Elverson Investment Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.5. Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.6. Leases
Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investments
Subsidiaries
€
Cost or Valuation
As at 1 January 2024 506,143
Disposals (31,000 )
As at 31 December 2024 475,143
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 475,143
As at 1 January 2024 506,143
The company's investments at the Balance Sheet date in the share capital of companies include the following:
Subsidiaries

Autotrasporti SRL
Registered office: Italy
Nature of business:
...CONTINUED
Page 3
Page 4
Elverson Investment Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
%
Class of shares:
holding
Ordinary
100.00
31.12.24
31.12.23
€
€
Aggregate capital and reserves
1,569,425
1,425,860
(Loss)/Profit for the year
143,563
image
86,042
image
CISFIM SRL
Registered office: Italy
Nature of business:
%
Class of shares:
holding
Ordinary
100.00
31.12.24
31.12.23
€
€
Aggregate capital and reserves
2,125,415
2,159,990
(Loss)/profit for the year
(34,574)
image
130,353
image
Inteuro d.o.o
Registered office: Croatia
Nature of business:
%
Class of shares:
holding
Ordinary
100.00
31.12.24
31.12.23
Euro
Kuna
Aggregate capital and reserves
(252,803)
(228,600)
(Loss) for the year
(24,203)
image
(924)
image

Associated company

5. Debtors
2024 2023
€ €
Due within one year
Other debtors 1,050,000 2,514,000
Due after more than one year
Amounts owed by subsidiaries 6,416,500 5,481,720
7,466,500 7,995,720
Page 4
Page 5
Elverson Investment Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
6. Creditors: Amounts Falling Due Within One Year
2024 2023
€ €
Other creditors 3,650,000 3,650,001
Shareholder's loan 4,287,800 4,704,400
Accruals and deferred income 9,000 -
Amounts owed to subsidiaries 256,301 256,301
8,203,101 8,610,702
7. Share Capital
2024 2023
€ €
Allotted, Called up and fully paid 10,000 10,000
Allotted, issued and fully paid 10,000 ordinary shares in €1 nominal value each.
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr M K Ostheimer by virtue of his ownership of 100% of the issued share capital in the company.
Page 5