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# MONOTYPE LIMITED

## Company Registration Number:
02663485 (England and Wales)

## Unaudited statutory accounts for the year ended 31 December 2024

## Period of accounts

## Start date: 1 January 2024

## End date: 31 December 2024

# MONOTYPE LIMITED

## Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report |
Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |

# MONOTYPE LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The company’s principal activity is the design, manufacture and marketing of typefaces and other type related products. There have been no changes in these activities during the year.

Political and charitable donations

The company made no political or charitable contributions in either year

Additional information

The Directors’ Report includes sections on: Dividends Going concern Directors Financial risk management objectives Directors’ indemnities Political and charitable contributions Events after the balance sheet date Future developments Engagement with suppliers, customers and others Statement of disclosures to the auditor Auditor’s appointment

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Ninan Chacko
Jan Christopher Kollat
Matthew Theakstone

Secretary Ciara Higgins

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
24 March 2026

And signed on behalf of the board by:
Name: Jan Christopher Kollat
Status: Director

# MONOTYPE LIMITED

## Profit And Loss Account

for the Period Ended 31 December 2024

| 2024 | 2023
--- | --- | ---
| £ | £
Turnover: | 59,624,005 | 49,533,756
Cost of sales: | ( 12,983,512 ) | ( 13,703,215 )
Gross profit(or loss): | 46,640,493 | 35,830,541
Distribution costs: | ( 12,616,457 ) | ( 9,775,178 )
Administrative expenses: | ( 26,888,128 ) | ( 20,858,442 )
Other operating income: | 0 | 0
Operating profit(or loss): | 7,135,908 | 5,196,921
Interest receivable and similar income: | 1,014,888 | 180,441
Interest payable and similar charges: | ( 1,683,168 ) | ( 1,140,290 )
Profit(or loss) before tax: | 6,467,628 | 4,237,072
Tax: | ( 1,619,357 ) | ( 1,004,928 )
Profit(or loss) for the financial year: | 4,848,271 | 3,232,144

# MONOTYPE LIMITED

## Balance sheet

As at 31 December 2024

| Notes | 2024 | 2023
--- | --- | --- | ---
|  | £ | £
Called up share capital not paid: |  | 0 | 0
Fixed assets
Intangible assets: | 3 | 1,636,593 | 1,633,162
Tangible assets: | 4 | 456,112 | 594,508
Investments: | 5 | 23,116,739 | 23,116,739
Total fixed assets: |  | 25,209,444 | 25,344,409
Current assets
Stocks: |  | 0 | 0
Debtors: | 6 | 97,199,192 | 50,515,309
Cash at bank and in hand: |  | 1,844,513 | 2,791,556
Investments: |  | 0 | 0
Total current assets: |  | 99,043,705 | 53,306,865
Prepayments and accrued income: |  | 2,040,798 | 1,566,207
Creditors: amounts falling due within one year: | 7 | ( 75,491,401 ) | ( 36,552,659 )
Net current assets (liabilities): |  | 25,593,102 | 18,320,413
Total assets less current liabilities: |  | 50,802,546 | 43,664,822
Creditors: amounts falling due after more than one year: | 8 | ( 56,500 ) | ( 278,754 )
Provision for liabilities: |  | ( 54,802 ) | ( 109,723 )
Accruals and deferred income: |  | ( 18,468,350 ) | ( 15,901,723 )
Total net assets (liabilities): |  | 32,222,894 | 27,374,622
Capital and reserves
Called up share capital: |  | 100 | 100
Share premium account: |  | 0 | 0
Other reserves: |  | 9,962,233 | 9,962,233
Profit and loss account: |  | 22,260,561 | 17,412,289
Total Shareholders' funds: |  | 32,222,894 | 27,374,622

The notes form part of these financial statements

# MONOTYPE LIMITED

## Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 24 March 2026
and signed on behalf of the board by:

Name: Jan Christopher Kollat
Status: Director

The notes form part of these financial statements

# MONOTYPE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  Turnover, which is stated net of value added tax, represents amounts invoiced or billable to third parties and is attributable to one continuing activity, as stated in the strategic report.

  Tangible fixed assets depreciation policy

  Depreciation is provided on all property, plant and equipment, other than land, on a straight-line basis over its expected useful life as follows: Short-term leasehold improvements – Over the term of the lease Computer equipment – 33% per annum Office Equipment – 20% per annum

  Intangible fixed assets amortisation policy

  he useful lives of intangible assets are assessed to be either finite or indefinite. Amortisation is recognised on a straight-line basis over their estimated useful lives for finite intangible assets. Intangible assets with finite lives are amortised over the useful economic life (nine years unless otherwise stated) and assessed for impairment whenever there is an indication that the intangible asset may be impaired.

  Valuation information and policy

  The financial statements have been prepared on the historical cost basis, except for the revaluation of certain properties, financial instruments that are measured at revalued amounts or fair values at the end of each reporting period, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for the goods and services.

  Other accounting policies

  The material accounting policies adopted by the Company are set out in Note 3 and include the basis of accounting, going concern, investments in subsidiaries, foreign currency translation, intangible assets and goodwill, tangible fixed assets, provisions for liabilities, leases, impairment of non-financial assets, financial instruments, income taxes, revenue recognition, pensions, contract assets and contract liabilities, and trade payables.

# MONOTYPE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 2. Employees

  | 2024 | 2023
  --- | --- | ---
  Average number of employees during the period | 110 | 87

# MONOTYPE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 3. Intangible assets

| Goodwill | Other | Total
--- | --- | --- | ---
Cost | £ | £ | £
At 1 January 2024 | 1,595,870 | 2,317,195 | 3,913,065
Additions | 3,431 | 0 | 3,431
Disposals | 0 | 0 | 0
Revaluations | 0 | 0 | 0
Transfers | 0 | 0 | 0
At 31 December 2024 | 1,599,301 | 2,317,195 | 3,916,496
Amortisation |  |  |
At 1 January 2024 | 0 | 2,279,903 | 2,279,903
Charge for year | 0 | 0 | 0
On disposals | 0 | 0 | 0
Other adjustments | 0 | 0 | 0
At 31 December 2024 | 0 | 2,279,903 | 2,279,903
Net book value |  |  |
At 31 December 2024 | 1,599,301 | 37,292 | 1,636,593
At 31 December 2023 | 1,595,870 | 37,292 | 1,633,162

# MONOTYPE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 4. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 January 2024 | 750,602 | 0 | 83,658 | 299,002 | 0 | 1,133,262
Additions | 0 | 0 | 0 | 71,429 | 0 | 71,429
Disposals | 0 | 0 | 0 | 0 | 0 | 0
Revaluations | 0 | 0 | 0 | 0 | 0 | 0
Transfers | 0 | 0 | 0 | 0 | 0 | 0
At 31 December 2024 | 750,602 | 0 | 83,658 | 370,431 | 0 | 1,204,691
Depreciation |  |  |  |  |  |
At 1 January 2024 | 304,198 | 0 | 61,934 | 172,622 | 0 | 538,754
Charge for year | 122,804 | 0 | 5,307 | 81,714 | 0 | 209,825
On disposals | 0 | 0 | 0 | 0 | 0 | 0
Other adjustments | 0 | 0 | 0 | 0 | 0 | 0
At 31 December 2024 | 427,002 | 0 | 67,241 | 254,336 | 0 | 748,579
Net book value |  |  |  |  |  |
At 31 December 2024 | 323,600 | 0 | 16,417 | 116,095 | 0 | 456,112
At 31 December 2023 | 446,404 | 0 | 21,724 | 126,380 | 0 | 594,508

# MONOTYPE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 5. Fixed assets investments note

The company holds an investment in a subsidiary undertaking, AS & EH Industries Limited. The carrying value of the investment was £23,116,739 at 1 January 2024 and remained £23,116,739 at 31 December 2024. There were no additions, disposals, transfers, revaluations or impairments during the year. The investment was acquired on 18 December 2023 and no impairment has been recognised.

# MONOTYPE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 6. Debtors

| 2024 | 2023
--- | --- | ---
| £ | £
Trade debtors | 15,166,498 | 7,186,203
Prepayments and accrued income | 2,040,798 | 1,566,207
Other debtors | 79,991,896 | 41,762,899
Total | 97,199,192 | 50,515,309
Debtors due after more than one year: | 21,960,425 | 15,860,047

# MONOTYPE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 7. Creditors: amounts falling due within one year note

| 2024 | 2023
--- | --- | ---
| £ | £
Bank loans and overdrafts | 0 | 0
Amounts due under finance leases and hire purchase contracts | 222,254 | 141,987
Trade creditors | 133,025 | 186,566
Taxation and social security | 1,885,401 | 679,818
Accruals and deferred income | 0 | 0
Other creditors | 73,250,721 | 35,544,288
Total | 75,491,401 | 36,552,659

# MONOTYPE LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 8. Creditors: amounts falling due after more than one year note

| 2024 | 2023
--- | --- | ---
| £ | £
Bank loans and overdrafts | 0 | 0
Amounts due under finance leases and hire purchase contracts | 56,500 | 278,754
Other creditors | 0 | 0
Total | 56,500 | 278,754