Monta Platform Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Monta Platform Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13554963 . The registered office is 35 Chiswell Street, London, England, EC1Y 4SE.

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. Going Concern Disclosure

The Company is dependent on the continued financial support of its parent undertaking. The immediate parent company, Monta ApS, has provided a letter of support confirming that it will provide sufficient financial assistance to enable the Company to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements.

The letter of support is considered by the directors to be adequate and, based on this, the directors are satisfied that it is appropriate to prepare the financial statements on a going concern basis.

2.3. Turnover

The Company does not generate revenue from external customers and provides routine sales support and related services exclusively to its parent undertaking, Monta ApS. All customer contracts are held by the parent entity. Revenue represents intercompany service fees earned in respect of services rendered to Monta ApS and is determined in accordance with the Group’s transfer pricing policy using a cost‑plus methodology, whereby a mark‑up is applied to the fully loaded direct and indirect costs incurred by the Company in performing the services. Revenue is recognised as the services are performed, based on costs incurred during the period together with the applicable mark‑up, and is measured at the fair value of the consideration receivable.

2.4. Foreign Currencies

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Nonmonetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

...CONTINUED

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Monta Platform Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation - continued

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

No deferred tax asset or liability has been recognised at the balance sheet date as the directors consider any timing differences to be immaterial and no deferred tax assets are considered recoverable.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2024: 12)

4. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	102,174	29,137
VAT	11,416	13,895
Amounts owed by group undertakings	6,624,863	1,143,146

	6,738,453	1,186,178

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	26,262	214
Corporation tax	-	30,295
Other taxes and social security	77,175	53,667
Accruals and deferred income	110,941	109,596
Amounts owed to parent undertaking	6,485,952	1,058,597

	6,700,330	1,252,369

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

7. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	147,376	-
Later than one year and not later than five years	294,752	-

	442,128	-

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Monta Platform Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Related Party Transactions

There were no loans to or from the Directors during the period.

Monta ApS

Parent company (100% shareholding)

The Company is wholly owned by Monta ApS, a company incorporated in Denmark, which controlled the Company throughout the year. The Company provides software development, sales support, and related services exclusively to Monta ApS in the normal course of business, with transactions carried out in accordance with the Group’s transfer pricing policy and on an arm’s length basis. At the balance sheet date, an amount of £6,624,863 was owed by Monta ApS and included within debtors, and an amount of £6,485,952 was owed to Monta ApS and included within creditors. All balances with the parent undertaking are unsecured, repayable on demand, and arose through normal trading activities.Interest will accrue on the unpaid principal at a rate equal to 5% per annum, compounded annually.

9. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of similar size and nature, the Company uses its auditors to assist with the preparation of the financial statements and the submission of tax returns. These services are permitted under the Financial Reporting Council’s Ethical Standard using the provisions available for small entities, and appropriate safeguards have been applied to ensure the auditor’s independence is not compromised.

10. Audit Information

The auditor's report on the accounts of Monta Platform Ltd for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Dalvir Johal -CA (Senior Statutory Auditor) for and on behalf of Ballantyne & Company Ltd , Statutory Auditor.

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		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	6,738,453		1,186,178
Cash at bank and in hand		70,682		176,304

		6,809,135		1,362,482
Creditors: Amounts Falling Due Within One Year	5	(6,700,330 )		(1,252,369 )

NET CURRENT ASSETS (LIABILITIES)			108,805		110,113

TOTAL ASSETS LESS CURRENT LIABILITIES			108,805		110,113

NET ASSETS			108,805		110,113

CAPITAL AND RESERVES
Called up share capital	6		10,000		10,000
Profit and Loss Account			98,805		100,113

SHAREHOLDERS' FUNDS			108,805		110,113