Company registration number 11486514 (England and Wales)
GVO S-1 LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
GVO S-1 LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
GVO S-1 LTD
BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
4,475,796
4,358,654
Investments
4
8
8
4,475,804
4,358,662
Current assets
Debtors
5
2,057,753
2,198,818
Cash at bank and in hand
43,107
180,170
2,100,860
2,378,988
Creditors: amounts falling due within one year
6
(7,265,239)
(7,240,099)
Net current liabilities
(5,164,379)
(4,861,111)
Net liabilities
(688,575)
(502,449)
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
(688,576)
(502,450)
Total equity
(688,575)
(502,449)

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 August 2026 and are signed on its behalf by:
Ms L Waldner
Director
Company registration number 11486514 (England and Wales)
GVO S-1 LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

GVO S-1 Limited is a private company limited by shares incorporated in England and Wales. The registered office is Malverleys Fullers Lane, East End, Newbury, United Kingdom, RG20 0AA. The company registration number is 11486514.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, The principal accounting policies adopted are set out below.

1.2
Going concern

The company has net liabilities at the balance sheet date and is reliant on loans from a shareholder for ongoing support. The shareholder has indicated that repayment of these loans will not be required for a period of at least twelve months from the date of approval of these accounts. The director therefore consider s the going concern basis of accounting appropriate in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and 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.

GVO S-1 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.7
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 balance sheet 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 debtors and cash and bank balances, are initially measured at transaction price including transaction. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from related parties are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Investment property
2025
£
Fair value
At 1 January 2025
4,358,654
Additions
117,142
At 31 December 2025
4,475,796

As the investment property was acquired in the year 2023 the property has been valued at acquisition cost, the directors still consider this to be a reasonable estimate of fair value as at 31 December 202 5.

GVO S-1 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
8
8
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1,518,860
1,483,029
Other debtors
538,893
500,000
2,057,753
1,983,029
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
7,265,239
7,240,099
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
GVO S-1 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
8
Related party transactions
Transactions with related parties

Advantage has been taken of the exemption granted by FRS102 Section 33 “Related Party Disclosures” not to disclose transactions and balances with wholly-owned subsidiaries.

During the year GVO S-1 Limited received loans from a shareholder totalling £181,500 (2024: £268,000). At the year end GVO S-1 Limited owed the shareholder £7,229,395 (20 24: £7,047,895). This loan is interest free and repayable on demand, and is included in other creditors due within one year.

At the year end the company was owed £500,000 (202 4: £500,000) by GVO B-1 Limited, a related party by virtue of a common director. This loan is interest free and repayable on demand, the balance is included within other debtors due within one year.

At the year end the company owed £25,007 (202 4: £25,007) to GVO Capital Limited, a related party by virtue of a common director. T he balance is included within other credi tors due within one year.

2025-12-31 2025-01-01 false false false 13 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr G von Opel Ms L Waldner Ms M Viergutz 11486514 2025-01-01 2025-12-31 11486514 2025-12-31 11486514 2024-12-31 11486514 core:WithinOneYear 2025-12-31 11486514 core:WithinOneYear 2024-12-31 11486514 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 11486514 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11486514 core:ShareCapital 2025-12-31 11486514 core:ShareCapital 2024-12-31 11486514 core:RetainedEarningsAccumulatedLosses 2025-12-31 11486514 core:RetainedEarningsAccumulatedLosses 2024-12-31 11486514 core:ShareCapitalOrdinaryShareClass1 2025-12-31 11486514 core:ShareCapitalOrdinaryShareClass1 2024-12-31 11486514 bus:Director2 2025-01-01 2025-12-31 11486514 2024-01-01 2024-12-31 11486514 2024-12-31 11486514 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 11486514 bus:OrdinaryShareClass1 2025-12-31 11486514 bus:OrdinaryShareClass1 2024-12-31 11486514 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11486514 bus:FRS102 2025-01-01 2025-12-31 11486514 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 11486514 bus:Director1 2025-01-01 2025-12-31 11486514 bus:Director3 2025-01-01 2025-12-31 11486514 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 11486514 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP