CVL HOLDING LTD

Company Registration Number:
12988762 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

CVL HOLDING LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Additional notes
Balance sheet notes

CVL HOLDING LTD

Balance sheet

As at 31 December 2022

Notes 2022 14 months to 31 December 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 13,119,866 5,370,045
Total fixed assets: 13,119,866 5,370,045
Current assets
Stocks:   0 0
Debtors: 4 10,239,385 7,827,815
Cash at bank and in hand: 192,506 890,620
Investments:   0 0
Total current assets: 10,431,891 8,718,435
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 2,547,697 ) ( 3,046,400 )
Net current assets (liabilities): 7,884,194 5,672,035
Total assets less current liabilities: 21,004,060 11,042,080
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 21,004,060 11,042,080
Capital and reserves
Called up share capital: 106,700 106,700
Share premium account: 0 0
Profit and loss account: 20,897,360 10,935,380
Total Shareholders' funds: 21,004,060 11,042,080

The notes form part of these financial statements

CVL HOLDING LTD

Balance sheet statements

For the year ending 31 December 2022 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 10 April 2024
and signed on behalf of the board by:

Name: Carlos Leal Villa
Status: Director

The notes form part of these financial statements

CVL HOLDING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Basis of Preparing the Financial Statements:The financial statements are prepared in US dollars, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest $.

CVL HOLDING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 14 months to 31 December 2021
    Average number of employees during the period 0 0

CVL HOLDING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Fixed assets investments note

CVL Holding Ltd, valued its subsidiary company, CLV Participations S.a.r.l., using the cost method with the exchange rate USD/GBP as of December 11, 2020 (1,3218).During 2022 CVL Holding Ltd, acquired the 5% of the capital stock of Solvi Investments S.A., valued using the cost method.

CVL HOLDING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 14 months to 31 December 2021
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 10,239,385 7,827,815
Total 10,239,385 7,827,815
Debtors due after more than one year: 0 0

CVL HOLDING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 14 months to 31 December 2021
£ £
Bank loans and overdrafts 2,547,697 3,012,800
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 33,600
Total 2,547,697 3,046,400