Silverfin false false 31/08/2024 01/09/2023 31/08/2024 J J T Brown 06/06/2024 C J Mitchell 28/08/2014 19 December 2024 The principle activity of the Company during the financial year was that of the management of investment real estate. 09188407 2024-08-31 09188407 bus:Director1 2024-08-31 09188407 bus:Director2 2024-08-31 09188407 2023-08-31 09188407 core:CurrentFinancialInstruments 2024-08-31 09188407 core:CurrentFinancialInstruments 2023-08-31 09188407 core:ShareCapital 2024-08-31 09188407 core:ShareCapital 2023-08-31 09188407 core:RetainedEarningsAccumulatedLosses 2024-08-31 09188407 core:RetainedEarningsAccumulatedLosses 2023-08-31 09188407 bus:OrdinaryShareClass1 2024-08-31 09188407 2023-09-01 2024-08-31 09188407 bus:FilletedAccounts 2023-09-01 2024-08-31 09188407 bus:SmallEntities 2023-09-01 2024-08-31 09188407 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 09188407 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09188407 bus:Director1 2023-09-01 2024-08-31 09188407 bus:Director2 2023-09-01 2024-08-31 09188407 2022-09-01 2023-08-31 09188407 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 09188407 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 iso4217:EUR xbrli:pure xbrli:shares

Company No: 09188407 (England and Wales)

CANPROP ESPANA TWO LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2024
Pages for filing with the registrar

CANPROP ESPANA TWO LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

CANPROP ESPANA TWO LIMITED

BALANCE SHEET

As at 31 August 2024
CANPROP ESPANA TWO LIMITED

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
Current assets
Stocks 560,323 560,323
Debtors 3 122,127 122,127
Cash at bank and in hand 4 3,721 8,026
686,171 690,476
Creditors: amounts falling due within one year 5 ( 46,457) ( 42,952)
Net current assets 639,714 647,524
Total assets less current liabilities 639,714 647,524
Accruals and deferred income ( 4,610) ( 4,441)
Net assets 635,104 643,083
Capital and reserves
Called-up share capital 6 138 138
Profit and loss account 634,966 642,945
Total shareholders' funds 635,104 643,083

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Canprop Espana Two Limited (registered number: 09188407) were approved and authorised for issue by the Board of Directors on 19 December 2024. They were signed on its behalf by:

C J Mitchell
Director
CANPROP ESPANA TWO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
CANPROP ESPANA TWO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Canprop Espana Two Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Albert Goodman, Lupin Way, Yeovil, BA22 8WW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in EUR which is the functional currency of the Company and rounded to the nearest €.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials and direct labour. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 1

3. Debtors

2024 2023
Other debtors 122,127 122,127

4. Cash and cash equivalents

2024 2023
Cash at bank and in hand 3,721 8,026

5. Creditors: amounts falling due within one year

2024 2023
Other creditors 46,457 42,952

6. Called-up share capital

2024 2023
Allotted, called-up and fully-paid
100 Ordinary shares of € 1.38 each 138 138

Share capital is made up of 100 ordinary shares with a nominal value of £100, these shares are converted into euros at the date of incorporation of 28th August 2014 to give a value of €138 as represented in the financial statements.