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Registered number
09314613
Espanfenixuk Ltd
Unaudited Accounts
for the year ended
31 December 2024
Espanfenixuk Ltd
Balance Sheet
as at 31 December 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 282,060 95,234
Investments 4 106,000 89,875
388,060 185,109
Current assets
Debtors 0 4,174
Cash at bank and in hand 170,491 157,268
170,491 161,442
Creditors: amounts falling due within one year 5 (20,571) (25,486)
Net current assets / (liabilities) 149,920 135,956
Total assets less current liabilities 537,980 321,065
Provisions for liabilities (0) (0)
Accruals and deferred income (432) (432)
Total net assets (liabilities) 537,548 320,633
Capital and reserves
Called up share capital 6 158 1
Share premium account 189,058 0
Profit and loss account 348,332 320,632
Shareholders' funds 537,548 320,633

Espanfenixuk Ltd
Balance Sheet
as at 31 December 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

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.

Signed on behalf of the board of directors

...............................

Mr I Andrade

Director


Approved by the board on 25 April 2025

Company Number: 09314613 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Suite 5,
83-87 Crawford Street
London
W1H 2HB
England

Espanfenixuk Ltd
Notes to the Accounts
for the year ended 31 December 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures & Fittings 10% Straight Line
Investment property
Investment property is included at fair value, with any gains recognised in the profit and loss account for the period in which they occurred. Deferred tax is recognised on these gains at the rate expected to apply when the property is sold.
Foreign currencies
Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2024 2023
Average number of employees during the period 0 0

3. Tangible fixed assets
Fixtures & Fittings Land & buildings Total
Cost or valuation £ £ £
At 1 January 2024 22,895 79,209 102,104
Additions 0 189,116 189,116
At 31 December 2024 22,895 268,325 291,220
Depreciation
At 1 January 2024 6,870 0 6,870
Charge for the period 2,290 0 2,290
At 31 December 2024 9,160 0 9,160
Net book value
At 31 December 2024 13,735 268,325 282,060
At 31 December 2023 16,025 79,209 95,234

4. Investments
Shares in subsidiary undertakings Other investments Total
£ £ £
Carrying amount at 1 January 2024 10,000 79,875 89,875
Additions 0 19,800 19,800
Revaluations (9,000) 5,325 (3,675)
Carrying amount at 31 December 2024 1,000 105,000 106,000

5. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation & social security 7,035 12,498
Other creditors 13,536 12,988
20,571 25,486

6. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
158 (2023: 1) Ordinary shares of £1.00 each 158 1
158 1

During the period 99 Ordinary shares were issued. The aggregate nominal value of these shares was £99 and the consideration received was £99.

During the period 58 Ordinary shares were issued. The aggregate nominal value of these shares was £58 and the consideration received was £189,116.