Registration number: 12799306

La Corona (Javea) Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 7

La Corona (Javea) Limited

Company Information

Director

Mr David Vickers

Registered office

Innovation Way Genesis Centre - S08 Stoke on Trent Staffordshire England ST6 4BF

La Corona (Javea) Limited

(Registration number: 12799306)
Abridged Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Investment property		1,418,259	1,405,879
Prepayments and accrued income		862	756
Creditors: Amounts falling due within one year		(1,048,266)	(1,025,954)
Net current liabilities		(1,047,404)	(1,025,198)
Total assets less current liabilities		370,855	380,681
Provisions for liabilities		(103,751)	(103,751)
Accruals and deferred income		(2,861)	(2,360)
Net assets		264,243	274,570
Capital and reserves
Called up share capital	5	100	100
Revaluation reserve		311,254	311,254
Retained earnings		(47,111)	(36,784)
Shareholders' funds		264,243	274,570

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 April 2026
 

La Corona (Javea) Limited

(Registration number: 12799306)
Abridged Balance Sheet as at 31 August 2025

......................................... Mr David Vickers Director

La Corona (Javea) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Innovation Way
Genesis Centre - S08
Stoke on Trent
Staffordshire
ST6 4BF
England

The principal place of business is:
Calle La Sella
Javea
Alicante
03730
Spain

These financial statements were authorised for issue by the director on 16 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

La Corona (Javea) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

La Corona (Javea) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

4	Tangible assets

Cost or valuation

Depreciation

Carrying amount

At 31 August 2025

Investment properties

	2025 £
At 1 September	1,405,879
Additions	12,380
At 31 August	1,418,259

There has been no valuation of investment property by an independent valuer.

5	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

La Corona (Javea) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

6	Related party transactions

Key management personnel

Mr D Vickers

Summary of transactions with key management

Directors Loan Account

 Mr D Vickers is a related party to La Corona (Javea) Limited by virtue of his directorship and shareholding in the company.

During the period Mr Vickers introduced net monies into the company amounting to £22,312 (2024:£28,023).

As at 31 August 2025 the company owed Mr Vickers the sum of £1,048,266 (2024: £1,025,954).

The loan is interest free, unsecured and repayable on demand.