42905321 2021-12-07 2022-12-31 42905321 2021-12-07 2022-12-31 0 42905321 2022-12-31 42905321 2021-12-07 fsa:ContributedCapitalMember 42905321 2021-12-07 fsa:RetainedEarningsMember 42905321 2021-12-07 42905321 2021-12-07 2022-12-31 fsa:ContributedCapitalMember 42905321 2021-12-07 2022-12-31 fsa:RetainedEarningsMember 42905321 2022-12-31 fsa:ContributedCapitalMember 42905321 2022-12-31 fsa:RetainedEarningsMember iso4217:USD Annual report 2023-06-22 Stefano Oragano Castanea ApS Ellebakken 33 2900 Hellerup 42905321 2021-12-07 2022-12-31 <p xmlns="http://www.w3.org/1999/xhtml">Management has today considered and approved the annual report for the financial year 7. December 2021 - 31. December 2022 for Castanea ApS.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml">The annual report, which has not been audited, is presented in accordance with the Danish Financial Statements Act.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml">Management believes that the financial statements give a true and fair view of the comapny's assets, liabilities and financial position and of the result.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml">The annual report is submitted for approval by the General Assembly.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> Management considers the conditions for opting out of audit to be met. Copenhagen 2023-06-22 Joel Dennis Davies <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Principal activities</strong> <br/> The Company's objective is to own shares in other companies and to run investment business and related business. </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Development in activities and economic conditions</strong> <br/> The Company considers the result for the first financial period to be in line with expectations.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Events after the end of the financial period</strong> <br/> No events have occurred after the end of the financial period that may have a significant impact on the financial position of the Company.</p> The annual report has been prepared in accordance with the regulation applying to Reporting class B. Reporting class B <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">The annual report has been prepared in USD.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">This is the first financial period for the company and therefore there are no comparative figures.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 18.0px;"> <strong>General information</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Income is recognised in the income statement as and when it is earned, including recognition of value adjustments of financial assets and liabilities.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Any costs, including depreciation, amortisation and impairment, are also recognised in the income statement.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Assets are recognised in the balance sheet when it is likely that future economic benefits will accrue to the company and the value of the asset can be measured reliably.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Liabilities are recognised in the balance sheet when it is likely that future economic benefits will not accrue to the company and the value of the liability can be measured reliably. The initial recognition measures assets and liabilities at cost. Subsequently, assets and liabilities are measured as described in the following for each item.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Certain financial assets and liabilities are measured at amortised cost, recognising a constant yield to maturity. Amortised cost is stated at initial cost less any deductions and with addition/deduction of the accumulated amortisation on the difference between cost and nominal amount. The recognition and measurement takes into account predictable losses and risks arising before the year-end reporting and which prove or disprove matters that existed at the balance sheet date.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 18.0px;"> <strong>Income statement</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>Gross profit/loss</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">The gross profit, in accordance with Danish Financial Statements Act section 32 comprises the external expenses.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>External expenses</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">External expenses comprise expenses incurred during the year for management and administration. </span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>Financial income and expenses</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Financial income and financial expenses include interest, financial expenses in connection with capital leases, realised and unrealised exchange rate gains and losses of securities, loans and transactions in foreign currencies, and on account transactions, etc. Financial income and expenses are recognised in the income statement with the amounts concerning the financial year.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>Tax on net profit for the year</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">The tax for the year consists of the current tax and the deferred tax for the year. The tax relating to the results is recognised in the income statement, whereas the tax directly relating to equity entries is taken directly to equity.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 18.0px;"> <strong>Balance sheet</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>Other investments</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Other investments include shares and other securities. Other investments are recognised at cost price on the balance sheet date.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>Receivables</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Receivables are measured at amortised cost. The value will be reduced by the provision for bad debt losses.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>Current tax and deferred tax</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Current tax liabilities and tax receivables are recognised in the balance sheet as calculated tax of taxable income for the financial year adjusted for the paid tax on account.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Deferred tax is measured on all temporary differences arising between the tax values of assets and liabilities and their carrying amounts in the financial statements.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Deferred tax assets, including the tax value of tax loss carry-forwards, are measured at the value at which the asset is expected to be realised, either by elimination against tax on future earnings or by setoff against deferred tax liabilities within the same legal tax entity and jurisdiction.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Deferred tax is measured on the basis of the tax rules and tax rates that under the legislation in force on the balance sheet date would be applicable when the deferred tax is expected to crystallise as current tax. A change in the deferred tax, which is a result of changes to tax rates, is recognised in the income statement with the exception of items that are taken directly to equity.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>Other liabilities</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Other liabilities are measured at amortised cost corresponding substantially to nominal value.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;"> <strong>Translation of foreign currencies</strong></span></p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Transactions in foreign currencies are translated at exchange rates approximating those in effect at the date of each transaction. Exchange rate differences arising between the transaction date rates and the rates at the date of payment are recognised under financial income and expenses in the income statement.</span></p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size: 16.0px;">Receivables, payables and other monetary items in foreign exchange not settled at the balance sheet date are translated at the average of the buy and sell exchange rates available at the close of business on the balance sheet date. Differences between the exchange rates at the balance sheet date and the transaction date rates are recognised under financial income and expenses in the income statement.</span></p> -2242 -2242 6955 70 4643 1082 3561 5505 144071 149576 149576 31161 31161 180737 6095 3561 9656 1082 1599 168400 171081 171081 180737 6095 0 6095 0 0 0 0 3561 3561 6095 3561 9656 <p xmlns="http://www.w3.org/1999/xhtml">The company has no contingent liabilities and has not provided any securities.</p> <table xmlns="http://www.w3.org/1999/xhtml" class="incomeStatement" style="border:0; margin-bottom: 20px;"> <thead> <tr class="header1"> <th class="col1"/> <th class="col2"/> <th class="col3">2021/22</th> </tr> </thead> <tbody> <tr> <td class="col1 dotted"> <span> Average number of employees </span> </td> <td class="col2"> </td> <td class="col3"> 0 </td> <td class="col4 lastyear"> </td> </tr> </tbody> </table> 0 false false false true Erhvervsstyrelsen Regnskab Basis No audit assistance Laurits Sabra Kompagnistræde 21, 1. TH 1208 København Ø