Transparency Portal

Isla de los Volcanes, a limited company, incorporated in 1976, with registered address at Calle Testeyna, number 3, Puerto del Carmen, 35510, Tías, Las Palmas.

Its main activity is the operation of a tourist complex made up of 89 apartments, common areas, a bar-restaurant, and other services.

The bar-restaurant is leased to a third party.

The corporate purpose of the company is the purchase and sale of rural and urban land, the construction of buildings on such land, its leasing on its own account or on behalf of third parties, and tourism developments.

1. Regulations applicable to the entity

• Law 19/2013, of 9 December, on transparency, access to public information, and good governance (National regulation)
• Law 12/2014, of 26 December, on transparency and access to public information (Regional regulation)
• Royal Legislative Decree 1/2010, of 2 July, approving the revised text of the Capital Companies Act
• Law 38/2003, of 17 November, General Subsidies Act

2. Information relating to the functions and competences, corporate purpose, or founding aim of the entity

• Isla de los Volcanes, a limited company, incorporated in 1976, with registered address at Calle Testeyna, number 3, Puerto del Carmen, 35510, Tías, Las Palmas.
• Its main activity is the operation of a tourist complex made up of 89 apartments, common areas, a bar-restaurant, and other services.
• The bar-restaurant is leased to a third party.
• The corporate purpose of the company is the purchase and sale of rural and urban land, the construction of buildings on such land, its leasing on its own account or on behalf of third parties, and tourism developments.

3. Organizational chart

• Management
• Finance and Administration Department
• Reception/Commercial Department
• Housekeeping Department
• Maintenance/Lifeguard Department
• Security Department

Budgetary and accounting information

1. Annual accounts

We enclose the Annual Accounts and Report for 2021:

• Annual Accounts – Isla de los Volcanes, S.L. – 2021
• Annual Report – Isla de los Volcanes, S.L. – 2021

2. Audit reports

Isla de los Volcanes, S.L. is not required to submit an audit report since, according to the criteria that determine when a company is subject to the auditing obligation, regulated under the Capital Companies Act, specifically Article 257 of RDL 1/2010 of 2 July, Isla de los Volcanes, S.L. does not exceed the thresholds for net turnover or average number of employees.

Contracts entered into with public entities

There are no contracts with public entities.

List of terminated contracts with public entities

There are no contracts with public entities.

Agreements with public entities

There are no agreements with public entities.

Covid direct aid line for self-employed people and businesses provided for under Title I of Royal Decree-Law 5/2021, of 12 March, on extraordinary measures to support business solvency in response to the COVID-19 pandemic, financed by the Spanish government. Line 2: self-employed people, businesses, and business groups whose annual turnover, as declared or verified by the tax authorities for the Canary Islands General Indirect Tax (IGIC) and, where applicable, Value Added Tax (VAT), fell by more than 30.0% in 2020 compared with 2019.

• Budget: €398,489.15 (amount awarded)
• End date: 30/06/2022
• Start date: 15/12/2021 (date awarded)

Grant from the Government of the Canary Islands provided for under Decree-Law 10/2021, of 22 July, aimed at covering the cost of the Property Tax (IBI) borne by companies operating tourist accommodation establishments affected by the crisis arising from the Covid-19 pandemic.

Objective or purpose: Funding of the 2021 IBI (property tax).

• Budget: €20,938.03 (amount awarded)
• Start date: 30/12/2021 (date awarded)

Grant from the Cabildo de Lanzarote aimed at mitigating the economic impact of the Covid-19 health crisis on self-employed workers and small businesses on the islands of Lanzarote and La Graciosa.

• Budget: €4,000.00 (amount awarded)
• Start date: 17/12/2021 (date awarded)