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REGISTERED NUMBER: OC314536 (England and Wales)















PAF FINANCIAL LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024














PAF FINANCIAL LLP (REGISTERED NUMBER: OC314536)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024










Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PAF FINANCIAL LLP

GENERAL INFORMATION
For The Year Ended 31 December 2024







DESIGNATED MEMBERS: P Arantes Ferraz
R Boms





REGISTERED OFFICE: 3rd Floor
5 Lloyds Avenue
London
EC3N 3AE





REGISTERED NUMBER: OC314536 (England and Wales)





Page 1
PAF FINANCIAL LLP (REGISTERED NUMBER: OC314536)

ABRIDGED BALANCE SHEET
31 December 2024

31/12/24 31/12/23
Notes $    $    $   
FIXED ASSETS
Investments 4 3,456,893 3,404,744

CURRENT ASSETS
Debtors 4,184,932 3,847,747
Investments 26,709,204 23,535,487
Cash at bank 274,550 1,937,212
31,168,686 29,320,446
CREDITORS
Amounts falling due within one year 139,643 26,513
NET CURRENT ASSETS 31,029,043 29,293,933
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
34,485,936
32,698,677

LOANS AND OTHER DEBTS DUE TO
MEMBERS
22,689,836
20,902,577

MEMBERS' OTHER INTERESTS
Capital accounts 11,796,100 11,796,100
34,485,936 32,698,677

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 22,689,836 20,902,577
Members' other interests 11,796,100 11,796,100
34,485,936 32,698,677

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The notes form part of these financial statements

Page 2 continued...
PAF FINANCIAL LLP (REGISTERED NUMBER: OC314536)

ABRIDGED BALANCE SHEET - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 25 September 2025 and were signed by:





P Arantes Ferraz - Designated member

The notes form part of these financial statements

Page 3
PAF FINANCIAL LLP (REGISTERED NUMBER: OC314536)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024


1. STATUTORY INFORMATION

PAF Financial LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
$   
COST
At 1 January 2024 3,404,744
Additions 52,149
At 31 December 2024 3,456,893
NET BOOK VALUE
At 31 December 2024 3,456,893
At 31 December 2023 3,404,744

Page 4