REGISTERED NUMBER: 06776547 (England and Wales)

PINTO ADVENTURES LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

R J Pinto

J C Pinto

D F Pinto

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

06776547 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

1st Floor, Abbey Square

Davidson House

The Forbury

Reading

RG1 3EU

Current assets

Debtors

4

103,987

103,987

Cash at bank

7,717

9,912

111,704

113,899

Creditors

Amounts falling due within one year

5

(132,521

)

(133,341

)

Net current liabilities

(20,817

)

(19,442

)

Total assets less current liabilities

(20,817

)

(19,442

)

Capital and reserves

Called up share capital

99

99

Retained earnings

(20,916

)

(19,541

)

(20,817

)

(19,442

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

D F Pinto - Director

1.	Statutory information

Pinto Adventures Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

The directors consider that the going concern basis of preparation is not appropriate, as it is intended that the company will be liquidated within twelve months of the approval of these financial statements. Accordingly, assets have been stated at their recoverable amounts and liabilities have been stated at the amounts expected to be settled.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from a connected company, are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

Cash and cash in hand

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

3.	Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4.

Debtors: amounts falling due within one year

2024

2023

£

£

Amounts owed by group undertakings

103,987

103,987

5.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

1

1

Amounts owed to group undertakings

125,000

125,000

Other creditors

5,180

5,180

Accruals and deferred income

2,340

3,160

132,521

133,341

6.	Post balance sheet events

Subsequent to the year end, Lynx (GP) Holdings Limited transferred its shareholding of 33 shares in the company to D. F. Pinto and R. J. Pinto in equal joint ownership.