REGISTERED NUMBER: 04213279 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HOLDINVEST LATINAMERICA LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

Mr H J Boehm

Secretaries:

Mr G Garcia

Vistra Cosec Limited

Registered office:

Suite 1, 7th Floor

50 Broadway

London

SW1H 0DB

Registered number:

04213279 (England and Wales)

FIXED ASSETS

Investments

4

1,645,824

1,430,731

CURRENT ASSETS

Debtors

5

256

160,239

Cash at bank

154,861

3,571

155,117

163,810

CREDITORS

Amounts falling due within one year

6

(25,926

)

(19,071

)

NET CURRENT ASSETS

129,191

144,739

TOTAL ASSETS LESS CURRENT LIABILITIES

1,775,015

1,575,470

CAPITAL AND RESERVES

Called up share capital

7,107

7,107

Revaluation reserve

404,848

369,854

Retained earnings

1,363,060

1,198,509

1,775,015

1,575,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 September 2026 and were signed by:

Mr H J Boehm - Director

1.	STATUTORY INFORMATION

Holdinvest LatinAmerica Ltd 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.

The company’s functional and presentational currency is US Dollars (USD) and the financial statements have been rounded to the nearest Dollar ($).

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Holdinvest LatinAmerica Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiaries are held at fair value with increases recognised in other comprehensive income, where the increase is in excess of revaluation decreases in previous years.

A decrease in revaluation is recognised in other comprehensive income to the extent of any previous recognised revaluation increase. If a revaluation decrease exceeds the accumulated revaluation gains recognised in other comprehensive income, the excess shall be recognised in profit and loss.

A revaluation of subsidiaries is carried out annually using the share values of the investments they hold to determine their value. The valuation is converted to US Dollars at the exchange rate at the balance sheet date.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 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.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Foreign currencies

Assets and liabilities in foreign currencies are translated into US Dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into US Dollars at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Investments

$

Cost or valuation

At 1 January 2025

1,430,731

Revaluations

34,994

Exchange differences

180,099

At 31 December 2025

1,645,824

Net book value

At 31 December 2025

1,645,824

At 31 December 2024

1,430,731

The company holds 99.9% of the share capital in GHW Brasil Ltda (3,537,224 shares) and 100% in Coronet Comercial Repr e Participacoes Ltda (682,000 shares).

GHW Brasil Ltda registered office: Av, Das Nacoes Unidas, 14171, Andar 15, Marble Tower, Vila Gertrudes, CEP 04794-000, Sao Paulo, SP; Brazil.

Coronet Comercial Repr e Participacoes Ltda registered office: Rua Frei Caneca, 322, Conjunto 72, Consolacao, CEP 01307-000, Sao Paulo, SP; Brazil.

The details are as follows:

GHW Brasil Ltda

Coronet Comercial Repr e Participacoes Ltda

Total

$

$

$

At 1 January 2025

597,156

833,575

1,430,731

Revaluations

2,966

32,028

34,994

Exchange differences

75,170

104,929

180,099

At 31 December 2025

675,292

970,532

1,645,824

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

$

$

Amounts owed by group undertakings

-

160,000

Other debtors

256

239

256

160,239

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

$

$

Trade creditors

22,271

15,841

Other creditors

3,655

3,230

25,926

19,071

7.	RELATED PARTY DISCLOSURES

Included within debtors is $nil (2024:$160,000) owed by the subsidiary company GHW Brasil Ltda.