Pinto Adventures Limited - Accounts to registrar (filleted) - small 23.2.5
Pinto Adventures Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Pinto Adventures Limited |
| Financial Statements |
| for the Year Ended 31 December 2022 |
| Pinto Adventures Limited (Registered number: 06776547) |
| Contents of the Financial Statements |
| for the year ended 31 December 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Pinto Adventures Limited |
| Company Information |
| for the year ended 31 December 2022 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| 250 Fowler Avenue |
| Farnborough |
| Hampshire |
| GU14 7JP |
| Pinto Adventures Limited (Registered number: 06776547) |
| Balance Sheet |
| 31 December 2022 |
| 2022 | 2021 |
| Notes | £ | £ |
| Current assets |
| Debtors | 4 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 5 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| 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. |
| 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 |
| Pinto Adventures Limited (Registered number: 06776547) |
| Notes to the Financial Statements |
| for the year ended 31 December 2022 |
| 1. | Statutory information |
| Pinto Adventures Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| 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 financial statements have been prepared on a going concern basis dependent on the continued support of a director, designated member. The member is not aware of any reason why this support would be withdrawn. |
| 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 |
| Pinto Adventures Limited (Registered number: 06776547) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2022 |
| 4. | Debtors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Amounts owed by group undertakings |
| 5. | Creditors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Other creditors |
| Accruals and deferred income |