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REGISTERED NUMBER: 13455158 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

VISHAL INFINITY LTD.

VISHAL INFINITY LTD. (REGISTERED NUMBER: 13455158)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VISHAL INFINITY LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: V Solanki





REGISTERED OFFICE: Union House
111 New Union Street
Coventry
West Midlands
CV1 2NT





REGISTERED NUMBER: 13455158 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

VISHAL INFINITY LTD. (REGISTERED NUMBER: 13455158)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59 119

CURRENT ASSETS
Cash at bank 223,710 179,207

CREDITORS
Amounts falling due within one year 5 29,027 42,288
NET CURRENT ASSETS 194,683 136,919
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,742

137,038

PROVISIONS FOR LIABILITIES 6 11 23
NET ASSETS 194,731 137,015

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 194,631 136,915
SHAREHOLDERS' FUNDS 194,731 137,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2023 and were signed by:





V Solanki - Director


VISHAL INFINITY LTD. (REGISTERED NUMBER: 13455158)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Vishal Infinity 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.

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.

Turnover
Turnover and the particulars of turnover, as required to be disclosed by the Companies Act respectively, are not valid business measures of the derivative trading activity in view of the nature of the business. The definition of turnover for this activity is not clear cut and has been taken to be the net trading profits (after commissions and fees) generated by this activity.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

VISHAL INFINITY LTD. (REGISTERED NUMBER: 13455158)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2022
and 30 June 2023 179
DEPRECIATION
At 1 July 2022 60
Charge for year 60
At 30 June 2023 120
NET BOOK VALUE
At 30 June 2023 59
At 30 June 2022 119

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2 -
Tax 28,027 40,480
Directors' current accounts 38 968
Accrued expenses 960 840
29,027 42,288

6. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 11 23

Deferred
tax
£   
Balance at 1 July 2022 23
Provided during year (12 )
Balance at 30 June 2023 11

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is V Solanki.