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REGISTERED NUMBER: 06676017 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

INFINIUM (SOUTH WEST) LIMITED

INFINIUM (SOUTH WEST) LIMITED (REGISTERED NUMBER: 06676017)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INFINIUM (SOUTH WEST) LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTORS: I D Gaskell
D J Massey
P Miles





REGISTERED OFFICE: Unit 4
Bartle Court Business Village
Rosemary Lane
Preston
Lancashire
PR4 0HB





REGISTERED NUMBER: 06676017 (England and Wales)





ACCOUNTANTS: Keenan Chartered Accountants
The Old Surgery
43 Derbe Road
Lytham St Annes
Lancashire
FY8 1NJ

INFINIUM (SOUTH WEST) LIMITED (REGISTERED NUMBER: 06676017)

Balance Sheet
31 March 2023

31.3.23 31.3.22
£    £   
CURRENT ASSETS
Cash at bank - 1,559
TOTAL ASSETS LESS CURRENT
LIABILITIES

-

1,559

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (100 ) 1,459
SHAREHOLDERS' FUNDS - 1,559

INFINIUM (SOUTH WEST) LIMITED (REGISTERED NUMBER: 06676017)

Balance Sheet - continued
31 March 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 27 November 2023 and were signed on its behalf by:





I D Gaskell - Director


INFINIUM (SOUTH WEST) LIMITED (REGISTERED NUMBER: 06676017)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Infinium (South West) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered address can be found on the Company Information Page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

The tax currently payable is based on the taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income and expenses that are taxable or deductible in other years and it further excludes that are not taxable or deductible.

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.

Financial instruments
Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortized cost, net of impairment.

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts.

Trade and other creditors are initially recognised at the transaction price and are therefore stated at amortized cost using the effective interest method unless the discounting would be immaterial, in which case they are stated at cost.

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

INFINIUM (SOUTH WEST) LIMITED (REGISTERED NUMBER: 06676017)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

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

4. CONTINGENT LIABILITIES

A group VAT registration was in existence during the year which included Infinium (South West) Limited and certain other group companies. At the year end, the amount due to HM Revenue and Customs in relation to the other group companies totalled £111,246 (2022-£172,747).

5. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

6. ULTIMATE CONTROLLING PARTY

The parent company of Infinium (South West) Limited is Infinium Group Limited. Infinium Group Limited has a registered office address of Unit 4, Bartle Court Business Village, Rosemary Lane, Preston, Lancashire, PR4 0HB.