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REGISTERED NUMBER: 10948650 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2021

FOR

VOLT INFRASTRUCTURE LTD

VOLT INFRASTRUCTURE LTD (REGISTERED NUMBER: 10948650)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VOLT INFRASTRUCTURE LTD

COMPANY INFORMATION
for the year ended 30 September 2021







DIRECTOR: D Bott





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 10948650 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
Magma House
16 Davy Court
Castle Mound Way
Rugby
CV23 0UZ

VOLT INFRASTRUCTURE LTD (REGISTERED NUMBER: 10948650)

BALANCE SHEET
30 September 2021

2021 2020
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 509
Investments 5 215,000 -
215,000 509

CURRENT ASSETS
Debtors 6 219,627 167,142
Cash at bank 214,707 343,516
434,334 510,658
CREDITORS
Amounts falling due within one year 7 (147,520 ) (92,065 )
NET CURRENT ASSETS 286,814 418,593
TOTAL ASSETS LESS CURRENT
LIABILITIES

501,814

419,102

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 501,813 419,101
SHAREHOLDERS' FUNDS 501,814 419,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





D Bott - Director


VOLT INFRASTRUCTURE LTD (REGISTERED NUMBER: 10948650)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2021


1. STATUTORY INFORMATION

Volt Infrastructure Ltd is a private company, limited by shares, incorporated in England and Wales, registration number 10948650. The address of the registered office is 20-22 Wenlock Road, London,England, N1 7GU.

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 presentation currency of the financial statements is pound sterling (£) and amounts are rounded to the nearest £1.

Turnover
Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated
impairment losses. Historical costs includes expenditure that is directly attributable to bringing the asset to the
location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Computer equipment - 4 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are
recognised in profit or loss.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.


VOLT INFRASTRUCTURE LTD (REGISTERED NUMBER: 10948650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2021


2. ACCOUNTING POLICIES - continued
Taxation
The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Investment
The company's investment is held at cost less accumulated impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2020
and 30 September 2021 2,030
DEPRECIATION
At 1 October 2020 1,521
Charge for year 509
At 30 September 2021 2,030
NET BOOK VALUE
At 30 September 2021 -
At 30 September 2020 509

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 215,000
At 30 September 2021 215,000
NET BOOK VALUE
At 30 September 2021 215,000

VOLT INFRASTRUCTURE LTD (REGISTERED NUMBER: 10948650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2021


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors - 69,520
Other debtors 219,627 97,622
219,627 167,142

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Taxation and social security 144,820 88,615
Other creditors 2,700 3,450
147,520 92,065

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2021 and 30 September 2020:

2021 2020
£    £   
D Bott
Balance outstanding at start of year 57,099 943
Amounts advanced 110,206 56,414
Amounts repaid (1,146 ) (258 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 166,159 57,099

The loan is repayable on demand and is interest free.