UK-INFINITY LTD

Company Registration Number:
07318282 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

UK-INFINITY LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

UK-INFINITY LTD

Company Information

for the Period Ended 31 July 2023




Director: R Mistry
Miss S Garrett
Registered office: 18
The Meadway
Syston
Leicester
LE7 2BD
Company Registration Number: 07318282 (England and Wales)

UK-INFINITY LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 115,581 175,725
Total fixed assets: 115,581 175,725
Current assets
Stocks: 70,250 37,796
Debtors: 30,494 57,258
Cash at bank and in hand: 367,446 552,630
Total current assets: 468,190 647,684
Creditors: amounts falling due within one year: ( 2,678 ) ( 30,356 )
Net current assets (liabilities): 465,512 617,328
Total assets less current liabilities: 581,093 793,053
Total net assets (liabilities): 581,093 793,053

The notes form part of these financial statements

UK-INFINITY LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 581,091 793,051
Shareholders funds: 581,093 793,053

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 April 2024
And Signed On Behalf Of The Board By:

Name: R Mistry
Status: Director

The notes form part of these financial statements

UK-INFINITY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

    Plant and Machinery 25%

UK-INFINITY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 5

UK-INFINITY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

UK-INFINITY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Dividends


2023
£

2022
£
Dividends paid 20,000 20,000

UK-INFINITY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Tangible Assets

Total
Cost £
At 01 August 2022 355,517
Additions 116,873
Disposals (303,817)
Revaluations -
Transfers -
At 31 July 2023 168,573
Depreciation
At 01 August 2022 179,792
Charge for year 38,527
On disposals (165,327)
Other adjustments -
At 31 July 2023 52,992
Net book value
At 31 July 2023 115,581
At 31 July 2022 175,725