IRIS Accounts Production v24.1.9.2 08547216 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085472162022-11-30085472162023-11-30085472162022-12-012023-11-30085472162021-11-30085472162021-12-012022-11-30085472162022-11-3008547216ns15:EnglandWales2022-12-012023-11-3008547216ns14:PoundSterling2022-12-012023-11-3008547216ns10:Director12022-12-012023-11-3008547216ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008547216ns10:SmallEntities2022-12-012023-11-3008547216ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008547216ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008547216ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008547216ns10:FullAccounts2022-12-012023-11-3008547216ns10:Director22022-12-012023-11-3008547216ns10:RegisteredOffice2022-12-012023-11-3008547216ns5:CurrentFinancialInstruments2023-11-3008547216ns5:CurrentFinancialInstruments2022-11-3008547216ns5:Non-currentFinancialInstruments2023-11-3008547216ns5:Non-currentFinancialInstruments2022-11-3008547216ns5:ShareCapital2023-11-3008547216ns5:ShareCapital2022-11-3008547216ns5:RetainedEarningsAccumulatedLosses2023-11-3008547216ns5:RetainedEarningsAccumulatedLosses2022-11-3008547216ns5:PlantMachinery2022-12-012023-11-3008547216ns5:PlantMachinery2022-11-3008547216ns5:PlantMachinery2023-11-3008547216ns5:PlantMachinery2022-11-3008547216ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3008547216ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 08547216 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 NOVEMBER 2023

FOR

INFINITY CONTROL SOLUTIONS LTD

INFINITY CONTROL SOLUTIONS LTD (REGISTERED NUMBER: 08547216)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INFINITY CONTROL SOLUTIONS LTD

COMPANY INFORMATION
for the year ended 30 November 2023







DIRECTOR: P O'Grady





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: 08547216 (England and Wales)





ACCOUNTANTS: d&t
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

INFINITY CONTROL SOLUTIONS LTD (REGISTERED NUMBER: 08547216)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,528 37,882

CURRENT ASSETS
Debtors 5 319,369 322,859
Cash at bank 51,911 332,852
371,280 655,711
CREDITORS
Amounts falling due within one year 6 216,019 319,621
NET CURRENT ASSETS 155,261 336,090
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,789

373,972

CREDITORS
Amounts falling due after more than one
year

7

(86,667

)

(126,667

)

PROVISIONS FOR LIABILITIES (3,422 ) (7,289 )
NET ASSETS 82,700 240,016

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 82,600 239,916
SHAREHOLDERS' FUNDS 82,700 240,016

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

INFINITY CONTROL SOLUTIONS LTD (REGISTERED NUMBER: 08547216)

BALANCE SHEET - continued
30 November 2023


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 1 May 2024 and were signed by:





S King - Director


INFINITY CONTROL SOLUTIONS LTD (REGISTERED NUMBER: 08547216)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Infinity Control Solutions 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.

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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% straight line basis and 20% straight line basis

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.

INFINITY CONTROL SOLUTIONS LTD (REGISTERED NUMBER: 08547216)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 118,249
DEPRECIATION
At 1 December 2022 80,367
Charge for year 20,354
At 30 November 2023 100,721
NET BOOK VALUE
At 30 November 2023 17,528
At 30 November 2022 37,882

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 118,489 131,838
Other debtors 200,880 191,021
319,369 322,859

INFINITY CONTROL SOLUTIONS LTD (REGISTERED NUMBER: 08547216)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 40,000 40,000
Trade creditors 134,711 196,446
Taxation and social security 32,450 64,176
Other creditors 8,858 18,999
216,019 319,621

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 86,667 126,667

8. LEASING AGREEMENTS
At 30 November 2023 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £14,408 (2022 - £50,908).

9. RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market
conditions.