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REGISTERED NUMBER: 09388588 (England and Wales)















Infraxis Limited

Unaudited Financial Statements for the Year Ended 31 December 2023






Infraxis Limited (Registered number: 09388588)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Infraxis Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: V Bravi
M Thomi





REGISTERED OFFICE: Suite 11C
Platform
New Station Street
Leeds
LS1 4JE





REGISTERED NUMBER: 09388588 (England and Wales)





ACCOUNTANTS: KJA Kilner Johnson Ltd
Network House
Stubs Beck Lane
Cleckheaton
BD19 4TT

Infraxis Limited (Registered number: 09388588)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,638 16,519

CURRENT ASSETS
Debtors 5 104,086 33,746
Cash at bank 101,276 158,013
205,362 191,759
CREDITORS
Amounts falling due within one year 6 47,913 131,318
NET CURRENT ASSETS 157,449 60,441
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,087

76,960

PROVISIONS FOR LIABILITIES 2,160 3,497
NET ASSETS 163,927 73,463

CAPITAL AND RESERVES
Called up share capital 20,001 20,001
Retained earnings 143,926 53,462
163,927 73,463

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 February 2024 and were signed on its behalf by:



M Thomi - Director


Infraxis Limited (Registered number: 09388588)

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

1. STATUTORY INFORMATION

Infraxis Limited 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 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.
Computer equipment - 25% reducing balance

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.

Hire purchase and leasing commitments
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 16 (2022 - 16 ) .

Infraxis Limited (Registered number: 09388588)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 44,516
Additions 2,903
Disposals (28,396 )
At 31 December 2023 19,023
DEPRECIATION
At 1 January 2023 27,997
Charge for year 4,613
Eliminated on disposal (22,225 )
At 31 December 2023 10,385
NET BOOK VALUE
At 31 December 2023 8,638
At 31 December 2022 16,519

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 104,086 33,746

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 100,000
Tax 30,963 5,062
Provision for bonus - 10,000
Provision for social security - 1,380
Pension creditor 5,026 4,060
Accrued expenses 11,924 10,816
47,913 131,318