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REGISTERED NUMBER: 10439927 (England and Wales)












INFERRIX LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2023






INFERRIX LIMITED (REGISTERED NUMBER: 10439927)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INFERRIX LIMITED

Company Information
for the Year Ended 31 December 2023







Director: R Paul





Registered office: Np-105, Icentre
Howard Way
Interchange Park
Newport Pagnell
Buckinghamshire
MK16 9PY





Registered number: 10439927 (England and Wales)





Accountants: Michael Price Associates Ltd
NP-105, iCentre
Howard Way
Newport Pagnell
Milton Keynes
Buckinghamshire
MK16 9PY

INFERRIX LIMITED (REGISTERED NUMBER: 10439927)

Balance Sheet
31 December 2023

31/12/23 31/12/22
Notes £    £    £    £   
Fixed assets
Tangible assets 4 - 321
Investments 5 458 458
458 779

Current assets
Stocks 890 1,530
Debtors 6 57,475 89,387
Cash at bank 43,406 14,248
101,771 105,165
Creditors
Amounts falling due within one year 7 82,373 228,513
Net current assets/(liabilities) 19,398 (123,348 )
Total assets less current liabilities 19,856 (122,569 )

Creditors
Amounts falling due after more than one year 8 75,228 111,511
Net liabilities (55,372 ) (234,080 )

Capital and reserves
Called up share capital 22,212 22,212
Share premium 127,788 127,788
Retained earnings (205,372 ) (384,080 )
(55,372 ) (234,080 )

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 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.

INFERRIX LIMITED (REGISTERED NUMBER: 10439927)

Balance Sheet - continued
31 December 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 25 September 2024 and were signed by:





R Paul - Director


INFERRIX LIMITED (REGISTERED NUMBER: 10439927)

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

1. Statutory information

Inferrix 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.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Going concern
The directors have assessed the statement of financial position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

INFERRIX LIMITED (REGISTERED NUMBER: 10439927)

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
and 31 December 2023 2,291
Depreciation
At 1 January 2023 1,970
Charge for year 321
At 31 December 2023 2,291
Net book value
At 31 December 2023 -
At 31 December 2022 321

5. Fixed asset investments
Other
investments
£   
Cost
At 1 January 2023
and 31 December 2023 458
Net book value
At 31 December 2023 458
At 31 December 2022 458

6. Debtors: amounts falling due within one year
31/12/23 31/12/22
£    £   
Trade debtors 27,298 58,326
VAT 436 1,320
Deferred tax asset 29,741 29,741
57,475 89,387

7. Creditors: amounts falling due within one year
31/12/23 31/12/22
£    £   
Bank loans and overdrafts 15,914 16,842
Trade creditors 48,477 195,171
Taxation and social security 1,482 -
Other creditors 16,500 16,500
82,373 228,513

INFERRIX LIMITED (REGISTERED NUMBER: 10439927)

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

8. Creditors: amounts falling due after more than one year
31/12/23 31/12/22
£    £   
Bank loans 40,419 55,314
Other creditors 34,809 56,197
75,228 111,511

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,386 10,456