17 July 2023 false No description of principal activity Taxfiler 2024.5 15006584business:PrivateLimitedCompanyLtd2023-07-172024-07-31 150065842023-07-16 150065842023-07-172024-07-31 15006584business:AuditExemptWithAccountantsReport2023-07-172024-07-31 15006584business:AbridgedAccounts2023-07-172024-07-31 150065842024-07-31 15006584core:WithinOneYear2024-07-31 15006584core:AfterOneYear2024-07-31 15006584core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 15006584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 15006584core:PreviouslyStatedAmount2024-07-31 15006584business:SmallEntities2023-07-172024-07-31 15006584business:Director12023-07-172024-07-31 15006584countries:EnglandWales2023-07-172024-07-31 15006584business:RegisteredOffice2023-07-172024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 15006584 (England and Wales)
Infinito Properties Ltd Unaudited accounts for filing with the registrar for the period from 17 July 2023 to 31 July 2024
Infinito Properties Ltd Unaudited accounts for filing with the registrar Contents
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Infinito Properties Ltd Statement of financial position as at 31 July 2024
2024 
Notes
£ 
Fixed assets
Investment property
60,095 
Current assets
Debtors
100 
Cash at bank and in hand
48,280 
48,380 
Creditors: amounts falling due within one year
(5,350)
Net current assets
43,030 
Total assets less current liabilities
103,125 
Creditors: amounts falling due after more than one year
(100,000)
Net assets
3,125 
Capital and reserves
Called up share capital
100 
Profit and loss account
3,025 
Shareholders' funds
3,125 
For the period ending 31 July 2024 the company was entitled to exemption from audit 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 the 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by
Antonio Casamassa Director Company Registration No. 15006584
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Infinito Properties Ltd Notes to the Accounts for the period from 17 July 2023 to 31 July 2024
1
Statutory information
Infinito Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 15006584. The registered office is Unit 9 Black Moor Business Park, New Road, Maulden, MK45 2BG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Transactions with related parties
As at 31 July 2024 there is a loan owed to a related company totalling £100,000. This loan is interest free and repayable on demand.
5
Average number of employees
During the period the average number of employees was 0.
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