Company Registration No. 09378652 (England and Wales)
Infinitive Engineering & Technology Ltd
Unaudited accounts
for the year ended 31 January 2024
Infinitive Engineering & Technology Ltd
Unaudited accounts
Contents
Infinitive Engineering & Technology Ltd
Company Information
for the year ended 31 January 2024
Directors
Benjamin Craze
Maria Craze
Company Number
09378652 (England and Wales)
Registered Office
7 LAKEVIEW HOUSE
BOND AVENUE
BLETCHLEY, MILTON KEYNES
MK1 1FB
ENGLAND
Accountants
Bidwell Accountancy Limited
103 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
Infinitive Engineering & Technology Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
15,462
20,616
Cash at bank and in hand
4,596
11,063
Creditors: amounts falling due within one year
(57,893)
(36,276)
Net current liabilities
(4,518)
(12,617)
Total assets less current liabilities
10,944
7,999
Creditors: amounts falling due after more than one year
(16,935)
(24,152)
Net liabilities
(5,991)
(16,153)
Called up share capital
500
500
Profit and loss account
(6,491)
(16,653)
Shareholders' funds
(5,991)
(16,153)
For the year ending 31 January 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.
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 16 October 2024 and were signed on its behalf by
Benjamin Craze
Director
Company Registration No. 09378652
Infinitive Engineering & Technology Ltd
Notes to the Accounts
for the year ended 31 January 2024
Infinitive Engineering & Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 09378652. The registered office is 7 LAKEVIEW HOUSE, BOND AVENUE, BLETCHLEY, MILTON KEYNES, MK1 1FB, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
7,530
82,550
90,080
At 31 January 2024
7,530
82,550
90,080
At 1 February 2023
6,503
62,961
69,464
Charge for the year
257
4,897
5,154
At 31 January 2024
6,760
67,858
74,618
At 31 January 2024
770
14,692
15,462
At 31 January 2023
1,027
19,589
20,616
Infinitive Engineering & Technology Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Other debtors
13,779
12,596
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,428
-
Trade creditors
5,758
2,818
Taxes and social security
52,950
46,950
Loans from directors
(23,212)
(38,363)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
2,233
8
Average number of employees
During the year the average number of employees was 0 (2023: 1).