Registered number
03963424
Info4 Ltd
Filleted Accounts
31 March 2024
Info4 Ltd
Registered number: 03963424
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 4,011 4,591
Current assets
Debtors 4 25,000 20,000
Cash at bank and in hand 119,369 157,548
144,369 177,548
Creditors: amounts falling due within one year 5 (13,672) (20,992)
Net current assets 130,697 156,556
Total assets less current liabilities 134,708 161,147
Provisions for liabilities (659) (659)
Net assets 134,049 160,488
Capital and reserves
Called up share capital 94 94
Profit and loss account 133,955 160,394
Shareholders' funds 134,049 160,488
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 4 November 2024
…...............................................................................
C Austin
Director
Info4 Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the total value of financial advice and intermediation of financial products provided as follows:

Fees: Adviser agreed fees are recognised as turnover at the time they are received, either from the product provider, or the client.

Commissions: Commissions are received by the company in the form of indemnity, drip and renewal commissions. The company has adopted the following accounting policy for the recognition of commissions:

Indemnity commissions: These are recognised as turnover from the point at which each policy goes on risk. The total of indemnity commission received is stated after appropriate deductions where there is considered to be a significant risk of the commission being clawed back.

Drip commissions: Commissions received on a drip basis are recognised in turnover at the time they are received.

Renewal commissions: Renewal commissions received are recognised in turnover at the time they are received.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 April 2023 12,068 12,706 24,774
Additions - 1,549 1,549
Disposals - (2,548) (2,548)
At 31 March 2024 12,068 11,707 23,775
Depreciation
At 1 April 2023 10,944 9,239 20,183
Charge for the year 345 1,078 1,423
On disposals - (1,842) (1,842)
At 31 March 2024 11,289 8,475 19,764
Net book value
At 31 March 2024 779 3,232 4,011
At 31 March 2023 1,124 3,467 4,591
4 Debtors 2024 2023
£ £
Other debtors 25,000 20,000
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 12,765 19,374
Other creditors 907 1,618
13,672 20,992
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr C D Austin
[Loan 1] 10,000 - (10,000) -
[Loan 2] - 12,500 - 12,500
Mrs D M Austin
[Loan 1] 10,000 - (10,000) -
[Loan 2] - 12,500 - 12,500
20,000 25,000 (20,000) 25,000
7 Other information
Info4 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
4 The Rise
Reading Road
Finchampstead
Berkshire
RG40 4RH
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