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Registered number: 09424530
Inforama Limited
Financial Statements
For The Year Ended 29 February 2024
TaxAssist Accountants
563 Chiswick High Road
London
W4 3AY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09424530
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 14,522 20,746
Investment Properties 5 60,654 60,654
Investments 6 27,215 27,215
102,391 108,615
CURRENT ASSETS
Debtors 7 550,418 550,418
550,418 550,418
Creditors: Amounts Falling Due Within One Year 8 (271,277 ) (268,994 )
NET CURRENT ASSETS (LIABILITIES) 279,141 281,424
TOTAL ASSETS LESS CURRENT LIABILITIES 381,532 390,039
Creditors: Amounts Falling Due After More Than One Year 9 (150,216 ) (156,025 )
NET ASSETS 231,316 234,014
CAPITAL AND RESERVES
Called up share capital 10 10 10
Share premium account 161,812 161,812
Profit and Loss Account 69,494 72,192
SHAREHOLDERS' FUNDS 231,316 234,014
Page 1
Page 2
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mohammed Saleh
Director
08/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Inforama Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09424530 . The registered office is 563 Chiswick High Road, London, W4 3AY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Goodwill Intellectual Property Total
£ £ £
Cost
As at 1 March 2023 308,214 102 308,316
As at 29 February 2024 308,214 102 308,316
Amortisation
As at 1 March 2023 287,468 102 287,570
Provided during the period 415 - 415
Impairment losses 5,809 - 5,809
As at 29 February 2024 293,692 102 293,794
Net Book Value
As at 29 February 2024 14,522 - 14,522
As at 1 March 2023 20,746 - 20,746
5. Investment Property
2024
£
Fair Value
As at 1 March 2023 and 29 February 2024 60,654
Page 3
Page 4
6. Investments
Listed Other Total
£ £ £
Cost
As at 1 March 2023 384 26,831 27,215
As at 29 February 2024 384 26,831 27,215
Provision
As at 1 March 2023 - - -
As at 29 February 2024 - - -
Net Book Value
As at 29 February 2024 384 26,831 27,215
As at 1 March 2023 384 26,831 27,215
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 375,446 375,446
Due after more than one year
Other debtors 52,003 52,003
Amounts owed by subsidiaries 122,969 122,969
174,972 174,972
550,418 550,418
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 105,445 105,445
Other creditors 30,804 30,804
Director's loan account 135,028 132,745
271,277 268,994
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,252 10,252
Other creditors 139,964 145,773
150,216 156,025
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4