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REGISTERED NUMBER: 09519831 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

INFRAMAT LIMITED

INFRAMAT LIMITED (REGISTERED NUMBER: 09519831)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INFRAMAT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: N P Fowles
S D Jackson
A L G Maye





REGISTERED OFFICE: Unit 1D
North Crescent
Cody Road
London
E16 4TG





REGISTERED NUMBER: 09519831 (England and Wales)





ACCOUNTANTS: Hollis and Co Limited
Chartered Accountants
35 Wilkinson Street
Sheffield
South Yorkshire
S10 2GB

INFRAMAT LIMITED (REGISTERED NUMBER: 09519831)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 13,938 24,688

CURRENT ASSETS
Stocks 4,076 915
Debtors 6 174,130 123,825
Cash at bank 194,295 3,247
372,501 127,987
CREDITORS
Amounts falling due within one year 7 243,482 159,465
NET CURRENT ASSETS/(LIABILITIES) 129,019 (31,478 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,957

(6,790

)

CREDITORS
Amounts falling due after more than one
year

8

(12,500

)

(22,500

)

PROVISIONS FOR LIABILITIES (1,588 ) (2,988 )
NET ASSETS/(LIABILITIES) 128,869 (32,278 )

CAPITAL AND RESERVES
Called up share capital 10 40 40
Retained earnings 128,829 (32,318 )
SHAREHOLDERS' FUNDS 128,869 (32,278 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

INFRAMAT LIMITED (REGISTERED NUMBER: 09519831)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by:





N P Fowles - Director


INFRAMAT LIMITED (REGISTERED NUMBER: 09519831)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Inframat 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.

The presentation currency of the financial statements is the Pound Sterling (£).


These financial statements cover the entity as an individual company.

The figures in the financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The directors have reviewed the ongoing forecasts for the business and the post year end management accounts and they believe that the company will be able to pay its obligations as they fall due, therefore despite the company reporting both net current liabilities and net liabilities in its balance sheet, the directors have concluded that it is appropriate to continue to adopt the going concern basis of preparation for these financial statements.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

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 - 33% on cost and Over period of lease

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Financial Liabilities

The company's loans payable meet the definition of a basic financial instrument, so they are originally recognised at the transaction price.

Debt instruments which are financing transactions at a rate of interest that is not a market rate.

Where debt instruments are classified as assets due after more than one year or long term liabilities, then the company measures these at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Where debt instruments are classified as current assets or current liabilities, then there is no present value adjustment to the initial measurement based on amortised cost.


INFRAMAT LIMITED (REGISTERED NUMBER: 09519831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 5 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 66,663
DEPRECIATION
At 1 April 2023 41,975
Charge for year 10,750
At 31 March 2024 52,725
NET BOOK VALUE
At 31 March 2024 13,938
At 31 March 2023 24,688

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 162,080 104,048
Other debtors 12,050 19,777
174,130 123,825

INFRAMAT LIMITED (REGISTERED NUMBER: 09519831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 61,201 97,935
Taxation and social security 102,674 39,570
Other creditors 69,607 11,960
243,482 159,465

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,500 22,500

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 39,018 38,254

10. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
1,008 Ordinary A Shares 0.01 10 10
2,992 Ordinary B Shares 0.01 30 30
40 40

11. RELATED PARTY DISCLOSURES

A company which meets the definition of a related party has provided Inframat Limited with an interest free working capital loan.

During the year, the company was formally released from its obligation to repay the above loan to the lender. At the time of the release, the loan amounted to £438,124.

At the previous year end, the directors of Inframat Limited had an expectation that the company would not have to repay this obligation, therefore as the definition of a liability was no longer met, the 31March 2023 loan balance of £401,836 was removed from its balance sheet.