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REGISTERED NUMBER: 08167181 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Infinity Energy Organisation Limited

Infinity Energy Organisation Limited (Registered number: 08167181)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Infinity Energy Organisation Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M N Patel





REGISTERED OFFICE: Ground Floor, Unit 15
Wharfeside
Wembley
Middlesex
HA0 4PE





REGISTERED NUMBER: 08167181 (England and Wales)





ACCOUNTANTS: Kumar Business Consultants Ltd
Chartered Certified Accountants
255 - 261 Horn Lane
London
W3 9EH

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Infinity Energy Organisation Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Infinity Energy Organisation Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Infinity Energy Organisation Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Infinity Energy Organisation Limited and state those matters that we have agreed to state to the director of Infinity Energy Organisation Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Infinity Energy Organisation Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Infinity Energy Organisation Limited. You consider that Infinity Energy Organisation Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Infinity Energy Organisation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Kumar Business Consultants Ltd
Chartered Certified Accountants
255 - 261 Horn Lane
London
W3 9EH


Date: .............................................

Infinity Energy Organisation Limited (Registered number: 08167181)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 11,309 16,117

CURRENT ASSETS
Inventories 1,039,426 658,937
Debtors 5 800,586 775,922
Cash at bank 1,348,324 111,626
3,188,336 1,546,485
CREDITORS
Amounts falling due within one year 6 4,064,342 3,128,076
NET CURRENT LIABILITIES (876,006 ) (1,581,591 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(864,697

)

(1,565,474

)

CREDITORS
Amounts falling due after more than one
year

7

(250,000

)

(33,791

)

PROVISIONS FOR LIABILITIES 8 (2,149 ) (3,062 )
NET LIABILITIES (1,116,846 ) (1,602,327 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,116,946 ) (1,602,427 )
SHAREHOLDERS' FUNDS (1,116,846 ) (1,602,327 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Infinity Energy Organisation Limited (Registered number: 08167181)

Balance Sheet - continued
30 June 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 director and authorised for issue on 9 December 2024 and were signed by:





M N Patel - Director


Infinity Energy Organisation Limited (Registered number: 08167181)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Infinity Energy Organisation 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.

2. ACCOUNTING POLICIES

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

The accounts have been prepared on the going concern basis. In assessing whether the going concern assumption is appropriate, the directors have taken into account all relevant information about the future trading including profit and cash forecasts. The business has a history of making profits and is cash generative and this is expected to continue. It is therefore considered appropriate to adopt the going concern basis of accounting in the preparation of the financial statements.

Turnover
Turnover represents the value of services provided on the contracts to the extent that there is a right of consideration and is recorded at the value of the consideration. Where a contract has been partially completed at the balance sheet date, turnover represent the value of the services provided to date based on a proportion of the total expected consideration and completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due in one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33.33% on cost

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 inventories to their present location and condition.

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.


Infinity Energy Organisation Limited (Registered number: 08167181)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 12 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 25,671 14,520 40,191
Additions - 583 583
At 30 June 2024 25,671 15,103 40,774
DEPRECIATION
At 1 July 2023 17,811 6,263 24,074
Charge for year 1,179 4,212 5,391
At 30 June 2024 18,990 10,475 29,465
NET BOOK VALUE
At 30 June 2024 6,681 4,628 11,309
At 30 June 2023 7,860 8,257 16,117

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 495,978 351,547
Other debtors 298,348 403,545
Prepayments 6,260 20,830
800,586 775,922

Infinity Energy Organisation Limited (Registered number: 08167181)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 242,552 81,845
Social security and other taxes 16,623 5,400
Withholding Tax - 1,616
Pension 1,803 1,426
VAT 144,617 57,805
Other loan 3,609,078 2,957,719
Net Wages 26,943 20,229
Directors' current accounts 985 2,036
Accrued expenses 21,741 -
4,064,342 3,128,076

Other creditors includes loans which are repayable on demand.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 250,000 33,791

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 2,149 3,062

Deferred
tax
£   
Balance at 1 July 2023 3,062
Provided during year (913 )
Balance at 30 June 2024 2,149