Company Registration No. 12621729 (England and Wales)
Inferno Electronics Limited
Unaudited accounts
for the year ended 31 May 2024
Inferno Electronics Limited
Unaudited accounts
Contents
Inferno Electronics Limited
Company Information
for the year ended 31 May 2024
Directors
Genuine Wasolua Waku
Genuine Wasolua Waku
Company Number
12621729 (England and Wales)
Registered Office
57 Pepper Road
Leeds
West Yorkshire
LS10 2RU
England
Inferno Electronics Limited
Statement of financial position
as at 31 May 2024
Intangible assets
44,090
51,855
Tangible assets
59,682
69,629
Cash at bank and in hand
21,698
21,915
Creditors: amounts falling due within one year
(325,658)
(346,680)
Net current liabilities
(237,293)
(258,518)
Total assets less current liabilities
(133,521)
(137,034)
Creditors: amounts falling due after more than one year
(21,480)
(24,000)
Net liabilities
(155,001)
(161,034)
Called up share capital
1
1
Profit and loss account
(155,002)
(161,035)
Shareholders' funds
(155,001)
(161,034)
For the year ending 31 May 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 1 June 2024 and were signed on its behalf by
Genuine Wasolua Waku
Director
Company Registration No. 12621729
Inferno Electronics Limited
Notes to the Accounts
for the year ended 31 May 2024
Inferno Electronics Limited is a private company, limited by shares, registered in England and Wales, registration number 12621729. The registered office is 57 Pepper Road, , Leeds, West Yorkshire, LS10 2RU, 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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Inferno Electronics Limited
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
43,157
44,827
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
230,564
244,073
Taxes and social security
18,885
21,275
Other creditors
16,892
18,472
Loans from directors
20,518
23,193
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).