Company Registration No. 13403896 (England and Wales)
Infrastructure And Finance Ltd
Unaudited accounts
for the year ended 31 May 2024
Infrastructure And Finance Ltd
Unaudited accounts
Contents
Infrastructure And Finance Ltd
Company Information
for the year ended 31 May 2024
Company Number
13403896 (England and Wales)
Registered Office
36 Wattendon Road
Kenley
Surrey
CR8 5LU
England
Infrastructure And Finance Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
427,500
427,500
Cash at bank and in hand
7,400
3,319
Creditors: amounts falling due within one year
(116,074)
(119,220)
Net current liabilities
(94,104)
(101,331)
Total assets less current liabilities
333,396
326,169
Creditors: amounts falling due after more than one year
(321,375)
(321,375)
Called up share capital
10
10
Profit and loss account
12,011
4,784
Shareholders' funds
12,021
4,794
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 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 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 and authorised for issue on 14 December 2024 and were signed on its behalf by
Craig Giaccio
Director
Company Registration No. 13403896
Infrastructure And Finance Ltd
Notes to the Accounts
for the year ended 31 May 2024
Infrastructure And Finance Ltd is a private company, limited by shares, registered in England and Wales, registration number 13403896. The registered office is 36 Wattendon Road, Kenley, Surrey, CR8 5LU, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Land & buildings
Amounts falling due after more than one year
Other debtors
14,570
14,570
Infrastructure And Finance Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,817
1,122
Loans from directors
113,257
118,098
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
321,375
321,375
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Transactions with related parties
Dr Craig Giaccio is the only director and the shareholder who holds 100% shareholding in the company.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).