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Company Registration No. 11518057 (England and Wales)
Direct Infrastructure Ltd Unaudited accounts for the year ended 31 August 2024
Direct Infrastructure Ltd Unaudited accounts Contents
Page
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Direct Infrastructure Ltd Company Information for the year ended 31 August 2024
Director
Thomas Wheeler
Company Number
11518057 (England and Wales)
Registered Office
11 Chapel Lane Arnold Nottingham Nottinghamshire NG5 7DR
Accountants
Select Accountancy Ltd FFA/FIPA FFTA 11 Chapel Lane Arnold Nottingham NG5 7DR
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Accountants' report on the preparation of the unaudited statutory statements of Direct Infrastructure Ltd (The Company) for the year ended 31 August 2024
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 August 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated 19 June 2024. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company 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 financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 31 August 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. 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.
Select Accountancy Ltd FFA/FIPA FFTA Financial Accountants 11 Chapel Lane Arnold Nottingham NG5 7DR 11 February 2025
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Direct Infrastructure Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,128 
43,433 
Current assets
Inventories
1,275 
4,387 
Debtors
185,682 
140,759 
Cash at bank and in hand
44,774 
- 
231,731 
145,146 
Creditors: amounts falling due within one year
(92,996)
(79,093)
Net current assets
138,735 
66,053 
Total assets less current liabilities
180,863 
109,486 
Creditors: amounts falling due after more than one year
(4,157)
(9,154)
Net assets
176,706 
100,332 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
176,705 
100,331 
Shareholders' funds
176,706 
100,332 
For the year ending 31 August 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 11 February 2025 and were signed on its behalf by
Thomas Wheeler Director Company Registration No. 11518057
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Direct Infrastructure Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Direct Infrastructure Ltd is a private company, limited by shares, registered in England and Wales, registration number 11518057. The registered office is 11 Chapel Lane, Arnold, Nottingham, Nottinghamshire, NG5 7DR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
17,272 
71,661 
2,427 
91,360 
Additions
1,297 
10,000 
1,441 
12,738 
At 31 August 2024
18,569 
81,661 
3,868 
104,098 
Depreciation
At 1 September 2023
6,191 
40,655 
1,081 
47,927 
Charge for the year
3,095 
10,252 
696 
14,043 
At 31 August 2024
9,286 
50,907 
1,777 
61,970 
Net book value
At 31 August 2024
9,283 
30,754 
2,091 
42,128 
At 31 August 2023
11,081 
31,006 
1,346 
43,433 
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Direct Infrastructure Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
184,783 
139,283 
Accrued income and prepayments
532 
1,476 
185,315 
140,759 
Amounts falling due after more than one year
Other debtors
367 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,324 
11,377 
VAT
7,391 
262 
Obligations under finance leases and hire purchase contracts
1,580 
- 
Trade creditors
1,324 
5,862 
Taxes and social security
74,548 
35,940 
Other creditors
- 
575 
Loans from directors
- 
15 
Accruals
2,829 
25,062 
92,996 
79,093 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,157 
9,154 
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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