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REGISTERED NUMBER: 12015802 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Infin8 Construction Ltd

Infin8 Construction Ltd (Registered number: 12015802)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Infin8 Construction Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: G Dickens





REGISTERED OFFICE: C/o Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ





REGISTERED NUMBER: 12015802 (England and Wales)





ACCOUNTANTS: Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ

Infin8 Construction Ltd (Registered number: 12015802)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,552 8,718

CURRENT ASSETS
Debtors 5 9,639 7,758
Cash at bank 7,379 2,505
17,018 10,263
CREDITORS
Amounts falling due within one year 6 1,222 (14,589 )
NET CURRENT ASSETS 15,796 24,852
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,348

33,570

CREDITORS
Amounts falling due after more than one
year

7

18,814

28,946
NET ASSETS 3,534 4,624

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 3,533 4,623
SHAREHOLDERS' FUNDS 3,534 4,624

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Infin8 Construction Ltd (Registered number: 12015802)

Balance Sheet - continued
31 May 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 4 February 2025 and were signed by:





G Dickens - Director


Infin8 Construction Ltd (Registered number: 12015802)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Infin8 Construction Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2023 - 3 ) .

Infin8 Construction Ltd (Registered number: 12015802)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023
and 31 May 2024 225 19,974 1,487 21,686
DEPRECIATION
At 1 June 2023 87 12,022 859 12,968
Charge for year 21 1,988 157 2,166
At 31 May 2024 108 14,010 1,016 15,134
NET BOOK VALUE
At 31 May 2024 117 5,964 471 6,552
At 31 May 2023 138 7,952 628 8,718

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 7,699 5,874
VAT 1,550 1,494
Prepayments 390 390
9,639 7,758

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 5,902 4,196
Trade creditors 14 850
Tax 21,016 17,791
Social security and other taxes (26,943 ) (38,740 )
Directors' current accounts 8 94
Accrued expenses 1,225 1,220
1,222 (14,589 )

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Other loans - 1-2 years 18,814 28,946

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
1 Ordinary 1 1 1

Infin8 Construction Ltd (Registered number: 12015802)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

9. RESERVES
Retained
earnings
£   

At 1 June 2023 4,623
Profit for the year 57,770
Dividends (58,860 )
At 31 May 2024 3,533