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REGISTERED NUMBER: OC392723 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

INFINITY INVESTMENTS LLP

INFINITY INVESTMENTS LLP (REGISTERED NUMBER: OC392723)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INFINITY INVESTMENTS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DESIGNATED MEMBERS: P J Jones
R S Young





REGISTERED OFFICE: The Coach House
Spencer Mews
Tunbridge Wells
Kent
TN1 2PY





REGISTERED NUMBER: OC392723 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
2nd Floor
Medway Bridge House
1-8 Fairmeadow
Maidstone
Kent
ME14 1JP

INFINITY INVESTMENTS LLP (REGISTERED NUMBER: OC392723)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 - 66,292
Cash at bank 1,351 1,303
1,351 67,595
CREDITORS
Amounts falling due within one year 5 - 67,595
NET CURRENT ASSETS 1,351 -
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,351

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

1,351

-

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 1,351 -
Amounts due from members 4 - (66,291 )
1,351 (66,291 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 30 April 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 7 April 2025 and were signed by:





P J Jones - Designated member

INFINITY INVESTMENTS LLP (REGISTERED NUMBER: OC392723)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Infinity Investments LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Going concern
Accounting standards require the members to consider the appropriateness of the going concern basis when preparing the financial statements.

The business ceased to trade during the year and it is the intention of the members that the business will be dissolved. Therefore the financial statements have been prepared on a cessation basis prior to its closure.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with no significant risk of change in value.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Creditors
Short term creditors are measured at the transaction price.

Financial reporting standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
- the requirements of Section 7 Statement of Cash Flows;
- the requirements of Section 3 Financial Statement Presentation paragraph 3.17 (d);
- the requirements of Section 11 Financial Instruments paragraphs 11.39 to 11.48A;
- the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.29;
- the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and 26.23;
- the requirements of Section 33 Related Party Disclosures paragraph 33.7.

3. EMPLOYEE INFORMATION

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts due from members - 66,291
Other debtors - 1
- 66,292

INFINITY INVESTMENTS LLP (REGISTERED NUMBER: OC392723)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 9
Other creditors - 64,586
Accruals and deferred income - 3,000
- 67,595

6. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 1,351 -

Falling due within one year 1,351 -

Amounts owing to members rank after other liabilities.

7. RELATED PARTY DISCLOSURES

Infinity Technology Solutions Limited
A company under common control

At the balance sheet date, the total amount due to Infinity Technology Solutions Limited is £Nil (2023 - £52,808). During the year, the LLP paid £52,808 (2023: received £3,500) to Infinity Technology Solutions Limited. This amount was included in creditors due within one year, bears no interest and is repayable on demand.

Infinity Commercial Limited
A company under common control

At the balance sheet date, the total amount due to Infinity Commercial Limited is £Nil (2023: £11,778). During the year, the LLP paid £11,778 (2023: £Nil) to Infinity Commercial Limited. This amount was included in creditors due within one year, bears no interest and is repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The LLP is controlled by its members.