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REGISTERED NUMBER: 10040916 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Infinity Engineering Services Ltd

Infinity Engineering Services Ltd (Registered number: 10040916)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Infinity Engineering Services Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: R Lemin
Mrs A Lemin





REGISTERED OFFICE: Unit 2.02
Boole Science & Innovation Centre
Beevor Street
Lincoln
LN6 7DJ





REGISTERED NUMBER: 10040916 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Infinity Engineering Services Ltd (Registered number: 10040916)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 75,409 14,052

CURRENT ASSETS
Debtors 5 3,888 243,068
Cash at bank 456,408 333,247
460,296 576,315
CREDITORS
Amounts falling due within one year 6 246,973 127,652
NET CURRENT ASSETS 213,323 448,663
TOTAL ASSETS LESS CURRENT
LIABILITIES

288,732

462,715

CREDITORS
Amounts falling due after more than one
year

7

(52,926

)

(23,333

)

PROVISIONS FOR LIABILITIES (15,339 ) (3,513 )
NET ASSETS 220,467 435,869

CAPITAL AND RESERVES
Called up share capital 9 300 100
Retained earnings 220,167 435,769
SHAREHOLDERS' FUNDS 220,467 435,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 14 April 2025 and were signed on its behalf by:





R Lemin - Director


Infinity Engineering Services Ltd (Registered number: 10040916)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Infinity Engineering Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on a going concern basis which assumes that the director will continue to support the Company. If this support was not to continue then this basis may not be appropriate.

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 - 25% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 33% on reducing balance
Computer equipment - 33% on cost

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

Infinity Engineering Services Ltd (Registered number: 10040916)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 11,174 3,631 - 14,883 29,688
Additions 555 26,962 52,569 6,276 86,362
At 30 September 2024 11,729 30,593 52,569 21,159 116,050
DEPRECIATION
At 1 October 2023 4,071 3,560 - 8,005 15,636
Charge for year 2,894 7,053 10,514 4,544 25,005
At 30 September 2024 6,965 10,613 10,514 12,549 40,641
NET BOOK VALUE
At 30 September 2024 4,764 19,980 42,055 8,610 75,409
At 30 September 2023 7,103 71 - 6,878 14,052

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings - 218,110
Other debtors 3,888 24,958
3,888 243,068

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 13,575 -
Trade creditors 153 39
Amounts owed to group undertakings 253 -
Taxation and social security 126,945 109,202
Other creditors 106,047 18,411
246,973 127,652

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 39,593 -
Other creditors 13,333 23,333
52,926 23,333

Infinity Engineering Services Ltd (Registered number: 10040916)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 53,168 -

The hire purchase contracts are secured against the assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
100 Ordinary A voting £1 100 -
100 Ordinary B voting £1 100 -
300 100