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Registered Number: 14231037
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 July 2024

for

INFINITI DEVELOPMENTS LIMITED

 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 588,156    588,156 
588,156    588,156 
Current assets      
Debtors 27,081   
Cash at bank and in hand 57    413 
27,138    413 
Net current assets 27,138    413 
 
Total assets less current liabilities 615,294    588,569 
Creditors: amount falling due after more than one year (696,111)   (625,388)
Net assets (80,817)   (36,819)
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (80,917)   (36,919)
Shareholders' funds (80,817)   (36,819)
 


For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 24 April 2025 and were signed by:


-------------------------------
Faysal Nadeem Akram
Director
1
General Information
INFINITI DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14231037, registration address 83 Ducie Street, Manchester, M1 2JQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the rent receipts.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 August 2023 588,156    588,156 
Additions  
Disposals  
At 31 July 2024 588,156    588,156 
Depreciation
At 01 August 2023  
Charge for year  
On disposals  
At 31 July 2024  
Net book values
Closing balance as at 31 July 2024 588,156    588,156 
Opening balance as at 01 August 2023 588,156    588,156 


2