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REGISTERED NUMBER: 14900263 (England and Wales)















Unaudited Financial Statements

for the Period 29 May 2023 to 31 July 2024

for

INFINITY CONGLOMERATE LTD

INFINITY CONGLOMERATE LTD (REGISTERED NUMBER: 14900263)






Contents of the Financial Statements
FOR THE PERIOD 29 MAY 2023 TO 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INFINITY CONGLOMERATE LTD

Company Information
FOR THE PERIOD 29 MAY 2023 TO 31 JULY 2024







DIRECTORS: Mrs V Butt
Mr N A Butt





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 14900263 (England and Wales)






INFINITY CONGLOMERATE LTD (REGISTERED NUMBER: 14900263)

Balance Sheet
31 JULY 2024

Notes £ £
FIXED ASSETS
Investments 4 500

CURRENT ASSETS
Debtors 5 42,430
Cash at bank 461
42,891
CREDITORS
Amounts falling due within one year 6 45,671
NET CURRENT LIABILITIES (2,780 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,280

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (2,380 )
(2,280 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 May 2025 and were signed on its behalf by:




Mr N A Butt - Director


INFINITY CONGLOMERATE LTD (REGISTERED NUMBER: 14900263)

Notes to the Financial Statements
FOR THE PERIOD 29 MAY 2023 TO 31 JULY 2024

1. STATUTORY INFORMATION

Infinity Conglomerate 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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 period 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.

Going concern
The directors consider the going concern basis to be appropriate as, in their opinion, the company will be able to secure sufficient funding to enable it to pay its debts as they fall due.
The financial statements have been prepared on the going concern basis on the assumption that the company will continue to trade for the foreseeable future, even though it had net liabilities of £2,280 as at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

INFINITY CONGLOMERATE LTD (REGISTERED NUMBER: 14900263)

Notes to the Financial Statements - continued
FOR THE PERIOD 29 MAY 2023 TO 31 JULY 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
Additions 500
At 31 July 2024 500
NET BOOK VALUE
At 31 July 2024 500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Other debtors 42,430

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Amounts owed to group undertakings 43,501
Director's current account 10
Accruals and deferred income 2,160
45,671

7. RELATED PARTY DISCLOSURES

Amounts owed to group undertakings of £43,501 is owed by the Company to other companies which are under common control.

The debts have no fixed date for repayments, are repayable on demand and are non-interest bearing.