IRIS Accounts Production v25.1.0.734 14344059 director 1.10.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh143440592023-09-30143440592024-07-31143440592023-10-012024-07-31143440592022-09-07143440592022-09-082023-09-30143440592023-09-3014344059ns15:EnglandWales2023-10-012024-07-3114344059ns14:PoundSterling2023-10-012024-07-3114344059ns10:Director12023-10-012024-07-3114344059ns10:PrivateLimitedCompanyLtd2023-10-012024-07-3114344059ns10:SmallEntities2023-10-012024-07-3114344059ns10:AuditExempt-NoAccountantsReport2023-10-012024-07-3114344059ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-07-3114344059ns10:SmallCompaniesRegimeForAccounts2023-10-012024-07-3114344059ns10:FullAccounts2023-10-012024-07-3114344059ns10:RegisteredOffice2023-10-012024-07-3114344059ns5:CurrentFinancialInstruments2024-07-3114344059ns5:CurrentFinancialInstruments2023-09-3014344059ns5:ShareCapital2024-07-3114344059ns5:ShareCapital2023-09-3014344059ns5:RetainedEarningsAccumulatedLosses2024-07-3114344059ns5:RetainedEarningsAccumulatedLosses2023-09-3014344059ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3114344059ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30143440591ns10:Director12023-09-30143440591ns10:Director12022-09-07143440591ns10:Director12023-10-012024-07-31143440591ns10:Director12022-09-082023-09-30143440591ns10:Director12024-07-31143440591ns10:Director12023-09-30
REGISTERED NUMBER: 14344059 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Period 1 October 2023 to 31 July 2024

for

INFINITY 3000 LTD

INFINITY 3000 LTD (REGISTERED NUMBER: 14344059)






Contents of the Financial Statements
FOR THE PERIOD 1 OCTOBER 2023 TO 31 JULY 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


INFINITY 3000 LTD

Company Information
FOR THE PERIOD 1 OCTOBER 2023 TO 31 JULY 2024







DIRECTOR: Mr N A Butt





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





REGISTERED NUMBER: 14344059 (England and Wales)






INFINITY 3000 LTD (REGISTERED NUMBER: 14344059)

Report of the Director
FOR THE PERIOD 1 OCTOBER 2023 TO 31 JULY 2024

The director presents his report with the financial statements of the company for the period 1 October 2023 to 31 July 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the period under review was that of operating a construction business.

DIRECTOR
Mr N A Butt held office during the whole of the period from 1 October 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr N A Butt - Director


13 May 2025

INFINITY 3000 LTD (REGISTERED NUMBER: 14344059)

Income Statement
FOR THE PERIOD 1 OCTOBER 2023 TO 31 JULY 2024

Period Period
1.10.23 8.9.22
to to
31.7.24 30.9.23
£ £

TURNOVER - -

Administrative expenses 5,239 1,836
OPERATING LOSS and
LOSS BEFORE TAXATION (5,239 ) (1,836 )

Tax on loss - -
LOSS FOR THE FINANCIAL PERIOD (5,239 ) (1,836 )

INFINITY 3000 LTD (REGISTERED NUMBER: 14344059)

Balance Sheet
31 JULY 2024

31.7.24 30.9.23
Notes £ £
CURRENT ASSETS
Stocks 4 245,229 92,528
Debtors 5 8,189 40,284
Cash at bank and in hand 35,739 9,398
289,157 142,210
CREDITORS
Amounts falling due within one year 6 296,132 143,946
NET CURRENT LIABILITIES (6,975 ) (1,736 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,975

)

(1,736

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (7,075 ) (1,836 )
(6,975 ) (1,736 )

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 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.

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

The financial statements were approved by the director and authorised for issue on 13 May 2025 and were signed by:





Mr N A Butt - Director


INFINITY 3000 LTD (REGISTERED NUMBER: 14344059)

Notes to the Financial Statements
FOR THE PERIOD 1 OCTOBER 2023 TO 31 JULY 2024

1. STATUTORY INFORMATION

Infinity 3000 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.

Work in progress
Work in Progress is valued at lower of cost and net realisable value, after making allowances for damages.

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
At 31 July 2024, the Company was in a net liability position of £6,975. Although the Company is currently loss making, the director has indicated that the parent company has adequate resources to support the Company for the foreseeable future. Accordingly, the Company continues to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4. STOCKS
31.7.24 30.9.23
£ £
Stocks 245,229 92,528

INFINITY 3000 LTD (REGISTERED NUMBER: 14344059)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 JULY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 30.9.23
£ £
Amounts owed by group undertakings 100 -
Director's current account - 30,988
Value added tax 8,089 9,296
8,189 40,284

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 30.9.23
£ £
Amounts owed to group undertakings 251,031 142,446
Social security and other taxes 707 -
Other creditors 25,002 -
Director's current account 16,092 -
Accruals and deferred income 3,300 1,500
296,132 143,946

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 July 2024 and 30 September 2023:

31.7.24 30.9.23
£ £
Mr N A Butt
Balance outstanding at start of period 30,988 -
Amounts advanced - 30,988
Amounts repaid (47,080 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (16,092 ) 30,988

8. RELATED PARTY DISCLOSURES

Amounts owed by group undertakings of £100 is owed to the Company by another company which is under common control.

Amounts owed to group undertakings of £251,031 is owed by the Company to another company which is under common control.

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