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Company Registration No. 10895575 (England and Wales)
The Infinite Art of Fashion Ltd Unaudited accounts for the year ended 31 August 2024
The Infinite Art of Fashion Ltd Unaudited accounts Contents
Page
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The Infinite Art of Fashion Ltd Company Information for the year ended 31 August 2024
Director
K. Tyagi
Company Number
10895575 (England and Wales)
Registered Office
105 Palewell Park East Sheen London SW14 8JJ United Kingdom
Accountants
W R Luke Lester Associates Limited 105 Palewell Park London SW14 8JJ
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The Infinite Art of Fashion Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
693 
- 
Current assets
Debtors
7,196 
5,051 
Cash at bank and in hand
1,515 
23,219 
8,711 
28,270 
Creditors: amounts falling due within one year
(11,082)
(9,740)
Net current (liabilities)/assets
(2,371)
18,530 
Total assets less current liabilities
(1,678)
18,530 
Creditors: amounts falling due after more than one year
(11,412)
(12,392)
Net (liabilities)/assets
(13,090)
6,138 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(13,190)
6,038 
Shareholders' funds
(13,090)
6,138 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2025 and were signed on its behalf by
K. Tyagi Director Company Registration No. 10895575
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The Infinite Art of Fashion Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
The Infinite Art of Fashion Ltd is a private company, limited by shares, registered in England and Wales, registration number 10895575. The registered office is 105 Palewell Park, East Sheen, London, SW14 8JJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
- 
Additions
1,040 
At 31 August 2024
1,040 
Depreciation
Charge for the year
347 
At 31 August 2024
347 
Net book value
At 31 August 2024
693 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
(355)
(127)
Other debtors
7,551 
5,178 
7,196 
5,051 
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The Infinite Art of Fashion Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,001 
2,001 
Trade creditors
1,114 
180 
Taxes and social security
- 
1,632 
Other creditors
7,967 
5,927 
11,082 
9,740 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,412 
12,392 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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