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Registered Number: 12843963
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 December 2024

for

EAGLEWEALTH INFINITY LIMITED

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 558,872  557,946 
Current assets 996  927 
Creditors: amount falling due within one year (571,322) (565,102)
Net current assets/(liabilities) (570,326) (564,175)
Total assets less current liabilities (11,454) (6,229)
Net assets/(liabilities) (11,454) (6,229)
 
Capital and reserves (11,454) (6,229)
 
  1. For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Kwok Hung Lo
Director

Date approved: 30 May 2025
1
Statutory Information
EAGLEWEALTH INFINITY LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 12843963, registration address 43 Bourne Avenue, Fenham, Newcastle Upon Tyne, NE4 9XL, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings25% Reducing Balance
Computer Equipment25% Reducing Balance
2.

Tangible fixed assets

Cost or Valuation   Freehold property   Fixtures and Fittings   Computer Equipment   Total
    £   £   £   £
At 01 January 2024   555,455    4,317    358    560,130 
Additions     3,082      3,082 
Disposals     (2,617)     (2,617)
At 31 December 2024   555,455    4,782    358    560,595 
Depreciation
At 01 January 2024     1,980    202    2,182 
Charge for year     700    40    740 
On disposals     (1,199)     (1,199)
At 31 December 2024     1,481    242    1,723 
Net book values
Closing balance as at 31 December 2024   555,455    3,301    116    558,872 
Opening balance as at 01 January 2024   555,455    2,337    156    557,948 

3.

Average number of employees

Average number of employees during the year were 2 (2023: 1).
2