Company Registration No. 11223052 (England and Wales)
Infinito Holdings Ltd
Unaudited accounts for filing with the registrar
for the year ended 31 January 2025
Infinito Holdings Ltd
Unaudited accounts for filing with the registrar
Contents
Infinito Holdings Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
138,986
80,672
Cash at bank and in hand
363,657
248,266
Creditors: amounts falling due within one year
(40,968)
(50,706)
Net current assets
442,345
299,770
Total assets less current liabilities
581,331
380,442
Creditors: amounts falling due after more than one year
(70,463)
(11,669)
Provisions for liabilities
Deferred tax
(20,110)
(2,321)
Net assets
490,758
366,452
Called up share capital
10
10
Profit and loss account
490,748
366,442
Shareholders' funds
490,758
366,452
For the year ending 31 January 2025 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by
Antonio Casamassa
Director
Company Registration No. 11223052
Infinito Holdings Ltd
Notes to the Accounts
for the year ended 31 January 2025
Infinito Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11223052. The registered office is Unit 9 Black Moor Business Park New Road, Maulden, MK45 2BG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investments in shares are included at nominal value.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Infinito Holdings Ltd
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Total
At 31 January 2025
178,842
Charge for the year
29,542
At 31 January 2025
138,986
5
Deferred taxation
2025
2024
Accelerated capital allowances
20,110
2,321
Provision at start of year
2,321
-
Charged to the profit and loss account
17,789
2,321
Provision at end of year
20,110
2,321
During the year loans were made to the director totalling £820 (2024: £920). This loan is interest free and repayable on demand.
7
Transactions with related parties
During the year ending 31 January 2025 a loan was owed from a related company totalling £100,000 (2024: £100,000). This loan is interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 2 (2024: 1).