Company Registration No. 14401013 (England and Wales)
Infinity Gates Limited
Unaudited accounts
for the year ended 31 October 2024
Infinity Gates Limited
Unaudited accounts
Contents
Infinity Gates Limited
Company Information
for the year ended 31 October 2024
Directors
Steven Smith
Jamie Smith
Steven Smith
Jamie Smith
Company Number
14401013 (England and Wales)
Registered Office
4 Bryn Haf
Picton Road
Penyffordd
CH8 9HR
Accountants
Happy Bees Accountancy Services
4 Roseneath View
High Street
Bagillt
Flintshire
CH6 6EG
Infinity Gates Limited
Statement of financial position
as at 31 October 2024
Tangible assets
29,278
26,598
Cash at bank and in hand
26,996
17,703
Creditors: amounts falling due within one year
(71,077)
(23,078)
Net current assets
38,395
34,316
Called up share capital
100
100
Profit and loss account
67,573
60,814
Shareholders' funds
67,673
60,914
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by
Steven Smith
Director
Company Registration No. 14401013
Infinity Gates Limited
Notes to the Accounts
for the year ended 31 October 2024
Infinity Gates Limited is a private company, limited by shares, registered in England and Wales, registration number 14401013. The registered office is 4 Bryn Haf, Picton Road, Penyffordd, CH8 9HR.
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
31,687
-
1,160
400
33,247
Additions
-
8,000
-
-
8,000
At 31 October 2024
31,687
8,000
1,160
400
41,247
At 1 November 2023
6,337
-
232
80
6,649
Charge for the year
5,070
-
186
64
5,320
At 31 October 2024
11,407
-
418
144
11,969
At 31 October 2024
20,280
8,000
742
256
29,278
At 31 October 2023
25,350
-
928
320
26,598
Amounts falling due within one year
Trade debtors
76,913
34,568
Deferred tax asset
5,563
5,123
Infinity Gates Limited
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,066
-
Trade creditors
18,210
1,555
Taxes and social security
27,141
13,842
Loans from directors
17,160
6,181
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).