REGISTERED NUMBER: 13052968 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

INFINITY UTILITIES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K J Penn

Mr D S Penn

Mr J D Thurston

Mr R A Douch

REGISTERED OFFICE:

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

REGISTERED NUMBER:

13052968 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Tangible assets

4

172,990

330,194

CURRENT ASSETS

Stocks

50,000

50,000

Debtors

5

1,162,333

1,151,927

Cash at bank and in hand

36,999

296,116

1,249,332

1,498,043

CREDITORS

Amounts falling due within one year

6

346,585

248,622

NET CURRENT ASSETS

902,747

1,249,421

TOTAL ASSETS LESS CURRENT LIABILITIES

1,075,737

1,579,615

CREDITORS

Amounts falling due after more than one year

7

399,731

-

NET ASSETS

676,006

1,579,615

CAPITAL AND RESERVES

Called up share capital

8

10,100

10,100

Share premium

216,550

216,550

Retained earnings

449,356

1,352,965

SHAREHOLDERS' FUNDS

676,006

1,579,615

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

Mr K J Penn - Director

1.	STATUTORY INFORMATION

Infinity Utilities 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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2023 - 47 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 January 2024

240,046

223,253

-

463,299

Additions

1,058

7,000

1,219

9,277

Disposals

(7,592

)

(160,824

)

-

(168,416

)

Reclassification/transfer

(328

)

-

-

(328

)

At 31 December 2024

233,184

69,429

1,219

303,832

Depreciation

At 1 January 2024

59,839

73,266

-

133,105

Charge for year

43,786

11,408

212

55,406

Eliminated on disposal

(1,967

)

(55,702

)

-

(57,669

)

At 31 December 2024

101,658

28,972

212

130,842

Net book value

At 31 December 2024

131,526

40,457

1,007

172,990

At 31 December 2023

180,207

149,987

-

330,194

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

152,327

70,211

Amounts owed by group undertakings

666,927

697,766

Other debtors

343,079

383,950

1,162,333

1,151,927

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

77,007

91,019

Amounts owed to group undertakings

13,091

-

Taxation and social security

153,384

231,819

Other creditors

103,103

(74,216

)

346,585

248,622

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

399,731

-

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

399,731

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

10,100

Ordinary

£1

10,100

10,100