REGISTERED NUMBER: 10596962 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

INFRASTAR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G D Griffin

Ms J A M Cloke

M Kavanaugh

Ms S Wilkes

REGISTERED OFFICE:

Avionics House, Suite 7a Newhaven Road

Quedgeley

Gloucester

Gloucestershire

GL2 2SN

REGISTERED NUMBER:

10596962 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Intangible assets

4

3,876

6,612

Tangible assets

5

155,348

203,071

Investments

6

20,605

20,605

179,829

230,288

CURRENT ASSETS

Debtors

7

1,856,610

1,910,691

Cash at bank

1,839,542

578,716

3,696,152

2,489,407

CREDITORS

Amounts falling due within one year

8

1,363,202

1,172,455

NET CURRENT ASSETS

2,332,950

1,316,952

TOTAL ASSETS LESS CURRENT LIABILITIES

2,512,779

1,547,240

CREDITORS

Amounts falling due after more than one year

9

-

(210,759

)

PROVISIONS FOR LIABILITIES

(38,837

)

(50,768

)

NET ASSETS

2,473,942

1,285,713

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,473,940

1,285,711

2,473,942

1,285,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 22 July 2025 and were signed on its behalf by:

G D Griffin - Director

1.	STATUTORY INFORMATION

Infrastar Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, net of discounts and value added taxes. Turnover includes revenue from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern

The directors have considered the risks and issues concerning the company and its activities, and no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern have been identified by the directors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2024

and 28 February 2025

13,680

AMORTISATION

At 1 March 2024

7,068

Charge for year

2,736

At 28 February 2025

9,804

NET BOOK VALUE

At 28 February 2025

3,876

At 29 February 2024

6,612

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2024

66,660

118,485

185,056

370,201

Additions

-

75,348

21,135

96,483

Disposals

-

(116,114

)

(41,637

)

(157,751

)

At 28 February 2025

66,660

77,719

164,554

308,933

DEPRECIATION

At 1 March 2024

23,939

46,684

96,507

167,130

Charge for year

13,326

17,409

51,544

82,279

Eliminated on disposal

-

(54,187

)

(41,637

)

(95,824

)

At 28 February 2025

37,265

9,906

106,414

153,585

NET BOOK VALUE

At 28 February 2025

29,395

67,813

58,140

155,348

At 29 February 2024

42,721

71,801

88,549

203,071

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 March 2024

and 28 February 2025

20,605

NET BOOK VALUE

At 28 February 2025

20,605

At 29 February 2024

20,605

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,480,020

1,616,579

Other debtors

18,091

22,162

Directors' loan accounts

263,226

180,926

Prepayments and Accrued Income

95,273

91,024

1,856,610

1,910,691

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

100,000

Hire purchase contracts

-

29,115

Trade creditors

427,555

403,830

Corporation Tax

470,842

177,157

Social security and other taxes

60,016

44,244

Wages Payable

31

-

Pensions Payable

1,275

8,457

VAT

177,973

192,538

Other creditors

3,474

3,847

Accruals and deferred income

222,036

213,267

1,363,202

1,172,455

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

100,000

Bank loans - 2-5 years

-

108,333

Hire purchase contracts

-

2,426

-

210,759

10.	SECURED DEBTS

On March 2021, Lloyds Bank PLC registered a charge at Companies House which contains both a fixed and floating charge. The floating charge covers all the property or undertaking of the company. The charge also contains a negative pledge. This charge was satisfied on 21 January 2025.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

G D Griffin

Balance outstanding at start of year

180,926

111,568

Amounts advanced

263,539

232,966

Amounts repaid

(181,239

)

(163,608

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

263,226

180,926

Interest is being charged annually at the HMRC approved rate and there are no set repayment terms