Infinity Energy Engineering Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC520893 (Scotland)

Financial Statements for the Year Ended 31 December 2024

for

Infinity Energy Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J F De Oliveira Conde

M Banks

C G Banks

REGISTERED OFFICE:

Pavilion 2

Kingshill Park

Westhill

Aberdeenshire

AB32 6FL

REGISTERED NUMBER:

SC520893 (Scotland)

ACCOUNTANTS:

J M Taylor

5 Rubislaw Terrace

ABERDEEN

AB10 1XE

FIXED ASSETS

Tangible assets

4

14,948

21,667

Investments

5

1,000

15,948

22,667

CURRENT ASSETS

Debtors

6

652,194

650,974

Cash at bank

1,648,911

1,799,814

2,301,105

2,450,788

CREDITORS

Amounts falling due within one year

7

516,167

506,630

NET CURRENT ASSETS

1,784,938

1,944,158

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,800,886

1,966,825

PROVISIONS FOR LIABILITIES

8

3,737

5,417

NET ASSETS

1,797,149

1,961,408

CAPITAL AND RESERVES

Called up share capital

9

300

Retained earnings

1,796,849

1,961,108

SHAREHOLDERS' FUNDS

1,797,149

1,961,408

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

M Banks - Director

1.	STATUTORY INFORMATION

Infinity Energy Engineering Limited is a private company, limited by shares , registered in Scotland. 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 etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

41,084

Additions

3,544

At 31 December 2024

44,628

DEPRECIATION

At 1 January 2024

19,417

Charge for year

10,263

At 31 December 2024

29,680

NET BOOK VALUE

At 31 December 2024

14,948

At 31 December 2023

21,667

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

1,000

NET BOOK VALUE

At 31 December 2024

1,000

At 31 December 2023

1,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

596,057

632,849

Amounts owed by group undertakings

600

300

Other debtors

55,537

17,825

652,194

650,974

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

375,804

400,217

Taxation and social security

136,364

97,758

Other creditors

3,999

8,655

516,167

506,630

8.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

Deferred tax

3,737

5,417

Deferred

tax

£

Balance at 1 January 2024

5,417

Accelerated capital allowances

(1,680

)

Balance at 31 December 2024

3,737

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

30,000

Ordinary

£0.01

300

10.	RELATED PARTY DISCLOSURES

All transactions with related parties were made on a standard commercial basis.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the directors by virtue of each having a significant shareholding.