Infinite Electricity Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15222355

INFINITE ELECTRICITY LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 October 2024

INFINITE ELECTRICITY LIMITED

STATEMENT OF FINANCIAL POSITION

31 October 2024

	31 Oct 24
Note	£	£

FIXED ASSETS

Tangible assets	5		2,223

CURRENT ASSETS

Debtors	6	423
Cash at bank and in hand		458
		----
		881

CREDITORS: amounts falling due within one year	7	33,648
		--------
NET CURRENT LIABILITIES			32,767
			--------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 30,544)
			--------
NET LIABILITIES			( 30,544)
			--------

CAPITAL AND RESERVES

Called up share capital fully paid		100
Profit and loss account		( 30,644)
		--------
SHAREHOLDERS DEFICIT		( 30,544)
		--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 28 August 2025 , and are signed on behalf of the board by:

Mr P H Stein
Director

Company registration number: 15222355

INFINITE ELECTRICITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 19 OCTOBER 2023 TO 31 OCTOBER 2024

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Equipment	-	33% straight line

Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the period amounted to 1 .

5. TANGIBLE ASSETS

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 19 October 2023	–	–	–
Additions	1,465	1,467	2,932
	-------	-------	-------
At 31 October 2024	1,465	1,467	2,932
	-------	-------	-------
Depreciation
At 19 October 2023	–	–	–
Charge for the period	220	489	709
	-------	-------	-------
At 31 October 2024	220	489	709
	-------	-------	-------
Carrying amount
At 31 October 2024	1,245	978	2,223
	-------	-------	-------

6. DEBTORS

	31 Oct 24
	£
Other debtors	423
	----

7. CREDITORS: amounts falling due within one year

	31 Oct 24
	£
Trade creditors	805
Other creditors	32,843
	--------
	33,648
	--------

8. RELATED PARTY TRANSACTIONS

During the year the company undertook the following transactions with related parties: The director has advanced monies to the company. At 31 October 2024 the amount due from the company was £31,343.