Infinity Incorporated Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14077280 (England and Wales)

Unaudited Financial Statements for the Period 1 January 2024 to 31 January 2025

for

Infinity Incorporated Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Beahon

P Beahon

S Puddy

REGISTERED OFFICE:

1 Central Street

Manchester

M2 5WR

REGISTERED NUMBER:

14077280 (England and Wales)

ACCOUNTANTS:

DJH Liverpool

3rd Floor Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Tangible assets

4

-

47,341

Investments

5

100

Investment property

6

-

1,781,715

100

1,829,156

CURRENT ASSETS

Debtors

7

289,016

190,041

Investments

8

39,450

-

Cash at bank

244

10,110

328,710

200,151

CREDITORS

Amounts falling due within one year

9

273,407

867,265

NET CURRENT ASSETS/(LIABILITIES)

55,303

(667,114

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

55,403

1,162,042

CREDITORS

Amounts falling due after more than one
year

10

-

326,609

NET ASSETS

55,403

835,433

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

55,303

835,333

55,403

835,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

S Puddy - Director

1.	STATUTORY INFORMATION

Infinity Incorporated Group 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.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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 period was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

49,489

Disposals

(49,489

)

At 31 January 2025

-

DEPRECIATION

At 1 January 2024

2,148

Eliminated on disposal

(2,148

)

At 31 January 2025

-

NET BOOK VALUE

At 31 January 2025

-

At 31 December 2023

47,341

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 January 2025

100

NET BOOK VALUE

At 31 January 2025

100

At 31 December 2023

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

1,786,196

Disposals

(1,786,196

)

At 31 January 2025

-

DEPRECIATION

At 1 January 2024

4,481

Charge for period

1,650

Eliminated on disposal

(6,131

)

At 31 January 2025

-

NET BOOK VALUE

At 31 January 2025

-

At 31 December 2023

1,781,715

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.12.23

£

Trade debtors

-

61,941

Amounts owed by group undertakings

288,766

-

Other debtors

250

128,100

289,016

190,041

8.	CURRENT ASSET INVESTMENTS

31.1.25

31.12.23

£

Shares in group undertakings

39,450

-

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.12.23

£

Bank loans and overdrafts

-

50,820

Amounts owed to group undertakings

56,758

797,643

Taxation and social security

211,967

13,902

Other creditors

4,682

4,900

273,407

867,265

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.25

31.12.23

£

Bank loans

-

326,609

11.	RELATED PARTY DISCLOSURES

Within trade debtors are amounts due of £nil (2023 - £61,941) from Infinity Incorporated Ltd.

Within amounts owed by group undertakings are amounts due of £259,066 (2023 - £nil) from J. Carter Sporting Club Limited, the parent company.

Also within amounts owed by group undertakings are amounts due of £29,700 (2023 - £nil) from Infinity Apparel Ltd, a subsidiary of the company.

Within amounts owed to group undertakings are amounts due of £56,758 (2023 - £797,643) to Infinity Incorporated Ltd, a subsidiary of the company.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J.Carter Sporting Club Ltd.