Infinity Document Solutions Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08304392

Infinity Document Solutions Limited

Filleted Financial Statements

31 March 2025

Infinity Document Solutions Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Infinity Document Solutions Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	4,078	13,292

Current assets

Stocks		232,121	232,121
Debtors	6	601,432	299,536
Cash at bank and in hand		163,784	135,226
		---------	---------
		997,337	666,883

Creditors: amounts falling due within one year	7	164,741	221,234
		---------	---------
Net current assets		832,596	445,649
		---------	---------
Total assets less current liabilities		836,674	458,941

Provisions

Taxation including deferred tax	( 5,993)	–
	---------	---------
Net assets	842,667	458,941
	---------	---------

Capital and reserves

Called up share capital	110	110
Profit and loss account	842,557	458,831
	---------	---------
Shareholders funds	842,667	458,941
	---------	---------

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 income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 7 October 2025 , and are signed on behalf of the board by:

Mr D J O'Connor

Director

Company registration number: 08304392

Infinity Document Solutions Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 14 Bellingham Way, Aylesford, ME20 7HP, 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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Fixtures and fittings	-	20% straight line
Motor vehicles	-	25% straight line
Equipment	-	20% 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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Stock in field represents inventory that has been delivered to customers on a sale or return basis or goods held at third-party locations, including field-based personnel, but for which legal title remains with the company. Stock in field is included within inventories at the lower of cost and estimated selling price less costs to complete and sell, in accordance with Section 13 of FRS 102 ("Inventories"). Cost is determined on a actual cost basis and includes all direct costs incurred in bringing the goods to their present location and condition. Provision is made for obsolete, slow-moving or defective items based on management’s regular review of inventory. Stock in field is physically verified on a periodic basis and reconciled to the accounting records to ensure accuracy and existence. For reporting purposes, the company recognises stock in field (SIF) for toner cartridges on the basis of a standard assumption of one cartridge per machine deployed. This policy is applied in light of the following considerations: Average usage: Each machine in the field is assumed to contain a toner cartridge that is, on average, 50% consumed. This represents the equivalent of approximately half a cartridge in use per machine at any given time. On-site spares: While certain client sites hold an additional spare cartridge and others hold none, these variations are considered to broadly offset across the fleet as a whole. Practicality and consistency: Monitoring actual toner levels and site-specific spare holdings on a machine-by-machine basis is not operationally feasible. The application of a standard assumption therefore provides a consistent, reasonable and supportable estimate of toner stock held in the field. Accordingly, the company records SIF for toner cartridges at one unit per machine. Management considers this approach to provide a fair and representative estimate of the stock position across the deployed fleet.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 9 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 April 2024	13,829	63,609	30,378	107,816
Disposals	( 6,888)	–	( 18,079)	( 24,967)
	--------	--------	--------	---------
At 31 March 2025	6,941	63,609	12,299	82,849
	--------	--------	--------	---------
Depreciation
At 1 April 2024	13,750	53,452	27,322	94,524
Charge for the year	79	8,125	1,010	9,214
Disposals	( 6,888)	–	( 18,079)	( 24,967)
	--------	--------	--------	---------
At 31 March 2025	6,941	61,577	10,253	78,771
	--------	--------	--------	---------
Carrying amount
At 31 March 2025	–	2,032	2,046	4,078
	--------	--------	--------	---------
At 31 March 2024	79	10,157	3,056	13,292
	--------	--------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	131,564	296,690
Amounts owed by group undertakings and undertakings in which the company has a participating interest	469,868	–
Other debtors	–	2,846
	---------	---------
	601,432	299,536
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	60,431
Corporation tax	128,247	116,427
Social security and other taxes	31,494	39,876
Other creditors	5,000	4,500
	---------	---------
	164,741	221,234
	---------	---------

The company has a fixed and floating charge over its assets from HSBC.

8. Summary audit opinion

The auditor's report dated 7 October 2025 was unqualified .

The senior statutory auditor was Robert Field FCA CTA , for and on behalf of Burgess Hodgson Audit Limited .

9. Related party transactions

At year end, the company owed was £469,868 (2024: n/a) by a group company.

10. Controlling party

The company's ultimate parent company is Managed Technology Corporation Topco Limited a company incorporated in England and Wales. The registered office of said company is Unit 14 New Hythe Business Park, Bellingham Way, Maidstone, Kent, United Kingdom, ME20 7HP .