Company Registration No. 13925192 (England and Wales)
INFY ASSETS LIMITED
Unaudited accounts
for the year ended 28 February 2025
INFY ASSETS LIMITED
Unaudited accounts
Contents
INFY ASSETS LIMITED
Company Information
for the year ended 28 February 2025
Company Number
13925192 (England and Wales)
Registered Office
16 MEDWAY ROAD
CRAYFORD
DARTFORD
DA1 4PN
ENGLAND
Accountants
Orb7 Limited
53 Peartree Drive,Farnworth,Bolton,Lanca
Manchester
Bolton
Lancashire
BL4 9RR
INFY ASSETS LIMITED
Statement of financial position
as at 28 February 2025
Tangible assets
787,566
789,933
Cash at bank and in hand
34,159
45,507
Creditors: amounts falling due within one year
(803,063)
(806,512)
Net current liabilities
(766,848)
(761,004)
Called up share capital
1
1
Profit and loss account
20,717
28,928
Shareholders' funds
20,718
28,929
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2025 and were signed on its behalf by
Rajitha RAM
Director
Company Registration No. 13925192
INFY ASSETS LIMITED
Notes to the Accounts
for the year ended 28 February 2025
INFY ASSETS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13925192. The registered office is 16 MEDWAY ROAD, CRAYFORD, DARTFORD, DA1 4PN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% diminishing balance method.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
INFY ASSETS LIMITED
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2024
766,260
29,225
795,485
At 28 February 2025
766,260
29,225
795,485
At 1 March 2024
-
5,552
5,552
Charge for the year
-
2,367
2,367
At 28 February 2025
-
7,919
7,919
At 28 February 2025
766,260
21,306
787,566
At 29 February 2024
766,260
23,673
789,933
Amounts falling due within one year
Accrued income and prepayments
2,055
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
1,096
Other creditors
800,595
804,946
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).