REGISTERED NUMBER: 07982883 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

INFINITE VENTURES (SCOVESTON) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A R Crossman

I R Morgan

K W Yu

M J Garrett

REGISTERED OFFICE:

Albion Capital

1 Benjamin Street

London

EC1M 5QL

REGISTERED NUMBER:

07982883 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor

Medway Bridge House

1-8 Fairmeadow

Maidstone

Kent

ME14 1JP

FIXED ASSETS

Tangible assets

4

504,023

566,936

CURRENT ASSETS

Debtors

5

68,544

159,507

Cash at bank

304,432

299,264

372,976

458,771

CREDITORS

Amounts falling due within one year

6

488,960

775,940

NET CURRENT LIABILITIES

(115,984

)

(317,169

)

TOTAL ASSETS LESS CURRENT LIABILITIES

388,039

249,767

PROVISIONS FOR LIABILITIES

81,915

89,966

NET ASSETS

306,124

159,801

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

306,024

159,701

SHAREHOLDERS' FUNDS

306,124

159,801

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 15 December 2025 and were signed on its behalf by:

K W Yu - Director

1.	STATUTORY INFORMATION

Infinite Ventures (Scoveston) Ltd 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.

Going concern

Accounting standards require the directors to consider the appropriateness of the going concern basis when preparing the financial statements. The directors confirm that they consider that the going concern basis remains appropriate. The directors believe the company has the ongoing support of the parent company, Greenenerco Limited. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Critical accounting judgements and key sources of estimation uncertainty

The company may be required to make estimates and assumptions concerning the future. These estimates and judgements are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The resulting accounting estimates will, by definition, seldom equal the related actual results. The principal area where judgement was exercised was as follows:

Tangible fixed assets: the directors annually assess both the residual value of the assets and the expected useful life of the assets, which is currently judged to be 20 years.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from feed in tariff ("FIT") and export tariff ("ET") under a UK government scheme associated with electricity exported to the grid. It is recognised net of VAT when the electricity is physically exported.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

5% on cost

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to/from related parties.

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

Cost

At 1 April 2024

and 31 March 2025

1,258,258

Depreciation

At 1 April 2024

691,322

Charge for year

62,913

At 31 March 2025

754,235

Net book value

At 31 March 2025

504,023

At 31 March 2024

566,936

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

25,467

VAT

-

3,062

Called up share capital not paid

100

100

Prepayments and accrued income

68,444

130,878

68,544

159,507

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

40,872

41,909

Amounts owed to group undertakings

367,476

637,098

Corporation tax

54,638

70,373

VAT

5,331

-

Accrued expenses

20,643

26,560

488,960

775,940

The company has an informal loan from its immediate parent company secured by a fixed charge over all the company's assets.

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

10,000

10,000

Between one and five years

40,000

40,000

In more than five years

77,500

87,500

127,500

137,500

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.