REGISTERED NUMBER: 06141833 (England and Wales)

Infotheek Ltd

Financial Statements

for the year ended

31 December 2024

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

4

FIXED ASSETS

Tangible assets

4

-

10

CURRENT ASSETS

Debtors

5

3,283,237

3,078,288

Cash at bank

10,465

10,706

3,293,702

3,088,994

CREDITORS

Amounts falling due within one year

6

(122,263

)

(115,763

)

NET CURRENT ASSETS

3,171,439

2,973,231

TOTAL ASSETS LESS CURRENT LIABILITIES

3,171,439

2,973,241

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,171,339

2,973,141

3,171,439

2,973,241

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 20 July 2026 and were signed on its behalf by:

Mrs M H Abelman - Director

1.	STATUTORY INFORMATION

Infotheek Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06141833

Registered office:

Studio L1b Witan Studios

Witan Gate

Central Milton Keynes

Buckinghamshire

MK9 1EF

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.

Turnover from the sale of goods is recognised at the point of sale when the significant risks and rewards of ownership of the goods are transferred to the buyer.

Turnover from commission is recognised when all obligations under the contract have been fulfilled.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Taxation

Taxation for the year 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 year 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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

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 year was 6 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2024

14,823

Disposals

(14,823

)

At 31 December 2024

-

DEPRECIATION

At 1 January 2024

14,813

Eliminated on disposal

(14,813

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

10

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

3,270,842

3,063,169

Other debtors

12,395

15,119

3,283,237

3,078,288

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

562

1,153

Taxation and social security

99,544

101,177

Other creditors

22,157

13,433

122,263

115,763

7.	LEASING AGREEMENTS

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

2024

2023

£

£

Within one year

15,000

36,000

Between one and five years

-

15,000

15,000

51,000

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ian Rodd BSc FCA FCCA (Senior Statutory Auditor)

for and on behalf of TC Group

9.	POST BALANCE SHEET EVENTS

After the year end the company signed a lease extension for a period of 3 years to May 2028. The total rent payable under this lease is £125,280.

10.	ULTIMATE CONTROLLING PARTY

The parent company is Flexit Holding B.V, a company registered in Netherlands. The ultimate controlling party is Rotla B.V, a company also registered in Netherlands. The address of the parent company and the ultimate controlling party is Zaalbergweg 9, 2314 Xz, Leiden, Netherlands.