Company Registration No. 05185835 (England and Wales)
Infovault Limited
Unaudited accounts
for the year ended 31 July 2023
Infovault Limited
Unaudited accounts
Contents
Infovault Limited
Company Information
for the year ended 31 July 2023
Company Number
05185835 (England and Wales)
Registered Office
10 ELTHAM AVENUE
SLOUGH
BERKSHIRE
SL1 5TH
Infovault Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
580
-
Creditors: amounts falling due within one year
(145,176)
(94,323)
Net current liabilities
(144,596)
(94,323)
Net liabilities
(144,483)
(94,154)
Called up share capital
1
1
Profit and loss account
(144,484)
(94,155)
Shareholders' funds
(144,483)
(94,154)
For the year ending 31 July 2023 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 his 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 13 March 2024 and were signed on its behalf by
Dr S Sumon
Director
Company Registration No. 05185835
Infovault Limited
Notes to the Accounts
for the year ended 31 July 2023
Infovault Limited is a private company, limited by shares, registered in England and Wales, registration number 05185835. The registered office is 10 ELTHAM AVENUE, SLOUGH, BERKSHIRE, SL1 5TH.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33 % reducing balance
These Accounts have been prepared on a going concern basis as the director has given an assurance that the company will be supported as needed by director's loans.
4
Tangible fixed assets
Computer equipment
Infovault Limited
Notes to the Accounts
for the year ended 31 July 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
592
Other creditors
1,200
1,200
Loans from directors
143,976
92,531
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
