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REGISTERED NUMBER: 09635362 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Ignite Associates Ltd

Ignite Associates Ltd (Registered number: 09635362)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Ignite Associates Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: M Cassidy





SECRETARY:





REGISTERED OFFICE: 2nd Floor
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN





REGISTERED NUMBER: 09635362 (England and Wales)





ACCOUNTANTS: Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN

Ignite Associates Ltd (Registered number: 09635362)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,063 1,418

CURRENT ASSETS
Debtors 5 8,658 5,752
Investments 6 400,000 -
Cash at bank 68,425 480,566
477,083 486,318
CREDITORS
Amounts falling due within one year 7 34,735 45,057
NET CURRENT ASSETS 442,348 441,261
TOTAL ASSETS LESS CURRENT
LIABILITIES

443,411

442,679

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 442,411 441,679
SHAREHOLDERS' FUNDS 443,411 442,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 November 2023 and were signed by:





M Cassidy - Director


Ignite Associates Ltd (Registered number: 09635362)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Ignite Associates 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.

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

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 etc - 25% on reducing balance

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 5,945
DEPRECIATION
At 1 July 2022 4,527
Charge for year 355
At 30 June 2023 4,882
NET BOOK VALUE
At 30 June 2023 1,063
At 30 June 2022 1,418

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 4,320 2,460
Other debtors 4,338 3,292
8,658 5,752

Ignite Associates Ltd (Registered number: 09635362)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

6. CURRENT ASSET INVESTMENTS
30.6.23 30.6.22
£    £   
Unlisted investments 400,000 -

The value of the investment at the year end was £399,128.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Taxation and social security 17,339 22,895
Other creditors 17,396 22,162
34,735 45,057

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr M Cassidy and Mrs N Cassidy by virtue of their shareholding.

Ignite Associates Ltd

Report of the Accountants to the Director of
Ignite Associates Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN


1 November 2023