IRIS Accounts Production v24.2.0.383 04992437 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049924372023-03-31049924372024-03-31049924372023-04-012024-03-31049924372022-03-31049924372022-04-012023-03-31049924372023-03-3104992437ns15:EnglandWales2023-04-012024-03-3104992437ns14:PoundSterling2023-04-012024-03-3104992437ns10:Director12023-04-012024-03-3104992437ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104992437ns10:SmallEntities2023-04-012024-03-3104992437ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104992437ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104992437ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104992437ns10:FullAccounts2023-04-012024-03-3104992437ns10:OrdinaryShareClass12023-04-012024-03-3104992437ns10:Director22023-04-012024-03-3104992437ns10:Director32023-04-012024-03-3104992437ns10:RegisteredOffice2023-04-012024-03-3104992437ns5:CurrentFinancialInstruments2024-03-3104992437ns5:CurrentFinancialInstruments2023-03-3104992437ns5:ShareCapital2024-03-3104992437ns5:ShareCapital2023-03-3104992437ns5:RetainedEarningsAccumulatedLosses2024-03-3104992437ns5:RetainedEarningsAccumulatedLosses2023-03-3104992437ns5:FurnitureFittings2023-04-012024-03-3104992437ns5:ComputerEquipment2023-04-012024-03-3104992437ns5:FurnitureFittings2023-03-3104992437ns5:ComputerEquipment2023-03-3104992437ns5:FurnitureFittings2024-03-3104992437ns5:ComputerEquipment2024-03-3104992437ns5:FurnitureFittings2023-03-3104992437ns5:ComputerEquipment2023-03-3104992437ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104992437ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104992437ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 04992437 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

INDIGO PROMOTIONS LIMITED

INDIGO PROMOTIONS LIMITED (REGISTERED NUMBER: 04992437)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INDIGO PROMOTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: S P Johnson
Mrs S M Johnson
E Johnson-Hicks





REGISTERED OFFICE: Unit 6 The Business Centre
Barlow Drive
Winsford
Cheshire
CW7 2GN





REGISTERED NUMBER: 04992437 (England and Wales)





ACCOUNTANTS: Murray Smith LLP
Chartered Accountants
Darland House
44 Winnington Hill
Northwich
Cheshire
CW8 1AU

INDIGO PROMOTIONS LIMITED (REGISTERED NUMBER: 04992437)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,945 3,760

CURRENT ASSETS
Debtors 5 85,351 108,217
Cash at bank and in hand 1,524 69,263
86,875 177,480
CREDITORS
Amounts falling due within one year 6 114,250 135,465
NET CURRENT (LIABILITIES)/ASSETS (27,375 ) 42,015
TOTAL ASSETS LESS CURRENT
LIABILITIES

(24,430

)

45,775

CAPITAL AND RESERVES
Called up share capital 7 4 4
Retained earnings (24,434 ) 45,771
SHAREHOLDERS' FUNDS (24,430 ) 45,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

INDIGO PROMOTIONS LIMITED (REGISTERED NUMBER: 04992437)

BALANCE SHEET - continued
31 MARCH 2024


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 9 September 2024 and were signed on its behalf by:





S P Johnson - Director


INDIGO PROMOTIONS LIMITED (REGISTERED NUMBER: 04992437)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Indigo Promotions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - 25% on cost
Computer equipment - 33% 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.

INDIGO PROMOTIONS LIMITED (REGISTERED NUMBER: 04992437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of the business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on the present value basis.

Employee benefits
(a) Wages and salaries and annual leave
Liabilities for wages and salaries and annual leave are recognised and are measured as the amount unpaid at the reporting date at current pay rates in respect of employees' services up to that date. They are expected to be settled within one year.

(b) Pensions
The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and the post-retirement benefits is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

INDIGO PROMOTIONS LIMITED (REGISTERED NUMBER: 04992437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 4,605 24,670 29,275
Additions 275 2,267 2,542
At 31 March 2024 4,880 26,937 31,817
DEPRECIATION
At 1 April 2023 3,212 22,303 25,515
Charge for year 973 2,384 3,357
At 31 March 2024 4,185 24,687 28,872
NET BOOK VALUE
At 31 March 2024 695 2,250 2,945
At 31 March 2023 1,393 2,367 3,760

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 82,657 103,805
Directors' current accounts - 4,412
Corporation tax 2,694 -
85,351 108,217

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,425 -
Trade creditors 90,340 94,384
Corporation tax - 13,119
Social security and other taxes 16,203 25,537
Other creditors 411 323
Accrued expenses 3,871 2,102
114,250 135,465

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £1 4 4

INDIGO PROMOTIONS LIMITED (REGISTERED NUMBER: 04992437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CONTROL

The company's parent entity is Logovision Limited which is controlled by the director, S P Johnson.