IGNITE SUSTAINABLE ENERGY LTD

Company Registration Number:
09151652 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

IGNITE SUSTAINABLE ENERGY LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

IGNITE SUSTAINABLE ENERGY LTD

Company Information

for the Period Ended 31 December 2023




Registered office: Office 3, Co-Workz
Minerva Avenue
Chester West Employment Park
Chester
GBR
CH1 4QL
Company Registration Number: 09151652 (England and Wales)

IGNITE SUSTAINABLE ENERGY LTD

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 1,231,124 294,029
Cost of sales ( 504,025 ) ( 135,910 )
Gross Profit or (Loss) 727,099 158,119
Administrative Expenses ( 329,058 ) ( 76,122 )
Operating Profit or (Loss) 398,041 81,997
Interest Payable and Similar Charges ( 10,971 ) -
Profit or (Loss) Before Tax 387,070 81,997
Tax on Profit ( 96,767 ) ( 15,650 )
Profit or (Loss) for Period 290,303 66,347

The notes form part of these financial statements

IGNITE SUSTAINABLE ENERGY LTD

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 117,774
Debtors: 4 52,007 8,137
Cash at bank and in hand: 243,946 10,464
Total current assets: 295,953 136,375
Creditors: amounts falling due within one year: 5 ( 32,938 ) ( 34,106 )
Net current assets (liabilities): 263,015 102,269
Total assets less current liabilities: 263,015 102,269
Creditors: amounts falling due after more than one year: 6 ( 49,378 ) ( 86,123 )
Provision for liabilities: ( 96,768 ) ( 15,579 )
Total net assets (liabilities): 116,869 567

The notes form part of these financial statements

IGNITE SUSTAINABLE ENERGY LTD

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 116,769 467
Shareholders funds: 116,869 567

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 12 September 2024
And Signed On Behalf Of The Board By:

Name: Richard Ramsdale
Status: Director

The notes form part of these financial statements

IGNITE SUSTAINABLE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IGNITE SUSTAINABLE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

IGNITE SUSTAINABLE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

IGNITE SUSTAINABLE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors


2023
£

2022
£
Trade debtors 47,839 8,137
Other debtors 4,168
Total 52,007 8,137

IGNITE SUSTAINABLE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 29,938 21,017
Accruals and deferred income 3,000 4,410
Other creditors 8,679
Total 32,938 34,106

IGNITE SUSTAINABLE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 48,246 61,487
Other creditors 1,132 24,636
Total 49,378 86,123