REGISTERED NUMBER: 07926433 (England and Wales)

IGNITE HEATING (KENT) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr G J Pain

REGISTERED OFFICE:

King Arthurs Court

Maidstone Road

Charing

Ashford

Kent

TN27 0JS

REGISTERED NUMBER:

07926433 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Tangible assets

4

9,956

1,747

CURRENT ASSETS

Debtors

5

29,920

38,796

Cash at bank and in hand

6,315

848

36,235

39,644

CREDITORS

Amounts falling due within one year

6

(60,479

)

(50,446

)

NET CURRENT LIABILITIES

(24,244

)

(10,802

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,288

)

(9,055

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(14,388

)

(9,155

)

(14,288

)

(9,055

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 January 2025 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 28 October 2025 and were signed by:

Mr G J Pain - Director

1.	STATUTORY INFORMATION

Ignite Heating (Kent) 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.

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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 31 January 2024

7,733

1,201

8,934

Additions

11,488

-

11,488

At 30 January 2025

19,221

1,201

20,422

DEPRECIATION

At 31 January 2024

6,289

898

7,187

Charge for year

3,233

46

3,279

At 30 January 2025

9,522

944

10,466

NET BOOK VALUE

At 30 January 2025

9,699

257

9,956

At 30 January 2024

1,444

303

1,747

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,328

35,870

Tax

3,592

2,926

29,920

38,796

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,579

11,492

Other loans

12,000

-

Social security and other taxes

19,138

17,084

VAT

21,202

18,113

Directors' current accounts

31

1,481

Accrued expenses

2,529

2,276

60,479

50,446

7.	GOING CONCERN

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecast operational results, and the solvency of the company. Given that the company is in a net deficit position the directors have given assurance to continue to provide adequate funds to meet its obligations and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis