REGISTERED NUMBER: 07448484 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

IGNITE CO-OPERATIVE MEDIA LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Holdsworth

M Coombes

Mrs E Holdsworth

Mrs R Coombes

REGISTERED OFFICE:

Union House

111 New Union Street

Coventry

CV1 2NT

REGISTERED NUMBER:

07448484 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

CURRENT ASSETS

Debtors

4

13,489

33,562

Cash at bank

5,657

11,046

19,146

44,608

CREDITORS

Amounts falling due within one year

5

19,026

44,412

NET CURRENT ASSETS

120

196

TOTAL ASSETS LESS CURRENT LIABILITIES

120

196

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

118

194

SHAREHOLDERS' FUNDS

120

196

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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.

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 29 October 2025 and were signed on its behalf by:

S Holdsworth - Director

M Coombes - Director

1.	STATUTORY INFORMATION

Ignite Co-Operative Media 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.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

13,250

Other debtors

13,489

20,312

13,489

33,562

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

18,396

43,813

Other creditors

630

599

19,026

44,412

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

S Holdsworth

Balance outstanding at start of year

4,531

-

Amounts advanced

-

4,531

Amounts repaid

(3,827

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

704

4,531

M Coombes

Balance outstanding at start of year

6,605

-

Amounts advanced

-

6,605

Amounts repaid

(2,997

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,608

6,605

7.	RELATED PARTY DISCLOSURES

Other debtors include loans made to Ignite Creative Limited (another company under the control of the directors) totalling £5,418 (£5,418 as at 30th September 2024) These loans are interest free with no fixed date for repayment.

During the period the Company has received £135,450 from Ignite Creative Limited (£193,250 in the year to 30th September 2024). £NIL was outstanding as at 30th September 2025 (£13,250 as at 30th September 2024).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S Holdsworth & Mr M Coombes.