REGISTERED NUMBER: 03184312 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Ignition Strategic Design Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T Jones

A Lloyd-Smith

REGISTERED OFFICE:

30 Gay Street

Bath

Somerset

BA1 2PA

REGISTERED NUMBER:

03184312 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,413

6,356

CURRENT ASSETS

Debtors

5

59,945

50,788

Cash at bank and in hand

185,487

166,821

245,432

217,609

CREDITORS

Amounts falling due within one year

6

162,201

121,284

NET CURRENT ASSETS

83,231

96,325

TOTAL ASSETS LESS CURRENT LIABILITIES

87,644

102,681

CAPITAL AND RESERVES

Called up share capital

7

100

100

Share premium

2,890

2,890

Capital redemption reserve

(82,970

)

(82,970

)

Retained earnings

167,624

182,661

SHAREHOLDERS' FUNDS

87,644

102,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 5 July 2025 and were signed on its behalf by:

A Lloyd-Smith - Director

1.	STATUTORY INFORMATION

Ignition Strategic Design 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

33% on straight line basis

Fixtures and fittings

-

33% on straight line basis

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

190,149

40,136

230,285

Additions

1,999

-

1,999

At 31 March 2025

192,148

40,136

232,284

DEPRECIATION

At 1 April 2024

183,826

40,103

223,929

Charge for year

3,910

32

3,942

At 31 March 2025

187,736

40,135

227,871

NET BOOK VALUE

At 31 March 2025

4,412

1

4,413

At 31 March 2024

6,323

33

6,356

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

58,824

49,464

Prepayments and accrued income

1,121

1,324

59,945

50,788

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

670

12,823

Company credit card

185

60

Corporation Tax

41,227

27,750

Social security and other taxes

1,817

2,034

VAT

10,413

16,682

Other creditors

241

-

Accruals and deferred income

107,648

61,935

162,201

121,284

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.	RELATED PARTY DISCLOSURES

Genero Limited

During the period, the company was charged management fees of £18,000 (2024 - £18,000) by Genero Limited, a company which owns 56% of Ignition Strategic Design Ltd, and in which A Lloyd-Smith is the sole director and shareholder.

Lanatar Limited

During the period, the company was charged management fees of £18,000 (2024 - £18,000) by Lanatar Limited, a company which owns 39% of Ignition Strategic Design Ltd, and in which T Jones is the sole director and shareholder.