1 August 2024 false Taxfiler 2024.6 15038465 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 15038465 2024-07-31 15038465 2024-08-01 2025-07-31 15038465 business:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 15038465 business:FilletedAccounts 2024-08-01 2025-07-31 15038465 2025-07-31 15038465 business:Director1 2024-08-01 2025-07-31 15038465 business:Director2 2024-08-01 2025-07-31 15038465 business:RegisteredOffice 2024-08-01 2025-07-31 15038465 2024-07-31 15038465 core:WithinOneYear 2025-07-31 15038465 core:WithinOneYear 2024-07-31 15038465 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 15038465 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 15038465 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 15038465 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 15038465 core:PreviouslyStatedAmount 2025-07-31 15038465 core:PreviouslyStatedAmount 2024-07-31 15038465 business:SmallEntities 2024-08-01 2025-07-31 15038465 countries:EnglandWales 2024-08-01 2025-07-31 15038465 core:FurnitureFittings 2024-08-01 2025-07-31 15038465 core:FurnitureFittings 2024-07-31 15038465 core:FurnitureFittings 2025-07-31 15038465 2023-07-31 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 15038465 (England and Wales)
Ignite Capital Solutions Ltd Unaudited accounts for the year ended 31 July 2025
Ignite Capital Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Ignite Capital Solutions Ltd Company Information for the year ended 31 July 2025
Directors
Sarika Bharti Ajay Prakash
Company Number
15038465 (England and Wales)
Registered Office
14 Buckle Place Radley Abingdon OX14 3HB England
Accountants
Tax Ninja Limited 32 Lucerne Avenue Bicester Oxfordshire OX26 3EL
- 3 -
Ignite Capital Solutions Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
132
-
Investment property
5
198,000
198,000
198,132
198,000
Current assets
Debtors
6
-
14,100
Cash at bank and in hand
11,596
1,852
11,596
15,952
Creditors: amounts falling due within one year
7
(207,751)
(209,936)
Net current liabilities
(196,155)
(193,984)
Net assets
1,977
4,016
Capital and reserves
Called up share capital
99
99
Profit and loss account
1,878
3,917
Shareholders' funds
1,977
4,016
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2026 and were signed on its behalf by
Ajay Prakash Director Company Registration No. 15038465
- 4 -
Ignite Capital Solutions Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Ignite Capital Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 15038465. The registered office is 14 Buckle Place, Radley, Abingdon, OX14 3HB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33%
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 August 2024
-
Additions
158
At 31 July 2025
158
Depreciation
Charge for the year
26
At 31 July 2025
26
Net book value
At 31 July 2025
132
5
Investment property
2025
£
Fair value at 1 August 2024
198,000
At 31 July 2025
198,000
- 5 -
Ignite Capital Solutions Ltd Notes to the Accounts for the year ended 31 July 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
14,100
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
2,342
Other creditors
205,152
205,153
Loans from directors
2,599
2,441
207,751
209,936
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -