DRB IGNITE LIMITED


DRB IGNITE LIMITED

Company Registration Number:
07163935 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

DRB IGNITE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

DRB IGNITE LIMITED

Balance sheet

As at 31 March 2020


Notes

2020

2019


£

£
Fixed assets
Intangible assets: 3 52,426 69,908
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 52,426 69,908
Current assets
Stocks: 0 0
Debtors:   177,284 249,664
Cash at bank and in hand: 755 1,636
Investments:   0 0
Total current assets: 178,039 251,300
Creditors: amounts falling due within one year:   (277,779) (297,439)
Net current assets (liabilities): (99,740) (46,139)
Total assets less current liabilities: (47,314) 23,769
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (47,314) 23,769
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (47,414) 23,669
Shareholders funds: (47,314) 23,769

The notes form part of these financial statements

DRB IGNITE LIMITED

Balance sheet statements

For the year ending 31 March 2020 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 December 2020
and signed on behalf of the board by:

Name: David Bagley
Status: Director

The notes form part of these financial statements

DRB IGNITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

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

DRB IGNITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 1 2

DRB IGNITE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Intangible Assets

Total
Cost £
At 01 April 2019 174,791
At 31 March 2020 174,791
Amortisation
At 01 April 2019 104,883
Charge for year 17,482
At 31 March 2020 122,365
Net book value
At 31 March 2020 52,426
At 31 March 2019 69,908