Abbreviated Company Accounts - DRB IGNITE LIMITED

Abbreviated Company Accounts - DRB IGNITE LIMITED

DRB IGNITE LIMITED - Company Information

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Registered Number 07163935

DRB IGNITE LIMITED

Abbreviated Accounts

31 March 2016

DRB IGNITE LIMITED Registered Number 07163935

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 122,354 139,833
Tangible assets 3 32 461
Investments - -
122,386 140,294
Current assets
Stocks - -
Debtors 264,190 282,699
Investments - -
Cash at bank and in hand 2,615 3,892
266,805 286,591
Prepayments and accrued income - -
Creditors: amounts falling due within one year (329,825) (433,905)
Net current assets (liabilities) (63,020) (147,314)
Total assets less current liabilities 59,366 (7,020)
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income (99,068) (22,030)
Total net assets (liabilities) (39,702) (29,050)
Capital and reserves
Called up share capital 100 100
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (39,802) (29,150)
Shareholders' funds (39,702) (29,050)
  • For the year ending 31 March 2016 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 December 2016

And signed on their behalf by:
David Bagley, Director

DRB IGNITE LIMITED Registered Number 07163935

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 April 2015 174,791
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2016 174,791
Amortisation
At 1 April 2015 34,958
Charge for the year 17,479
On disposals 0
At 31 March 2016 52,437
Net book values
At 31 March 2016 122,354
At 31 March 2015 139,833
3Tangible fixed assets
£
Cost
At 1 April 2015 2,329
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2016 2,329
Depreciation
At 1 April 2015 1,868
Charge for the year 429
On disposals -
At 31 March 2016 2,297
Net book values
At 31 March 2016 32
At 31 March 2015 461