Indigo Talent Limited - Accounts to registrar (filleted) - small 18.2
Indigo Talent Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 |
| FOR |
| INDIGO TALENT LIMITED |
| INDIGO TALENT LIMITED (BY SHARES) (REGISTERED NUMBER: 06418590) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| INDIGO TALENT LIMITED (BY SHARES) |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2021 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: | Cardens Accountants LLP |
| The Old Casino |
| 28 Fourth Avenue |
| Hove |
| East Sussex |
| BN3 2PJ |
| INDIGO TALENT LIMITED (BY SHARES) (REGISTERED NUMBER: 06418590) |
| BALANCE SHEET |
| 31 MARCH 2021 |
| 2021 | 2020 |
| £ | £ | £ | £ |
| FIXED ASSETS |
| CURRENT ASSETS |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| NOTES TO THE FINANCIAL STATEMENTS |
| 1. | AVERAGE NUMBER OF EMPLOYEES |
| The average number of employees during the year was |
| 2. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year, Ms C J Downes increased her loan to the company. As at 31 March 2021, the company owed her £19,752 (2020: £17,015). This balance represented the maximum amount outstanding during the year and the loan is repayable on demand. |
| During the year, Ms D J S Thompson decreased her loan to the company. As at 31 March 2021, the company owed her £3,701 (2020: £22,018). This balance represented the maximum amount outstanding during the year and the loan is repayable on demand. |
| 3. | POST BALANCE SHEET EVENTS |
| After the balance sheet date but prior to the approval of these accounts an outbreak of the COVID-19 virus occurred causing a global pandemic recognised by the World Health Organisation (WHO). |
| The effect of UK Government measures to limit the spread of the virus have been widespread, urging people to remain at home wherever possible, including to work from home if available and to undertake "social distancing" measures. Part of the government action has been to order businesses where people gather socially to close temporarily. |
| During the year the company took advantage of the bounce back loan provided by the government which was offered to provide business a maximum of £50k loan with interest and repayments covered by the government for a year. The company began paying back the loan in May 2021. The interest covered by the government has been estimated and bought into the accounts along with the grant paid by the government to cover the interest. |
| In response to this management of the company have assessed the impact of these measures and have applied to take up the UK Government's unprecedented business aid package. |
| The directors continue to monitor the situation as it rapidly changes and will react to further developments. |
| INDIGO TALENT LIMITED (BY SHARES) (REGISTERED NUMBER: 06418590) |
| BALANCE SHEET - continued |
| 31 MARCH 2021 |
| 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 were approved by the Board of Directors and authorised for issue on |