Micro-entity Accounts - IGNITE MUSIC LTD

Micro-entity Accounts - IGNITE MUSIC LTD


Registered Number 14101542

IGNITE MUSIC LTD

Micro-entity Accounts

31 May 2023

IGNITE MUSIC LTD Registered Number 14101542

Micro-entity Balance Sheet as at 31 May 2023

Notes 2023
£
Fixed Assets
2,797
Current Assets
1,838
Prepayments and accrued income
36,000
Creditors: amounts falling due within one year
(15,216)
Net current assets (liabilities)
22,622
Total assets less current liabilities
25,419
Creditors: amounts falling due after more than one year
(1,235)
Provisions for liabilities
0
Accruals and deferred income
0
Total net assets (liabilities)
24,184
Reserves
24,184
  • For the year ending 31 May 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 February 2024

And signed on their behalf by:
Clio Burroughs, Director

Footnotes:
  • Advances and credits
    Prepayments and accrued income shows donations of 36,000 towards the company tour to be paid by 12th July 2023

IGNITE MUSIC LTD Registered Number 14101542

Notes to the Micro-entity Accounts for the period ended 31 May 2023

1Employees
2023
Average number of employees during the period 1
2Off balance sheet arrangements
The date of this balance sheet (31 May 2023) denotes the end of the rehearsal period for the company's first tour and no income has yet been generated for performances.