Ignite Incentives Holdings Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08692471 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

16 September 2013 to 31 March 2014

for

Ignite Incentives Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R H Pettinger

REGISTERED OFFICE:

The Crofting

Bristol Road

Sidcot

North Somerset

BS25 1PW

REGISTERED NUMBER:

08692471 (England and Wales)

ACCOUNTANTS:

Stanley Joseph Limited

Chartered Accountants

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

FIXED ASSETS

Investments

2

120,351

CURRENT ASSETS

Debtors

100

Cash at bank

114,523

114,623

CREDITORS

Amounts falling due within one year

236,815

NET CURRENT LIABILITIES

(122,192

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,841

)

CAPITAL AND RESERVES

Called up share capital

3

301

Profit and loss account

(2,142

)

SHAREHOLDERS' FUNDS

(1,841

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 November 2014 and were signed by:

R H Pettinger - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8

Related Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries

within the group.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

120,351

At 31 March 2014

120,351

NET BOOK VALUE

At 31 March 2014

120,351

The company's investments at the balance sheet date in the share capital of companies include the

following:

Ignite Incentives Limited

Nature of business: publication and sale of promotional gifts.

%

Class of shares:

holding

Ordinary

100.00

31.3.14

£

£

Aggregate capital and reserves

88,076

82,096

Profit for the period

40,980

61,236

Aardvark Promotions Limited

Nature of business: agents in the sale of promotional goods

%

Class of shares:

holding

Ordinary

100.00

31.3.14

£

£

Aggregate capital and reserves

1,384

7,817

Profit for the period

24,567

15,824

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

301

Ordinary

£1

301

301 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.