Abbreviated Company Accounts

06830265 IGNIYTE LTD 2016-03-31 false 2015-04-01 2016-03-31 true 06830265 2015-04-01 2016-03-31 06830265 2016-03-31 06830265 2015-03-31 06830265 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06830265 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06830265

IGNIYTE LTD

Abbreviated Accounts

31 March 2016

IGNIYTE LTD Registered Number 06830265

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	481	3,711
		481	3,711
Current assets
Stocks		11,382	11,382
Debtors		101,326	114,628
Cash at bank and in hand		15,915	2,990
		128,623	129,000
Prepayments and accrued income		46,000	39,570
Creditors: amounts falling due within one year		(172,057)	(171,498)
Net current assets (liabilities)		2,566	(2,928)
Total assets less current liabilities		3,047	783
Accruals and deferred income		(2,575)	(300)
Total net assets (liabilities)		472	483
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		471	482
Shareholders' funds		472	483

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 14 December 2016

And signed on their behalf by:
S Wadsworth, Director

IGNIYTE LTD Registered Number 06830265

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 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities. The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

Tangible assets depreciation policy
Plant and machinery - 33% and 25% straight line
Fixtures, fittings and equipment - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	38,846
Additions	830
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	39,676
Depreciation
At 1 April 2015	35,135
Charge for the year	4,060
On disposals	-
At 31 March 2016	39,195
Net book values
At 31 March 2016	481
At 31 March 2015	3,711

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1