IRIS Accounts Production v22.1.4.3 03527371 Board of Directors Board of Directors 1.4.21 31.3.22 31.3.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure035273712021-03-31035273712022-03-31035273712021-04-012022-03-31035273712020-03-31035273712020-04-012021-03-31035273712021-03-3103527371ns16:EnglandWales2021-04-012022-03-3103527371ns15:PoundSterling2021-04-012022-03-3103527371ns11:Director12021-04-012022-03-3103527371ns11:Director22021-04-012022-03-3103527371ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3103527371ns11:SmallEntities2021-04-012022-03-3103527371ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3103527371ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3103527371ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3103527371ns11:FullAccounts2021-04-012022-03-310352737112021-04-012022-03-3103527371ns11:Director32021-04-012022-03-3103527371ns11:CompanySecretary12021-04-012022-03-3103527371ns11:RegisteredOffice2021-04-012022-03-3103527371ns6:CurrentFinancialInstruments2022-03-3103527371ns6:CurrentFinancialInstruments2021-03-3103527371ns6:ShareCapital2022-03-3103527371ns6:ShareCapital2021-03-3103527371ns6:SharePremium2022-03-3103527371ns6:SharePremium2021-03-3103527371ns6:CapitalRedemptionReserve2022-03-3103527371ns6:CapitalRedemptionReserve2021-03-3103527371ns6:RetainedEarningsAccumulatedLosses2022-03-3103527371ns6:RetainedEarningsAccumulatedLosses2021-03-3103527371ns6:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3103527371ns6:PatentsTrademarksLicencesConcessionsSimilar2021-04-012022-03-3103527371ns6:FurnitureFittings2021-04-012022-03-3103527371ns6:IntangibleAssetsOtherThanGoodwill2021-03-3103527371ns6:IntangibleAssetsOtherThanGoodwill2022-03-3103527371ns6:IntangibleAssetsOtherThanGoodwill2021-03-3103527371ns6:FurnitureFittings2021-03-3103527371ns6:FurnitureFittings2022-03-3103527371ns6:FurnitureFittings2021-03-3103527371ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3103527371ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-3103527371ns11:Director112021-03-3103527371ns11:Director112020-03-3103527371ns11:Director112021-04-012022-03-3103527371ns11:Director112020-04-012021-03-3103527371ns11:Director112022-03-3103527371ns11:Director112021-03-31035273712ns11:Director22021-03-31035273712ns11:Director22020-03-31035273712ns11:Director22021-04-012022-03-31035273712ns11:Director22020-04-012021-03-31035273712ns11:Director22022-03-31035273712ns11:Director22021-03-31
REGISTERED NUMBER: 03527371 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Fusion Food Limited

Fusion Food Limited (Registered number: 03527371)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fusion Food Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: P D H Green
E L D Sharp
Miss A E Wright





SECRETARY: P D H Green





REGISTERED OFFICE: Chiltern House
45 Station Road
Henley-on-Thames
RG9 1AT





REGISTERED NUMBER: 03527371 (England and Wales)





ACCOUNTANTS: Villars Hayward LLP
Chartered Accountants,
Chartered Tax Advisers and Statutory Auditors
Boston House
Henley-on-Thames
RG9 1DY

Fusion Food Limited (Registered number: 03527371)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 439
- 439

CURRENT ASSETS
Debtors 6 166,516 114,444
Cash at bank and in hand 99,558 75
266,074 114,519
CREDITORS
Amounts falling due within one year 7 198,239 108,524
NET CURRENT ASSETS 67,835 5,995
TOTAL ASSETS LESS CURRENT LIABILITIES 67,835 6,434

CAPITAL AND RESERVES
Called up share capital 325 325
Share premium 4,225 4,225
Capital redemption reserve 725 725
Retained earnings 62,560 1,159
67,835 6,434

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2022 and were signed on its behalf by:




P D H Green - Director



Miss A E Wright - Director


Fusion Food Limited (Registered number: 03527371)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Fusion Food Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2021 - 12 ) .

Fusion Food Limited (Registered number: 03527371)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2021
and 31 March 2022 5,803
AMORTISATION
At 1 April 2021
and 31 March 2022 5,803
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2021
and 31 March 2022 43,486
DEPRECIATION
At 1 April 2021 43,047
Charge for year 439
At 31 March 2022 43,486
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 439

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 58,975 47,076
Other debtors 107,541 67,368
166,516 114,444

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts - 6,058
Trade creditors 18,672 5,774
Taxation and social security 106,250 86,687
Other creditors 73,317 10,005
198,239 108,524

Fusion Food Limited (Registered number: 03527371)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22 31.3.21
£    £   
P D H Green
Balance outstanding at start of year 26,994 21,994
Amounts advanced 22,094 5,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 49,088 26,994

Miss A E Wright
Balance outstanding at start of year 4,367 (633 )
Amounts advanced 17,794 5,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,161 4,367