PRISCA FUSION LIMITED

Company limited by guarantee

Company Registration Number:
12878831 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2022

Period of accounts

Start date: 01 October 2021

End date: 30 September 2022

PRISCA FUSION LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 30 September 2022

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PRISCA FUSION LIMITED

Company limited by guarantee

Company Information

for the Period Ended 30 September 2022




Director: Arshid Bashir
Tahira Bashir
Registered office: Office 9, Dalton House
60 Windsor Avenue
London
GBR
SW19 2RR
Company Registration Number: 12878831 (England and Wales)

PRISCA FUSION LIMITED

Company limited by guarantee

Directors' Report Period Ended 30 September 2022

The directors present their report with the financial statements of the company for the period ended 30 September 2022

Principal Activities

Retail catering services

Political and charitable donations

No political donations were made

Company policy on the employment of disabled persons

The company policy is to employ disabled people wherever practical

Directors

The directors shown below have held office during the whole of the period from 01 October 2021 to 30 September 2022
Arshid Bashir
Tahira Bashir

This report was approved by the board of directors on 29 September 2023
And Signed On Behalf Of The Board By:

Name: Arshid Bashir
Status: Director

PRISCA FUSION LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 30 September 2022


Notes

2022
£
13 months to
30 Sep 2021
£
Turnover 11,900 0
Cost of sales ( 25,765 ) ( 0 )
Gross surplus or (deficit) ( 13,865 ) 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 11,591 ) ( 6,260 )
Operating surplus or (deficit) ( 25,456 ) ( 6,260 )
Surplus or (deficit) before tax ( 25,456 ) ( 6,260 )
Surplus or (deficit) for the period ( 25,456 ) ( 6,260 )

The notes form part of these financial statements

PRISCA FUSION LIMITED

Company limited by guarantee

Balance sheet

As at 30 September 2022


Notes

2022
£
13 months to
30 Sep 2021
£
Fixed assets
Tangible assets: 4 103,300 9,031
Total fixed assets: 103,300 9,031
Current assets
Cash at bank and in hand: 9,010 0
Total current assets: 9,010 0
Creditors: amounts falling due within one year: 5 ( 34,026 ) ( 15,291 )
Net current assets (liabilities): ( 25,016 ) ( 15,291 )
Total assets less current liabilities: 78,284 ( 6,260 )
Creditors: amounts falling due after more than one year: 6 ( 110,000 ) ( 0 )
Total net assets (liabilities): ( 31,716 ) ( 6,260 )

The notes form part of these financial statements

PRISCA FUSION LIMITED

Company limited by guarantee

Balance sheet continued

As at 30 September 2022


Notes

2022
£
13 months to
30 Sep 2021
£
Reserves
Income and expenditure account ( 31,716 ) ( 6,260 )
Members funds ( 31,716 ) ( 6,260 )

For the year ending 30 September 2022 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 September 2023
And Signed On Behalf Of The Board By:

Name: Arshid Bashir
Status: Director

The notes form part of these financial statements

PRISCA FUSION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 30 September 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRISCA FUSION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 30 September 2022

  • 2. Employees


    2022
    13 months to
    30 Sep 2021
    Average number of employees during the period 2 0

PRISCA FUSION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 30 September 2022

  • 3. Off balance sheet disclosure

    No

PRISCA FUSION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 30 September 2022

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 October 2021 9,031 - 9,031
Additions 65,321 28,948 94,269
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 September 2022 74,352 28,948 103,300
Depreciation
At 01 October 2021 0 0 0
Charge for year 0 0 0
On disposals - - -
Other adjustments - - -
At 30 September 2022 0 0 0
Net book value
At 30 September 2022 74,352 28,948 103,300
At 30 September 2021 9,031 0 9,031

New start-up so initial fit-out costs.

PRISCA FUSION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 30 September 2022

5.Creditors: amounts falling due within one year note


2022
£
13 months to
30 Sep 2021
£
Trade creditors 30,098 14,453
Taxation and social security 1,109 0
Other creditors 2,819 838
Total 34,026 15,291

PRISCA FUSION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 30 September 2022

6.Creditors: amounts falling due after more than one year


2022
£
13 months to
30 Sep 2021
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 110,000 0
Total 110,000 0

Business Investment for start-up costs