1 January 2022 false No description of principal activity Taxfiler 2023.9 11774206business:PrivateLimitedCompanyLtd2022-01-012022-12-31 117742062021-12-31 117742062022-01-012022-12-31 11774206business:AuditExempt-NoAccountantsReport2022-01-012022-12-31 11774206business:FilletedAccounts2022-01-012022-12-31 117742062022-12-31 11774206business:Director12022-01-012022-12-31 11774206business:RegisteredOffice2022-01-012022-12-31 117742062021-12-31 11774206core:AfterOneYear2022-12-31 11774206core:AfterOneYear2021-12-31 11774206core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11774206core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 11774206core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11774206core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 11774206core:PreviouslyStatedAmount2022-12-31 11774206core:PreviouslyStatedAmount2021-12-31 11774206business:SmallEntities2022-01-012022-12-31 11774206countries:EnglandWales2022-01-012022-12-31 11774206core:LandBuildings2021-12-31 11774206core:MotorVehicles2021-12-31 11774206core:ComputerEquipment2021-12-31 11774206core:LandBuildings2022-12-31 11774206core:MotorVehicles2022-12-31 11774206core:ComputerEquipment2022-12-31 11774206core:LandBuildings2022-01-012022-12-31 11774206core:MotorVehicles2022-01-012022-12-31 11774206core:ComputerEquipment2022-01-012022-12-31 117742062021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11774206 (England and Wales)
Fusion Vibes Ltd Unaudited accounts for the year ended 31 December 2022
Fusion Vibes Ltd Unaudited accounts Contents
Page
- 2 -
Fusion Vibes Ltd Company Information for the year ended 31 December 2022
Director
Ujjawal Bhardwaj
Company Number
11774206 (England and Wales)
Registered Office
897 HONEYPOT LANE STANMORE HA7 1AR ENGLAND
- 3 -
Fusion Vibes Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
161,956 
207,394 
Current assets
Cash at bank and in hand
2,150 
2,840 
Net current assets
2,150 
2,840 
Total assets less current liabilities
164,106 
210,234 
Creditors: amounts falling due after more than one year
(638,811)
(501,413)
Net liabilities
(474,705)
(291,179)
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
(475,005)
(291,479)
Shareholders' funds
(474,705)
(291,179)
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2023 and were signed on its behalf by
Ujjawal Bhardwaj Director Company Registration No. 11774206
- 4 -
Fusion Vibes Ltd Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Fusion Vibes Ltd is a private company, limited by shares, registered in England and Wales, registration number 11774206. The registered office is 897 HONEYPOT LANE, STANMORE, HA7 1AR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Pooled assets are depreciated at 18%
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2022
208,436 
47,241 
10,978 
266,655 
At 31 December 2022
208,436 
47,241 
10,978 
266,655 
Depreciation
At 1 January 2022
47,701 
8,504 
3,056 
59,261 
Charge for the year
35,195 
8,504 
1,739 
45,438 
At 31 December 2022
82,896 
17,008 
4,795 
104,699 
Net book value
At 31 December 2022
125,540 
30,233 
6,183 
161,956 
At 31 December 2021
160,735 
38,737 
7,922 
207,394 
- 5 -
Fusion Vibes Ltd Notes to the Accounts for the year ended 31 December 2022
5
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
46,000 
46,000 
Obligations under finance leases and hire purchase contracts
28,531 
37,891 
Other creditors
55,000 
- 
Loans from directors
417,522 
417,522 
Accruals
91,758 
- 
638,811 
501,413 
6
Average number of employees
During the year the average number of employees was 4 (2021: 4).
- 6 -