31 December 2021 false No description of principal activity Taxfiler 2023.9 05887007business:PrivateLimitedCompanyLtd2021-12-312022-12-30 058870072021-12-30 058870072021-12-312022-12-30 05887007business:AuditExempt-NoAccountantsReport2021-12-312022-12-30 05887007business:FilletedAccounts2021-12-312022-12-30 058870072022-12-30 05887007business:Director12021-12-312022-12-30 05887007business:Director22021-12-312022-12-30 05887007business:RegisteredOffice2021-12-312022-12-30 058870072021-12-30 05887007core:WithinOneYear2022-12-30 05887007core:WithinOneYear2021-12-30 05887007core:ShareCapitalcore:PreviouslyStatedAmount2022-12-30 05887007core:ShareCapitalcore:PreviouslyStatedAmount2021-12-30 05887007core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-30 05887007core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-30 05887007core:PreviouslyStatedAmount2022-12-30 05887007core:PreviouslyStatedAmount2021-12-30 05887007business:SmallEntities2021-12-312022-12-30 05887007countries:EnglandWales2021-12-312022-12-30 05887007core:IntangibleAssetsOtherThanGoodwill2021-12-30 05887007core:IntangibleAssetsOtherThanGoodwill2022-12-30 05887007core:IntangibleAssetsOtherThanGoodwill2021-12-312022-12-30 05887007core:PlantMachinery2021-12-30 05887007core:PlantMachinery2021-12-312022-12-30 05887007core:PlantMachinery2022-12-30 058870072020-12-312021-12-30 iso4217:GBP xbrli:pure
Company Registration No. 05887007 (England and Wales)
Fuzion Systems Ltd Unaudited accounts for the year ended 30 December 2022
Fuzion Systems Ltd Unaudited accounts Contents
Page
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Fuzion Systems Ltd Company Information for the year ended 30 December 2022
Directors
BARBER, Justin Peter GUNN, Jamie Mark
Company Number
05887007 (England and Wales)
Registered Office
UNIT 16 BROOKE INDUSTRIAL PARK NORWICH ROAD BROOKE NORWICH NORFOLK NR15 1HJ
Accountants
Back to Black Bookkeeping Ltd. 16 Rose Avenue Queens Hills Norwich Norfolk NR8 5EX
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Fuzion Systems Ltd Statement of financial position as at 30 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,476 
7,658 
Tangible assets
8,703 
18,588 
14,179 
26,246 
Current assets
Inventories
(22,021)
35,971 
Debtors
(63,544)
20,853 
Cash at bank and in hand
88,358 
157,403 
2,793 
214,227 
Creditors: amounts falling due within one year
(230,508)
(258,234)
Net current liabilities
(227,715)
(44,007)
Net liabilities
(213,536)
(17,761)
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
(213,836)
(18,061)
Shareholders' funds
(213,536)
(17,761)
For the year ending 30 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 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 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 of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by
BARBER, Justin Peter Director Company Registration No. 05887007
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Fuzion Systems Ltd Notes to the Accounts for the year ended 30 December 2022
1
Statutory information
Fuzion Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 05887007. The registered office is UNIT 16 BROOKE INDUSTRIAL PARK, NORWICH ROAD BROOKE, NORWICH, NORFOLK, NR15 1HJ.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 31 December 2021
43,659 
At 30 December 2022
43,659 
Amortisation
At 31 December 2021
36,001 
Charge for the year
2,182 
At 30 December 2022
38,183 
Net book value
At 30 December 2022
5,476 
At 30 December 2021
7,658 
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Fuzion Systems Ltd Notes to the Accounts for the year ended 30 December 2022
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 31 December 2021
55,317 
Additions
5,112 
At 30 December 2022
60,429 
Depreciation
At 31 December 2021
36,729 
Charge for the year
14,997 
At 30 December 2022
51,726 
Net book value
At 30 December 2022
8,703 
At 30 December 2021
18,588 
6
Inventories
2022 
2021 
£ 
£ 
Raw materials
(22,021)
35,971 
(22,021)
35,971 
7
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
(67,342)
17,190 
Amounts due from group undertakings etc.
250 
250 
Deferred tax asset
3,413 
3,413 
Accrued income and prepayments
135 
- 
(63,544)
20,853 
8
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
11,735 
21,067 
Trade creditors
174,044 
187,702 
Taxes and social security
(8,347)
(10,631)
Other creditors
17,112 
17,096 
Loans from directors
35,763 
37,171 
Accruals
201 
5,829 
230,508 
258,234 
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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