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REGISTERED NUMBER: 05477114 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Cold Fusion Limited

Cold Fusion Limited (Registered number: 05477114)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cold Fusion Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: S J Jackson
G D Jackson





REGISTERED OFFICE: 23 Woodbury Rise
Malvern
Worcestershire
WR14 1QZ





REGISTERED NUMBER: 05477114 (England and Wales)





ACCOUNTANTS: EWP Limited
20 Anchor Terrace
3-13 Southwark Bridge Road
London
SE1 9HQ

Cold Fusion Limited (Registered number: 05477114)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,200 -
Tangible assets 5 - -
Investments 6 3,853 3,853
5,053 3,853

CURRENT ASSETS
Debtors 7 31,867 15,226
Cash at bank and in hand 15,874 34,026
47,741 49,252
CREDITORS
Amounts falling due within one year 8 20,855 3,448
NET CURRENT ASSETS 26,886 45,804
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,939

49,657

CREDITORS
Amounts falling due after more than one year 9 31,515 41,233
NET ASSETS 424 8,424

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 422 8,422
SHAREHOLDERS' FUNDS 424 8,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

Cold Fusion Limited (Registered number: 05477114)

Balance Sheet - continued
30 June 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by:





S J Jackson - Director


Cold Fusion Limited (Registered number: 05477114)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Cold Fusion 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 represents net invoiced sales of holidays with a departure date in the year, excluding value added tax.

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.

Website Development costs are being amortised evenly over their estimated useful life of four 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 - Straight line over 4 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Cold Fusion Limited (Registered number: 05477114)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2022 7,500
Additions 1,200
At 30 June 2023 8,700
AMORTISATION
At 1 July 2022
and 30 June 2023 7,500
NET BOOK VALUE
At 30 June 2023 1,200
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 5,627 5,855 11,482
DEPRECIATION
At 1 July 2022
and 30 June 2023 5,627 5,855 11,482
NET BOOK VALUE
At 30 June 2023 - - -
At 30 June 2022 - - -

Cold Fusion Limited (Registered number: 05477114)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


6. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 July 2022
and 30 June 2023 3,853
NET BOOK VALUE
At 30 June 2023 3,853
At 30 June 2022 3,853

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Amounts owed by group undertakings 22,560 14,819
Other debtors 9,307 407
31,867 15,226

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors (1 ) (2 )
Other creditors 20,856 3,450
20,855 3,448

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 31,515 41,233

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs S J Jackson.