FUSK LIMITED

Company Registration Number:
11502238 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

FUSK LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FUSK LIMITED

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 6,621,787 4,638,403
Cost of sales: ( 4,002,154 ) ( 3,128,473 )
Gross profit(or loss): 2,619,633 1,509,930
Distribution costs: ( 222,154 ) ( 136,387 )
Administrative expenses: ( 364,875 ) ( 287,342 )
Operating profit(or loss): 2,032,604 1,086,201
Profit(or loss) before tax: 2,032,604 1,086,201
Tax: ( 367,194 ) ( 162,822 )
Profit(or loss) for the financial year: 1,665,410 923,379

FUSK LIMITED

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,254,887 559,679
Total fixed assets: 1,254,887 559,679
Current assets
Stocks: 4 1,556,687 583,741
Debtors: 5 1,082,927 895,473
Cash at bank and in hand: 415,588 398,459
Total current assets: 3,055,202 1,877,673
Creditors: amounts falling due within one year: 6 ( 532,115 ) ( 324,788 )
Net current assets (liabilities): 2,523,087 1,552,885
Total assets less current liabilities: 3,777,974 2,112,564
Total net assets (liabilities): 3,777,974 2,112,564
Capital and reserves
Called up share capital: 225,000 225,000
Profit and loss account: 3,552,974 1,887,564
Total Shareholders' funds: 3,777,974 2,112,564

The notes form part of these financial statements

FUSK LIMITED

Balance sheet statements

For the year ending 31 August 2023 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 1 March 2024
and signed on behalf of the board by:

Name: Fazalullah Khan
Status: Director

The notes form part of these financial statements

FUSK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

FUSK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 10 9

FUSK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 298,790 42,942 52,857 57,170 220,655 672,414
Additions 526,665 36,525 49,885 69,944 141,963 824,982
Disposals
Revaluations
Transfers
At 31 August 2023 825,455 79,467 102,742 127,114 362,618 1,497,396
Depreciation
At 1 September 2022 6,997 7,771 28,688 69,279 112,735
Charge for year 15,893 20,548 26,878 66,455 129,774
On disposals
Other adjustments
At 31 August 2023 22,890 28,319 55,566 135,734 242,509
Net book value
At 31 August 2023 825,455 56,577 74,423 71,548 226,884 1,254,887
At 31 August 2022 298,790 35,945 45,086 28,482 151,376 559,679

FUSK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 1,556,687 583,741
Total 1,556,687 583,741

FUSK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,082,927 895,473
Total 1,082,927 895,473

FUSK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 164,921 161,966
Taxation and social security 367,194 162,822
Total 532,115 324,788