FASHION FUSION CIC

Company limited by guarantee

Company Registration Number:
14394719 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 3 October 2022

End date: 31 October 2023

FASHION FUSION CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FASHION FUSION CIC

Profit And Loss Account

for the Period Ended 31 October 2023

13 months to 31 October 2023


£
Turnover: 5,348
Cost of sales: ( 3,042 )
Gross profit(or loss): 2,306
Administrative expenses: ( 2,183 )
Operating profit(or loss): 123
Profit(or loss) before tax: 123
Profit(or loss) for the financial year: 123

FASHION FUSION CIC

Balance sheet

As at 31 October 2023

Notes 13 months to 31 October 2023


£
Fixed assets
Tangible assets: 3 2,785
Total fixed assets: 2,785
Current assets
Cash at bank and in hand: 123
Total current assets: 123
Net current assets (liabilities): 123
Total assets less current liabilities: 2,908
Accruals and deferred income: ( 123 )
Total net assets (liabilities): 2,785
Members' funds
Profit and loss account: 2,785
Total members' funds: 2,785

The notes form part of these financial statements

FASHION FUSION CIC

Balance sheet statements

For the year ending 31 October 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 11 March 2024
and signed on behalf of the board by:

Name: Estelle Pearce
Status: Director

The notes form part of these financial statements

FASHION FUSION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 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

FASHION FUSION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    13 months to 31 October 2023
    Average number of employees during the period 0

FASHION FUSION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 2,785 2,785
Disposals
Revaluations
Transfers
At 31 October 2023 2,785 2,785
Depreciation
Charge for year 0 0
On disposals
Other adjustments
At 31 October 2023 0 0
Net book value
At 31 October 2023 2,785 2,785

COMMUNITY INTEREST ANNUAL REPORT

FASHION FUSION CIC

Company Number: 14394719 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Fashion Fusion's activities have benefitted the community by providing accessible and inclusive fashion workshops that empower individuals, foster creativity, and promote sustainable practices.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Estelle Pearce received remuneration for planning, marketing, advertising, and running community workshops for the period previously submitted,Oct 22 - 2nd Oct 23 in respect of qualifying services was £2,000.For the period 3rd Oct 23 - 31st Oct 23 there were no payments made to Estelle Pearce.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 March 2024

And signed on behalf of the board by:
Name: Estelle Pearce
Status: Director