IRIS Accounts Production v24.1.0.578 10048854 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh100488542023-03-31100488542024-03-31100488542023-04-012024-03-31100488542022-03-31100488542022-04-012023-03-31100488542023-03-3110048854ns15:EnglandWales2023-04-012024-03-3110048854ns14:PoundSterling2023-04-012024-03-3110048854ns10:Director12023-04-012024-03-3110048854ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110048854ns10:SmallEntities2023-04-012024-03-3110048854ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110048854ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110048854ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110048854ns10:AbridgedAccounts2023-04-012024-03-3110048854ns10:OrdinaryShareClass12023-04-012024-03-3110048854ns10:RegisteredOffice2023-04-012024-03-3110048854ns5:CurrentFinancialInstruments2024-03-3110048854ns5:CurrentFinancialInstruments2023-03-3110048854ns5:ShareCapital2024-03-3110048854ns5:ShareCapital2023-03-3110048854ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3110048854ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3110048854ns5:RetainedEarningsAccumulatedLosses2024-03-3110048854ns5:RetainedEarningsAccumulatedLosses2023-03-3110048854ns5:FurnitureFittings2023-04-012024-03-3110048854ns5:ComputerEquipment2023-04-012024-03-3110048854ns10:OrdinaryShareClass12024-03-31100488541ns10:Director12023-03-31100488541ns10:Director12022-03-31100488541ns10:Director12023-04-012024-03-31100488541ns10:Director12022-04-012023-03-31100488541ns10:Director12024-03-31100488541ns10:Director12023-03-31
REGISTERED NUMBER: 10048854 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024

FOR

SN FUSION LIMITED

SN FUSION LIMITED (REGISTERED NUMBER: 10048854)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SN FUSION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr S Navalkissoor





REGISTERED OFFICE: 5 Haverthwaite View
Broughton
Milton Keynes
MK10 7BT





REGISTERED NUMBER: 10048854 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

SN FUSION LIMITED (REGISTERED NUMBER: 10048854)

ABRIDGED BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,904 333
Investments 6 85,829 -
87,733 333

CURRENT ASSETS
Cash at bank 141,219 173,141

CREDITORS
Amounts falling due within one year 13,292 14,094
NET CURRENT ASSETS 127,927 159,047
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,660

159,380

PROVISIONS FOR LIABILITIES 2,642 -
NET ASSETS 213,018 159,380

CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair value reserve 7,927 -
Retained earnings 204,991 159,280
SHAREHOLDERS' FUNDS 213,018 159,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SN FUSION LIMITED (REGISTERED NUMBER: 10048854)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2024 and were signed by:





Mr S Navalkissoor - Director


SN FUSION LIMITED (REGISTERED NUMBER: 10048854)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Sn 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost
Computer equipment - 33% on cost

Invesment
Investment is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

SN FUSION LIMITED (REGISTERED NUMBER: 10048854)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 2,831
Additions 2,608
Disposals (779 )
At 31 March 2024 4,660
DEPRECIATION
At 1 April 2023 2,498
Charge for year 1,037
Eliminated on disposal (779 )
At 31 March 2024 2,756
NET BOOK VALUE
At 31 March 2024 1,904
At 31 March 2023 333

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
Additions 82,779
Disposals (7,520 )
Revaluations 10,570
At 31 March 2024 85,829
NET BOOK VALUE
At 31 March 2024 85,829

Cost or valuation at 31 March 2024 is represented by:
Totals
£   
Valuation in 2024 10,570
Cost 75,259
85,829

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

SN FUSION LIMITED (REGISTERED NUMBER: 10048854)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr S Navalkissoor
Balance outstanding at start of year (1,676 ) (1,364 )
Amounts repaid (312 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,988 ) (1,676 )