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REGISTERED NUMBER: 11172994 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

SERVICES FUSION LTD

SERVICES FUSION LTD (REGISTERED NUMBER: 11172994)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SERVICES FUSION LTD

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTOR: V Tesniere





REGISTERED OFFICE: Bank Gallery
13 High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 11172994 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

SERVICES FUSION LTD (REGISTERED NUMBER: 11172994)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,624 1,360

CURRENT ASSETS
Debtors 5 51,296 72,718
Cash at bank 60,418 74,844
111,714 147,562
CREDITORS
Amounts falling due within one year 6 93,953 124,423
NET CURRENT ASSETS 17,761 23,139
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,385

24,499

PROVISIONS FOR LIABILITIES 308 258
NET ASSETS 19,077 24,241

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 19,076 24,240
19,077 24,241

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

SERVICES FUSION LTD (REGISTERED NUMBER: 11172994)

BALANCE SHEET - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2024 and were signed by:





V Tesniere - Director


SERVICES FUSION LTD (REGISTERED NUMBER: 11172994)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Services Fusion Ltd 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 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.
Computer equipment - 25% on cost

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

3. EMPLOYEES AND DIRECTORS

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

SERVICES FUSION LTD (REGISTERED NUMBER: 11172994)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023 1,814
Additions 957
At 31 January 2024 2,771
DEPRECIATION
At 1 February 2023 454
Charge for year 693
At 31 January 2024 1,147
NET BOOK VALUE
At 31 January 2024 1,624
At 31 January 2023 1,360

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 51,296 72,718

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 87,166 115,357
Taxation and social security 3,813 2,818
Other creditors 2,974 6,248
93,953 124,423

7. RELATED PARTY DISCLOSURES

At 31 January 2024 other creditors include loans made to the company by the director amounting to £nil (2023 £2,916).

8. CONTROLLING PARTY

The controlling party is V Tesniere.