Fusion Intergrated Services Limited 07544926 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of electical installation Digita Accounts Production Advanced 6.30.9574.0 true 07544926 2023-04-01 2024-03-31 07544926 2024-03-31 07544926 bus:CompanySecretaryDirector1 1 2024-03-31 07544926 bus:Director2 1 2024-03-31 07544926 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07544926 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 07544926 bus:Micro-entities 2023-04-01 2024-03-31 07544926 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07544926 bus:FilletedAccounts 2023-04-01 2024-03-31 07544926 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07544926 bus:RegisteredOffice 2023-04-01 2024-03-31 07544926 bus:CompanySecretaryDirector1 2023-04-01 2024-03-31 07544926 bus:CompanySecretaryDirector1 1 2023-04-01 2024-03-31 07544926 bus:Director2 2023-04-01 2024-03-31 07544926 bus:Director2 1 2023-04-01 2024-03-31 07544926 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07544926 countries:England 2023-04-01 2024-03-31 07544926 bus:CompanySecretaryDirector1 1 2023-03-31 07544926 bus:Director2 1 2023-03-31 07544926 2022-04-01 2023-03-31 07544926 2023-03-31 07544926 bus:CompanySecretaryDirector1 1 2023-03-31 07544926 bus:Director2 1 2023-03-31 07544926 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07544926 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 07544926 bus:CompanySecretaryDirector1 1 2022-04-01 2023-03-31 07544926 bus:Director2 1 2022-04-01 2023-03-31 07544926 bus:CompanySecretaryDirector1 1 2022-03-31 07544926 bus:Director2 1 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 07544926

Fusion Intergrated Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Fusion Intergrated Services Limited

(Registration number: 07544926)
Balance Sheet as at 31 March 2024

2024
£

2023
£

Fixed assets

14,992

23,657

Current assets

899,992

869,233

Prepayments and accrued income

3,000

3,000

Creditors: Amounts falling due within one year

(68,242)

(80,163)

Net current assets

834,750

792,070

Total assets less current liabilities

849,742

815,727

Creditors: Amounts falling due after more than one year

(13,091)

(23,274)

Accruals and deferred income

(2,183)

(2,000)

 

834,468

790,453

Capital and reserves

834,468

790,453

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
11 Ryefield Close
Solihull
West Midlands
B91 1PP

These financial statements were authorised for issue by the Board on 23 December 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Fusion Intergrated Services Limited

(Registration number: 07544926)
Balance Sheet as at 31 March 2024

3

Related party transactions


The Company operates a current account with each Director and any amounts owed by the Directors to the Company are shown in the table below. During the year advances were made to each director such that as at 31st March 2024, each Director owed £33,505 (2023; £25,182) to the company. The amounts owed by each Director to The Company are disclosed within Other Debtors, which in turn is included within Currect Assets.


The Company also made advances of £210,000 during the year (2023; £400,000) to Fusion Property Management Ltd, a related party by virtue of the common ownership and Common Directors. The balance owed by Fusion Property Management Ltd as at 31st March 2024 is £610,000 (2023; £400,000). No interest is charged on the amount outstanding. The amounts owed to The Company are disclosed within Other Debtors, which in turn is included within Currect Assets.

Transactions with directors

2024

At 1 April 2023
£

Advances to director
£

At 31 March 2024
£

Mr Kenneth James Bull

Directors Current Account

25,182

-

25,182

Mrs Lynsey Joanne Bull

Directors Current Account

25,182

-

25,182

2023

At 1 April 2022
£

Advances to director
£

At 31 March 2023
£

Mr Kenneth James Bull

Directors Current Account

4,079

21,103

25,182

Mrs Lynsey Joanne Bull

Directors Current Account

4,079

21,103

25,182

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Fusion Intergrated Services Limited

(Registration number: 07544926)
Balance Sheet as at 31 March 2024

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 December 2024 and signed on its behalf by:
 

.........................................
Mr Kenneth James Bull
Company secretary and director