Registration number:
Fusion Intergrated Services Limited
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 |
|
|
Current assets |
|
|
Prepayments and accrued income |
|
|
Creditors: Amounts falling due within one year |
( |
( |
Net current assets |
|
|
Total assets less current liabilities |
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
Accruals and deferred income |
( |
( |
|
|
|
Capital and reserves |
|
|
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
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'.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Fusion Intergrated Services Limited
(Registration number: 07544926)
Balance Sheet as at 31 March 2024
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 |
|
- |
|
Mrs Lynsey Joanne Bull |
|||
Directors Current Account |
|
- |
|
2023 |
At 1 April 2022 |
Advances to director |
At 31 March 2023 |
Mr Kenneth James Bull |
|||
Directors Current Account |
|
|
|
Mrs Lynsey Joanne Bull |
|||
Directors Current Account |
|
|
|
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 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
......................................... |