Company registration number 14862027 (England and Wales)
FUSION DEVELOPMENTS NE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
FUSION DEVELOPMENTS NE LTD
COMPANY INFORMATION
Directors
Mr C J Carolan
Mr C R Clay
Company number
14862027
Registered office
Unit 21
Belasis Court
Belasis Hall Technology Park
Billingham
TS23 4AZ
Accountants
Benson Wood Ltd
Unit 21
Belasis Court
Belasis Hall Technology Park
Billingham
TS23 4AZ
FUSION DEVELOPMENTS NE LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
FUSION DEVELOPMENTS NE LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF FUSION DEVELOPMENTS NE LTD
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fusion Developments NE Ltd for the Period Ended ended 31 May 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the board of directors of Fusion Developments NE Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Fusion Developments NE Ltd and state those matters that we have agreed to state to the board of directors of Fusion Developments NE Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fusion Developments NE Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Fusion Developments NE Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Fusion Developments NE Ltd is exempt from the statutory audit requirement for the Period Ended.
We have not been instructed to carry out an audit or a review of the financial statements of Fusion Developments NE Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Benson Wood Ltd
Chartered Certified Accountants
Unit 21
Belasis Court
Belasis Hall Technology Park
Billingham
TS23 4AZ
11 February 2025
FUSION DEVELOPMENTS NE LTD
BALANCE SHEET
- 2 -
2024
£
£
Fixed assets
188,229
Current assets
(50,357)
Creditors: amounts falling due within one year
(2,272)
Net current liabilities
(52,629)
Total assets less current liabilities
135,600
Creditors: amounts falling due after more than one year
(132,950)
Net assets
2,650
Capital and reserves
2,650
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
As at the balance sheet date there was a loan due to the directors of £2,000 the loan is interest free and repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the Period Ended was as follows:
2024
Number
Employees
Fusion Developments NE Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 21, Belasis Court, Belasis Hall Technology Park, Billingham, TS23 4AZ.
For the Period Ended ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the Period Ended in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
FUSION DEVELOPMENTS NE LTD
BALANCE SHEET (CONTINUED)
- 3 -
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 11 February 2025 and are signed on its behalf by:
Mr C R Clay
Director
Company registration number 14862027 (England and Wales)