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REGISTERED NUMBER: 04966202 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FUSION LAND LIMITED

FUSION LAND LIMITED (REGISTERED NUMBER: 04966202)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FUSION LAND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: R Jones
R Jones



SECRETARY: R Jones



REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
LONDON
WC2H 9JQ



REGISTERED NUMBER: 04966202 (England and Wales)



ACCOUNTANTS: Berkeley Hall Marshall Limited
6 Charlotte Street
Bath
BA1 2NE



BANKERS: HSBC Bank Plc
20 Eastcheap
London
EC3 1ED

FUSION LAND LIMITED (REGISTERED NUMBER: 04966202)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 750,000 750,000
750,000 750,000

CURRENT ASSETS
Debtors 6 8,395 7,079
Cash at bank 115,629 92,491
124,024 99,570
CREDITORS
Amounts falling due within one year 7 74,009 109,743
NET CURRENT ASSETS/(LIABILITIES) 50,015 (10,173 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

800,015

739,827

CREDITORS
Amounts falling due after more than one
year

8

416,170

416,170
NET ASSETS 383,845 323,657

CAPITAL AND RESERVES
Called up share capital 200 200
Fair value reserve 10 247,354 247,354
Retained earnings 136,291 76,103
SHAREHOLDERS' FUNDS 383,845 323,657

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

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

The directors acknowledge their 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.

FUSION LAND LIMITED (REGISTERED NUMBER: 04966202)

BALANCE SHEET - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 18 February 2025 and were signed on its behalf by:





R Jones - Director


FUSION LAND LIMITED (REGISTERED NUMBER: 04966202)

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

1. STATUTORY INFORMATION

Fusion Land 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. 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 as modified by the revaluation of certain assets.

These accounts have been prepared on the going concern basis, on the understanding that the directors, who are also the shareholders, will continue to financially support the company for a period of 12 months from the date of these financial statements. This support will be reviewed at that time.

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.
Plant and machinery etc - 33% on cost

Investment property
Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for that year.

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 NIL (2023 - NIL).

FUSION LAND LIMITED (REGISTERED NUMBER: 04966202)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 3,792
DEPRECIATION
At 1 January 2024
and 31 December 2024 3,792
NET BOOK VALUE
At 31 December 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 750,000
NET BOOK VALUE
At 31 December 2024 750,000
At 31 December 2023 750,000

The investment properties are held at fair value, with movements through the profit and loss account. The properties were valued by the director on 31 December 2024. It was considered that there had been a decrease in their value since the last valuation to a total of £750,000. Changes in value are posted to a fair value reserve, as non-distributable profits.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,395 7,079

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,022 1,733
Taxation and social security 23,634 62,405
Other creditors 34,353 45,605
74,009 109,743

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 416,170 416,170

FUSION LAND LIMITED (REGISTERED NUMBER: 04966202)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 416,170 416,170

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 416,170 416,170

The bank loans are secured by separate legal charges.

10. RESERVES
Fair
value
reserve
£   
At 1 January 2024
and 31 December 2024 247,354

11. ULTIMATE CONTROLLING PARTY

The controlling party is R Jones.