Registration number: 01289542

Huntingdon Fusion Techniques Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 6

Huntingdon Fusion Techniques Limited

(Registration number: 01289542)
Balance Sheet as at 31 December 2024

	Note	2024 £	(As restated) 2023 £
Fixed assets
Tangible assets	4	8,567	13,567
Current assets
Stocks	5	306,771	306,442
Debtors	6	572,670	492,570
Cash at bank and in hand		458,982	663,810
		1,338,423	1,462,822
Creditors: Amounts falling due within one year	7	(227,251)	(233,727)
Net current assets		1,111,172	1,229,095
Total assets less current liabilities		1,119,739	1,242,662
Provisions for liabilities		(3,966)	(3,966)
Net assets		1,115,773	1,238,696
Capital and reserves
Called up share capital		5,000	5,000
Retained earnings		1,110,773	1,233,696
Shareholders' funds		1,115,773	1,238,696

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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 20 August 2025 and signed on its behalf by:
 

......................................... P I Rowlands Director

Huntingdon Fusion Techniques Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1	General information

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

The address of its registered office is:
Stukeley Meadow
Gwscwm Road
Burry Port
Carmarthenshire
SA16 0BU

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 22 August 2025 was Emily Ness BFP FCA, who signed for and on behalf of UHY Ross Brooke.

Prior period errors

The restatement relates to the omission of prepayments and accruals in the prior year's financial statements, as well as the tax element attributable to this. The changes made are as follows:

Accruals - (£31,070)
Prepayments - £13,903
Tax Liability - £4,037
Administrative Expenses - £17,167
Tax P&L - (£4,037)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts. Turnover is recognised when goods leave the company's possession, where the risks and rewards related to the goods transfer to the customer.

Page 2

Huntingdon Fusion Techniques Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	15% Reducing Balance Basis
Fixtures, Fittings and Equipment	15% Reducing Balance Basis, 25-50% Straight Line Basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Huntingdon Fusion Techniques Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2023 - 7).

Huntingdon Fusion Techniques Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 January 2024	81,466	81,466
At 31 December 2024	81,466	81,466
Depreciation
At 1 January 2024	67,899	67,899
Charge for the year	5,000	5,000
At 31 December 2024	72,899	72,899
Carrying amount
At 31 December 2024	8,567	8,567
At 31 December 2023	13,567	13,567

5

Stocks

	2024 £	2023 £
Other inventories	306,771	306,442

6

Debtors

Current	2024 £	(As restated) 2023 £
Trade debtors	499,471	384,923
Prepayments	35,426	13,903
Other debtors	37,773	93,744
	572,670	492,570

Huntingdon Fusion Techniques Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	2024 £	(As restated) 2023 £
Due within one year
Trade creditors	159,622	182,404
Taxation and social security	22,370	-
Other creditors	45,259	51,323
	227,251	233,727