REGISTERED NUMBER: 10303694 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Fusion Joinery North East Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

J J McCubbin

P Burt

REGISTERED OFFICE:

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

REGISTERED NUMBER:

10303694 (England and Wales)

ACCOUNTANTS:

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

FIXED ASSETS

Tangible assets

4

407,386

253,762

CURRENT ASSETS

Stock and work in progress

109,530

140,566

Debtors

5

480,048

444,046

Cash at bank and in hand

288,843

111,049

878,421

695,661

CREDITORS

Amounts falling due within one year

6

290,088

196,076

NET CURRENT ASSETS

588,333

499,585

TOTAL ASSETS LESS CURRENT LIABILITIES

995,719

753,347

CREDITORS

Amounts falling due after more than one year

7

165,260

94,637

NET ASSETS

830,459

658,710

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

830,259

658,510

SHAREHOLDERS' FUNDS

830,459

658,710

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

J J McCubbin - Director

1.	STATUTORY INFORMATION

Fusion Joinery North East 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

Plant and

and

to property

machinery

fittings

£

£

£

COST

At 1 April 2024

75,431

64,204

62,033

Additions

-

175,892

-

At 31 March 2025

75,431

240,096

62,033

DEPRECIATION

At 1 April 2024

-

30,539

28,721

Charge for year

-

31,434

4,997

At 31 March 2025

-

61,973

33,718

NET BOOK VALUE

At 31 March 2025

75,431

178,123

28,315

At 31 March 2024

75,431

33,665

33,312

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

143,199

24,795

369,662

Additions

39,320

12,832

228,044

At 31 March 2025

182,519

37,627

597,706

DEPRECIATION

At 1 April 2024

47,889

8,751

115,900

Charge for year

33,657

4,332

74,420

At 31 March 2025

81,546

13,083

190,320

NET BOOK VALUE

At 31 March 2025

100,973

24,544

407,386

At 31 March 2024

95,310

16,044

253,762

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

238,840

295,662

Directors' loan accounts

24,551

20,248

CIS tax debtor

115,051

43,157

Tax

-

7,859

VAT

86,572

73,878

Prepayments

15,034

3,242

480,048

444,046

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

9,622

9,600

Other loans

34,267

-

Hire purchase contracts

13,789

13,789

Trade creditors

131,965

134,010

Credit card account

76,165

13,456

Tax

21,480

-

Directors' loan accounts

-

20,564

Accrued expenses

2,800

4,657

290,088

196,076

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

2,962

12,741

Other loans - 2-5 years

94,233

-

Hire purchase contracts

68,065

81,896

165,260

94,637

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

P Burt

Balance outstanding at start of year

20,248

22,343

Amounts advanced

4,114

20,405

Amounts repaid

(21,000

)

(22,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,362

20,248

J J McCubbin

Balance outstanding at start of year

(20,564

)

(11,249

)

Amounts advanced

62,754

13,185

Amounts repaid

(21,000

)

(22,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,190

(20,564

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages one to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

23 December 2025