REGISTERED NUMBER: SC420075 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Fusebox Scotland Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Boxall

REGISTERED OFFICE:

14 Campbell Street

Helensburgh

Dunbartonshire

G84 8BG

REGISTERED NUMBER:

SC420075 (Scotland)

ACCOUNTANTS:

Clements

Chartered Accountants

17 Colquhoun Square

Helensburgh

G84 8AD

FIXED ASSETS

Tangible assets

4

-

33,289

CURRENT ASSETS

Stocks

-

17,759

Debtors

5

14,400

8,969

Cash at bank

10,851

21,619

25,251

48,347

CREDITORS

Amounts falling due within one year

6

10,090

52,097

NET CURRENT ASSETS/(LIABILITIES)

15,161

(3,750

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,161

29,539

CREDITORS

Amounts falling due after more than one year

7

-

(667

)

PROVISIONS FOR LIABILITIES

-

(6,325

)

NET ASSETS

15,161

22,547

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

15,160

22,546

SHAREHOLDERS' FUNDS

15,161

22,547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 June 2026 and were signed by:

D Boxall - Director

1.	STATUTORY INFORMATION

Fusebox Scotland Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover

The turnover shown in the profit and loss account represents revenue recognised by the company in respect of electrical services supplied during the period, exclusive of Value Added Tax. Revenue is recognised when the company has the right to receive it.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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

Financial instruments

The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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 4 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

85,715

Disposals

(85,715

)

At 31 March 2026

-

DEPRECIATION

At 1 April 2025

52,426

Eliminated on disposal

(52,426

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

33,289

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

-

8,969

Amounts owed by participating interests

14,400

-

14,400

8,969

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

4,000

Trade creditors

-

8,931

Taxation and social security

8,825

19,168

Other creditors

1,265

19,998

10,090

52,097

Included in other creditors is the director's current account which is unsecured, interest free and repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

667

8.	RELATED PARTY DISCLOSURES

Dividends paid to the directors totalled £12,500 (2025 £10,000).