Acorah Software Products - Accounts Production 19.3.550 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 07419184 Mr D Hazlewood Mrs K Hazlewood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07419184 2024-10-31 07419184 2025-10-31 07419184 2024-11-01 2025-10-31 07419184 frs-core:CurrentFinancialInstruments 2025-10-31 07419184 frs-core:Non-currentFinancialInstruments 2025-10-31 07419184 frs-core:BetweenOneFiveYears 2025-10-31 07419184 frs-core:FurnitureFittings 2024-11-01 2025-10-31 07419184 frs-core:LandBuildings 2025-10-31 07419184 frs-core:LandBuildings 2024-11-01 2025-10-31 07419184 frs-core:LandBuildings 2024-10-31 07419184 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 07419184 frs-core:MotorVehicles 2024-11-01 2025-10-31 07419184 frs-core:PlantMachinery 2025-10-31 07419184 frs-core:PlantMachinery 2024-11-01 2025-10-31 07419184 frs-core:PlantMachinery 2024-10-31 07419184 frs-core:WithinOneYear 2025-10-31 07419184 frs-core:ShareCapital 2025-10-31 07419184 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 07419184 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 07419184 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 07419184 frs-bus:SmallEntities 2024-11-01 2025-10-31 07419184 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 07419184 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 07419184 frs-bus:Director1 2024-11-01 2025-10-31 07419184 frs-bus:Director2 2024-11-01 2025-10-31 07419184 frs-countries:EnglandWales 2024-11-01 2025-10-31 07419184 2023-10-31 07419184 2024-10-31 07419184 2023-11-01 2024-10-31 07419184 frs-core:CurrentFinancialInstruments 2024-10-31 07419184 frs-core:Non-currentFinancialInstruments 2024-10-31 07419184 frs-core:BetweenOneFiveYears 2024-10-31 07419184 frs-core:WithinOneYear 2024-10-31 07419184 frs-core:ShareCapital 2024-10-31 07419184 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 07419184
Fusion Motorsport Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Fusion Motorsport Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Fusion Motorsport Limited
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: 07419184

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 415,545 |  | 436,610
|  |  | 415,545 |  | 436,610
CURRENT ASSETS
Stocks | 5 | 134,175 |  | 173,840 |
Debtors | 6 | 67,166 |  | 137,713 |
Cash at bank and in hand |  | 531,923 |  | 264,048 |
|  | 733,264 |  | 575,601 |
Creditors: Amounts Falling Due Within One Year | 7 | (289,121 ) |  | (350,427 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 444,143 |  | 225,174
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 859,688 |  | 661,784
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (57,367 ) |  | (73,434 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (78,815 ) |  | (50,690 )
NET ASSETS |  |  | 723,506 |  | 537,660
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 722,506 |  | 536,660
SHAREHOLDERS' FUNDS |  |  | 723,506 |  | 537,660

Page 1
Page 2
Fusion Motorsport Limited
Balance Sheet (continued)
As At 31 October 2025
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr D Hazlewood Director
3 June 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Fusion Motorsport Limited
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
Fusion Motorsport Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07419184 . The registered office is Unit 1 Lotus Court Harvard Industrial Estate, Kimbolton, Huntingdon, Cambridgeshire, PE28 0LS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold | cost method
Plant & Machinery | 25% reducing balance
Motor Vehicles | 25% straight line
Fixtures & Fittings | 25% reducing balance

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
Page 4
Fusion Motorsport Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.7. Taxation
Current tax
Current tax is provided at amounts expected to be paid (ar recoverable) using the tax rates and laws that have been
enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods
different from those in which they are included in the Company's financial statements. Deferred tax is provided in full
on timing differences which result in an obligation to pay mare or less tax at a future date, at the average tax rates
that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax
assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up
against deferred tax assets so that the net carrying amount equals the highest amount that is mare likely than not to
be recovered based on current ar future taxable profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 2)
3 2
4. Tangible Assets

| Land & Buildings | Plant & Machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 November 2024 | 260,000 | 547,639 | 807,639
Additions | - | 57,157 | 57,157
As at 31 October 2025 | 260,000 | 604,796 | 864,796
Depreciation
As at 1 November 2024 | 62,400 | 308,629 | 371,029
Provided during the period | 10,400 | 67,822 | 78,222
As at 31 October 2025 | 72,800 | 376,451 | 449,251
Net Book Value
As at 31 October 2025 | 187,200 | 228,345 | 415,545
As at 1 November 2024 | 197,600 | 239,010 | 436,610

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 134,175 |  | 173,840

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 7,634 |  | 117,299
Other debtors | 59,532 |  | 20,414
| 67,166 |  | 137,713

Page 4
Page 5
Fusion Motorsport Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 9,441 |  | 4,444
Trade creditors | 143,699 |  | 87,973
Bank loans and overdrafts | 5,834 |  | 10,000
Other loans | 18,000 |  | 18,000
Amounts owed to participating interests | 194 |  | -
Other creditors | 41,661 |  | 205,577
Taxation and social security | 70,292 |  | 24,433
| 289,121 |  | 350,427

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 26,617 |  | 27,100
Bank loans | - |  | 5,834
Other loans | 30,750 |  | 40,500
| 57,367 |  | 73,434

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 9,441 |  | 4,444
Later than one year and not later than five years | 26,617 |  | 27,100
| 36,058 |  | 31,544
| 36,058 |  | 31,544

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

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