Fusion Motorsport Limited

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

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

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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.

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.

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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)

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

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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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