| Fusionation Limited |
Registered number |
| Balance Sheet |
09096727 |
| as at 30 June 2025 |
|
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investment property |
3 |
|
|
350,000 |
|
|
345,000 |
|
| Current assets |
| Debtors |
4 |
|
308,156 |
|
|
210,349 |
| Cash at bank and in hand |
|
|
6,336 |
|
|
770 |
|
|
|
314,492 |
|
|
211,119 |
|
| Creditors: amounts falling due within one year |
5 |
|
(111,313) |
|
|
(76,860) |
|
| Net current assets |
|
|
|
203,179 |
|
|
134,259 |
|
| Total assets less current liabilities |
|
|
|
553,179 |
|
|
479,259 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(213,336) |
|
|
(213,336) |
|
| Provisions for liabilities |
| Deferred tax |
|
|
|
(9,850) |
|
|
(8,600) |
|
| Net assets |
|
|
|
329,993 |
|
|
257,323 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
329,992 |
|
|
257,322 |
|
| Shareholders' funds |
|
|
|
329,993 |
|
|
257,323 |
|
|
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| P Smith |
| Director |
| Approved by the board on 22 September 2026 |
|
| Fusionation Limited |
| Notes to the Accounts |
| for the year ended 30 June 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention, as modified by the revaluation of investment property, and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard. |
|
|
Turnover |
|
Turnover represents commission, fee income and rent receivable. |
|
|
Investment properties |
|
Investment properties are initially valued at cost but are subject to revaluation at the balance sheet date to reflect open market value should this differ from the carrying value. Any changes in value are reflected in the profit and loss account. The company departs from the normal requirement to charge depreciation on investment properties in order to satisfy the overriding requirement for the accounts to give a true and fair view of the company's results and financial position. |
|
|
Deferred taxation |
|
Full provision is made, on an undiscounted basis, to reflect the tax that would be payable by the company were its investment property to be sold at its balance sheet value. There are however no plans to sell the property at present. |
|
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of employees and company officers |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Investment property |
| £ |
|
Valuation |
|
At 1 July 2024 |
345,000 |
|
Surplus on revaluation |
5,000 |
|
|
At 30 June 2025 |
350,000 |
|
|
|
|
|
|
|
|
The director has reviewed the value of the company's investment property as at 30 June 2025 by reference to available information regarding the local property market. The historical cost of the property at 30 June 2025 amounted to £310,603 (2024: £310,603). |
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
308,156 |
|
210,349 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Corporation tax |
|
|
|
|
94,628 |
|
71,654 |
|
Other creditors |
16,685 |
|
5,206 |
|
|
|
|
|
|
111,313 |
|
76,860 |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Commercial mortgage (secured) |
213,336 |
|
213,336 |
|
|
The mortgage is on an interest-only basis and is repayable more than five years after the balance sheet date. It is secured against the company's investment property. During the year ended 30 September 2025, interest was payable on the mortgage at a fixed rate of 3.69% p.a. |
|
|
|
| 7 |
Controlling party |
|
|
At 30 June 2025, the company was controlled by Mr P Smith, who owned the company's entire issued share capital. |
|
|
|
| 8 |
Other information |
|
|
Fusionation Limited is a private company limited by shares and incorporated in England. Its registered office is 1 Britten Close, Langdon Hills, Basildon, Essex SS16 6TB. |