Fusetec Electrical Ltd

Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P Gibbs

REGISTERED OFFICE:

15 Wheatsheaf Drive

Ware

Hertfordshire

SG12 0XR

REGISTERED NUMBER:

12507807 (England and Wales)

ACCOUNTANTS:

Hargreaves Owen Ltd

Chartered Certified Accountants

Red Sky House

Fairclough Hall, Halls Green

Weston

Hertfordshire

SG4 7DP

FIXED ASSETS

Tangible assets

4

1,614

572

CURRENT ASSETS

Debtors

5

7,483

12,616

Cash at bank

41,961

26,480

49,444

39,096

CREDITORS

Amounts falling due within one year

6

29,057

25,211

NET CURRENT ASSETS

20,387

13,885

TOTAL ASSETS LESS CURRENT LIABILITIES

22,001

14,457

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

21,901

14,357

SHAREHOLDERS' FUNDS

22,001

14,457

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 14 September 2026 and were signed by:

Mr P Gibbs - Director

1.	STATUTORY INFORMATION

Fusetec Electrical Ltd 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.

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.

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2025

3,044

Additions

2,271

Disposals

(1,807

)

At 31 March 2026

3,508

DEPRECIATION

At 1 April 2025

2,472

Charge for year

853

Eliminated on disposal

(1,431

)

At 31 March 2026

1,894

NET BOOK VALUE

At 31 March 2026

1,614

At 31 March 2025

572

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

7,066

12,516

Called up share capital not paid

100

100

Prepayments

317

-

7,483

12,616

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

13,962

11,755

Corporation tax

11,930

9,611

PAYE

284

116

VAT

2,317

2,878

Directors' current accounts

39

326

Accrued expenses

525

525

29,057

25,211