REGISTERED NUMBER: OC355012 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

FUSE Accountants LLP

Page

Balance Sheet

1

Notes to the Financial Statements

4

Fixed assets

Tangible assets

4

74,360

88,037

Current assets

Debtors

5

174,954

133,181

Cash at bank and in hand

5,035

9,921

179,989

143,102

Creditors

Amounts falling due within one year

6

236,277

174,372

Net current liabilities

(56,288

)

(31,270

)

Total assets less current liabilities

18,072

56,767

Creditors

Amounts falling due after more than one year

7

16,777

25,639

Net assets attributable to members

1,295

31,128

Loans and other debts due to members

1,295

31,128

Total members' interests

Loans and other debts due to members

1,295

31,128

Amounts due from members

5

(18,874

)

-

(17,579

)

31,128

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 24 August 2026 and were signed by:

S M Watts - Designated member

F E Watts - Designated member

1.	Statutory information

FUSE Accountants LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC355012

Registered office:

Pound House

62a Highgate High Street

London

N6 5HX

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Plant and machinery etc

-

straight line over 3 years and 20% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employee information

The average number of employees during the year was 7 (2025 - 7 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 April 2025

248,874

Additions

1,697

At 31 March 2026

250,571

Depreciation

At 1 April 2025

160,837

Charge for year

15,374

At 31 March 2026

176,211

Net book value

At 31 March 2026

74,360

At 31 March 2025

88,037

5.

Debtors

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

52,029

29,733

Other debtors

110,925

91,448

162,954

121,181

Amounts falling due after more than one year:

Other debtors

12,000

12,000

Aggregate amounts

174,954

133,181

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Bank loans and overdrafts

29,964

29,711

Hire purchase contracts

8,137

18,182

Trade creditors

55,806

30,049

Taxation and social security

48,429

49,056

Other creditors

93,941

47,374

236,277

174,372

7.

Creditors: amounts falling due after more than one year

2026

2025

£

£

Bank loans

-

1,667

Hire purchase contracts

16,777

23,972

16,777

25,639

8.	Ultimate controlling party

The ultimate controlling party is S M Watts.