Fusion 2000 (UK) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04318577 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Fusion 2000 (UK) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W Reed

Mr M W Reed

SECRETARY:

Mr W Reed

REGISTERED OFFICE:

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

BUSINESS ADDRESS:

Suite L

13-19 Stroud Road

Gloucester

Gloucestershire

GL1 5AA

REGISTERED NUMBER:

04318577 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

-

172

CURRENT ASSETS

Stocks

5

17,067

22,299

Debtors

6

14,468

15,587

31,535

37,886

CREDITORS

Amounts falling due within one year

7

22,641

12,451

NET CURRENT ASSETS

8,894

25,435

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,894

25,607

CAPITAL AND RESERVES

Called up share capital

8

40

Retained earnings

9

8,854

25,567

SHAREHOLDERS' FUNDS

8,894

25,607

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

Mr W Reed - Director

1.	STATUTORY INFORMATION

Fusion 2000 (UK) 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

50% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

5,854

2,414

787

9,055

DEPRECIATION

At 1 April 2024

5,828

2,268

787

8,883

Charge for year

26

146

-

172

At 31 March 2025

5,854

2,414

787

9,055

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

26

146

-

172

5.

STOCKS

31.3.25

31.3.24

£

Stocks

17,067

22,299

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

10,468

10,889

Other debtors

4,000

VAT

-

698

14,468

15,587

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

17,546

6,877

Trade creditors

1,544

799

Corporation tax

2,219

3,665

VAT

72

-

Directors' current accounts

1,260

1,110

22,641

12,451

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

20

"A" Ordinary

£1

20

"B" Ordinary

£1

20

40

9.

RESERVES

Retained

earnings

£

At 1 April 2024

25,567

Profit for the year

9,287

Dividends

(26,000

)

At 31 March 2025

8,854

10.	RELATED PARTY DISCLOSURES

During the year, the directors, Mr W Reed and Mr M W Reed, being father and son, made net deposits to their account of £150. The balance on their account at 31 March 2025 was £1,260 in credit (2024 - £1,110).

Also during the year, both directors each received dividends from the company of £13,000 (2024 - £18,000).

Additionally, both directors are also directors and shareholders of Just Wooden Toys Limited. There was no movement on this account during the year, with the balance on the account being £4,000 debit at both 31 March 2025 and 2024, and included in other debtors.

11.	ULTIMATE CONTROLLING PARTY

Mr W Reed and Mr M W Reed together form the ultimate controlling party by virtue of their holding all of the company's issued share capital.