Abbreviated Company Accounts - FUSION ARCHITECTURE LTD

FUSION ARCHITECTURE LTD - Company Information

Registered Number 04977522

FUSION ARCHITECTURE LTD

Abbreviated Accounts

31 December 2014

FUSION ARCHITECTURE LTD Registered Number 04977522

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	728	338
		728	338
Current assets
Debtors		4,900	400
Cash at bank and in hand		39,704	15,297
		44,604	15,697
Creditors: amounts falling due within one year		(24,354)	(10,919)
Net current assets (liabilities)		20,250	4,778
Total assets less current liabilities		20,978	5,116
Total net assets (liabilities)		20,978	5,116
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		19,978	4,116
Shareholders' funds		20,978	5,116

For the year ending 31 December 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 April 2015

And signed on their behalf by:
G Everson, Director

FUSION ARCHITECTURE LTD Registered Number 04977522

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared under the historical cost convention and in accordance with applicable Accounting Standards in the United Kingdom. The company had taken advantage of the exemptions in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

Turnover policy
Turnover represents total invoice value excluding VAT, of goods and services provided to third parties during the year. The turnover is derived from the company’s principal activity which was carried out wholly within the U.K.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor vehicles 25% straight line
Plant & Machinery 20% straight line
Office equipment: 25% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2014	7,925
Additions	971
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	8,896
Depreciation
At 1 January 2014	7,587
Charge for the year	581
On disposals	-
At 31 December 2014	8,168
Net book values
At 31 December 2014	728
At 31 December 2013	338