Fusion Digital Limited 31/03/2021 iXBRL
Fusion Digital Limited 31/03/2021 iXBRL
Company registration number:
10682351
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Statement of financial position
31 March 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Current assets | |||||||||
Debtors | 5 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 6 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
31 December 2021
, and are signed on behalf of the board by:
Director
Director
Company registration number:
10682351
Statement of changes in equity
Year ended 31 March 2021
Called up share capital | Profit and loss account | Total | ||
£ | £ | £ | ||
At 1 April 2019 |
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- |
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Profit for the year | - | - | ||
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Total comprehensive income for the year | - | - | - | |
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At 31 March 2020 and 1 April 2020 |
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Profit for the year | - | - | ||
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Total comprehensive income for the year | - | - | - | |
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At 31 March 2021 |
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- |
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Notes to the financial statements
Year ended 31 March 2021
1.
General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Ground Floor Marlborough House, Regents Park Road, London, N3 2SZ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2020:
2
).
5.
Debtors
2021 | 2020 | |||
£ | £ | |||
Trade debtors |
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_______ | _______ | |||
6.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Trade creditors |
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Other creditors |
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_______ | _______ | |||
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Other creditors includes £2,630 (2020: Nil) towards Fusion Consulting Limited.
7.
Covid - 19 Effects
During the period, we have seen macro-economic uncertainty with regard to the general trading conditions as a result of COVID-19 (Coronavirus) outbreak leading to disruption to business activity. The directors consider the emergence and spread of COVID-19 to be non-adjusting post- balance sheet event . Given the inherent uncertainties, it is not practicable at this time to determine the impact of COVID-19 on the company or provide a quantitative estimate of this impact. We confirm that no other event has occurred between the Balance Sheet date and the date of approval of these accounts, which will materially affect the amounts or manner in which significant items are reflected in the accounts.