Fusion (Exmouth) Limited - Period Ending 2021-02-28

Fusion (Exmouth) Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	2

Fusion (Exmouth) Limited

Company Information

Directors

Mr P W Rowley Miss CPM Rowley Ms S Rowley

Registered office

11 Sarlsdown Road EXMOUTH Devon EX8 2HY

Accountants

Axis Accounts Limited Office 7 Unit 16, Dinan Way Trading Estate Concorde Road Exmouth Devon EX8 4RS

Fusion (Exmouth) Limited

(Registration number: 10597410)
Balance Sheet as at 28 February 2021

	2021 £	2020 £
Fixed assets	6,406	6,501
Current assets	40,519	8,571
Prepayments and accrued income	835	290
Creditors: Amounts falling due within one year	(8,565)	(5,283)
Net current assets	32,789	3,578
Total assets less current liabilities	39,195	10,079
Creditors: Amounts falling due after more than one year	(17,223)	-
Accruals and deferred income	(635)	(790)
	21,337	9,289
Capital and reserves	21,337	9,289

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
11 Sarlsdown Road
EXMOUTH
Devon
EX8 2HY

These financial statements were authorised for issue by the Board on 28 February 2022.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2020 - 2).

3	Related party transactions

Transactions with directors

Fusion (Exmouth) Limited

(Registration number: 10597410)
Balance Sheet as at 28 February 2021

2021	At 1 March 2020 £	Advances to directors £	Repayments by director £	At 28 February 2021 £
Mr P W Rowley
Advances for personal expenditure	(487)	17,361	(8,214)	8,660
Ms S Rowley
Advances for personal expenditure	-	11,341	(8,214)	3,127

2020	At 1 March 2019 £	Advances to directors £	Repayments by director £	At 29 February 2020 £
Mr P W Rowley
Advances for personal expenditure	3,274	14,920	(18,681)	(487)

For the financial year ending 28 February 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 28 February 2022 and signed on its behalf by:
 

......................................... Mr P W Rowley Director