Fusion Insight Services Ltd - Abbreviated accounts 16.3
Fusion Insight Services Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016 |
| FOR |
| FUSION INSIGHT SERVICES LTD |
| FUSION INSIGHT SERVICES LTD (REGISTERED NUMBER: 08435236) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| FUSION INSIGHT SERVICES LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| FUSION INSIGHT SERVICES LTD (REGISTERED NUMBER: 08435236) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 31.3.16 | 31.3.15 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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 were approved by the director on |
| FUSION INSIGHT SERVICES LTD (REGISTERED NUMBER: 08435236) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company had net liabilities at 31st March 2015. The company will continue to operate with the ongoing |
| financial support of its director and on this basis, he considers that it is appropriate to prepare the financial |
| statements on the going concern basis, being a period of at least twelve months from the date of approval of these |
| financial statements. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective January 2015). |
| The company was dormant throughout the current year and previous year. |
| At the balance sheet date, the company had been notified of legal proceedings under which the liquidator of its |
| main customer was seeking a substantial clawback of management fees charged during the period. Provision has |
| been made for the estimated value of this clawback, based on the directors knowledge of circumstances at the |
| date of approval of the accounts. |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
| value: | £ | £ |
| Ordinary share | £1 |