Fusion Forensics Limited - Accounts to registrar (filleted) - small 17.3
Fusion Forensics Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2017 |
| for |
| Fusion Forensics Limited |
| Fusion Forensics Limited (Registered number: 04705881) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Fusion Forensics Limited |
| Company Information |
| for the Year Ended 31 March 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 5a Frascati Way |
| Maidenhead |
| Berkshire |
| SL6 4UY |
| Fusion Forensics Limited (Registered number: 04705881) |
| Balance Sheet |
| 31 March 2017 |
| 31.3.17 | 31.3.16 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Fusion Forensics Limited (Registered number: 04705881) |
| Balance Sheet - continued |
| 31 March 2017 |
| 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 on on its behalf by: |
| Mr L R Sharp - Director | Mr R C Hill - Director |
| Mr O C R Hill - Director |
| Fusion Forensics Limited (Registered number: 04705881) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2017 |
| 1. | STATUTORY INFORMATION |
| Fusion Forensics Limited is a |
| The company's registered number and registered office address can be found on the Company |
| Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Significant judgements and estimates |
| In the application of the company's accounting policies the directors are required to make |
| judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are |
| not readily apparent from other sources. The estimates and associated assumptions are based on |
| historical experience and other factors that are considered to be relevant. Actual results may differ |
| from these estimates. |
| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to |
| accounting estimates are recognised in the period in which the estimate is revised if the revision |
| affects only that period, or in the period of the revision and future periods if the revision affects |
| both current and future periods. |
| The company does not make significant estimates and assumptions concerning the future. |
| Changes in accounting policies |
| These accounts reflect the first year that the company has adopted FRS 102. The prior year financial |
| statements were restated for adoption of FRS 102 in the current year. The revaluation of the |
| equipment has been recognised in the P&L and the deferred tax recognised on the gain. |
| Turnover |
| Turnover represents invoiced sales of services, excluding value added tax. Revenue is recognised at |
| the point the service is provided. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Fusion Forensics Limited (Registered number: 04705881) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| Basic financial instruments are recognised at amortised cost using the effective interest method, |
| except for investments in non-convertible preference and non-puttable preference and ordinary |
| shares, which are measured at fair value, with changes recognised in profit or loss. Derivative |
| financial instruments are initially recorded at cost and therefore at fair value, with changes |
| recognised in profit and loss. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income |
| Statement, except to the extent that it relates to items recognised in other comprehensive income |
| or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
| enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
| at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
| different from those in which they are recognised in financial statements. Deferred tax is measured |
| using tax rates and laws that have been enacted or substantively enacted by the year end and that |
| are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is |
| probable that they will be recovered against the reversal of deferred tax liabilities or other future |
| taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the |
| period of the lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Fusion Forensics Limited (Registered number: 04705881) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 April 2016 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2017 |
| DEPRECIATION |
| At 1 April 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| At 31 March 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Hire purchase contracts (see note 8) |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| Fusion Forensics Limited (Registered number: 04705881) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2017 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Hire purchase contracts (see note 8) |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase contracts |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| Non-cancellable |
| operating leases |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Within one year |
| Between one and five years |
| 9. | RELATED PARTY DISCLOSURES |
| Kingfisher Enamelling Company Limited |
| A company in which Mr R C Hill is a shareholder. |
| As at the period end £16,006 was owed to Kingfisher Enamelling Company Limited. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |