FUSION PRACTICES LTD

FUSION PRACTICES LTD

FUSION PRACTICES LTD - Company Information

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FUSION PRACTICES LTD

Company Registration Number:
07103004 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

FUSION PRACTICES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

FUSION PRACTICES LTD

Balance sheet

As at 31 December 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 177,458 180,748
Total fixed assets: 177,458 180,748
Current assets
Debtors: 3 277,505 459,357
Cash at bank and in hand: 1,002,117 538,541
Investments: 4 14,328
Total current assets: 1,293,950 997,898
Creditors: amounts falling due within one year: 5 (310,120) (261,717)
Net current assets (liabilities): 983,830 736,181
Total assets less current liabilities: 1,161,288 916,929
Total net assets (liabilities): 1,161,288 916,929
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,161,188 916,829
Shareholders funds: 1,161,288 916,929

The notes form part of these financial statements

FUSION PRACTICES LTD

Balance sheet statements

For the year ending 31 December 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2018
and signed on behalf of the board by:

Name: ANIL PASSI
Status: Director

The notes form part of these financial statements

FUSION PRACTICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FUSION PRACTICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Tangible Assets

Total
Cost £
At 01 January 2017 204,620
At 31 December 2017 204,620
Depreciation
At 01 January 2017 23,872
Charge for year 3,290
At 31 December 2017 27,162
Net book value
At 31 December 2017 177,458
At 31 December 2016 180,748

FUSION PRACTICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Debtors

2017 2016
££
Debtors due after more than one year: 277,505 459,357

FUSION PRACTICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Current investments

UNLISTED INVESTMENTS £14328

FUSION PRACTICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Creditors: amounts falling due within one year note

Pensions £26561Salary £10985Intercompany Focus Thread £50000 Trade creditors £29555Taxation and social security £71255 Other creditors £121764