Company Registration No. 09326241 (England and Wales)
FUSION RETRO BOOKS LTD
Unaudited accounts
for the year ended 30 November 2017
FUSION RETRO BOOKS LTD
Unaudited accounts
Contents
FUSION RETRO BOOKS LTD
Company Information
for the year ended 30 November 2017
Company Number
09326241 (England and Wales)
Registered Office
51 DENCER DRIVE
KENILWORTH
WARWICKSHIRE
CV8 2QR
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
FUSION RETRO BOOKS LTD
Statement of financial position
as at
30 November 2017
Tangible assets
3,149
1,215
Inventories
51,556
46,154
Cash at bank and in hand
15,567
45,847
Creditors: amounts falling due within one year
(7,493)
(32,702)
Net current assets
59,630
59,299
Called up share capital
1
1
Profit and loss account
62,778
60,513
Shareholders' funds
62,779
60,514
For the year ending 30 November 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 August 2018.
Chris Wilkins
Director
Company Registration No. 09326241
FUSION RETRO BOOKS LTD
Notes to the Accounts
for the year ended 30 November 2017
FUSION RETRO BOOKS LTD is a private company, limited by shares, registered in England and Wales, registration number 09326241. The registered office is 51 DENCER DRIVE, KENILWORTH, WARWICKSHIRE, CV8 2QR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
FUSION RETRO BOOKS LTD
Notes to the Accounts
for the year ended 30 November 2017
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 30 November 2017
4,452
Charge for the year
1,049
At 30 November 2017
1,303
At 30 November 2017
3,149
At 30 November 2016
1,215
Finished goods
51,556
46,154
6
Creditors: amounts falling due within one year
2017
2016
Trade creditors
1,223
1,281
Taxes and social security
79
10,893
Other creditors
6,191
20,528
7
Share capital
2017
2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).