FUSION 21 FOUNDATION

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +5.8%

  £12,194,098 → £12,897,975

• Cash

  +5.8%

  £4,835,457 → £5,117,581

• Net assets

  +28.8%

  £18,556,550 → £23,904,771

• Employees

  -1.4%

  72 → 71

• Wages

  -5.6%

  £3,792,117 → £3,579,647

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Mitchell Charlesworth (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. FUSION 21 FOUNDATION · parent
   1. Fusion 21 Limited 100% · England & Wales · Public sector member support
   2. Fusion 21 Asset Management Ltd 100% · England & Wales · Development of building projects
   3. Fusion 21 Trading Ltd 100% · England & Wales · Dormant
   4. CoreHaus Ltd 75.7% · England & Wales · Offsite construction

Significant events

• “This year has marked a period of significant growth, innovation, and ambition for the Fusion21 Group.”
• “This year has marked significant progress for the Fusion21 Foundation. The ambitions we set last year have been exceeded, and our vision to be a flexible, responsive funder that listens, adapts, and leads - has taken shape through our impactful work and the partnerships we've developed.”
• “Our £300,000 grant to HACT at the end of 2023/24 enabled the launch of the HACT Fuel Fund in spring 2024. The funding supported two targeted initiatives: a debt reduction fund for residents in the 63 Local Authorities with the highest hardship index scores (via Fusion21 member referrals only), and a dedicated fund for British Gas customers accessible through 180 referral organisations.”
• “In January, we began a three-year commitment to support baby bank charity Little Village in expanding their hospital partnership programme.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.