Company Registration No. 12146391 (England and Wales)
AX10 GROUP LTD
Unaudited accounts
for the year ended 31 August 2022
AX10 GROUP LTD
Unaudited accounts
Contents
AX10 GROUP LTD
Company Information
for the year ended 31 August 2022
Company Number
12146391 (England and Wales)
Registered Office
INTERNATIONAL HOUSE
24 HOLBORN VIADUCT
LONDON
EC1A 2BN
UNITED KINGDOM
Accountants
Tarpon Limited
Advantage Business Centre
132-134 Great Ancoats Street
Manchester
Greater Manchester
M4 6DE
AX10 GROUP LTD
Statement of financial position
as at 31 August 2022
Tangible assets
1,613
2,327
Cash at bank and in hand
12,978
10,530
Creditors: amounts falling due within one year
(5,881)
(3,230)
Net current assets
19,946
13,488
Called up share capital
1
1
Profit and loss account
21,558
15,814
Shareholders' funds
21,559
15,815
For the year ending 31 August 2022 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.
The financial statements were approved by the Board and authorised for issue on 3 September 2022 and were signed on its behalf by
Luke AXTEN
Director
Company Registration No. 12146391
AX10 GROUP LTD
Notes to the Accounts
for the year ended 31 August 2022
AX10 GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 12146391. The registered office is INTERNATIONAL HOUSE, 24 HOLBORN VIADUCT, LONDON, EC1A 2BN, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Fixtures & fittings
25% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
225
1,356
2,487
4,068
At 31 August 2022
829
1,432
2,487
4,748
At 1 September 2021
56
339
1,346
1,741
Charge for the year
207
358
829
1,394
At 31 August 2022
263
697
2,175
3,135
At 31 August 2022
566
735
312
1,613
At 31 August 2021
169
1,017
1,141
2,327
5
Debtors: amounts falling due within one year
2022
2021
AX10 GROUP LTD
Notes to the Accounts
for the year ended 31 August 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
5,881
3,230
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).