2022-07-012023-06-302023-06-30false12675970AXIOM INVESTMENT SERVICES LTD2023-09-2970229iso4217:GBPxbrli:pure126759702022-07-01126759702023-06-30126759702022-07-012023-06-30126759702021-07-01126759702022-06-30126759702021-07-012022-06-3012675970bus:SmallEntities2022-07-012023-06-3012675970bus:AuditExempt-NoAccountantsReport2022-07-012023-06-3012675970bus:AbridgedAccounts2022-07-012023-06-3012675970bus:PrivateLimitedCompanyLtd2022-07-012023-06-3012675970core:WithinOneYear2023-06-3012675970core:AfterOneYear2023-06-3012675970core:WithinOneYear2022-06-3012675970core:AfterOneYear2022-06-3012675970core:ShareCapital2023-06-3012675970core:SharePremium2023-06-3012675970core:RevaluationReserve2023-06-3012675970core:OtherReservesSubtotal2023-06-3012675970core:RetainedEarningsAccumulatedLosses2023-06-3012675970core:ShareCapital2022-06-3012675970core:SharePremium2022-06-3012675970core:RevaluationReserve2022-06-3012675970core:OtherReservesSubtotal2022-06-3012675970core:RetainedEarningsAccumulatedLosses2022-06-3012675970core:LandBuildings2023-06-3012675970core:PlantMachinery2023-06-3012675970core:Vehicles2023-06-3012675970core:FurnitureFittings2023-06-3012675970core:OfficeEquipment2023-06-3012675970core:NetGoodwill2023-06-3012675970core:IntangibleAssetsOtherThanGoodwill2023-06-3012675970core:ListedExchangeTraded2023-06-3012675970core:UnlistedNon-exchangeTraded2023-06-3012675970core:LandBuildings2022-06-3012675970core:PlantMachinery2022-06-3012675970core:Vehicles2022-06-3012675970core:FurnitureFittings2022-06-3012675970core:OfficeEquipment2022-06-3012675970core:NetGoodwill2022-06-3012675970core:IntangibleAssetsOtherThanGoodwill2022-06-3012675970core:ListedExchangeTraded2022-06-3012675970core:UnlistedNon-exchangeTraded2022-06-3012675970core:LandBuildings2022-07-012023-06-3012675970core:PlantMachinery2022-07-012023-06-3012675970core:Vehicles2022-07-012023-06-3012675970core:FurnitureFittings2022-07-012023-06-3012675970core:OfficeEquipment2022-07-012023-06-3012675970core:NetGoodwill2022-07-012023-06-3012675970core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3012675970core:ListedExchangeTraded2022-07-012023-06-3012675970core:UnlistedNon-exchangeTraded2022-07-012023-06-3012675970core:MoreThanFiveYears2022-07-012023-06-3012675970core:Non-currentFinancialInstruments2023-06-3012675970core:Non-currentFinancialInstruments2022-06-3012675970dpl:CostSales2022-07-012023-06-3012675970dpl:DistributionCosts2022-07-012023-06-3012675970dpl:AdministrativeExpenses2022-07-012023-06-3012675970core:LandBuildings2022-07-012023-06-3012675970core:PlantMachinery2022-07-012023-06-3012675970core:Vehicles2022-07-012023-06-3012675970core:FurnitureFittings2022-07-012023-06-3012675970core:OfficeEquipment2022-07-012023-06-3012675970core:NetGoodwill2022-07-012023-06-3012675970core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3012675970dpl:GroupUndertakings2022-07-012023-06-3012675970dpl:ParticipatingInterests2022-07-012023-06-3012675970dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3012675970core:ListedExchangeTraded2022-07-012023-06-3012675970dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3012675970core:UnlistedNon-exchangeTraded2022-07-012023-06-3012675970dpl:CostSales2021-07-012022-06-3012675970dpl:DistributionCosts2021-07-012022-06-3012675970dpl:AdministrativeExpenses2021-07-012022-06-3012675970core:LandBuildings2021-07-012022-06-3012675970core:PlantMachinery2021-07-012022-06-3012675970core:Vehicles2021-07-012022-06-3012675970core:FurnitureFittings2021-07-012022-06-3012675970core:OfficeEquipment2021-07-012022-06-3012675970core:NetGoodwill2021-07-012022-06-3012675970core:IntangibleAssetsOtherThanGoodwill2021-07-012022-06-3012675970dpl:GroupUndertakings2021-07-012022-06-3012675970dpl:ParticipatingInterests2021-07-012022-06-3012675970dpl:GroupUndertakingscore:ListedExchangeTraded2021-07-012022-06-3012675970core:ListedExchangeTraded2021-07-012022-06-3012675970dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-07-012022-06-3012675970core:UnlistedNon-exchangeTraded2021-07-012022-06-3012675970core:NetGoodwill2023-06-3012675970core:IntangibleAssetsOtherThanGoodwill2023-06-3012675970core:LandBuildings2023-06-3012675970core:PlantMachinery2023-06-3012675970core:Vehicles2023-06-3012675970core:FurnitureFittings2023-06-3012675970core:OfficeEquipment2023-06-3012675970core:AfterOneYear2023-06-3012675970core:WithinOneYear2023-06-3012675970core:ListedExchangeTraded2023-06-3012675970core:UnlistedNon-exchangeTraded2023-06-3012675970core:ShareCapital2023-06-3012675970core:SharePremium2023-06-3012675970core:RevaluationReserve2023-06-3012675970core:OtherReservesSubtotal2023-06-3012675970core:RetainedEarningsAccumulatedLosses2023-06-3012675970core:NetGoodwill2022-06-3012675970core:IntangibleAssetsOtherThanGoodwill2022-06-3012675970core:LandBuildings2022-06-3012675970core:PlantMachinery2022-06-3012675970core:Vehicles2022-06-3012675970core:FurnitureFittings2022-06-3012675970core:OfficeEquipment2022-06-3012675970core:AfterOneYear2022-06-3012675970core:WithinOneYear2022-06-3012675970core:ListedExchangeTraded2022-06-3012675970core:UnlistedNon-exchangeTraded2022-06-3012675970core:ShareCapital2022-06-3012675970core:SharePremium2022-06-3012675970core:RevaluationReserve2022-06-3012675970core:OtherReservesSubtotal2022-06-3012675970core:RetainedEarningsAccumulatedLosses2022-06-3012675970core:NetGoodwill2021-07-0112675970core:IntangibleAssetsOtherThanGoodwill2021-07-0112675970core:LandBuildings2021-07-0112675970core:PlantMachinery2021-07-0112675970core:Vehicles2021-07-0112675970core:FurnitureFittings2021-07-0112675970core:OfficeEquipment2021-07-0112675970core:AfterOneYear2021-07-0112675970core:WithinOneYear2021-07-0112675970core:ListedExchangeTraded2021-07-0112675970core:UnlistedNon-exchangeTraded2021-07-0112675970core:ShareCapital2021-07-0112675970core:SharePremium2021-07-0112675970core:RevaluationReserve2021-07-0112675970core:OtherReservesSubtotal2021-07-0112675970core:RetainedEarningsAccumulatedLosses2021-07-0112675970core:AfterOneYear2022-07-012023-06-3012675970core:WithinOneYear2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:CostValuation2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3012675970core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3012675970core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3012675970core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3012675970core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3012675970core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3012675970core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3012675970core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3012675970core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3012675970core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3012675970core:Non-currentFinancialInstrumentscore:CostValuation2022-06-3012675970core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-3012675970core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-3012675970core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-3012675970core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-3012675970core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-3012675970core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-3012675970core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-3012675970core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-3012675970bus:Director12022-07-012023-06-3012675970bus:Director22022-07-012023-06-3012675970bus:Director32022-07-012023-06-30126759701bus:Director22022-07-01126759701bus:Director22022-07-012023-06-30126759701bus:Director22023-06-30126759702bus:Director32022-07-01126759702bus:Director32022-07-012023-06-30126759702bus:Director32023-06-30126759703bus:Director12022-07-01126759703bus:Director12022-07-012023-06-30126759703bus:Director12023-06-30126759702022-07-01126759702022-07-012023-06-30126759702023-06-30

AXIOM INVESTMENT SERVICES LTD

Registered Number
12675970
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2023

AXIOM INVESTMENT SERVICES LTD
Company Information
for the year from 1 July 2022 to 30 June 2023

Directors

COOK, William Robert
FLATT, Gail Eva
POWER, Jack Henry

Registered Address

Anchor House School Lane
Chandlers Ford
Eastleigh
SO53 4DY

Registered Number

12675970 (England and Wales)
AXIOM INVESTMENT SERVICES LTD
Balance Sheet as at
30 June 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5295475
Investments645,911-
46,206475
Current assets
Debtors868,27869,807
Cash at bank and on hand164,613249,138
232,891318,945
Creditors amounts falling due within one year9(40,120)(62,017)
Net current assets (liabilities)192,771256,928
Total assets less current liabilities238,977257,403
Net assets238,977257,403
Capital and reserves
Called up share capital1,0001,000
Profit and loss account237,977256,403
Shareholders' funds238,977257,403
The financial statements were approved and authorised for issue by the Board of Directors on 29 September 2023, and are signed on its behalf by:
COOK, William Robert
Director
FLATT, Gail Eva
Director
POWER, Jack Henry
Director

Registered Company No. 12675970
AXIOM INVESTMENT SERVICES LTD
Notes to the Financial Statements
for the year ended 30 June 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
Revenue recognition policy
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year33
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 July 22965
At 30 June 23965
Depreciation and impairment
At 01 July 22489
Charge for year181
At 30 June 23670
Net book value
At 30 June 23295
At 30 June 22475
6.Fixed asset investments

Total

£
Cost or valuation
Additions45,911
At 30 June 2345,911
Net book value
At 30 June 2345,911
At 30 June 22-
7.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
FLATT, Gail Eva(470)48,29947,8290
POWER, Jack Henry(25)71,69771,6720
COOK, William Robert(5)73,35273,3470
(500)193,348192,8480
8.Debtors

2023

2022

££
Trade debtors / trade receivables65,66460,463
Other debtors2,6142,382
Prepayments and accrued income-6,962
Total68,27869,807
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables10,0506,178
Amounts owed to related parties-500
Taxation and social security26,45924,955
Accrued liabilities and deferred income3,61130,384
Total40,12062,017
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.