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REGISTERED NUMBER: 01216056 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 June 2023

for

Axon Garside & Company Limited

Axon Garside & Company Limited (Registered number: 01216056)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Axon Garside & Company Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: I Guiver
Mrs C M Guiver
Ms A E Luttman-Johnson



SECRETARY: I Guiver



REGISTERED OFFICE: 3 Ollerenshaw Hall
Eccles Road
Whaley Bridge
High Peak
Derbyshire
SK23 7EW



REGISTERED NUMBER: 01216056 (England and Wales)



ACCOUNTANTS: TF & Partners Ltd t/a Hatherlows
Chartered Accountants
The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY



BANKERS: Lloyds TSB
2 Great Underbank
Stockport
Greater Manchester
SK1 1LW

Axon Garside & Company Limited (Registered number: 01216056)

Statement of Financial Position
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 35,028 33,501

CURRENT ASSETS
Debtors 6 484,108 174,997
Cash at bank and in hand 402,964 765,114
887,072 940,111
CREDITORS
Amounts falling due within one year 7 158,187 358,182
NET CURRENT ASSETS 728,885 581,929
TOTAL ASSETS LESS CURRENT
LIABILITIES

763,913

615,430

PROVISIONS FOR LIABILITIES 6,589 6,284
NET ASSETS 757,324 609,146

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 757,224 609,046
SHAREHOLDERS' FUNDS 757,324 609,146

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Axon Garside & Company Limited (Registered number: 01216056)

Statement of Financial Position - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by:





I Guiver - Director


Axon Garside & Company Limited (Registered number: 01216056)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Axon Garside & Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Axon Garside & Company Limited (Registered number: 01216056)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2022 - 12 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 July 2022 96,495 153,530 250,025
Additions 7,056 - 7,056
At 30 June 2023 103,551 153,530 257,081
DEPRECIATION
At 1 July 2022 72,044 144,480 216,524
Charge for year 4,171 1,358 5,529
At 30 June 2023 76,215 145,838 222,053
NET BOOK VALUE
At 30 June 2023 27,336 7,692 35,028
At 30 June 2022 24,451 9,050 33,501

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 125,688 152,374
Other debtors 358,420 22,623
484,108 174,997

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,050 8,264
Taxation and social security 111,570 296,849
Other creditors 41,567 53,069
158,187 358,182

Axon Garside & Company Limited (Registered number: 01216056)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2023 and 30 June 2022:

2023 2022
£    £   
I Guiver
Balance outstanding at start of year (604 ) (604 )
Amounts advanced 175,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 174,396 (604 )

Mrs C M Guiver
Balance outstanding at start of year - -
Amounts advanced 175,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 175,000 -

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £105,177 were paid to the directors .

10. POST BALANCE SHEET EVENTS

The financial statements were authorised for issue by the directors on 24 November 2023.

11. ULTIMATE CONTROLLING PARTY

The controlling party is the company's directors, I Guiver & Mrs C Guiver acting in concert.

The ultimate controlling party is the company's directors, I Guiver & Mrs C Guiver acting in concert.