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Company Registration No. 13065625 (England and Wales)
THE AXE CLUB LTD Unaudited accounts for the year ended 31 December 2023
THE AXE CLUB LTD Unaudited accounts Contents
Page
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THE AXE CLUB LTD Company Information for the year ended 31 December 2023
Directors
Visar DURMISHI Valon SADIKU
Company Number
13065625 (England and Wales)
Registered Office
UNIT 4, 29 CHALK FARM ROAD LONDON NW1 8AJ ENGLAND
Accountants
LOC TAX LTD 159a High Street Hornchurch RM11 3YD
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THE AXE CLUB LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,653 
27,980 
Current assets
Debtors
8,212 
1,450 
Cash at bank and in hand
9,175 
9,861 
17,387 
11,311 
Creditors: amounts falling due within one year
(32,940)
(36,639)
Net current liabilities
(15,553)
(25,328)
Net assets
3,100 
2,652 
Capital and reserves
Share premium
2 
2 
Profit and loss account
3,098 
2,650 
Shareholders' funds
3,100 
2,652 
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 12 April 2024 and were signed on its behalf by
Visar DURMISHI Director Company Registration No. 13065625
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THE AXE CLUB LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
THE AXE CLUB LTD is a private company, limited by shares, registered in England and Wales, registration number 13065625. The registered office is UNIT 4, 29 CHALK FARM ROAD, LONDON, NW1 8AJ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% Straight line
Fixtures & fittings
20% Straight line
Computer equipment
20% Straight line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
25,170 
17,090 
4,374 
46,634 
At 31 December 2023
25,170 
17,090 
4,374 
46,634 
Depreciation
At 1 January 2023
10,068 
6,836 
1,750 
18,654 
Charge for the year
5,034 
3,418 
875 
9,327 
At 31 December 2023
15,102 
10,254 
2,625 
27,981 
Net book value
At 31 December 2023
10,068 
6,836 
1,749 
18,653 
At 31 December 2022
15,102 
10,254 
2,624 
27,980 
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THE AXE CLUB LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
212 
- 
Other debtors
8,000 
1,450 
8,212 
1,450 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,636 
2,335 
Loans from directors
29,304 
34,304 
32,940 
36,639 
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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