Company Registration No. 11894939 (England and Wales)
Axelcare Ltd
Unaudited accounts
for the year ended 31 March 2023
Axelcare Ltd
Unaudited accounts
Contents
Axelcare Ltd
Company Information
for the year ended 31 March 2023
Company Number
11894939 (England and Wales)
Registered Office
FLAT 9, TEMPLE FORTUNE MANSIONS
BRIDGE LANE
LONDON
NW11 0QR
UNITED KINGDOM
Accountants
Levensons Ltd
111 Rico House
George St
Prestwich
Lancs
M25 9WS
Axelcare Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
736,067
737,529
Cash at bank and in hand
197,558
96,314
Creditors: amounts falling due within one year
(677,233)
(571,185)
Net current liabilities
(458,959)
(413,885)
Net assets
277,108
323,644
Called up share capital
100
100
Profit and loss account
277,008
323,544
Shareholders' funds
277,108
323,644
For the year ending 31 March 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 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 28 March 2024 and were signed on its behalf by
Mr M Hommel
Director
Company Registration No. 11894939
Axelcare Ltd
Notes to the Accounts
for the year ended 31 March 2023
Axelcare Ltd is a private company, limited by shares, registered in England and Wales, registration number 11894939. The registered office is FLAT 9, TEMPLE FORTUNE MANSIONS, BRIDGE LANE, LONDON, NW11 0QR, 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:
Other tangible fixed assets
25
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2022
734,639
6,383
741,022
At 31 March 2023
734,639
6,383
741,022
At 1 April 2022
-
3,493
3,493
Charge for the year
-
1,462
1,462
At 31 March 2023
-
4,955
4,955
At 31 March 2023
734,639
1,428
736,067
At 31 March 2022
734,639
2,890
737,529
Axelcare Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
20,984
58,195
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
636,515
492,846
Taxes and social security
13,707
48,623
Other creditors
6,241
14,451
Loans from directors
20,770
15,265
7
Average number of employees
During the year the average number of employees was 22 (2022: 22).