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
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
THE AXE CLUB LTD
Statement of financial position
as at 31 December 2023
Tangible assets
18,653
27,980
Cash at bank and in hand
9,175
9,861
Creditors: amounts falling due within one year
(32,940)
(36,639)
Net current liabilities
(15,553)
(25,328)
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
THE AXE CLUB LTD
Notes to the Accounts
for the year ended 31 December 2023
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.
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
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
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
At 31 December 2023
10,068
6,836
1,749
18,653
At 31 December 2022
15,102
10,254
2,624
27,980
THE AXE CLUB LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
29,304
34,304
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).