IRIS Accounts Production v24.2.0.383 08430873 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084308732022-11-30084308732023-11-30084308732022-12-012023-11-30084308732021-11-30084308732021-12-012022-11-30084308732022-11-3008430873ns15:EnglandWales2022-12-012023-11-3008430873ns14:PoundSterling2022-12-012023-11-3008430873ns10:Director12022-12-012023-11-3008430873ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008430873ns10:SmallEntities2022-12-012023-11-3008430873ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008430873ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008430873ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008430873ns10:FullAccounts2022-12-012023-11-3008430873ns10:RegisteredOffice2022-12-012023-11-3008430873ns5:CurrentFinancialInstruments2023-11-3008430873ns5:CurrentFinancialInstruments2022-11-3008430873ns5:Non-currentFinancialInstruments2023-11-3008430873ns5:Non-currentFinancialInstruments2022-11-3008430873ns5:ShareCapital2023-11-3008430873ns5:ShareCapital2022-11-3008430873ns5:RetainedEarningsAccumulatedLosses2023-11-3008430873ns5:RetainedEarningsAccumulatedLosses2022-11-3008430873ns5:PlantMachinery2022-12-012023-11-3008430873ns5:MotorVehicles2022-12-012023-11-3008430873ns5:PlantMachinery2022-11-3008430873ns5:PlantMachinery2023-11-3008430873ns5:PlantMachinery2022-11-3008430873ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-11-3008430873ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-11-3008430873ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-11-3008430873ns5:CostValuation2022-11-3008430873ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3008430873ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3008430873ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-11-3008430873ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-11-3008430873ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-11-3008430873ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-11-3008430873ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-11-3008430873ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-11-30
REGISTERED NUMBER: 08430873 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 November 2023

for

AXZNT Limited

AXZNT Limited (Registered number: 08430873)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AXZNT Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: S G R Green





REGISTERED OFFICE: 14A Huddersfield Road
Brighouse
West Yorkshire
HD6 1JZ





REGISTERED NUMBER: 08430873 (England and Wales)





ACCOUNTANTS: Hope Agar Limited
Chartered Accountants
24a Marsh Street
Rothwell
Leeds
LS26 0BB

AXZNT Limited (Registered number: 08430873)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,186 36,172
Investments 5 200 200
32,386 36,372

CURRENT ASSETS
Stocks 4,700 4,700
Debtors 6 9,003 9,005
Cash at bank and in hand 8,519 17,247
22,222 30,952
CREDITORS
Amounts falling due within one year 7 32,323 20,365
NET CURRENT (LIABILITIES)/ASSETS (10,101 ) 10,587
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,285

46,959

CREDITORS
Amounts falling due after more than one
year

8

28,125

40,043
NET (LIABILITIES)/ASSETS (5,840 ) 6,916

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (5,940 ) 6,816
SHAREHOLDERS' FUNDS (5,840 ) 6,916

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

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

The director acknowledges his 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.

AXZNT Limited (Registered number: 08430873)

Balance Sheet - continued
30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2024 and were signed by:





S G R Green - Director


AXZNT Limited (Registered number: 08430873)

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

1. STATUTORY INFORMATION

AXZNT 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

AXZNT Limited (Registered number: 08430873)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 53,008
Additions 291
At 30 November 2023 53,299
DEPRECIATION
At 1 December 2022 16,836
Charge for year 4,277
At 30 November 2023 21,113
NET BOOK VALUE
At 30 November 2023 32,186
At 30 November 2022 36,172

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 20,292
NET BOOK VALUE
At 30 November 2023 20,292
At 30 November 2022 20,292

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022
and 30 November 2023 200
NET BOOK VALUE
At 30 November 2023 200
At 30 November 2022 200

AXZNT Limited (Registered number: 08430873)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 9,003 5,463
Tax - 3,542
9,003 9,005

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 4,500 4,500
Hire purchase contracts 7,418 1,480
Amounts owed to associates 100 100
Social security and other taxes 1,900 407
VAT 1,399 1,662
Other creditors 10,669 10,669
Directors' loan accounts 4,847 247
Accrued expenses 1,490 1,300
32,323 20,365

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans - 1-2 years 4,500 4,500
Bank loans - 2-5 years 13,500 13,500
Bank loans more 5 yr by instal 10,125 14,625
Hire purchase contracts - 7,418
28,125 40,043

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,125 14,625

9. ULTIMATE CONTROLLING PARTY

The controlling party is S G R Green.