IRIS Accounts Production v24.2.0.383 09551541 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095515412023-04-30095515412024-04-30095515412023-05-012024-04-30095515412022-04-30095515412022-05-012023-04-30095515412023-04-3009551541ns15:EnglandWales2023-05-012024-04-3009551541ns14:PoundSterling2023-05-012024-04-3009551541ns10:Director12023-05-012024-04-3009551541ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009551541ns10:SmallEntities2023-05-012024-04-3009551541ns10:AuditExemptWithAccountantsReport2023-05-012024-04-3009551541ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009551541ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009551541ns10:FullAccounts2023-05-012024-04-3009551541ns10:RegisteredOffice2023-05-012024-04-3009551541ns5:CurrentFinancialInstruments2024-04-3009551541ns5:CurrentFinancialInstruments2023-04-3009551541ns5:Non-currentFinancialInstruments2024-04-3009551541ns5:Non-currentFinancialInstruments2023-04-3009551541ns5:ShareCapital2024-04-3009551541ns5:ShareCapital2023-04-3009551541ns5:RetainedEarningsAccumulatedLosses2024-04-3009551541ns5:RetainedEarningsAccumulatedLosses2023-04-3009551541ns5:PlantMachinery2023-05-012024-04-3009551541ns5:FurnitureFittings2023-05-012024-04-3009551541ns5:MotorVehicles2023-05-012024-04-3009551541ns5:ComputerEquipment2023-05-012024-04-3009551541ns5:PlantMachinery2023-04-3009551541ns5:FurnitureFittings2023-04-3009551541ns5:MotorVehicles2023-04-3009551541ns5:ComputerEquipment2023-04-3009551541ns5:PlantMachinery2024-04-3009551541ns5:FurnitureFittings2024-04-3009551541ns5:MotorVehicles2024-04-3009551541ns5:ComputerEquipment2024-04-3009551541ns5:PlantMachinery2023-04-3009551541ns5:FurnitureFittings2023-04-3009551541ns5:MotorVehicles2023-04-3009551541ns5:ComputerEquipment2023-04-3009551541ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3009551541ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 09551541 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

AXD ENVIRONMENTAL LIMITED

AXD ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 09551541)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

AXD ENVIRONMENTAL LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTOR: D J Clifford





REGISTERED OFFICE: Vantage House Euxton Lane
Euxton
Chorley
Lancashire
PR7 6TB





REGISTERED NUMBER: 09551541 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House Euxton Lane
Euxton
Chorley
Lancashire
PR7 6TB

AXD ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 09551541)

BALANCE SHEET
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 95,152 14,574

CURRENT ASSETS
Debtors 6 883,100 567,892
Cash at bank and in hand 1,176,919 540,662
2,060,019 1,108,554
CREDITORS
Amounts falling due within one year 7 913,789 388,022
NET CURRENT ASSETS 1,146,230 720,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,241,382

735,106

CREDITORS
Amounts falling due after more than one
year

8

(65,740

)

(1,709

)

PROVISIONS FOR LIABILITIES (26,557 ) (2,769 )
NET ASSETS 1,149,085 730,628

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,148,885 730,428
SHAREHOLDERS' FUNDS 1,149,085 730,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

AXD ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 09551541)

BALANCE SHEET - continued
30 April 2024


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 director and authorised for issue on 22 August 2024 and were signed by:





D J Clifford - Director


AXD ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 09551541)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

AXD Environmental 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Revenue recognition
Revenue is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Employee benefits
Short term employee benefits, including holiday pay, are recognised as an expense in the profit and loss account in the period in which they are incurred.

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

AXD ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 09551541)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


3. ACCOUNTING POLICIES - continued

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 937 5,751 5,472 13,651 25,811
Additions - 1,072 100,244 1,141 102,457
At 30 April 2024 937 6,823 105,716 14,792 128,268
DEPRECIATION
At 1 May 2023 706 3,050 - 7,481 11,237
Charge for year 46 701 19,822 1,310 21,879
At 30 April 2024 752 3,751 19,822 8,791 33,116
NET BOOK VALUE
At 30 April 2024 185 3,072 85,894 6,001 95,152
At 30 April 2023 231 2,701 5,472 6,170 14,574

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 874,351 559,363
Other debtors 6,524 1,524
Prepayments 2,225 7,005
883,100 567,892

AXD ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 09551541)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 5,278 -
Trade creditors 650,690 239,681
Tax 162,572 82,475
Social security and other taxes 22,151 12,706
VAT 56,536 35,724
Other creditors 87 961
Accruals and deferred income 16,475 16,475
913,789 388,022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 65,407 -
Directors loan account 333 1,709
65,740 1,709

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AXD ENVIRONMENTAL LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AXD Environmental Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of AXD Environmental Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AXD Environmental Limited and state those matters that we have agreed to state to the director of AXD Environmental Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AXD Environmental Limited and its director for our work or for this report.

It is your duty to ensure that AXD Environmental Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AXD Environmental Limited. You consider that AXD Environmental Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AXD Environmental Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House Euxton Lane
Euxton
Chorley
Lancashire
PR7 6TB


22 August 2024