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REGISTERED NUMBER: 12853986 (England and Wales)















Financial Statements for the Year Ended 29th February 2024

for

AXYZI LTD

AXYZI LTD (Registered number: 12853986)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AXYZI LTD

Company Information
for the Year Ended 29th February 2024







DIRECTOR: H Estephan





REGISTERED OFFICE: 44-45 Beaufort Court
Admirals Way
London
E14 9XL





REGISTERED NUMBER: 12853986 (England and Wales)





ACCOUNTANTS: Best4Business Accountants & Co. Ltd.
44-45 Beaufort Court
Admirals Way
London
E14 9XL

AXYZI LTD (Registered number: 12853986)

Balance Sheet
29th February 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 255 499

CURRENT ASSETS
Debtors 5 1,003 224
Cash at bank and in hand 1,343 3,543
2,346 3,767
CREDITORS
Amounts falling due within one year 6 (997 ) (48 )
NET CURRENT ASSETS 1,349 3,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,604

4,218

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,504 4,118
1,604 4,218

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 29th October 2024 and were signed by:





H Estephan - Director


AXYZI LTD (Registered number: 12853986)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

AXYZI LTD 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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
Tangible assets are initially measured at cost and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

AXYZI LTD (Registered number: 12853986)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1st March 2023
and 29th February 2024 1,023
DEPRECIATION
At 1st March 2023 524
Charge for year 244
At 29th February 2024 768
NET BOOK VALUE
At 29th February 2024 255
At 28th February 2023 499

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
VAT 305 30
Prepayments 698 194
1,003 224

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Corporation tax - (1 )
Directors' current accounts 997 49
997 48