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REGISTERED NUMBER: 01216056 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 June 2024

for

Axon Garside & Company Limited

Axon Garside & Company Limited (Registered number: 01216056)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Axon Garside & Company Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: I Guiver
Mrs C M Guiver
Ms A E Luttman-Johnson



SECRETARY: I Guiver



REGISTERED OFFICE: 3 Ollerenshaw Hall
Eccles Road
Whaley Bridge
High Peak
Derbyshire
SK23 7EW



REGISTERED NUMBER: 01216056 (England and Wales)



ACCOUNTANTS: TF & Partners Ltd t/a Hatherlows
Chartered Accountants
The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY



BANKERS: Lloyds TSB
2 Great Underbank
Stockport
Greater Manchester
SK1 1LW

Axon Garside & Company Limited (Registered number: 01216056)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 36,150 35,028

CURRENT ASSETS
Debtors 6 285,852 484,108
Cash at bank and in hand 341,209 402,964
627,061 887,072
CREDITORS
Amounts falling due within one year 7 106,649 158,187
NET CURRENT ASSETS 520,412 728,885
TOTAL ASSETS LESS CURRENT
LIABILITIES

556,562

763,913

PROVISIONS FOR LIABILITIES - 6,589
NET ASSETS 556,562 757,324

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 556,462 757,224
SHAREHOLDERS' FUNDS 556,562 757,324

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Axon Garside & Company Limited (Registered number: 01216056)

Statement of Financial Position - continued
30 June 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 Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:





I Guiver - Director


Axon Garside & Company Limited (Registered number: 01216056)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Axon Garside & Company 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

Axon Garside & Company Limited (Registered number: 01216056)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


3. ACCOUNTING POLICIES - continued

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 21 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 July 2023 103,551 153,530 257,081
Additions 5,148 2,110 7,258
At 30 June 2024 108,699 155,640 264,339
DEPRECIATION
At 1 July 2023 76,215 145,838 222,053
Charge for year 4,745 1,391 6,136
At 30 June 2024 80,960 147,229 228,189
NET BOOK VALUE
At 30 June 2024 27,739 8,411 36,150
At 30 June 2023 27,336 7,692 35,028

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 249,316 125,688
Other debtors 36,536 358,420
285,852 484,108

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,826 5,050
Taxation and social security 55,582 111,570
Other creditors 38,241 41,567
106,649 158,187

Axon Garside & Company Limited (Registered number: 01216056)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
I Guiver
Balance outstanding at start of year 174,396 (604 )
Amounts advanced - 175,000
Amounts repaid (175,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (604 ) 174,396

Mrs C M Guiver
Balance outstanding at start of year 175,000 -
Amounts advanced - 175,000
Amounts repaid (175,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 175,000

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £129,860 (2023 - £105,177) were paid to the directors .

10. POST BALANCE SHEET EVENTS

The financial statements were authorised for issue by the directors on 17 September 2024.

11. ULTIMATE CONTROLLING PARTY

The controlling party is the company's directors, I Guiver & Mrs C Guiver acting in concert.

The ultimate controlling party is the company's directors, I Guiver & Mrs C Guiver acting in concert.