Company Registration No. 11233153 (England and Wales)
AXP ANGES ET PECHEURS LTD
Unaudited accounts
for the year ended 31 March 2024
AXP ANGES ET PECHEURS LTD
Unaudited accounts
Contents
AXP ANGES ET PECHEURS LTD
Company Information
for the year ended 31 March 2024
Director
Mr Marvin Beedassee
Company Number
11233153 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
UK
AXP ANGES ET PECHEURS LTD
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
39
10
Creditors: amounts falling due within one year
(6,723)
(5,333)
Net current liabilities
(5,354)
(3,991)
Net liabilities
(5,269)
(3,878)
Called up share capital
1
1
Profit and loss account
(5,270)
(3,879)
Shareholders' funds
(5,269)
(3,878)
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 27 November 2024 and were signed on its behalf by
Mr Marvin Beedassee
Director
Company Registration No. 11233153
AXP ANGES ET PECHEURS LTD
Notes to the Accounts
for the year ended 31 March 2024
AXP ANGES ET PECHEURS LTD is a private company, limited by shares, registered in England and Wales, registration number 11233153. The registered office is 20-22 Wenlock Road, London, N1 7GU, UK.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
At the balance sheet date, the company's liabilities exceeded its assets by £5,269 (2023 - £3,878). The company continues to obtain profitable sales and the directors are confident of a return to solvency in the foreseeable future. In the circumstances, these financial statements have been prepared on a going concern basis.
AXP ANGES ET PECHEURS LTD
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
6,723
5,333
6
Transactions with related parties
Mr M Beedassse is the director of the company and owns 100% of the
issued share capital.
At the balance sheet date, the company owed £6,723 (2023 - £5,333) to the director.
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).