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REGISTERED NUMBER: 08425842 (England and Wales)




























Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Aztrax Limited

Aztrax Limited (Registered number: 08425842)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aztrax Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: K A Masterson
D Masterson
T Sims





REGISTERED OFFICE: Nortex Business Centre
105 Chorley Old Road
Bolton
BL1 3AS





REGISTERED NUMBER: 08425842 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Aztrax Limited (Registered number: 08425842)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 70,822 84,845

CURRENT ASSETS
Stocks 65,288 70,346
Debtors 5 104,460 42,705
Cash at bank and in hand 94,851 160,972
264,599 274,023
CREDITORS
Amounts falling due within one year 6 91,244 112,796
NET CURRENT ASSETS 173,355 161,227
TOTAL ASSETS LESS CURRENT
LIABILITIES

244,177

246,072

CREDITORS
Amounts falling due after more than one
year

7

-

(3,124

)

PROVISIONS FOR LIABILITIES 9 (17,706 ) (21,211 )
NET ASSETS 226,471 221,737

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 226,371 221,637
SHAREHOLDERS' FUNDS 226,471 221,737

Aztrax Limited (Registered number: 08425842)

Balance Sheet - continued
30 June 2024


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.

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 Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by:





K A Masterson - Director


Aztrax Limited (Registered number: 08425842)

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

1. STATUTORY INFORMATION

Aztrax 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 - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 15% 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.

Aztrax Limited (Registered number: 08425842)

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

2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 98,491 35,619 32,620 166,730
Additions 4,228 - 3,195 7,423
At 30 June 2024 102,719 35,619 35,815 174,153
DEPRECIATION
At 1 July 2023 54,009 17,086 10,790 81,885
Charge for year 13,387 4,633 3,426 21,446
At 30 June 2024 67,396 21,719 14,216 103,331
NET BOOK VALUE
At 30 June 2024 35,323 13,900 21,599 70,822
At 30 June 2023 44,482 18,533 21,830 84,845

Aztrax Limited (Registered number: 08425842)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 July 2023
and 30 June 2024 16,440
DEPRECIATION
At 1 July 2023 5,266
Charge for year 2,793
At 30 June 2024 8,059
NET BOOK VALUE
At 30 June 2024 8,381
At 30 June 2023 11,174

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 95,048 33,348
Other debtors 5,534 5,100
Prepayments 3,878 4,257
104,460 42,705

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 3,124 4,686
Trade creditors 34,970 48,629
Tax 3,625 807
Social security and other taxes 3,107 2,721
VAT 13,965 4,734
Other creditors - 2,576
Net Wages Control Account 475 -
Directors' current accounts - 4,000
Accrued expenses 31,978 44,643
91,244 112,796

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 3,124

Aztrax Limited (Registered number: 08425842)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 3,124 7,810

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 17,706 21,211

Deferred
tax
£   
Balance at 1 July 2023 21,211
Provided during year (3,505 )
Balance at 30 June 2024 17,706

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100