AXEL SPORTS LTD

Company Registration Number:
14755117 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 24 March 2023

End date: 31 March 2024

AXEL SPORTS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

AXEL SPORTS LTD

Profit And Loss Account

for the Period Ended 31 March 2024

2024


£
Turnover: 2,542
Cost of sales: ( 792 )
Gross profit(or loss): 1,750
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 1,750
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 1,750
Tax: 0
Profit(or loss) for the financial year: 1,750

AXEL SPORTS LTD

Balance sheet

As at 31 March 2024

Notes 2024


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 150
Tangible assets: 4 500
Investments:   0
Total fixed assets: 650
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 2,387
Investments:   0
Total current assets: 2,387
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 2,387
Total assets less current liabilities: 3,037
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 3,037
Capital and reserves
Called up share capital: 3,037
Share premium account: 0
Other reserves: 0
Profit and loss account: 0
Total Shareholders' funds: 3,037

The notes form part of these financial statements

AXEL SPORTS LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 23 December 2024
and signed on behalf of the board by:

Name: JOSHUA CARPENTER
Status: Director

The notes form part of these financial statements

AXEL SPORTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

AXEL SPORTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024
    Average number of employees during the period 1

AXEL SPORTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 150 150
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 March 2024 150 150
Amortisation
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 31 March 2024 0 0
Net book value
At 31 March 2024 150 150

AXEL SPORTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 500 500
Disposals
Revaluations
Transfers
At 31 March 2024 500 500
Depreciation
Charge for year
On disposals
Other adjustments
At 31 March 2024
Net book value
At 31 March 2024 500 500