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REGISTERED NUMBER: 13478607 (England and Wales)















Axiom Markets Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024






Axiom Markets Ltd (Registered number: 13478607)






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


Axiom Markets Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: M Ciubotariu
T Short





REGISTERED OFFICE: Finchley Park
Emmet Hill Lane
Laddingford
Kent
ME18 6BG





REGISTERED NUMBER: 13478607 (England and Wales)





ACCOUNTANTS: VCS Accountancy Ltd
Finchley Park
Emmet Hill Lane
Laddingford
Kent
ME18 6BG

Axiom Markets Ltd (Registered number: 13478607)

Balance Sheet
30 June 2024

30/6/24 30/6/23
Notes £ £
FIXED ASSETS
Tangible assets 4 3,141 5,358
Investments 5 185,319 189,264
188,460 194,622

CURRENT ASSETS
Debtors 6 63,953 139,625
Cash in hand 2,664,660 66,650
2,728,613 206,275
CREDITORS
Amounts falling due within one year 7 (2,917,071 ) (342,223 )
NET CURRENT LIABILITIES (188,458 ) (135,948 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2

58,674

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1 58,673
2 58,674

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.

Axiom Markets Ltd (Registered number: 13478607)

Balance Sheet - 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 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 20 January 2025 and were signed on its behalf by:





M Ciubotariu - Director


Axiom Markets Ltd (Registered number: 13478607)

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

1. STATUTORY INFORMATION

Axiom Markets 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.

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 etc - 25% straight line

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Axiom Markets Ltd (Registered number: 13478607)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 July 2023 9,377
Additions 169
At 30 June 2024 9,546
DEPRECIATION
At 1 July 2023 4,019
Charge for year 2,386
At 30 June 2024 6,405
NET BOOK VALUE
At 30 June 2024 3,141
At 30 June 2023 5,358

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1 July 2023 189,264
Disposals (3,945 )
At 30 June 2024 185,319
NET BOOK VALUE
At 30 June 2024 185,319
At 30 June 2023 189,264

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£ £
Amounts owed by group undertakings - 117,883
Other debtors 63,953 21,742
63,953 139,625

Axiom Markets Ltd (Registered number: 13478607)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£ £
Trade creditors 260,514 191,397
Amounts owed to group undertakings 1,802,086 -
Taxation and social security 763,386 76,530
Other creditors 91,085 74,296
2,917,071 342,223

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

30/6/24 30/6/23
£ £
T Short
Balance outstanding at start of year (128 ) -
Amounts advanced 2,231,529 45,180
Amounts repaid (2,224,642 ) (45,308 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,759 (128 )