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Company Registration No. 10719928 (England and Wales)
Axel Hospitality Limited Unaudited accounts for the year ended 28 April 2024
Axel Hospitality Limited Unaudited accounts Contents
Page
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Axel Hospitality Limited Company Information for the year ended 28 April 2024
Director
Aasif Iqbal Shaikh
Company Number
10719928 (England and Wales)
Registered Office
SWAN HOUSE ASSURANCE OFFICE,146-147, ST. HELENS ROA SWANSEA SA1 4DE UNITED KINGDOM
Accountants
Assurance Accountancy Ltd Assurance Office, Swan House 146-147 St Helens Road Swansea SA1 4DE
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Axel Hospitality Limited Statement of financial position as at 28 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
89,644 
- 
Current assets
Debtors
80,793 
19,471 
Cash at bank and in hand
- 
39,335 
80,793 
58,806 
Creditors: amounts falling due within one year
(170,934)
(50,586)
Net current (liabilities)/assets
(90,141)
8,220 
Net (liabilities)/assets
(497)
8,220 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(498)
8,219 
Shareholders' funds
(497)
8,220 
For the year ending 28 April 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 28 January 2025 and were signed on its behalf by
Aasif Iqbal Shaikh Director Company Registration No. 10719928
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Axel Hospitality Limited Notes to the Accounts for the year ended 28 April 2024
1
Statutory information
Axel Hospitality Limited is a private company, limited by shares, registered in England and Wales, registration number 10719928. The registered office is SWAN HOUSE, ASSURANCE OFFICE,146-147, ST. HELENS ROA, SWANSEA, SA1 4DE, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 29 April 2023
- 
Additions
89,644 
At 28 April 2024
89,644 
Depreciation
At 28 April 2024
- 
Net book value
At 28 April 2024
89,644 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,422 
- 
Trade debtors
79,100 
19,200 
Other debtors
271 
271 
80,793 
19,471 
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Axel Hospitality Limited Notes to the Accounts for the year ended 28 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
12,296 
13,875 
VAT
- 
1,433 
Trade creditors
62,400 
9,600 
Taxes and social security
1,709 
- 
Other creditors
2,095 
- 
Loans from directors
90,414 
24,378 
Accruals
2,020 
1,300 
170,934 
50,586 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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