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Company Registration No. 10828325 (England and Wales)
AXXA SOLUTIONS LTD Unaudited accounts for the year ended 30 June 2024
AXXA SOLUTIONS LTD Unaudited accounts Contents
Page
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AXXA SOLUTIONS LTD Company Information for the year ended 30 June 2024
Directors
Ms. Oana Sevy Irina Mccowan Mr. Vasile Coada
Company Number
10828325 (England and Wales)
Registered Office
Unit 1 The Old Quarry Springwell Lane Rickmansworth Hertfordshire WD3 8UX England
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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AXXA SOLUTIONS LTD Accountants' report
Accountants' report to the board of directors of AXXA SOLUTIONS LTD on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AXXA SOLUTIONS LTD for the year ended 30 June 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of AXXA SOLUTIONS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of AXXA SOLUTIONS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AXXA SOLUTIONS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AXXA SOLUTIONS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AXXA SOLUTIONS LTD. You consider that AXXA SOLUTIONS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of AXXA SOLUTIONS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA 26 March 2025
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AXXA SOLUTIONS LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,259 
10,759 
Current assets
Inventories
36,018 
18,968 
Debtors
102,480 
104,428 
Cash at bank and in hand
2,171 
1,756 
140,669 
125,152 
Creditors: amounts falling due within one year
(47,550)
(82,518)
Net current assets
93,119 
42,634 
Total assets less current liabilities
131,378 
53,393 
Creditors: amounts falling due after more than one year
(85,589)
(23,184)
Net assets
45,789 
30,209 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
45,589 
30,009 
Shareholders' funds
45,789 
30,209 
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by
Ms. Oana Sevy Irina Mccowan Director Company Registration No. 10828325
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AXXA SOLUTIONS LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
AXXA SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 10828325. The registered office is Unit 1, The Old Quarry, Springwell Lane, Rickmansworth, Hertfordshire, WD3 8UX, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax 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.
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
20% Reducing Balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
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AXXA SOLUTIONS LTD Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
20,770 
Additions
31,077 
At 30 June 2024
51,847 
Depreciation
At 1 July 2023
10,011 
Charge for the year
3,577 
At 30 June 2024
13,588 
Net book value
At 30 June 2024
38,259 
At 30 June 2023
10,759 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,854 
- 
Trade debtors
2,444 
14,613 
Accrued income and prepayments
- 
13,828 
Other debtors
95,182 
75,987 
102,480 
104,428 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
366 
Trade creditors
41,131 
18,835 
Taxes and social security
34 
2,847 
Other creditors
5,127 
733 
Loans from directors
1,258 
57,997 
Accruals
- 
1,740 
47,550 
82,518 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
987 
1,426 
Obligations under finance leases and hire purchase contracts
36,430 
1,537 
Other creditors
48,172 
20,221 
85,589 
23,184 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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