Company Registration No. 14311510 (England and Wales)
Aksel Solutions Limited
Unaudited accounts
for the year ended 31 August 2024
Aksel Solutions Limited
Unaudited accounts
Contents
Aksel Solutions Limited
Company Information
for the year ended 31 August 2024
Company Number
14311510 (England and Wales)
Registered Office
61 Bridge Street
Kington
Herefordshire
HR5 3DJ
United Kingdom
Aksel Solutions Limited
Statement of financial position
as at 31 August 2024
Tangible assets
832,975
589,836
Inventories
203,922
483,719
Cash at bank and in hand
473,811
362,089
Creditors: amounts falling due within one year
(190,665)
(265,100)
Net current assets
601,157
822,796
Total assets less current liabilities
1,434,132
1,412,632
Creditors: amounts falling due after more than one year
-
(487,470)
Net assets
1,434,132
925,162
Called up share capital
100
100
Profit and loss account
1,434,032
925,062
Shareholders' funds
1,434,132
925,162
For the year ending 31 August 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 31 May 2025 and were signed on its behalf by
Michael Jones
Director
Company Registration No. 14311510
Aksel Solutions Limited
Notes to the Accounts
for the year ended 31 August 2024
Aksel Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 14311510. The registered office is 61 Bridge Street, Kington, Herefordshire, HR5 3DJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 September 2023
228,271
132,760
199,726
30,171
98,112
689,040
Additions
190,928
78,760
90,283
15,267
16,272
391,510
At 31 August 2024
419,199
211,520
290,009
45,438
114,384
1,080,550
At 1 September 2023
11,213
19,514
39,335
6,014
23,128
99,204
Charge for the year
20,959
31,728
58,001
9,087
28,596
148,371
At 31 August 2024
32,172
51,242
97,336
15,101
51,724
247,575
At 31 August 2024
387,027
160,278
192,673
30,337
62,660
832,975
At 31 August 2023
217,058
113,246
160,391
24,157
74,984
589,836
Amounts falling due within one year
Trade debtors
114,089
242,088
Aksel Solutions Limited
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
21,009
48,111
Taxes and social security
169,656
216,989
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).