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REGISTERED NUMBER: 06958173 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

AXIS RDB LIMITED

AXIS RDB LIMITED (REGISTERED NUMBER: 06958173)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 6


AXIS RDB LIMITED

COMPANY INFORMATION
For The Year Ended 31 July 2024







DIRECTORS: R V Keeling
M Allum
J M Hillman





REGISTERED OFFICE: 32 Sun Street
Biggleswade
Bedfordshire
SG18 OBP





REGISTERED NUMBER: 06958173 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

AXIS RDB LIMITED (REGISTERED NUMBER: 06958173)

BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,813 9,289

CURRENT ASSETS
Debtors 5 285,723 258,598
Cash at bank 27,835 -
313,558 258,598
CREDITORS
Amounts falling due within one year 6 316,380 243,133
NET CURRENT (LIABILITIES)/ASSETS (2,822 ) 15,465
TOTAL ASSETS LESS CURRENT LIABILITIES 3,991 24,754

PROVISIONS FOR LIABILITIES 8 1,703 2,322
NET ASSETS 2,288 22,432

CAPITAL AND RESERVES
Called up share capital 9 1,002 1,002
Retained earnings 1,286 21,430
SHAREHOLDERS' FUNDS 2,288 22,432

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 19 June 2025 and were signed on its behalf by:




R V Keeling - Director


AXIS RDB LIMITED (REGISTERED NUMBER: 06958173)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024


1. STATUTORY INFORMATION

Axis RDB Limited 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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods & services falling within the company's ordinary activities.

In respect of contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of contracts for on-going services is recognised by reference to the stage of completion. Work completed by the year end not invoiced is included in debtors.

Retention income is recognised when received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance

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.

AXIS RDB LIMITED (REGISTERED NUMBER: 06958173)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 2,353 5,394 32,845 40,592
DEPRECIATION
At 1 August 2023 2,205 4,913 24,185 31,303
Charge for year 36 275 2,165 2,476
At 31 July 2024 2,241 5,188 26,350 33,779
NET BOOK VALUE
At 31 July 2024 112 206 6,495 6,813
At 31 July 2023 148 481 8,660 9,289

AXIS RDB LIMITED (REGISTERED NUMBER: 06958173)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 August 2023 32,845
Transfer to ownership (32,845 )
At 31 July 2024 -
DEPRECIATION
At 1 August 2023 24,185
Transfer to ownership (24,185 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 8,660

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 249,731 229,490
Directors' current accounts 2,533 -
VAT 33,459 29,108
285,723 258,598

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 184,996 158,969
Trade creditors 48,768 24,548
Corporation tax 17,545 14,757
Social security and other taxes 39 4
Net CIS payable 31,569 7,691
Other creditors 1,734 2,470
Directors' current accounts 27,679 30,819
Accrued expenses 4,050 3,875
316,380 243,133

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 184,996 141,929

AXIS RDB LIMITED (REGISTERED NUMBER: 06958173)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2024


8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 1,703 2,322

Deferred
tax
£   
Balance at 1 August 2023 2,322
Movement (619 )
Balance at 31 July 2024 1,703

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
334 A Ordinary £1 334 334
334 B Ordinary £1 334 334
334 C Ordinary £1 334 334
1,002 1,002

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors operate current accounts. As at the year end the directors had credit balances of £25,146 (2023: £30,819) owing to them.

11. ULTIMATE CONTROLLING PARTY

The directors hold the controlling interest.