IRIS Accounts Production v25.1.3.33 04329793 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 78400 78679 119740 54721 55000 198140 78400 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh043297932023-11-30043297932024-11-30043297932023-12-012024-11-30043297932022-11-30043297932022-12-012023-11-30043297932023-11-3004329793ns15:EnglandWales2023-12-012024-11-3004329793ns14:PoundSterling2023-12-012024-11-3004329793ns10:Director12023-12-012024-11-3004329793ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3004329793ns10:SmallEntities2023-12-012024-11-3004329793ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3004329793ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3004329793ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3004329793ns10:FullAccounts2023-12-012024-11-3004329793ns10:OrdinaryShareClass12023-12-012024-11-3004329793ns10:OrdinaryShareClass22023-12-012024-11-3004329793ns10:OrdinaryShareClass32023-12-012024-11-3004329793ns10:Director2422023-11-3004329793ns10:Director2422022-11-3004329793ns10:Director2422023-12-012024-11-3004329793ns10:Director2422022-12-012023-11-3004329793ns10:Director2422024-11-3004329793ns10:Director2422023-11-3004329793ns10:Director22023-12-012024-11-3004329793ns10:Director32023-12-012024-11-3004329793ns10:CompanySecretary12023-12-012024-11-3004329793ns10:RegisteredOffice2023-12-012024-11-3004329793ns5:CurrentFinancialInstruments2024-11-3004329793ns5:CurrentFinancialInstruments2023-11-3004329793ns5:ShareCapital2024-11-3004329793ns5:ShareCapital2023-11-3004329793ns5:FurtherSpecificReserve3ComponentTotalEquity2024-11-3004329793ns5:FurtherSpecificReserve3ComponentTotalEquity2023-11-3004329793ns5:RetainedEarningsAccumulatedLosses2024-11-3004329793ns5:RetainedEarningsAccumulatedLosses2023-11-3004329793ns5:UnlistedNon-exchangeTradedns5:CostValuation2023-11-3004329793ns5:UnlistedNon-exchangeTraded2024-11-3004329793ns5:UnlistedNon-exchangeTraded2023-11-3004329793ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3004329793ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3004329793ns5:Non-currentFinancialInstruments2024-11-3004329793ns5:Non-currentFinancialInstruments2023-11-3004329793ns10:OrdinaryShareClass12024-11-3004329793ns10:OrdinaryShareClass22024-11-3004329793ns10:OrdinaryShareClass32024-11-3004329793ns5:FurtherSpecificReserve3ComponentTotalEquity2023-11-3004329793ns10:Director222023-11-3004329793ns10:Director222022-11-3004329793ns10:Director222023-12-012024-11-3004329793ns10:Director222022-12-012023-11-3004329793ns10:Director222024-11-3004329793ns10:Director222023-11-30043297931ns10:Director12023-11-30043297931ns10:Director12022-11-30043297931ns10:Director12023-12-012024-11-30043297931ns10:Director12022-12-012023-11-30043297931ns10:Director12024-11-30043297931ns10:Director12023-11-30
REGISTERED NUMBER: 04329793 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

AXELPORT LIMITED

AXELPORT LIMITED (REGISTERED NUMBER: 04329793)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AXELPORT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: D F Godfrey
D H Godfrey
Mrs I Godfrey





SECRETARY: D H Godfrey





REGISTERED OFFICE: 12 Market Street
Hebden Bridge
HX7 6AD





REGISTERED NUMBER: 04329793 (England and Wales)





ACCOUNTANTS: Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD

AXELPORT LIMITED (REGISTERED NUMBER: 04329793)

BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 75,000 75,000
Investment property 5 489,485 550,000
564,485 625,000

CURRENT ASSETS
Debtors 6 1,577,186 740,865
Cash at bank 176,190 905,803
1,753,376 1,646,668
CREDITORS
Amounts falling due within one year 7 64,620 72,634
NET CURRENT ASSETS 1,688,756 1,574,034
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,253,241

2,199,034

CAPITAL AND RESERVES
Called up share capital 8 3,000 3,000
Fair value reserve 9 - (84,129 )
Retained earnings 2,250,241 2,280,163
SHAREHOLDERS' FUNDS 2,253,241 2,199,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th August 2025 and were signed on its behalf by:





D H Godfrey - Director


AXELPORT LIMITED (REGISTERED NUMBER: 04329793)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Axelport 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 3 (2023 - 3 ) .

AXELPORT LIMITED (REGISTERED NUMBER: 04329793)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

4. FIXED ASSET INVESTMENTS
Associated
undertaking
£   
COST
At 1st December 2023
and 30th November 2024 75,000
NET BOOK VALUE
At 30th November 2024 75,000
At 30th November 2023 75,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st December 2023 550,000
Additions 489,485
Disposals (550,000 )
At 30th November 2024 489,485
NET BOOK VALUE
At 30th November 2024 489,485
At 30th November 2023 550,000

The investment property has been valued by the directors by reference to similar properties in the local area.

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Amounts owed by associated undertakings 1,082,235 481,133
Other debtors 50,837 -
Directors' current accounts 396,972 214,259
Prepayments and accrued income 8,580 6,911
1,538,624 702,303

Amounts falling due after more than one year:
Tax 38,562 38,562

Aggregate amounts 1,577,186 740,865

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 17,127 25,291
Accrued expenses 47,493 47,343
64,620 72,634

AXELPORT LIMITED (REGISTERED NUMBER: 04329793)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary A £1 1,000 1,000
1,000 Ordinary B £1 1,000 1,000
1,000 Ordinary C £1 1,000 1,000
3,000 3,000

9. RESERVES
Fair
value
reserve
£   
At 1st December 2023 (84,129 )
Reserve transfer 84,129

At 30th November 2024 -

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th November 2024 and 30th November 2023:

2024 2023
£    £   
D F Godfrey and D F Godfrey
Balance outstanding at start of year 78,400 78,679
Amounts advanced 119,740 54,721
Amounts repaid - (55,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 198,140 78,400

D H Godfrey
Balance outstanding at start of year 135,859 124,836
Amounts advanced 62,973 186,623
Amounts repaid - (175,600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 198,832 135,859