Axis Protect Ltd - Accounts

Axis Protect Ltd
Statement of Financial Position
As at 31 January 2025

	2025		2024
	£	£	£	£
Fixed assets		789		344
Current assets	1		2,976
Creditors: amount falling due within one year	(29,464)		(29,686)
Net current assets		(29,463)		(26,710)
Total assets less current liabilities		(28,674)		(26,366)
Net assets		(28,674)		(26,366)


Capital and reserves		(28,674)		(26,366)

NOTES TO THE ACCOUNTS

General Information

Axis Protect Ltd is a private company, limited by shares, registered in England and Wales, registration number 14610021, registration address 25 William Wailes Walk, Gateshead, Tyne & Wear, NE9 5EW.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 February 2024	462	462
Additions	708	708
Disposals	-	-
At 31 January 2025	1,170	1,170
Depreciation
At 01 February 2024	118	118
Charge for year	263	263
On disposals	-	-
At 31 January 2025	381	381
Net book values
Closing balance as at 31 January 2025	789	789
Opening balance as at 01 February 2024	344	344

The net book value of Computer Equipment includes £ 789 (2024 £344) in respect of assets leased under finance leases or hire purchase contracts.

3.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

4.	Directors advances, credits and guarantees Included in Creditors are amounts due to the Director of £28,965 (2024 - £29,186)

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 27 October 2025 and were signed by:

--------------------------------
Shahid Latif Khan
Director

Registered Number: 14610021
England and Wales
AXIS PROTECT LTD

Unaudited Financial Statements

Period of accounts Start date: 01 February 2024 End date: 31 January 2025