REGISTERED NUMBER: NI694495 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Axis Fibre Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Cromie

Mr N Lafferty

REGISTERED OFFICE:

93 Portmore Hall

Ballydonaghy Road

Crumlin

BT29 4ZU

REGISTERED NUMBER:

NI694495 (Northern Ireland)

FIXED ASSETS

Tangible assets

4

68,671

67,971

CURRENT ASSETS

Stocks

10,233

10,822

Debtors

5

62,406

104,559

Cash at bank

30,983

39,187

103,622

154,568

CREDITORS

Amounts falling due within one year

6

50,315

83,677

NET CURRENT ASSETS

53,307

70,891

TOTAL ASSETS LESS CURRENT LIABILITIES

121,978

138,862

CREDITORS

Amounts falling due after more than one year

7

34,865

44,953

NET ASSETS

87,113

93,909

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

87,013

93,809

87,113

93,909

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 24 September 2025 and were signed on its behalf by:

Mr S Cromie - Director

1.	STATUTORY INFORMATION

Axis Fibre Solutions Limited is a private company, limited by shares , registered in Northern Ireland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

84,964

Additions

22,115

At 31 March 2025

107,079

DEPRECIATION

At 1 April 2024

16,993

Charge for year

21,415

At 31 March 2025

38,408

NET BOOK VALUE

At 31 March 2025

68,671

At 31 March 2024

67,971

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

17,283

31,412

Other debtors

45,123

73,147

62,406

104,559

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

19,344

25,279

Trade creditors

1,909

7,195

Taxation and social security

22,121

34,139

Other creditors

6,941

17,064

50,315

83,677

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

28,582

35,770

Other creditors

6,283

9,183

34,865

44,953