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REGISTERED NUMBER: 08400714 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Axion Now Ltd

| Axion Now Ltd (Registered number: 08400714) |

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Axion Now Ltd |

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | F Hauchard

| E H T Kolb

| REGISTERED OFFICE: | Merritt House

| 1 Hill Avenue

| Amersham

| Bucks

| HP6 5BQ

| REGISTERED NUMBER: | 08400714 (England and Wales)

| ACCOUNTANTS: | Cansdales Business Advisers Limited

| St Mary's Court

| The Broadway

| Old Amersham

| Bucks

| HP7 0UT

| Axion Now Ltd (Registered number: 08400714) |

Balance Sheet

28 February 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 3 | 18,905 |  | 21,108 |  |

Tangible assets | 4 | 4,150 |  | 1,696 |  |

23,055 |  | 22,804 |  |

CURRENT ASSETS

Stocks | 215,314 |  | 198,300 |  |

Debtors | 5 | 20,717 |  | 20,814 |  |

Cash at bank and in hand | 41,541 |  | 64,905 |  |

277,572 |  | 284,019 |  |

CREDITORS

Amounts falling due within one year | 6 | (129,904 | ) | (131,950 | ) |

NET CURRENT ASSETS | 147,668 |  | 152,069 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 170,723 |  | 174,873 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (25,001 | ) | (30,883 | ) |

NET ASSETS | 145,722 |  | 143,990 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 145,622 |  | 143,890 |  |

145,722 |  | 143,990 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

| Axion Now Ltd (Registered number: 08400714) |

Balance Sheet - continued

28 February 2025

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 20 November 2025 and were signed on its behalf by:

E H T Kolb - Director

| Axion Now Ltd (Registered number: 08400714) |

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | 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.

| The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

| The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

| TURNOVER

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| INTANGIBLE ASSETS

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Website Development is being amortised evenly over its estimated useful life of 10 years.

| TANGIBLE FIXED ASSETS

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

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 25% on cost

| STOCKS

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

| Axion Now Ltd (Registered number: 08400714) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

1. | ACCOUNTING POLICIES - continued

| FINANCIAL INSTRUMENTS

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to ail of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| 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.

| Axion Now Ltd (Registered number: 08400714) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

1. | ACCOUNTING POLICIES - continued

| 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.

| FOREIGN CURRENCIES

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| EMPLOYEE BENEFITS

| The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

| The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

| Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

| CASH AND CASH EQUIVALENTS

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| LEASES

| Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight-line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 18 (2024 - 18 ) .

| Axion Now Ltd (Registered number: 08400714) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

3. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 22,031 |  |

| AMORTISATION

| At 1 March 2024 | 923 |  |

| Charge for year | 2,203 |  |

| At 28 February 2025 | 3,126 |  |

| NET BOOK VALUE

| At 28 February 2025 | 18,905 |  |

| At 29 February 2024 | 21,108 |  |

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 March 2024 | 15,153 |  |

| Additions | 3,494 |  |

| At 28 February 2025 | 18,647 |  |

| DEPRECIATION

| At 1 March 2024 | 13,457 |  |

| Charge for year | 1,040 |  |

| At 28 February 2025 | 14,497 |  |

| NET BOOK VALUE

| At 28 February 2025 | 4,150 |  |

| At 29 February 2024 | 1,696 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Prepayments | 20,717 |  | 15,534 |  |

| VAT | - |  | 5,280 |  |

20,717 |  | 20,814 |  |

| Axion Now Ltd (Registered number: 08400714) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 5,882 |  | 5,882 |  |

| Trade creditors | 69,777 |  | 49,610 |  |

| Taxation and social security | 8,548 |  | 3,777 |  |

| Other creditors | 45,697 |  | 72,681 |  |

129,904 |  | 131,950 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 25,001 |  | 30,883 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| In more than five years | 8,000 |  | 8,000 |  |

| At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases.