REGISTERED NUMBER: 07203399 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

AXIS THERAPY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M. H. Jones

Mrs. N. Davies

REGISTERED OFFICE:

Bryn Dwynwen

Pontrug

Llanrug

Caernarfon

Gwynedd

LL55 2AQ

REGISTERED NUMBER:

07203399 (England and Wales)

ACCOUNTANTS:

Richard Williams & Co

Chartered Accountants

The Old Police Station

Gaerwen

Anglesey

LL60 6BL

FIXED ASSETS

Tangible assets

4

140,095

140,106

CURRENT ASSETS

Cash at bank and in hand

2,320

3,416

CREDITORS

Amounts falling due within one year

5

23,004

23,399

NET CURRENT LIABILITIES

(20,684

)

(19,983

)

TOTAL ASSETS LESS CURRENT LIABILITIES

119,411

120,123

CREDITORS

Amounts falling due after more than one year

6

28,338

33,427

NET ASSETS

91,073

86,696

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

91,071

86,694

SHAREHOLDERS' FUNDS

91,073

86,696

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 29th December 2025 and were signed on its behalf by:

Mr M. H. Jones - Director

Mrs. N. Davies - Director

1.	STATUTORY INFORMATION

Axis Therapy Ltd 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 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.

Plant and machinery etc

-

10% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

140,000

376

140,376

DEPRECIATION

At 1st April 2024

-

270

270

Charge for year

-

11

11

At 31st March 2025

-

281

281

NET BOOK VALUE

At 31st March 2025

140,000

95

140,095

At 31st March 2024

140,000

106

140,106

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,762

4,435

Trade creditors

984

880

Taxation and social security

3,609

4,264

Other creditors

13,649

13,820

23,004

23,399

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

28,338

33,427