Axe Fit Ltd 15831204 false 2024-07-10 2025-07-31 2025-07-31 The principal activity of the company is Fitness instruction Digita Accounts Production Advanced 6.30.9574.0 true true 15831204 2024-07-10 2025-07-31 15831204 2025-07-31 15831204 bus:Director1 2025-07-31 15831204 bus:OrdinaryShareClass1 2025-07-31 15831204 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 15831204 core:OfficeEquipment 2025-07-31 15831204 core:OtherPropertyPlantEquipment 2025-07-31 15831204 bus:SmallEntities 2024-07-10 2025-07-31 15831204 bus:AuditExemptWithAccountantsReport 2024-07-10 2025-07-31 15831204 bus:FilletedAccounts 2024-07-10 2025-07-31 15831204 bus:SmallCompaniesRegimeForAccounts 2024-07-10 2025-07-31 15831204 bus:RegisteredOffice 2024-07-10 2025-07-31 15831204 bus:Director1 2024-07-10 2025-07-31 15831204 bus:OrdinaryShareClass1 2024-07-10 2025-07-31 15831204 bus:PrivateLimitedCompanyLtd 2024-07-10 2025-07-31 15831204 bus:Agent1 2024-07-10 2025-07-31 15831204 core:OfficeEquipment 2024-07-10 2025-07-31 15831204 core:OtherPropertyPlantEquipment 2024-07-10 2025-07-31 15831204 countries:AllCountries 2024-07-10 2025-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15831204

Axe Fit Ltd
Unaudited Filleted Abridged Financial Statements
for the Period from 10 July 2024 to 31 July 2025

Axe Fit Ltd

Contents

Company Information | 1
Director's Report | 2
Accountants' Report | 3
Abridged Balance Sheet | 4
Notes to the Unaudited Abridged Financial Statements | 5 to 8

Axe Fit Ltd

Company Information

Director | Mr Jack Morley

Registered office | 7 River View Drive Colyton Devon EX24 6PR

Accountants | CRW ACCOUNTANTS LTD The Mews Queen Street Colyton Devon EX24 6JU

Axe Fit Ltd

Director's Report for the Period from 10 July 2024 to 31 July 2025

The director presents his report and the abridged financial statements for the period from 10 July 2024 to 31 July 2025.

Incorporation

The company was incorporated and commenced trading on 10 July 2024.

Director of the company

The director who held office during the period was as follows:

Mr Jack Morley (appointed 10 July 2024)

Dividends

The director recommends a final dividend payment of £Nil be made in respect of the financial period ended 31 July 2025. This dividend has not been recognised as a liability in the financial statements.

Principal activity

The principal activity of the company is Fitness instruction

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 5 April 2026

......................................... Mr Jack Morley Director

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Axe Fit Ltd
for the Period Ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Axe Fit Ltd for the period ended 31 July 2025 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of International Accountants, we are subject to its ethical and other professional requirements.

This report is made solely to the Board of Directors of Axe Fit Ltd, as a body, in accordance with the terms of our engagement letter dated 16 May 2006. Our work has been undertaken solely to prepare for your approval the accounts of Axe Fit Ltd and state those matters that we have agreed to state to the Board of Directors of Axe Fit Ltd, as a body, in this report . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Axe Fit Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Axe Fit Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Axe Fit Ltd. You consider that Axe Fit Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Axe Fit Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

CRW ACCOUNTANTS LTD
The Mews
Queen Street
Colyton
Devon
EX24 6JU

5 April 2026

Axe Fit Ltd

(Registration number: 15831204)
Abridged Balance Sheet as at 31 July 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 3,948
Current assets |  |
Cash at bank and in hand |  | 342
Creditors: Amounts falling due within one year |  | (3,623)
Net current liabilities |  | (3,281)
Total assets less current liabilities |  | 667
Accruals and deferred income |  | (1,194)
Net liabilities |  | (527)
Capital and reserves |  |
Called up share capital | 6 | 1
Retained earnings |  | (528)
Shareholders' deficit |  | (527)

For the financial period ending 31 July 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 period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 April 2026

......................................... Mr Jack Morley Director

Axe Fit Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 10 July 2024 to 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
7 River View Drive
Colyton
Devon
EX24 6PR

The principal place of business is:
7 River View Drive
Colyton
Devon
EX24 6PR

These financial statements were authorised for issue by the director on 5 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Axe Fit Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 10 July 2024 to 31 July 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4 | Tangible assets

| Office equipment £ | Other tangible assets £ | Total £
Cost or valuation
Additions | 369 | 4,895 | 5,264
At 31 July 2025 | 369 | 4,895 | 5,264
Depreciation
Charge for the period | 92 | 1,224 | 1,316
At 31 July 2025 | 92 | 1,224 | 1,316
Carrying amount
At 31 July 2025 | 277 | 3,671 | 3,948

5 | Debtors

Debtors includes £Nil due after more than one year.

Axe Fit Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 10 July 2024 to 31 July 2025

6 | Share capital

Allotted, called up and fully paid shares

| 2025
| No. | £
Ordinary shares of £1 each | 1 | 1

7 | Dividends

The director is recommending a final dividend of £Nil per share totalling £Nil. This dividend has not been accrued in the balance sheet.

8 | Related party transactions

Axe Fit Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 10 July 2024 to 31 July 2025

Director's remuneration

The director's remuneration for the period was as follows:

| 2025 £