REGISTERED NUMBER: 10174864 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Axal Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D G Mccreadie

Mr M Gascoigne

Mr M J Gascoigne

Mr A G Broadley

SECRETARY:

Mrs L Broadley

REGISTERED OFFICE:

Suite 10 Sandown House

Sandbeck Way

Wetherby

West Yorkshire

LS22 7DN

REGISTERED NUMBER:

10174864 (England and Wales)

ACCOUNTANTS:

Royston Parkin Limited

2 President Buildings

Savile Street East

Sheffield

South Yorkshire

S4 7UQ

FIXED ASSETS

Property, plant and equipment

4

323,850

211,200

CURRENT ASSETS

Inventories

182,460

89,922

Debtors

5

1,182,022

984,594

Cash at bank

312,244

427,963

1,676,726

1,502,479

CREDITORS

Amounts falling due within one year

6

1,304,769

1,122,660

NET CURRENT ASSETS

371,957

379,819

TOTAL ASSETS LESS CURRENT LIABILITIES

695,807

591,019

CREDITORS

Amounts falling due after more than one year

7

(100,326

)

(64,878

)

PROVISIONS FOR LIABILITIES

8

(80,963

)

(52,800

)

NET ASSETS

514,518

473,341

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

514,514

473,337

SHAREHOLDERS' FUNDS

514,518

473,341

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 15 April 2026 and were signed on its behalf by:

Mr A G Broadley - Director

Mr D G Mccreadie - Director

Mr M Gascoigne - Director

Mr M J Gascoigne - Director

1.	STATUTORY INFORMATION

Axal Services 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

Revenue 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 32 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 December 2024

376,631

6,791

383,422

Additions

225,697

1,994

227,691

Disposals

(47,240

)

-

(47,240

)

At 30 November 2025

555,088

8,785

563,873

DEPRECIATION

At 1 December 2024

168,418

3,804

172,222

Charge for year

85,657

790

86,447

Eliminated on disposal

(18,646

)

-

(18,646

)

At 30 November 2025

235,429

4,594

240,023

NET BOOK VALUE

At 30 November 2025

319,659

4,191

323,850

At 30 November 2024

208,213

2,987

211,200

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,015,049

857,474

VAT

154,908

120,432

Prepayments and accrued income

12,065

6,688

1,182,022

984,594

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

29,775

28,769

Hire purchase contracts

49,676

34,979

Trade creditors

409,243

316,409

Tax

272,121

285,834

Social security and other taxes

35,183

22,826

Pension control account

8,048

6,151

CIS control account

28,985

14,867

Wages control

66,196

52,622

Amount due to 1 connected co

402,242

356,953

Accruals and deferred income

3,300

3,250

1,304,769

1,122,660

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

100,326

64,878

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

80,963

52,800

Deferred

tax

£

Balance at 1 December 2024

52,800

Provided during year

28,163

Balance at 30 November 2025

80,963

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4

Ordinary

1

4

4