Axitech Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05181425

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		858		6,362

			858		6,362
CURRENT ASSETS
Debtors	6	156,397		308,435
Cash at bank and in hand		123,528		9,455

		279,925		317,890
Creditors: Amounts Falling Due Within One Year	7	(1,386,155 )		(1,698,890 )

NET CURRENT ASSETS (LIABILITIES)			(1,106,230 )		(1,381,000 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,105,372 )		(1,374,638 )

NET LIABILITIES			(1,105,372 )		(1,374,638 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(1,105,373 )		(1,374,639 )

SHAREHOLDERS' FUNDS			(1,105,372)		(1,374,638)

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Axitech Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Kinder

Director

8 July 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Axitech Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 05181425 . The registered office is 1 Park Row, Leeds, LS1 5AB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have considered the current and future cash flow requirements of the company and

believe that preparing the accounts on a going concern basis is wholly appropriate. The company continues to be reliant on support from its parent company Axitech Group Limited.

2.3. Turnover

Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised at the point of invoice.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Website development is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and impairment losses. Amortisation is provided at rates calculated to write off the cost of the intangible assets, less their estimated residual value, over their expected useful lives on the following bases:

Website development 10% straight line

2.5. Intangible Fixed Assets and Amortisation - Intellectual Property

Patents, trademarks and licenses are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are recorded at the fair value at the acquisition date.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% reducing balance

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Axitech Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with 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. Equity instruments issued by the company are recorded at the proceeds received.

2.8. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Intangible Assets

	Website Development	Patents	Total
	£	£	£
Cost
As at 1 January 2025	3,044	5,200	8,244
Disposals	-	(5,200 )	(5,200 )

As at 31 December 2025	3,044	-	3,044

...CONTINUED

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Axitech Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Amortisation
As at 1 January 2025	1,882	-	1,882
Provided during the period	304	-	304

As at 31 December 2025	2,186	-	2,186

Net Book Value
As at 31 December 2025	858	-	858

As at 1 January 2025	1,162	5,200	6,362

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	840

As at 31 December 2025	840

Depreciation
As at 1 January 2025	840

As at 31 December 2025	840

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

6. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	88,781	308,435
Other debtors	67,616	-

	156,397	308,435

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Axitech Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	96,545	28,099
Amounts owed to participating interests	1,057,640	1,628,640
Other creditors	92,083	100
Taxation and social security	139,887	42,051

	1,386,155	1,698,890

8. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	1	1

9. Related Party Transactions

At the year end, £1,057,639 (2024: £1,628,640) was owed to Axitech Group Limited, the parent company of Axitech Limited.

10. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Axitech Group Limited (05171643). Axitech Group Limited was incorporated in (England & Wales) and the registered office is 1 Park Row, Leeds, LS1 5AB .

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