REGISTERED NUMBER: 06410254 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

AXSCEND GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Guenter

A T Dyer

REGISTERED OFFICE:

Unit 4 Whitworth Court

Manor Farm Road

RUNCORN

Cheshire

WA7 1WA

REGISTERED NUMBER:

06410254 (England and Wales)

AUDITORS:

McCabe Ford Williams

Chartered Accountants and Statutory Auditors

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

FIXED ASSETS

Investments

4

100

100

CREDITORS

Amounts falling due within one year

5

190,369

183,177

NET CURRENT LIABILITIES

(190,369

)

(183,177

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(190,269

)

(183,077

)

CAPITAL AND RESERVES

Called up share capital

6

1,356

1,356

Share premium

7

1,027,289

1,027,289

Retained earnings

7

(1,218,914

)

(1,211,722

)

SHAREHOLDERS' FUNDS

(190,269

)

(183,077

)

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 5 August 2026 and were signed on its behalf by:

A T Dyer - Director

1.	STATUTORY INFORMATION

Axscend Group Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Axscend Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 December 2024

100

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

190,369

183,177

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

135,622

Ordinary

£0.01

1,356

1,356

7.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2025

(1,211,722

)

1,027,289

(184,433

)

Deficit for the year

(7,192

)

(7,192

)

At 31 December 2025

(1,218,914

)

1,027,289

(191,625

)

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jonathan Fullarton BSc(Hons) FCA (Senior Statutory Auditor)

for and on behalf of McCabe Ford Williams

9.	POST BALANCE SHEET EVENTS

Subsequent to the year end, the directors approved a group reorganisation under which Axscend Group Limited is expected to transfer its assets and liabilities to another group undertaking and be dissolved during the year ending 31 December 2026.

The reorganisation forms part of a wider simplification of the group structure and is not expected to have a material impact on the net assets of the group. The directors do not consider that the planned dissolution gives rise to any adjustment to the amounts recognised in these financial statements at 31 December 2025.

The Company is expected to remain able to meet its obligations as they fall due until completion of the reorganisation.

10.	ULTIMATE PARENT COMPANY

Axscend Group Limited is a 100% subsidiary of SAF-Holland GmbH, a company registered in Germany whose registered office is 26 Hauptstrasse, Bessenbach 68856, Germany.

The ultimate parent company is SAF-HOLLAND SE, a company registered in Germany whose registered office is 26 Hauptstrasse, Bessenbach 68856, Germany.

11.	GOING CONCERN

The directors have considered the appropriateness of preparing the financial statements on a going concern basis.

As part of a wider group reorganisation, Axscend Group Limited is expected to be consolidated with another group undertaking and subsequently dissolved during the year ending 31 December 2026. The Company will continue to operate until the completion of the reorganisation and the directors expect that all assets and liabilities of the Company will be transferred to another group entity as part of that process.

Having considered the resources available to the company and the support available from the wider group, the directors have a reasonable expectation that the company will be able to continue to exist until the cessation date.