Company registration number 03872453 (England and Wales)
Axis P.E.D Ltd
Unaudited Financial Statements
For the year ended 30 November 2025
Axis P.E.D Ltd
Contents
Page
Statement of financial position
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 7
Axis P.E.D Ltd
Statement Of Financial Position
As at 30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
16,627
26,229
Tangible assets
4
63,399
40,784
80,026
67,013
Current assets
Stocks
106,316
60,355
Debtors
5
2,908,720
2,707,606
Cash at bank and in hand
1,925,957
1,279,705
4,940,993
4,047,666
Creditors: amounts falling due within one year
6
(2,677,951)
(2,204,744)
Net current assets
2,263,042
1,842,922
Total assets less current liabilities
2,343,068
1,909,935
Creditors: amounts falling due after more than one year
7
-
0
(11,441)
Provisions for liabilities
(15,850)
(10,196)
Net assets
2,327,218
1,888,298
Capital and reserves
Called up share capital
855
855
Capital redemption reserve
885
885
Other reserves
(6,568,994)
(6,030,018)
Profit and loss reserves
8,894,472
7,916,576
Total equity
2,327,218
1,888,298
Axis P.E.D Ltd
Statement Of Financial Position (continued)
As at 30 November 2025
- 2 -

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 May 2026 and are signed on its behalf by:
D R Adams
J L Mason
Director
Director
M A Pollard
A J Russell
Director
Director
Company registration number 03872453 (England and Wales)
Axis P.E.D Ltd
Statement of changes in equity
For the year ended 30 November 2025
- 3 -
Share capital
Capital redemption reserve
Other reserves
Profit and loss reserves
Total
£
£
£
£
£
Balance at 1 December 2023
855
885
(4,587,905)
7,024,094
2,437,929
Year ended 30 November 2024:
Profit and total comprehensive income
-
-
-
892,482
892,482
Transfers
-
-
(1,442,113)
-
0
(1,442,113)
Balance at 30 November 2024
855
885
(6,030,018)
7,916,576
1,888,298
Year ended 30 November 2025:
Profit and total comprehensive income
-
-
-
977,896
977,896
Other movements
-
-
(538,976)
-
(538,976)
Balance at 30 November 2025
855
885
(6,568,994)
8,894,472
2,327,218
Axis P.E.D Ltd
Notes to the financial statements
For the year ended 30 November 2025
- 4 -
1
Accounting policies
Company information

Axis P.E.D Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Well House Barns, Bretton, Chester, Cheshire, England, CH4 0DH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Revenue

Revenue represents the total invoice value, excluding value added tax, of services provided during the year.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
amortised evenly over its estimated useful life of five years.
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Fixtures and fittings
15% on reducing balance
1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Axis P.E.D Ltd
Notes to the financial statements (continued)
For the year ended 30 November 2025
1
Accounting policies
(Continued)
- 5 -
Current tax

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.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
48
42
3
Intangible fixed assets
Other
£
Cost
At 1 December 2024 and 30 November 2025
48,010
Amortisation and impairment
At 1 December 2024
21,781
Amortisation charged for the year
9,602
At 30 November 2025
31,383
Carrying amount
At 30 November 2025
16,627
At 30 November 2024
26,229
Axis P.E.D Ltd
Notes to the financial statements (continued)
For the year ended 30 November 2025
- 6 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2024
61,905
Additions
33,735
At 30 November 2025
95,640
Depreciation and impairment
At 1 December 2024
21,121
Depreciation charged in the year
11,120
At 30 November 2025
32,241
Carrying amount
At 30 November 2025
63,399
At 30 November 2024
40,784
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,812,277
2,628,158
Other debtors
96,443
79,448
2,908,720
2,707,606
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
11,443
66,697
Trade creditors
638,118
480,602
Corporation tax
332,828
303,158
Other taxation and social security
680,001
550,101
Other creditors
1,015,561
804,186
2,677,951
2,204,744
Axis P.E.D Ltd
Notes to the financial statements (continued)
For the year ended 30 November 2025
- 7 -
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
11,441
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