REGISTERED NUMBER: 14044897 (England and Wales)

Axi Energy Limited

Unaudited Financial Statements for the Year Ended 31st March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Evans

K Scarre

D Greenwood

S James

REGISTERED OFFICE:

Regents Court

Princess Street

Hull

East Yorkshire

HU2 8BA

REGISTERED NUMBER:

14044897 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Intangible assets

4

1,120

1,672

CURRENT ASSETS

Debtors

5

305,798

247,343

Cash at bank

10,573

4,287

316,371

251,630

CREDITORS

Amounts falling due within one year

6

317,388

278,635

NET CURRENT LIABILITIES

(1,017

)

(27,005

)

TOTAL ASSETS LESS CURRENT LIABILITIES

103

(25,333

)

CAPITAL AND RESERVES

Called up share capital

8

103

103

Retained earnings

-

(25,436

)

103

(25,333

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 25th August 2026 and were signed on its behalf by:

K Scarre - Director

1.	STATUTORY INFORMATION

Axi Energy 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.

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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

Revenue arises from the provision of recruitment services. Revenue is recognised upon completion of the services provided.

Intangible assets

Intangible assets are initially measured at costs. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised at 33% reducing balance.

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.

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 5 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st April 2025

and 31st March 2026

3,850

AMORTISATION

At 1st April 2025

2,178

Charge for year

552

At 31st March 2026

2,730

NET BOOK VALUE

At 31st March 2026

1,120

At 31st March 2025

1,672

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

214,693

193,711

Amounts owed by group undertakings

10,103

103

Other debtors

81,002

53,529

305,798

247,343

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

108,402

103,876

Amounts owed to group undertakings

53,255

33,392

Taxation and social security

11,088

20,289

Other creditors

144,643

121,078

317,388

278,635

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Invoice financing

91,007

95,633

8.	CALLED UP SHARE CAPITAL

Ordinary share capital allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

Value

£

£

100

Ordinary A

£1

100

100

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

103

103