Axcent Management & IT Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04133334 (England and Wales)

AXCENT MANAGEMENT & IT SERVICES LIMITED

UNAUDITED CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD

1ST JANUARY 2025 TO 30TH JUNE 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTOR:

J P Carless

REGISTERED OFFICE:

10 Lon Y Barri

Caerphilly

CF83 2NQ

REGISTERED NUMBER:

04133334 (England and Wales)

ACCOUNTANTS:

Johns Jones & Lo Limited

Chartered Accountants & Registered Auditors

16 Lambourne Crescent

Cardiff Business Park

Llanishen

Cardiff

CF14 5GF

FIXED ASSETS

Tangible assets

4

1,543

2,667

CURRENT ASSETS

Stocks

-

250

Debtors

5

4,543

9,271

Cash at bank

34,536

43,553

39,079

53,074

CREDITORS

Amounts falling due within one year

6

4,621

5,365

NET CURRENT ASSETS

34,458

47,709

TOTAL ASSETS LESS CURRENT
LIABILITIES

36,001

50,376

CAPITAL AND RESERVES

Called up share capital

50,000

Retained earnings

(13,999

)

376

36,001

50,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th June 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23rd September 2026 and were signed by:

J P Carless - Director

1.	STATUTORY INFORMATION

Axcent Management & IT Services 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.

The accounts have been prepared on a going concern basis.

Turnover

Turnover 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

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

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

Leasehold Improvements - 10% reducing balance

Plant & Machinery - 25% reducing balance

Fixtures & Fittings - 25% reducing balance

Computer Equipment - 35% reducing balance

Motor Vehicles - 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 period 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 period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st January 2025

and 30th June 2026

3,910

20,853

24,763

DEPRECIATION

At 1st January 2025

3,741

18,355

22,096

Charge for period

169

955

1,124

At 30th June 2026

3,910

19,310

23,220

NET BOOK VALUE

At 30th June 2026

-

1,543

At 31st December 2024

169

2,498

2,667

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

Trade debtors

3,686

6,390

Other debtors

857

2,881

4,543

9,271

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

Trade creditors

-

1,376

Taxation and social security

-

483

Other creditors

4,621

3,506

4,621

5,365

7.	DEFERRED TAX

£

Balance at 1st January 2025

(1,832

)

Charge to Income Statement during period

1,832

Balance at 30th June 2026

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30th June 2026 and the year ended 31st December 2024:

2026

2024

£

J P Carless

Balance outstanding at start of period

(1,105

)

(740

)

Amounts advanced

(324

)

-

Amounts repaid

-

(365

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(1,429

)

(1,105

)

Amounts owed to the Director are included within other creditors. No interest has been incurred on this amount and the balance is deemed to be repayable upon demand.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J P Carless.