Company No: 13003445 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mr R Day
	Mr J Dutfield

SECRETARY

Ms E Cook

REGISTERED OFFICE	Main Office
	Woodmead Road
	Axminster
	EX13 5PQ
	England
	United Kingdom

COMPANY NUMBER

13003445 (England and Wales)

CHARTERED ACCOUNTANTS	Francis Clark LLP
	Centenary House
	Peninsula Park
	Rydon Lane
	Exeter
	Devon EX2 7XE

		31.12.2022		30.11.2021
		£		£
Current assets
Cash at bank and in hand		65		65
		65		65
Creditors: amounts falling due within one year	3	( 22,763)		( 21,563)
Net current liabilities		(22,698)		(21,498)
Total assets less current liabilities		(22,698)		(21,498)
Net liabilities		( 22,698)		( 21,498)
Capital and reserves
Called-up share capital	4	65		65
Profit and loss account		( 22,763 )		( 21,563 )
Total shareholders' deficit		( 22,698)		( 21,498)

For the financial period ending 31 December 2022 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Axminster International Limited (registered number: 13003445) were approved and authorised for issue by the Board of Directors on 29 September 2023. They were signed on its behalf by:

Mr J Dutfield Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Axminster International Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Main Office, Woodmead Road, Axminster, EX13 5PQ, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The directors have assessed the balance sheet position and likely future cash flows at the date of approving these financial statements. The directors have confirmed that they will provide support so that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The management decided that due to the pattern of revenues, the reporting period will change to start on 1 January. The first annual reporting period after the change will be from 1 January 2023 to 31 December 2023.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to 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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	Period from 01.12.2021 to 31.12.2022		Period from 09.11.2020 to 30.11.2021
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	0		0

3. Creditors: amounts falling due within one year

	31.12.2022		30.11.2021
	£		£
Accruals	21,263		21,563
Other creditors	1,500		0
	22,763		21,563

4. Called-up share capital

	31.12.2022		30.11.2021
	£		£
Allotted, called-up and fully-paid
65 Ordinary shares of £ 1.00 each	65		65