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REGISTERED NUMBER: 10615728 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

HELIX AV LIMITED

HELIX AV LIMITED (REGISTERED NUMBER: 10615728)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HELIX AV LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: S W Purchase
G J Slater





SECRETARY: S W Purchase





REGISTERED OFFICE: Forest House
Forest Front
Hythe
Southampton
Hampshire
SO45 3RJ





REGISTERED NUMBER: 10615728 (England and Wales)





ACCOUNTANTS: Bradshaw Johnson
Chartered Accountants
Croft Chambers
11 Bancroft
Hitchin
Hertfordshire
SG5 1JQ

HELIX AV LIMITED (REGISTERED NUMBER: 10615728)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,000 1,000
Tangible assets 5 464,233 462,953
465,233 463,953

CURRENT ASSETS
Stocks 32,050 32,170
Debtors 6 42,919 90,990
Cash at bank 545,434 480,533
620,403 603,693
CREDITORS
Amounts falling due within one year 7 634,435 752,765
NET CURRENT LIABILITIES (14,032 ) (149,072 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,201

314,881

CREDITORS
Amounts falling due after more than one
year

8

(31,308

)

(40,402

)

PROVISIONS FOR LIABILITIES (88,204 ) (87,961 )
NET ASSETS 331,689 186,518

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 45,000 -
Retained earnings 286,589 186,418
331,689 186,518

HELIX AV LIMITED (REGISTERED NUMBER: 10615728)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 11 October 2023 and were signed on its behalf by:





S W Purchase - Director


HELIX AV LIMITED (REGISTERED NUMBER: 10615728)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Helix AV 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 as modified by the revaluation of certain assets.

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

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

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

HELIX AV LIMITED (REGISTERED NUMBER: 10615728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2022
and 30 April 2023 1,000
NET BOOK VALUE
At 30 April 2023 1,000
At 30 April 2022 1,000

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Aircraft Totals
£    £    £    £   
COST OR VALUATION
At 1 May 2022 31,146 1,070 450,000 482,216
Additions 1,164 4,628 - 5,792
At 30 April 2023 32,310 5,698 450,000 488,008
DEPRECIATION
At 1 May 2022 18,503 760 - 19,263
Charge for year 3,277 1,235 45,000 49,512
Revaluation adjustments - - (45,000 ) (45,000 )
At 30 April 2023 21,780 1,995 - 23,775
NET BOOK VALUE
At 30 April 2023 10,530 3,703 450,000 464,233
At 30 April 2022 12,643 310 450,000 462,953

Cost or valuation at 30 April 2023 is represented by:

Plant and
machinery
etc
£   
Cost 488,008

HELIX AV LIMITED (REGISTERED NUMBER: 10615728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

5. TANGIBLE FIXED ASSETS - continued

If aircraft had not been revalued they would have been included at the following historical cost:

30.4.23 30.4.22
£    £   
Cost 450,000 450,000
Aggregate depreciation 45,000 -

The aircraft were valued on an open market basis on 30 April 2023 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 30,078 804
Tax 12,841 12,841
VAT - 77,345
42,919 90,990

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other loans 9,094 8,869
Trade creditors 421,437 563,662
Tax 22 -
Social security and other taxes 1,770 891
VAT 4,455 -
Directors' current accounts 26,832 20,115
Accruals and deferred income 170,825 159,228
634,435 752,765

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Other loans - 1-2 years 9,324 9,094
Other loans - 2-5 years 21,849 28,684
Other loans more 5yrs instal 135 2,624
31,308 40,402

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 135 2,624

HELIX AV LIMITED (REGISTERED NUMBER: 10615728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

9. RESERVES
Revaluation
reserve
£   
Depreciation 45,000

At 30 April 2023 45,000