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REGISTERED NUMBER: 12801469 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Helix Electrical Limited

Helix Electrical Limited (Registered number: 12801469)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Helix Electrical Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: P A Western





REGISTERED OFFICE: 6 Brushwood Grove
Emsworth
Hampshire
PO10 7GT





REGISTERED NUMBER: 12801469 (England and Wales)





ACCOUNTANTS: Direct Accounting
7 Cooks Lane
Southbourne
Emsworth
Hampshire
PO10 8LG

Helix Electrical Limited (Registered number: 12801469)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,478 19,305

CURRENT ASSETS
Debtors 5 4,864 2,890
Cash at bank 31,357 40,317
36,221 43,207
CREDITORS
Amounts falling due within one year 6 25,129 31,128
NET CURRENT ASSETS 11,092 12,079
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,570

31,384

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 25,569 31,383
SHAREHOLDERS' FUNDS 25,570 31,384

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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 25 October 2023 and were signed by:





P A Western - Director


Helix Electrical Limited (Registered number: 12801469)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Helix Electrical 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.

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
Computer equipment - 25% on 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 September 2022
and 31 August 2023 31,305 828 32,133
DEPRECIATION
At 1 September 2022 12,537 291 12,828
Charge for year 4,692 135 4,827
At 31 August 2023 17,229 426 17,655
NET BOOK VALUE
At 31 August 2023 14,076 402 14,478
At 31 August 2022 18,768 537 19,305

Helix Electrical Limited (Registered number: 12801469)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 4,761 2,380
Other debtors 103 510
4,864 2,890

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Hire purchase contracts 9,556 11,546
Payments on account - 3,627
Trade creditors 4,857 3,559
Taxation and social security 9,462 9,928
Other creditors 1,254 2,468
25,129 31,128

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Monies loaned to the company by P Western are considered to be interest free and repayable upon demand.
At the accounting year end date P Western was owed £4 (2022:£1,218) from the company.

8. ULTIMATE CONTROLLING PARTY

Ultimate control of the company is held by P Western by virtue of being the sole shareholder.