The Help Incorporated Limited 13904901 false 2022-02-09 2023-02-28 2023-02-28 The principal activity of the company is that of household staffing. Digita Accounts Production Advanced 6.30.9574.0 true 13904901 2022-02-09 2023-02-28 13904901 2023-02-28 13904901 core:CurrentFinancialInstruments 2023-02-28 13904901 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 13904901 core:OfficeEquipment 2023-02-28 13904901 core:PlantMachinery 2023-02-28 13904901 bus:SmallEntities 2022-02-09 2023-02-28 13904901 bus:AuditExemptWithAccountantsReport 2022-02-09 2023-02-28 13904901 bus:FullAccounts 2022-02-09 2023-02-28 13904901 bus:SmallCompaniesRegimeForAccounts 2022-02-09 2023-02-28 13904901 bus:RegisteredOffice 2022-02-09 2023-02-28 13904901 bus:Director1 2022-02-09 2023-02-28 13904901 bus:PrivateLimitedCompanyLtd 2022-02-09 2023-02-28 13904901 core:OfficeEquipment 2022-02-09 2023-02-28 13904901 core:PlantMachinery 2022-02-09 2023-02-28 13904901 countries:EnglandWales 2022-02-09 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 13904901

The Help Incorporated Limited

Annual Report and Unaudited Financial Statements

for the Period from 9 February 2022 to 28 February 2023

 

The Help Incorporated Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

The Help Incorporated Limited

(Registration number: 13904901)
Balance Sheet as at 28 February 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

3,067

Current assets

 

Debtors

5

13,203

Cash at bank and in hand

 

30,122

 

43,325

Creditors: Amounts falling due within one year

6

(41,909)

Net current assets

 

1,416

Total assets less current liabilities

 

4,483

Provisions for liabilities

(583)

Net assets

 

3,900

Capital and reserves

 

Called up share capital

100

Retained earnings

3,800

Shareholders' funds

 

3,900

For the financial period ending 28 February 2023 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 accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 November 2023 and signed on its behalf by:
 

 

The Help Incorporated Limited

(Registration number: 13904901)
Balance Sheet as at 28 February 2023

.........................................
K M Askew
Director

 

The Help Incorporated Limited

Notes to the Unaudited Financial Statements for the Period from 9 February 2022 to 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 9 Cirencester
Tetbury Road
Cirencester
Gloucestershire
GL7 6JJ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of cleanign and care services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

The Help Incorporated Limited

Notes to the Unaudited Financial Statements for the Period from 9 February 2022 to 28 February 2023

Asset class

Depreciation method and rate

Plant and equipment

20% straight line

Office equipment

20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 5.

 

The Help Incorporated Limited

Notes to the Unaudited Financial Statements for the Period from 9 February 2022 to 28 February 2023

4

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

Additions

730

2,639

3,369

At 28 February 2023

730

2,639

3,369

Depreciation

Charge for the period

89

213

302

At 28 February 2023

89

213

302

Carrying amount

At 28 February 2023

641

2,426

3,067

5

Debtors

Current

2023
£

Trade debtors

4,692

Other debtors

8,511

 

13,203

6

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Trade creditors

1,320

Taxation and social security

17,616

Other creditors

22,973

41,909