G A Helliar and Son Limited 04184504 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is commercial cleaning. Digita Accounts Production Advanced 6.30.9574.0 true 04184504 2022-04-01 2023-03-31 04184504 2023-03-31 04184504 bus:Director1 1 2023-03-31 04184504 bus:Director2 1 2023-03-31 04184504 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-03-31 04184504 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-03-31 04184504 core:CurrentFinancialInstruments 2023-03-31 04184504 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04184504 core:Non-currentFinancialInstruments 2023-03-31 04184504 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 04184504 core:MotorVehicles 2023-03-31 04184504 core:OfficeEquipment 2023-03-31 04184504 core:OtherPropertyPlantEquipment 2023-03-31 04184504 core:PlantMachinery 2023-03-31 04184504 bus:SmallEntities 2022-04-01 2023-03-31 04184504 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04184504 bus:FullAccounts 2022-04-01 2023-03-31 04184504 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 04184504 bus:RegisteredOffice 2022-04-01 2023-03-31 04184504 bus:Director1 2022-04-01 2023-03-31 04184504 bus:Director1 1 2022-04-01 2023-03-31 04184504 bus:Director2 2022-04-01 2023-03-31 04184504 bus:Director2 1 2022-04-01 2023-03-31 04184504 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04184504 bus:Agent1 2022-04-01 2023-03-31 04184504 core:FurnitureFittings 2022-04-01 2023-03-31 04184504 core:MotorVehicles 2022-04-01 2023-03-31 04184504 core:OfficeEquipment 2022-04-01 2023-03-31 04184504 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 04184504 core:PlantMachinery 2022-04-01 2023-03-31 04184504 countries:UnitedKingdom 2022-04-01 2023-03-31 04184504 2022-03-31 04184504 bus:Director1 1 2022-03-31 04184504 bus:Director2 1 2022-03-31 04184504 core:MotorVehicles 2022-03-31 04184504 core:OfficeEquipment 2022-03-31 04184504 core:OtherPropertyPlantEquipment 2022-03-31 04184504 core:PlantMachinery 2022-03-31 04184504 2021-04-01 2022-03-31 04184504 2022-03-31 04184504 bus:Director1 1 2022-03-31 04184504 bus:Director2 1 2022-03-31 04184504 core:HirePurchaseContracts core:CurrentFinancialInstruments 2022-03-31 04184504 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2022-03-31 04184504 core:CurrentFinancialInstruments 2022-03-31 04184504 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 04184504 core:Non-currentFinancialInstruments 2022-03-31 04184504 core:Non-currentFinancialInstruments core:AfterOneYear 2022-03-31 04184504 core:MotorVehicles 2022-03-31 04184504 core:OfficeEquipment 2022-03-31 04184504 core:OtherPropertyPlantEquipment 2022-03-31 04184504 core:PlantMachinery 2022-03-31 04184504 bus:Director1 1 2021-04-01 2022-03-31 04184504 bus:Director2 1 2021-04-01 2022-03-31 04184504 bus:Director1 1 2021-03-31 04184504 bus:Director2 1 2021-03-31 iso4217:GBP xbrli:pure

Registration number: 04184504

G A Helliar and Son Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

FRS 102 1A Filleted

 

G A Helliar and Son Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 12

 

G A Helliar and Son Limited

Company Information

Directors

Mr G Helliar

Mrs M Helliar

Registered office

Unit 15/16
The Parade Ground
Yeovil
Somerset
BA22 8HZ

Accountants

Kennedy Legg
Stafford House
10 Prince of Wales Road
Dorchester
Dorset
DT1 1PW

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
G A Helliar and Son Limited
for the Year Ended 31 March 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of G A Helliar and Son Limited for the year ended 31 March 2023 as set out on pages 3 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at:
https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of G A Helliar and Son Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of G A Helliar and Son Limited and state those matters that we have agreed to state to the Board of Directors of G A Helliar and Son Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at:
http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet-163-
audit-exempt-companies.html.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G A Helliar and Son Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that G A Helliar and Son Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of G A Helliar and Son Limited. You consider that G A Helliar and Son Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of G A Helliar and Son Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Kennedy Legg
 
Stafford House
10 Prince of Wales Road
Dorchester
Dorset
DT1 1PW

14 November 2023

 

G A Helliar and Son Limited

(Registration number: 04184504)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

495,408

406,497

Current assets

 

Stocks

5

30,176

39,871

Debtors

6

396,294

486,607

Cash at bank and in hand

 

10,343

121,403

 

436,813

647,881

Creditors: Amounts falling due within one year

7

(735,030)

(798,748)

Net current liabilities

 

(298,217)

(150,867)

Total assets less current liabilities

 

197,191

255,630

Creditors: Amounts falling due after more than one year

7

(256,910)

(343,053)

Provisions for liabilities

(90,771)

(6,324)

Net liabilities

 

(150,490)

(93,747)

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

(150,590)

(93,847)

Shareholders' deficit

 

(150,490)

(93,747)

For the financial year ending 31 March 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 year 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.

 

G A Helliar and Son Limited

(Registration number: 04184504)
Balance Sheet as at 31 March 2023

Approved and authorised by the Board on 14 November 2023 and signed on its behalf by:
 

.........................................
Mr G Helliar
Director

 

G A Helliar and Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Unit 15/16
The Parade Ground
Yeovil
Somerset
BA22 8HZ

These financial statements were authorised for issue by the Board on 14 November 2023.

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 sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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.

 

G A Helliar and Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

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:

Asset class

Depreciation method and rate

Plant & Machinery

15% reducing balance and 20 years straight line basis

Motor Vehicles

25% reducing balance basis

Fixtures, Fittings & Office

25% reducing balance basis

Linen

3 years straight line basis

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.

Trade debtors

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

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

G A Helliar and Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

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.

 

G A Helliar and Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 80 (2022 - 65).

 

G A Helliar and Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Other tangible assets
 £

Total
£

Cost or valuation

At 1 April 2022

389,475

44,533

163,192

67,389

664,589

Additions

97,309

825

20,363

70,553

189,050

Disposals

(1,850)

-

(60,725)

-

(62,575)

At 31 March 2023

484,934

45,358

122,830

137,942

791,064

Depreciation

At 1 April 2022

115,195

26,849

98,308

17,760

258,112

Charge for the year

20,421

4,647

9,853

34,113

69,034

Eliminated on disposal

(415)

-

(31,075)

-

(31,490)

At 31 March 2023

135,201

31,496

77,086

51,873

295,656

Carrying amount

At 31 March 2023

349,733

13,862

45,744

86,069

495,408

At 31 March 2022

274,280

17,684

64,884

49,649

406,497

5

Stocks

2023
£

2022
£

Other inventories

30,176

39,871

6

Debtors

Current

2023
£

2022
£

Trade debtors

211,042

230,476

Prepayments

18,169

18,116

Other debtors

167,083

238,015

 

396,294

486,607

 

G A Helliar and Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

7

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

9

153,591

177,238

Trade creditors

 

155,599

205,549

Taxation and social security

 

111,038

91,803

Accruals and deferred income

 

66,948

86,133

Other creditors

 

247,854

238,025

 

735,030

798,748

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £153,591 (2022 - £177,238).

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

9

256,910

343,053

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £256,910 (2022 - £343,053).

8

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

ordinary share of £1 each

100

100

100

100

         
 

G A Helliar and Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

9

Loans and borrowings

2023
£

2022
£

Non-current loans and borrowings

Bank borrowings

60,993

86,556

Hire purchase contracts

51,315

39,366

Other borrowings

144,602

217,131

256,910

343,053

2023
£

2022
£

Current loans and borrowings

Bank borrowings

26,793

28,023

Bank overdrafts

92,233

104,169

Hire purchase contracts

34,565

45,046

153,591

177,238

10

Related party transactions

Transactions with directors

2023

At 1 April 2022
£

Repayments by director
£

At 31 March 2023
£

Mr G Helliar

Directors loan account

164,551

(164,551)

-

       
     

Mrs M Helliar

Directors loan account

6,597

(6,597)

-

       
     

 

 

G A Helliar and Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

2022

At 1 April 2021
£

Advances to director
£

At 31 March 2022
£

Mr G Helliar

Directors loan account

119,099

45,452

164,551

       
     

Mrs M Helliar

Directors loan account

6,543

54

6,597