Company registration number 07026532 (England and Wales)
Helical Blue Limited
Unaudited
financial statements
for the year ended 30 September 2023
PAGES FOR FILING WITH REGISTRAR
Helical Blue Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Helical Blue Limited
Statement of financial position
as at 30 September 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
28
Current assets
Cash at bank and in hand
670
264
Creditors: amounts falling due within one year
(12,438)
(17,192)
Net current liabilities
(11,768)
(16,928)
Net liabilities
(11,768)
(16,900)
Capital and reserves
Called up share capital
10
10
Profit and loss reserves
(11,778)
(16,910)
Total equity
(11,768)
(16,900)
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 16 April 2024 and are signed on its behalf by:
J Muxworthy
Director
Company Registration No. 07026532
Helical Blue Limited
Notes to the Financial Statements
for the year ended 30 September 2023
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computer equipment
25% Straight Line
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
Helical Blue Limited
Notes to the Financial Statements (continued)
for the year ended 30 September 2023
- 3 -
3
Tangible fixed assets
Total
£
Cost
At 1 October 2022 and 30 September 2023
7,322
Depreciation and impairment
At 1 October 2022
7,294
Depreciation charged in the year
28
At 30 September 2023
7,322
Carrying amount
At 30 September 2023
At 30 September 2022
28
4
Company information
Helical Blue Limited is a private company limited by shares incorporated in England and Wales. The registered office is Metic House, Ripley Drive, Normanton, West Yorkshire, WF6 1QT.