Company registration number 10052343 (England and Wales)
HELIX TANKS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
HELIX TANKS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
HELIX TANKS LIMITED
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
-
0
24,806
Current assets
Debtors
4
513
68,233
Cash at bank and in hand
1,426
5,175
1,939
73,408
Creditors: amounts falling due within one year
5
(7,952)
(82,359)
Net current liabilities
(6,013)
(8,951)
Total assets less current liabilities
(6,013)
15,855
Creditors: amounts falling due after more than one year
6
-
0
(11,151)
Provisions for liabilities
-
0
(4,713)
Net liabilities
(6,013)
(9)
Capital and reserves
Called up share capital
100
1
Profit and loss reserves
(6,113)
(10)
Total equity
(6,013)
(9)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 30 June 2024 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 member has not required the company to obtain an audit of its financial statements for the period 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.

HELIX TANKS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2024
30 June 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 29 July 2024 and are signed on its behalf by:
M King
Director
Company Registration No. 10052343
HELIX TANKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
- 3 -
1
Accounting policies
Company information

Helix Tanks Limited is a private company limited by shares incorporated in England and Wales. The registered office is Units 2 & 3, Oakwood Business Park, Oldmixon Crescent, Weston Super Mare, Somerset, BS24 9AY.

1.1
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, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Reporting period

[ FRS 102 3.10 An entity shall present a complete set of financial statements (including comparative information as set out in paragraph 3.14) at least annually. When the end of an entity’s reporting period changes and the annual financial statements are presented for a period longer or shorter than one year, the entity shall disclose the following: (a) that fact; (b) the reason for using a longer or shorter period; and (c) the fact that comparative amounts presented in the financial statements (including the related notes) are not entirely comparable. ]

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
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:

Computers
25% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Financial instruments

The following assets and liabilities are classified as financial instruments – trade debtors, trade creditors, bank loans and directors’ loans.

 

Directors’ loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

HELIX TANKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 4 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings/Profit and Loss Account.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
2023
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023
59,591
Disposals
(59,591)
At 30 June 2024
-
0
Depreciation and impairment
At 1 April 2023
34,785
Eliminated in respect of disposals
(34,785)
At 30 June 2024
-
0
Carrying amount
At 30 June 2024
-
0
At 31 March 2023
24,806
HELIX TANKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
- 5 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
414
68,075
Other debtors
99
158
513
68,233
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
672
-
0
Corporation tax
5,004
6,526
Other taxation and social security
521
13,111
Other creditors
1,755
62,722
7,952
82,359
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
-
0
11,151
2024-06-302023-04-01false29 July 2024CCH SoftwareCCH Accounts Production 2022.200No description of principal activityMr R AndrewsPamela AndrewsM KingS Wheaton100523432023-04-012024-06-30100523432024-06-30100523432023-03-3110052343core:OtherPropertyPlantEquipment2024-06-3010052343core:OtherPropertyPlantEquipment2023-03-3110052343core:CurrentFinancialInstrumentscore:WithinOneYear2024-06-3010052343core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3110052343core:Non-currentFinancialInstrumentscore:AfterOneYear2024-06-3010052343core:Non-currentFinancialInstrumentscore:AfterOneYear2023-03-3110052343core:CurrentFinancialInstruments2024-06-3010052343core:CurrentFinancialInstruments2023-03-3110052343core:ShareCapital2024-06-3010052343core:ShareCapital2023-03-3110052343core:RetainedEarningsAccumulatedLosses2024-06-3010052343core:RetainedEarningsAccumulatedLosses2023-03-3110052343bus:Director32023-04-012024-06-3010052343core:ComputerEquipment2023-04-012024-06-3010052343core:MotorVehicles2023-04-012024-06-30100523432022-04-012023-03-3110052343core:OtherPropertyPlantEquipment2023-03-3110052343core:OtherPropertyPlantEquipment2023-04-012024-06-3010052343core:WithinOneYear2024-06-3010052343core:WithinOneYear2023-03-3110052343core:Non-currentFinancialInstruments2024-06-3010052343core:Non-currentFinancialInstruments2023-03-3110052343bus:PrivateLimitedCompanyLtd2023-04-012024-06-3010052343bus:SmallCompaniesRegimeForAccounts2023-04-012024-06-3010052343bus:FRS1022023-04-012024-06-3010052343bus:AuditExemptWithAccountantsReport2023-04-012024-06-3010052343bus:Director12023-04-012024-06-3010052343bus:Director22023-04-012024-06-3010052343bus:Director42023-04-012024-06-3010052343bus:FullAccounts2023-04-012024-06-30xbrli:purexbrli:sharesiso4217:GBP