Company Registration No. 787942 (England and Wales)
Helme & Hallett Limited
Unaudited accounts
for the year ended 30 June 2024
Helme & Hallett Limited
Unaudited accounts
Contents
Helme & Hallett Limited
Company Information
for the year ended 30 June 2024
Directors
SKW Helme
Mrs CS Helme
G Fenn
Company Number
787942 (England and Wales)
Registered Office
42B High Street
Cuckfield
West Sussex
RH17 5EL
Accountants
Keymer Haslam & Co
4/6 Church Road
Burgess Hill
West Sussex
RH15 9AE
Helme & Hallett Limited
Statement of financial position
as at 30 June 2024
Tangible assets
50,005
66,672
Cash at bank and in hand
207,713
342,977
Creditors: amounts falling due within one year
(251,059)
(210,302)
Net current assets
235,498
239,411
Net assets
285,503
306,083
Called up share capital
500
500
Profit and loss account
285,003
305,583
Shareholders' funds
285,503
306,083
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by
SKW Helme
Director
Company Registration No. 787942
Helme & Hallett Limited
Notes to the Accounts
for the year ended 30 June 2024
Helme & Hallett Limited is a private company, limited by shares, registered in England and Wales, registration number 787942. The registered office is 42B High Street, Cuckfield, West Sussex, RH17 5EL.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Helme & Hallett Limited
Notes to the Accounts
for the year ended 30 June 2024
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
11,393
178,956
190,349
At 30 June 2024
11,393
178,956
190,349
At 1 July 2023
5,968
117,709
123,677
Charge for the year
1,356
15,311
16,667
At 30 June 2024
7,324
133,020
140,344
At 30 June 2024
4,069
45,936
50,005
At 30 June 2023
5,425
61,247
66,672
Amounts falling due within one year
Trade debtors
188,479
26,084
Accrued income and prepayments
88,135
78,422
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,989
17,430
Trade creditors
93,392
83,409
Taxes and social security
103,551
72,522
Other creditors
15,401
19,449
Loans from directors
11,401
600
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Average number of employees
During the year the average number of employees was 17 (2023: 17).