Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 13 December 2021 false 1 January 2023 31 December 2023 31 December 2023 13797438 Mr O Rands iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13797438 2022-12-31 13797438 2023-12-31 13797438 2023-01-01 2023-12-31 13797438 frs-core:CurrentFinancialInstruments 2023-12-31 13797438 frs-core:ComputerEquipment 2023-12-31 13797438 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13797438 frs-core:ComputerEquipment 2022-12-31 13797438 frs-core:ShareCapital 2023-12-31 13797438 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13797438 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13797438 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13797438 frs-bus:SmallEntities 2023-01-01 2023-12-31 13797438 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13797438 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13797438 frs-bus:Director1 2023-01-01 2023-12-31 13797438 frs-bus:Director1 2022-12-31 13797438 frs-bus:Director1 2023-12-31 13797438 frs-countries:EnglandWales 2023-01-01 2023-12-31 13797438 2021-12-12 13797438 2022-12-31 13797438 2021-12-13 2022-12-31 13797438 frs-core:CurrentFinancialInstruments 2022-12-31 13797438 frs-core:ShareCapital 2022-12-31 13797438 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13797438
Helices Capital Ltd
Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13797438
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,142 1,427
1,142 1,427
CURRENT ASSETS
Debtors 5 652 764
Investments 6 9,060 8,969
Cash at bank and in hand 542 307
10,254 10,040
Creditors: Amounts Falling Due Within One Year 7 (20,874 ) (18,021 )
NET CURRENT ASSETS (LIABILITIES) (10,620 ) (7,981 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,478 ) (6,554 )
NET LIABILITIES (9,478 ) (6,554 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Income Statement (9,479 ) (6,555 )
SHAREHOLDERS' FUNDS (9,478) (6,554)
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr O Rands
Director
21/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Helices Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13797438 . The registered office is Office 43, The Cobalt Building, 1600 Eureka Park, Lower Pemberton, Ashford, Kent, TN25 4BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 20% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 1,784
As at 31 December 2023 1,784
Depreciation
As at 1 January 2023 357
Provided during the period 285
As at 31 December 2023 642
Net Book Value
As at 31 December 2023 1,142
As at 1 January 2023 1,427
5. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Other debtors 652 764
Page 3
Page 4
6. Current Asset Investments
31 December 2023 31 December 2022
£ £
Short term deposits 9,060 8,969
7. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 162 -
Other creditors 20,712 18,021
20,874 18,021
8. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within creditors are the following loans from directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Oliver Rands (18,021 ) - (2,691 ) - (20,712 )
The above loan is unsecured, interest free and repayable on demand.
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