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REGISTERED NUMBER: 00757629 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HELIUS INVESTMENTS LIMITED

HELIUS INVESTMENTS LIMITED (REGISTERED NUMBER: 00757629)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HELIUS INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Ms R C Rowlands





REGISTERED OFFICE: 1 Victoria Parade
Sandycombe Road
Richmond
Surrey
TW9 3NB





REGISTERED NUMBER: 00757629 (England and Wales)





ACCOUNTANTS: Smith Pearman
Chartered Accountants
Hurst House
High Street
Ripley
Surrey
GU23 6AY

HELIUS INVESTMENTS LIMITED (REGISTERED NUMBER: 00757629)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,337 20,544
Investment property 5 12,086,993 11,171,083
12,106,330 11,191,627

CURRENT ASSETS
Debtors 6 160,658 598,151
Cash at bank 763,573 723,931
924,231 1,322,082
CREDITORS
Amounts falling due within one year 7 298,173 265,974
NET CURRENT ASSETS 626,058 1,056,108
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,732,388

12,247,735

PROVISIONS FOR LIABILITIES 1,002,270 938,163
NET ASSETS 11,730,118 11,309,572

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 8 5,018,750 5,163,123
Retained earnings 6,710,368 6,145,449
SHAREHOLDERS' FUNDS 11,730,118 11,309,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 September 2024 and were signed by:





Ms R C Rowlands - Director


HELIUS INVESTMENTS LIMITED (REGISTERED NUMBER: 00757629)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Helius Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts receivable for rents and services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 20% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

HELIUS INVESTMENTS LIMITED (REGISTERED NUMBER: 00757629)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 58,538
Additions 2,100
At 31 December 2023 60,638
DEPRECIATION
At 1 January 2023 37,994
Charge for year 3,307
At 31 December 2023 41,301
NET BOOK VALUE
At 31 December 2023 19,337
At 31 December 2022 20,544

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 11,171,083
Additions 612,796
Revaluations 303,114
At 31 December 2023 12,086,993
NET BOOK VALUE
At 31 December 2023 12,086,993
At 31 December 2022 11,171,083

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2014 5,128,953
Valuation in 2015 616,729
Valuation in 2016 158,726
Valuation in 2017 159,091
Valuation in 2018 (8,032 )
Valuation in 2020 (422,341 )
Valuation in 2021 45,572
Valuation in 2022 41,403
Valuation in 2023 303,114
Cost 6,063,778
12,086,993

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 6,063,778 5,450,983

Investment property was valued on an open market basis on 31 December 2023 by the directors .

HELIUS INVESTMENTS LIMITED (REGISTERED NUMBER: 00757629)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 92,838 106,900
Other debtors 67,820 416,482
160,658 523,382

Amounts falling due after more than one year:
Other debtors - 74,769

Aggregate amounts 160,658 598,151

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 88,483 86,558
Other creditors 209,690 179,416
298,173 265,974

8. RESERVES
Fair
value
reserve
£   
At 1 January 2023 5,163,123
Movement in year (144,373 )

At 31 December 2023 5,018,750