Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalsefalse12023-03-240false 14755659 2023-03-23 14755659 2023-03-24 2024-03-31 14755659 2022-03-24 2023-03-23 14755659 2024-03-31 14755659 c:Director1 2023-03-24 2024-03-31 14755659 d:CurrentFinancialInstruments 2024-03-31 14755659 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14755659 d:ShareCapital 2023-03-24 2024-03-31 14755659 d:ShareCapital 2024-03-31 14755659 d:RetainedEarningsAccumulatedLosses 2023-03-24 2024-03-31 14755659 d:RetainedEarningsAccumulatedLosses 2024-03-31 14755659 c:OrdinaryShareClass1 2023-03-24 2024-03-31 14755659 c:OrdinaryShareClass1 2024-03-31 14755659 c:OrdinaryShareClass2 2023-03-24 2024-03-31 14755659 c:OrdinaryShareClass2 2024-03-31 14755659 c:OrdinaryShareClass3 2023-03-24 2024-03-31 14755659 c:OrdinaryShareClass3 2024-03-31 14755659 c:FRS102 2023-03-24 2024-03-31 14755659 c:AuditExemptWithAccountantsReport 2023-03-24 2024-03-31 14755659 c:FullAccounts 2023-03-24 2024-03-31 14755659 c:PrivateLimitedCompanyLtd 2023-03-24 2024-03-31 14755659 e:PoundSterling 2023-03-24 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14755659










HELLENE CAPITAL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
HELLENE CAPITAL LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HELLENE CAPITAL LIMITED
FOR THE PERIOD ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hellene Capital Limited for the period ended 31 March 2024 which comprise  the Balance Sheet, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Hellene Capital Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Hellene Capital Limited and state those matters that we have agreed to state to the director of Hellene Capital Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hellene Capital Limited and its director for our work or for this report. 

It is your duty to ensure that Hellene Capital Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hellene Capital Limited. You consider that Hellene Capital Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Hellene Capital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



HaysMac LLP
10 Queen Street Place
London
EC4R 1AG
20 November 2024
Page 1

 
HELLENE CAPITAL LIMITED
REGISTERED NUMBER: 14755659

BALANCE SHEET
AS AT 31 MARCH 2024

31 March 2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
12,927

Cash at bank and in hand
 5 
175

  
13,102

Creditors: amounts falling due within one year
 6 
(14,278)

  

Net liabilities
  
(1,176)


Capital and reserves
  

Called up share capital 
 7 
102

Profit and loss account
 8 
(1,278)

  
(1,176)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J J Ivory
Director

Date: 19 November 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
HELLENE CAPITAL LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Loss for the period
-
(1,278)
(1,278)


Contributions by and distributions to owners

Shares issued during the period
102
-
102


At 31 March 2024
102
(1,278)
(1,176)

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
HELLENE CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Hellene Capital Limited is a private company (registered number: 14755659), limited by shares, registered in England and Wales. The registered office address is 10 Queen Street Place, London,United Kingdom EC4R 1AG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Going concern

The directors have reviewed the company's liabilities over the next 12 months and consider the business to be a going concern on the assumption that financial support will be available from the shareholders for the foreseeable future and at least for 12 months from the date of the approval of these financial statements which will ensure that all financial commitments can be met when they fall due in the current economic environment. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
HELLENE CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 5

 
HELLENE CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

3.


Employees




The average monthly number of employees, including directors, during the period was 1.


4.


Debtors

2024
£


Other debtors
6,927

Accrued income
6,000

12,927



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
175



6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
2,568

Other creditors
7,810

Accruals
3,900

14,278


Page 6

 
HELLENE CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100
1 Ordinary A share of £1.00
1
1 Ordinary B share of £1.00
1

102


Upon incorporation, 102 ordinary shares of £1 each were issued and paid at par.


8.


Profit and Loss

The profit and loss account comprises of all current period retained losses.


9.


Related party transactions

Hellene Capital Limited holds a 4% ownership stake each of Packaged Living (Atlantic) LLP and Packaged Living (Reading) LLP.
Included within other debtors is a balance of £1,257 due from Packaged Living (Atlantic) LLP. 
Included within other debtors is a balance of £5,568 due from Packaged Living (Reading) LLP. 

Page 7