Helliwell and Company Holdings Limited 12727136 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is management of real estate on a fee or contract basis. Digita Accounts Production Advanced 6.30.9574.0 true false 12727136 2023-04-01 2024-03-31 12727136 2024-03-31 12727136 core:CurrentFinancialInstruments 2024-03-31 12727136 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12727136 bus:SmallEntities 2023-04-01 2024-03-31 12727136 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12727136 bus:FilletedAccounts 2023-04-01 2024-03-31 12727136 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12727136 bus:RegisteredOffice 2023-04-01 2024-03-31 12727136 bus:Director1 2023-04-01 2024-03-31 12727136 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12727136 countries:EnglandWales 2023-04-01 2024-03-31 12727136 core:CostValuation 2023-03-31 12727136 2022-04-01 2023-03-31 12727136 2023-03-31 12727136 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 12727136

Helliwell and Company Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Helliwell and Company Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Helliwell and Company Holdings Limited

Company Information

Director:

J Helliwell

Registered office:

Savoy House
Savoy Circus
London
W3 7DA

Registered number:

12727136

Accountants:

Wem & Co
Chartered Accountants
Savoy House
Savoy Circus
London
W3 7DA

 

Helliwell and Company Holdings Limited

(Registration number: 12727136)
Balance Sheet as at 31 March 2024

Note

31.03.24

31.03.23

   

£

£

£

£

FIXED ASSETS

   

 

Investments

4

 

125,075

 

125,075

CURRENT ASSETS

   

 

Debtors

5

18,503

 

53,198

 

Cash at bank and in hand

 

25

 

25

 

 

18,528

 

53,223

 

CREDITORS

   

 

Creditors within 1yr

6

133,141

 

160,442

 

Net current liabilities

   

(114,613)

 

(107,219)

Net assets

   

10,462

 

17,856

CAPITAL AND RESERVES

   

 

Called up share capital

 

100

 

100

Profit and loss account

 

10,362

 

17,756

Shareholders' funds

   

10,462

 

17,856

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 November 2024

.........................................
J Helliwell
Director

 

Helliwell and Company Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1.

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Savoy House
Savoy Circus
London
W3 7DA
England

These financial statements were authorised for issue by the director on 25 November 2024.

2.

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency is Pound Sterling (£).

Summary of disclosure exemptions

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Helliwell and Company Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

2

Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Helliwell and Company Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

3.

Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

4.

Investments

31.03.24
£

31.03.23
£

Investments in subsidiaries

125,075

125,075

Subsidiaries

£

Cost or valuation

At 1 April 2023

125,075

Provision

Carrying amount

At 31 March 2024

125,075

At 31 March 2023

125,075

5.

Debtors

31.03.24
£

31.03.23
£

Other debtors

18,503

53,198

18,503

53,198

Included in other debtors is a loan to a director of £18,503 (2023: £53,198). Interest is charged on the loan at the official rate. The loan was repaid in full within nine months of the year end.

6.

Creditors

Creditors: amounts falling due within one year

Note

31.03.24
£

31.03.23
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

129,541

154,442

Accruals and deferred income

 

3,600

6,000

 

133,141

160,442