Registered number
04439937
Helen Tasker Limited
Unaudited Filleted Accounts
For the Year Ended
31 May 2024
Helen Tasker Limited
Registered number: 04439937
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 7,145 9,196
Current assets
Debtors 5 10,215 7,537
Cash at bank and in hand 32,059 34,233
42,274 41,770
Creditors: amounts falling due within one year 6 (36,873) (35,034)
Net current assets 5,401 6,736
Total assets less current liabilities 12,546 15,932
Provisions for liabilities (1,429) (1,747)
Net assets 11,117 14,185
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,017 14,085
Shareholder's funds 11,117 14,185
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
H G Tasker
Director
Approved by the board on 13 November 2024
Helen Tasker Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 25% reducing balance
Equipment 10% reducing balance
Computers 30% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 June 2023 12,000
At 31 May 2024 12,000
Amortisation
At 1 June 2023 12,000
At 31 May 2024 12,000
Net book value
At 31 May 2024 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 June 2023 9,727 16,500 26,227
At 31 May 2024 9,727 16,500 26,227
Depreciation
At 1 June 2023 8,071 8,960 17,031
Charge for the year 166 1,885 2,051
At 31 May 2024 8,237 10,845 19,082
Net book value
At 31 May 2024 1,490 5,655 7,145
At 31 May 2023 1,656 7,540 9,196
5 Debtors 2024 2023
£ £
Trade debtors 10,215 7,537
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 717 126
Trade creditors - 135
Taxation and social security costs 2,841 1,754
Other creditors 33,315 33,019
36,873 35,034
7 Controlling party
The controlling party is H G Tasker by virtue of her ownership of 100% of the issued ordinary share capital in the company.
8 Other information
Helen Tasker Limited is a private company limited by shares and incorporated in England. Its registered office is:
Jackson & Graham
Lake Road
Bowness-on-Windermere
Cumbria
LA23 2JJ
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