Company Registration No. 14041315 (England and Wales)
HELIXGATE LTD
Unaudited accounts
for the year ended 30 April 2024
HELIXGATE LTD
Unaudited accounts
Contents
HELIXGATE LTD
Company Information
for the year ended 30 April 2024
Director
Shmuel Baruch Feldman
Company Number
14041315 (England and Wales)
Registered Office
FORDGATE HOUSE
1 ALLSOP PLACE
LONDON
NW1 5LF
UNITED KINGDOM
HELIXGATE LTD
Statement of financial position
as at 30 April 2024
Called up share capital not paid
100
100
Investment property
5,265,919
5,265,919
Cash at bank and in hand
116,869
186,504
Creditors: amounts falling due within one year
(211,748)
(230,867)
Net current assets
37,486
73,583
Total assets less current liabilities
5,303,505
5,339,602
Creditors: amounts falling due after more than one year
(5,319,874)
(5,325,078)
Net (liabilities)/assets
(16,369)
14,524
Called up share capital
100
100
Profit and loss account
(16,469)
14,424
Shareholders' funds
(16,369)
14,524
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 January 2025 and were signed on its behalf by
Shmuel Baruch Feldman
Director
Company Registration No. 14041315
HELIXGATE LTD
Notes to the Accounts
for the year ended 30 April 2024
HELIXGATE LTD is a private company, limited by shares, registered in England and Wales, registration number 14041315. The registered office is FORDGATE HOUSE, 1 ALLSOP PLACE, LONDON, NW1 5LF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared in accordance with the accounting principals appropriate to a going concern.
Fair value at 1 May 2023
5,265,919
At 30 April 2024
5,265,919
Investment property fair value is determined by the directors based on their understanding of property market conditions and the specific property concerned.
Amounts falling due within one year
Trade debtors
66,832
39,500
Accrued income and prepayments
65,533
78,446
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,376
4,147
Taxes and social security
-
3,384
Other creditors
118,525
118,525
Deferred income
62,560
62,027
HELIXGATE LTD
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
3,749,658
3,775,980
Other creditors
1,570,216
1,549,098
8
Transactions with related parties
Included in other creditors is £1,177,662 due to a company which the director of this company is also a director.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).