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REGISTERED NUMBER: 13846611 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Helmed Ventures Limited

Helmed Ventures Limited (Registered number: 13846611)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Helmed Ventures Limited

Company Information
for the Year Ended 31 January 2025







Directors: Mr L Brook
Mrs J L E Brook





Registered office: Helmed Office
14 Bessingby Way
Bridlington
East Yorkshire
YO16 4SJ





Registered number: 13846611 (England and Wales)





Accountants: Ullyott Limited
6 George Street
Driffield
East Yorkshire
YO25 6RA

Helmed Ventures Limited (Registered number: 13846611)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,504 14,270

CURRENT ASSETS
Debtors 5 1,535 759
Cash at bank 15,508 24,312
17,043 25,071
CREDITORS
Amounts falling due within one year 6 16,695 8,498
NET CURRENT ASSETS 348 16,573
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,852

30,843

PROVISIONS FOR LIABILITIES 7 2,946 2,711
NET ASSETS 12,906 28,132

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 12,806 28,032
SHAREHOLDERS' FUNDS 12,906 28,132

Helmed Ventures Limited (Registered number: 13846611)

Balance Sheet - continued
31 January 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by:





Mr L Brook - Director


Helmed Ventures Limited (Registered number: 13846611)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Helmed Ventures 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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Helmed Ventures Limited (Registered number: 13846611)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2024 1,747 12,913 2,985 17,645
Additions 3,612 - 1,711 5,323
At 31 January 2025 5,359 12,913 4,696 22,968
DEPRECIATION
At 1 February 2024 349 2,691 335 3,375
Charge for year 636 2,556 897 4,089
At 31 January 2025 985 5,247 1,232 7,464
NET BOOK VALUE
At 31 January 2025 4,374 7,666 3,464 15,504
At 31 January 2024 1,398 10,222 2,650 14,270

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,535 -
VAT - 759
1,535 759

Helmed Ventures Limited (Registered number: 13846611)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Corporation tax 5,848 7,544
Social security and other taxes 803 40
VAT 8,795 -
Other creditors 275 -
Directors' current accounts 109 374
Accruals and deferred income 865 540
16,695 8,498

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 2,946 2,711

Deferred
tax
£   
Balance at 1 February 2024 2,711
Provided during year 235
Balance at 31 January 2025 2,946

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100
1 A Ordinary £1 - -
100 100