Registered Number:SC425781 |
For the year ended 31 May 2024
Scotland
Unaudited Financial Statements
For the year ended 31 May 2024
HELCAT TRAINING LTD
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
HELCAT TRAINING LTD
Statement of Financial Position
2023
2024
Property, plant and equipment |
297,621
293,280
2
297,621
293,280
Trade and other receivables |
12,255
51,482
3
66,571
Cash and cash equivalents |
4,504
55,986
78,826
Trade and other payables: amounts falling due |
within one year |
503
(39,715)
4
79,329
16,271
Net current assets
Total assets less current liabilities |
313,892
372,609
Trade and other payables: amounts falling due after |
more than one year |
(228,048)
(193,336)
5
120,556
Net assets
144,561
100
100
120,456
144,461
120,556
144,561
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver |
ed. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 May 2024
HELCAT TRAINING LTD
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 26 February 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2024
HELCAT TRAINING LTD
Notes to the Financial Statements
Statutory Information
HELCAT TRAINING LTD is a private limited company, limited by shares, domiciled in Scotland, |
registration number SC425781. |
4A ORMLIE INDUSTRIAL ESTATE
THURSO
CAITHNESS
KW14 7QU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of |
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and |
Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared |
under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Office equipment
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors |
the expected useful lives are sufficiently long and the estimated residual values are sufficiently high |
that any such depreciation would be immaterial. The directors undertake an annual impairment |
review of these properties. |
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
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For the year ended 31 May 2024
HELCAT TRAINING LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
358,033
15,877
42,129
20,352
4,700
274,975
274,975
20,352
42,129
15,877
358,033
4,700
Provision for depreciation and impairmen |
t |
64,753
11,316
34,825
13,912
4,700
-
Charge for year
(4,341)
(2,299)
(432)
(1,610)
-
-
60,412
9,017
34,393
12,302
4,700
-
274,975
-
8,050
7,736
6,860
297,621
274,975
-
6,440
7,304
4,561
293,280
3. Trade and other receivables |
2023
2024
51,482
12,255
4. Trade and other payables: amounts falling due within one year |
2023
2024
17,415
-
17,912
(601)
Taxation and social security |
4,388
98
-
-
39,715
(503)
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For the year ended 31 May 2024
HELCAT TRAINING LTD
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
29,486
67,601
163,850
160,447
193,336
228,048
6. Average number of persons employed |
During the year the average number of employees was 0
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