Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09481436 Mr Malcolm Abbott Dr James Date iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09481436 2024-03-31 09481436 2025-03-31 09481436 2024-04-01 2025-03-31 09481436 frs-core:CurrentFinancialInstruments 2025-03-31 09481436 frs-core:OtherReservesSubtotal 2025-03-31 09481436 frs-core:ShareCapital 2025-03-31 09481436 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09481436 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09481436 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09481436 frs-bus:SmallEntities 2024-04-01 2025-03-31 09481436 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09481436 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09481436 frs-bus:Director1 2024-04-01 2025-03-31 09481436 frs-bus:Director2 2024-04-01 2025-03-31 09481436 frs-countries:EnglandWales 2024-04-01 2025-03-31 09481436 2023-03-31 09481436 2024-03-31 09481436 2023-04-01 2024-03-31 09481436 frs-core:CurrentFinancialInstruments 2024-03-31 09481436 frs-core:OtherReservesSubtotal 2024-03-31 09481436 frs-core:ShareCapital 2024-03-31 09481436 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09481436
Helix Drilling Tools Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Jon Line Accountancy Limited
65, Bishopsworth Road
Bristol
BS13 7JW
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 09481436
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,532 196
Cash at bank and in hand 4,552 5,677
6,084 5,873
Creditors: Amounts Falling Due Within One Year 5 (234,083 ) (227,962 )
NET CURRENT ASSETS (LIABILITIES) (227,999 ) (222,089 )
TOTAL ASSETS LESS CURRENT LIABILITIES (227,999 ) (222,089 )
NET LIABILITIES (227,999 ) (222,089 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Other reserves 4,392 4,392
Profit and Loss Account (232,491 ) (226,581 )
SHAREHOLDERS' FUNDS (227,999) (222,089)
For the year ending 31 March 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr James Date
Director
1st March 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Helix Drilling Tools Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09481436 . The registered office is St Brandons House, 29 Great George Street, Bristol, BS1 5QT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Manufacturing 2 2
2 2
4. Debtors
2025 2024
£ £
Due within one year
VAT 1,532 196
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Directors' loan accounts 234,083 227,962
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 2