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REGISTERED NUMBER: 12456995 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Helpful Mortgages Ltd

Helpful Mortgages Ltd (Registered number: 12456995)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Helpful Mortgages Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs R E Nicholls
I A Nicholls



REGISTERED OFFICE: 98 The Boulevard
Sutton Coldfield
United Kingdom
West Midlands
B73 5JG



REGISTERED NUMBER: 12456995 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: TSB Bank plc
PO Box 373
Leeds
LS14 9GQ

Helpful Mortgages Ltd (Registered number: 12456995)

Statement of Financial Position
31 March 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,234

CURRENT ASSETS
Cash at bank 23,711 31,069

CREDITORS
Amounts falling due within one year 5 20,647 30,635
NET CURRENT ASSETS 3,064 434
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,064

1,668

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,964 1,568
SHAREHOLDERS' FUNDS 3,064 1,668

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:





I A Nicholls - Director


Helpful Mortgages Ltd (Registered number: 12456995)

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


1. STATUTORY INFORMATION

Helpful Mortgages Ltd 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.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

Helpful Mortgages Ltd (Registered number: 12456995)

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


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
Cost
At 1 April 2024 6,325
Disposals (6,325 )
At 31 March 2025 -
Depreciation
At 1 April 2024 5,091
Charge for year 463
Eliminated on disposal (5,554 )
At 31 March 2025 -
Net book value
At 31 March 2025 -
At 31 March 2024 1,234

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Taxation and social security 7,837 11,479
Other creditors 12,810 19,156
20,647 30,635

6. RELATED PARTY DISCLOSURES

Directors - I A Nicholls & Mrs R E Nicholls

At 31 March 2025 the company owed the directors £11,968 (2024 - £18,436). This balance, included within other creditors, is made up of business expenses not yet reimbursed and declared dividends directly credited to the directors' loan account. The loan balance is repayable to the directors on demand.