Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31falsetrue2024-01-01falseRetailing, hiring and wholesaling of health and leisure products87trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01735738 2024-01-01 2024-12-31 01735738 2023-01-01 2023-12-31 01735738 2024-12-31 01735738 2023-12-31 01735738 c:Director3 2024-01-01 2024-12-31 01735738 d:Buildings 2024-01-01 2024-12-31 01735738 d:Buildings 2024-12-31 01735738 d:Buildings 2023-12-31 01735738 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01735738 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 01735738 d:Buildings d:LongLeaseholdAssets 2024-12-31 01735738 d:Buildings d:LongLeaseholdAssets 2023-12-31 01735738 d:PlantMachinery 2024-01-01 2024-12-31 01735738 d:PlantMachinery 2024-12-31 01735738 d:PlantMachinery 2023-12-31 01735738 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01735738 d:MotorVehicles 2024-01-01 2024-12-31 01735738 d:MotorVehicles 2024-12-31 01735738 d:MotorVehicles 2023-12-31 01735738 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01735738 d:OfficeEquipment 2024-01-01 2024-12-31 01735738 d:OfficeEquipment 2024-12-31 01735738 d:OfficeEquipment 2023-12-31 01735738 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01735738 d:ComputerEquipment 2024-01-01 2024-12-31 01735738 d:ComputerEquipment 2024-12-31 01735738 d:ComputerEquipment 2023-12-31 01735738 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01735738 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01735738 d:CurrentFinancialInstruments 2024-12-31 01735738 d:CurrentFinancialInstruments 2023-12-31 01735738 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01735738 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01735738 d:ShareCapital 2024-12-31 01735738 d:ShareCapital 2023-12-31 01735738 d:SharePremium 2024-12-31 01735738 d:SharePremium 2023-12-31 01735738 d:CapitalRedemptionReserve 2024-12-31 01735738 d:CapitalRedemptionReserve 2023-12-31 01735738 d:RetainedEarningsAccumulatedLosses 2024-12-31 01735738 d:RetainedEarningsAccumulatedLosses 2023-12-31 01735738 c:FRS102 2024-01-01 2024-12-31 01735738 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01735738 c:FullAccounts 2024-01-01 2024-12-31 01735738 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01735738 2 2024-01-01 2024-12-31 01735738 6 2024-01-01 2024-12-31 01735738 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 01735738










HELIONOVA LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
HELIONOVA LIMITED
REGISTERED NUMBER: 01735738

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
819,302
665,747

  
819,302
665,747

Current assets
  

Stocks
  
101,782
101,245

Debtors: amounts falling due within one year
 5 
34,811
26,834

Cash at bank and in hand
  
118,563
198,207

  
255,156
326,286

Creditors: amounts falling due within one year
 6 
(300,928)
(184,911)

Net current (liabilities)/assets
  
 
 
(45,772)
 
 
141,375

Total assets less current liabilities
  
773,530
807,122

  

Net assets
  
773,530
807,122


Capital and reserves
  

Called up share capital 
  
2,000
2,000

Share premium account
  
121,303
121,303

Capital redemption reserve
  
48
48

Profit and loss account
  
650,179
683,771

  
773,530
807,122


Page 1

 
HELIONOVA LIMITED
REGISTERED NUMBER: 01735738
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S R Foyster
Director

Date: 1 July 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HELIONOVA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Helionova Limited is a private company limited by shares and incorporated in England and Wales, registration number 01735738. The registered office is Hyperion House, Alston Road, Hellesdon Hall Industrial Estate, Norwich, Norfolk, NR6 5DS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
HELIONOVA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both straight line and reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
2% straight line
Leasehold Property Improvements
-
10% straight line
Plant & machinery
-
25% straight line
Motor vehicles
-
30% reducing balance
Office equipment
-
20% reducing balance
Computer equipment
-
33.33% straight line

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
HELIONOVA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.9

Pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. 

 
2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 7).

Page 5

 
HELIONOVA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Freehold property
L/Term Leasehold Property
Plant & machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£
£
£



Cost or valuation


At 1 January 2024
257,904
14,592
1,477,128
38,765
45,279
26,543
1,860,211


Additions
-
-
419,972
-
108
457
420,537


Disposals
-
-
(56,677)
-
-
-
(56,677)



At 31 December 2024

257,904
14,592
1,840,423
38,765
45,387
27,000
2,224,071



Depreciation


At 1 January 2024
10,316
14,592
1,071,372
27,628
44,450
26,106
1,194,464


Charge for the year on owned assets
5,158
-
253,815
3,341
187
589
263,090


Disposals
-
-
(52,785)
-
-
-
(52,785)



At 31 December 2024

15,474
14,592
1,272,402
30,969
44,637
26,695
1,404,769



Net book value



At 31 December 2024
242,430
-
568,021
7,796
750
305
819,302



At 31 December 2023
247,588
-
405,756
11,137
829
437
665,747

Assets held for use as operating leases are included in the above at a cost of £1,840,423 (2023: £1,477,128) accumulated depreciation of £1,272,402 (2023: 1,071,372). Rental income deriving from these assets amounted to £1,026,313 (2023: £879,155).

Page 6

 
HELIONOVA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
10,459
14,607

Other debtors
1,600
1,400

Prepayments and accrued income
22,752
10,827

34,811
26,834



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
103,631
34,208

Other taxation and social security
68,200
40,530

Other creditors
121,397
102,423

Accruals and deferred income
7,700
7,750

300,928
184,911



7.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
The pension cost charge represents contributions payable by the company to the fund and amounted to £13,890 (2023: £12,521). Contributions totalling £3,797 (2023: £3,586) were payable to the fund at the balance sheet date and included in creditors. 

 
Page 7