Registered number
08258874
Helen Industries Co. Limited
Unaudited Filleted Accounts
31 October 2024
Helen Industries Co. Limited
Registered number: 08258874
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 553,878 340,000
Current assets
Debtors 4 3,679 568
Cash at bank and in hand 27,758 25,324
31,437 25,892
Creditors: amounts falling due within one year 5 (19,236) (7,060)
Net current assets 12,201 18,832
Total assets less current liabilities 566,079 358,832
Creditors: amounts falling due after more than one year 6 (658,198) (468,611)
Net liabilities (92,119) (109,779)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (93,119) (110,779)
Shareholders' funds (92,119) (109,779)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs Helen Yanling Pi
Director
Approved by the board on 28 July 2025
Helen Industries Co. Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 including section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers.
Tangible fixed assets
Tangible fixed assets consist of properties which are carried at cost. No depreciation has been charged on these properties. The director assesses their value, in line with market rates and building conditions, at the end of the financial year. The director deems the carrying value, at cost, to be a true and fair reflection of the current market value of the properties.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
1 Accounting policies (continued)
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 November 2023 340,000
Additions 213,878
At 31 October 2024 553,878
Depreciation
At 31 October 2024 -
Net book value
At 31 October 2024 553,878
At 31 October 2023 340,000
Freehold land and buildings: 2024 2023
£ £
Historical cost 553,878 340,000
Cumulative depreciation based on historical cost - -
553,878 340,000
4 Debtors 2024 2023
£ £
Trade debtors 2,417 -
Other debtors 1,262 568
3,679 568
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,009 -
Taxation and social security costs 4,165 3,446
Other creditors 5,062 3,614
19,236 7,060
.
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 143,741 -
Other creditors 514,457 468,611
658,198 468,611
7 Other information
Helen Industries Co. Limited is a private company limited by shares and incorporated in England. Its registered office is:
c/o Kinnair and Company, Aston House
Redburn Road
Newcastle Upon Tyne
NE5 1NB
8 Going Concern
The director has agreed to continue to fund operations for the foreseeable future and the company is still trading as at the date of signing the balance sheet. Included within creditors is an unsecured amount due to the director, for which no terms have been arranged in respect of repayment and the director has confirmed she will not seek repayment for the foreseeable future.

It has therefore been deemed appropriate to prepare the accounts on the going concern basis.
Helen Industries Co. Limited 08258874 false 2023-11-01 2024-10-31 2024-10-31 VT Final Accounts April 2025 Mrs Helen Yanling Pi No description of principal activity 08258874 2022-11-01 2023-10-31 08258874 core:WithinOneYear 2023-10-31 08258874 core:AfterOneYear 2023-10-31 08258874 core:ShareCapital 2023-10-31 08258874 core:RetainedEarningsAccumulatedLosses 2023-10-31 08258874 2023-11-01 2024-10-31 08258874 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08258874 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 08258874 bus:Director40 2023-11-01 2024-10-31 08258874 1 2023-11-01 2024-10-31 08258874 2 2023-11-01 2024-10-31 08258874 core:LandBuildings 2023-11-01 2024-10-31 08258874 countries:England 2023-11-01 2024-10-31 08258874 bus:FRS102 2023-11-01 2024-10-31 08258874 bus:FilletedAccounts 2023-11-01 2024-10-31 08258874 2024-10-31 08258874 core:WithinOneYear 2024-10-31 08258874 core:AfterOneYear 2024-10-31 08258874 core:ShareCapital 2024-10-31 08258874 core:RetainedEarningsAccumulatedLosses 2024-10-31 08258874 core:LandBuildings 2024-10-31 08258874 2023-10-31 08258874 core:LandBuildings 2023-10-31 iso4217:GBP xbrli:pure