Company No:
Contents
| Note | 2025 | 2024 | ||
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| Current assets | ||||
| Debtors |
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| Cash at bank and in hand |
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| 1,844 | 2,972 | |||
| Creditors: amounts falling due within one year | 4 | (
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| Net current liabilities | (78,379) | (116,745) | ||
| Total assets less current liabilities | (78,379) | (116,745) | ||
| Net liabilities | (
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| Capital and reserves | ||||
| Called-up share capital | 5 |
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| Profit and loss account | (
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| Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of Helm Navigation Limited (registered number:
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Mr J Nethersole
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Helm Navigation Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 8 The Courtyard Wyncolls Road, Severalls Industrial Park, Colchester, CO4 9PE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The Director has considered the Company's position at the time of signing the financial statements and has concluded that there is a reasonable explanation the the company will have adequate resources to continue in operational existence in the future.
| Office equipment |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including the director |
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| Office equipment | Total | ||
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| Cost | |||
| At 01 April 2024 |
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| At 31 March 2025 |
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| Accumulated depreciation | |||
| At 01 April 2024 |
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| At 31 March 2025 |
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| Net book value | |||
| At 31 March 2025 | 0 | 0 | |
| At 31 March 2024 | 0 | 0 |
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| £ | £ | ||
| Trade creditors |
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| Amounts owed to director |
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| Accruals |
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| Other creditors |
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| 2025 | 2024 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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