Company registration number 03273251 (England and Wales)
HELMART PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
HELMART PROPERTIES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
HELMART PROPERTIES LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
274
344
Current assets
Debtors
4
-
0
299
Investments
5
112,290
129,049
Cash at bank and in hand
1,244
1,081
113,534
130,429
Creditors: amounts falling due within one year
6
(30,814)
(2,040)
Net current assets
82,720
128,389
Net assets
82,994
128,733
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
82,894
128,633
Total equity
82,994
128,733

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 16 September 2025 and are signed on its behalf by:
Mrs H M Salt
Director
Company registration number 03273251 (England and Wales)
HELMART PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Helmart Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Summit, Woodwater Park, Pynes Hill, Exeter, United Kingdom, EX2 5WS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Plant and machinery
20% per annum on written down value

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.

1.3

Current asset investments

Current asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. Transaction costs are expensed to profit or loss as incurred.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
HELMART PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 and 31 December 2024
2,557
Depreciation and impairment
At 1 January 2024
2,213
Depreciation charged in the year
70
At 31 December 2024
2,283
Carrying amount
At 31 December 2024
274
At 31 December 2023
344
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
-
0
299
5
Current asset investments
2024
2023
£
£
Other investments
112,290
129,049

During the year the value of investment disposals was £47,197. The movement in the year for valuation gains was £30,438.

6
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
30,814
2,040
HELMART PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
50
50
50
50
Ordinary B shares of £1 each
50
50
50
50
100
100
100
100
8
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Description
% Rate
Opening balance
Amounts repaid
Closing balance
£
£
£
Two directors
-
299
(299)
-
299
(299)
-

The loan was unsecured and repayable on demand.

2024-12-31 2024-01-01 false false false 16 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mrs H M Salt Mr M J Salt Mrs H M Salt 03273251 2024-01-01 2024-12-31 03273251 2024-12-31 03273251 2023-12-31 03273251 core:OtherPropertyPlantEquipment 2024-12-31 03273251 core:OtherPropertyPlantEquipment 2023-12-31 03273251 core:ShareCapital 2024-12-31 03273251 core:ShareCapital 2023-12-31 03273251 core:RetainedEarningsAccumulatedLosses 2024-12-31 03273251 core:RetainedEarningsAccumulatedLosses 2023-12-31 03273251 core:ShareCapitalOrdinaryShareClass1 2024-12-31 03273251 core:ShareCapitalOrdinaryShareClass1 2023-12-31 03273251 core:ShareCapitalOrdinaryShareClass2 2024-12-31 03273251 core:ShareCapitalOrdinaryShareClass2 2023-12-31 03273251 core:ShareCapitalOrdinaryShares 2024-12-31 03273251 core:ShareCapitalOrdinaryShares 2023-12-31 03273251 bus:CompanySecretaryDirector1 2024-01-01 2024-12-31 03273251 core:PlantMachinery 2024-01-01 2024-12-31 03273251 2023-01-01 2023-12-31 03273251 core:OtherPropertyPlantEquipment 2023-12-31 03273251 core:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 03273251 core:WithinOneYear 2024-12-31 03273251 core:WithinOneYear 2023-12-31 03273251 core:CurrentFinancialInstruments 2024-12-31 03273251 core:CurrentFinancialInstruments 2023-12-31 03273251 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 03273251 bus:OrdinaryShareClass2 2024-01-01 2024-12-31 03273251 bus:OrdinaryShareClass1 2024-12-31 03273251 bus:OrdinaryShareClass1 2023-12-31 03273251 bus:OrdinaryShareClass2 2024-12-31 03273251 bus:OrdinaryShareClass2 2023-12-31 03273251 bus:AllOrdinaryShares 2024-12-31 03273251 bus:AllOrdinaryShares 2023-12-31 03273251 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03273251 bus:FRS102 2024-01-01 2024-12-31 03273251 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 03273251 bus:Director1 2024-01-01 2024-12-31 03273251 bus:Director2 2024-01-01 2024-12-31 03273251 bus:CompanySecretary1 2024-01-01 2024-12-31 03273251 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03273251 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP