REGISTERED NUMBER: 10615728 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

HELIX AV LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S W Purchase

G J Slater

SECRETARY:

S W Purchase

REGISTERED OFFICE:

Forest House

Forest Front

Hythe

Southampton

Hampshire

SO45 3RJ

REGISTERED NUMBER:

10615728 (England and Wales)

ACCOUNTANTS:

Bradshaw Johnson

Chartered Accountants

Croft Chambers

11 Bancroft

Hitchin

Hertfordshire

SG5 1JQ

FIXED ASSETS

Intangible assets

4

1,000

1,000

Tangible assets

5

568,978

514,596

569,978

515,596

CURRENT ASSETS

Stocks

30,468

31,090

Debtors

6

34,449

75,083

Cash at bank

293,058

560,857

357,975

667,030

CREDITORS

Amounts falling due within one year

7

369,199

578,076

NET CURRENT (LIABILITIES)/ASSETS

(11,224

)

88,954

TOTAL ASSETS LESS CURRENT LIABILITIES

558,754

604,550

CREDITORS

Amounts falling due after more than one year

8

(10,073

)

(20,073

)

PROVISIONS FOR LIABILITIES

(142,245

)

(128,649

)

NET ASSETS

406,436

455,828

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

200,700

145,000

Retained earnings

205,636

310,728

406,436

455,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 1 October 2025 and were signed on its behalf by:

S W Purchase - Director

1.	STATUTORY INFORMATION

Helix AV Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Aircraft

-

10% on cost

Stocks

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

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 May 2024

and 30 April 2025

1,000

NET BOOK VALUE

At 30 April 2025

1,000

At 30 April 2024

1,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Aircraft

Totals

£

£

£

£

COST OR VALUATION

At 1 May 2024

32,310

10,927

500,000

543,237

Additions

-

1,122

57,000

58,122

At 30 April 2025

32,310

12,049

557,000

601,359

DEPRECIATION

At 1 May 2024

24,413

4,228

-

28,641

Charge for year

1,974

1,766

55,700

59,440

Revaluation adjustments

-

-

(55,700

)

(55,700

)

At 30 April 2025

26,387

5,994

-

32,381

NET BOOK VALUE

At 30 April 2025

5,923

6,055

557,000

568,978

At 30 April 2024

7,897

6,699

500,000

514,596

Cost or valuation at 30 April 2025 is represented by:

Plant and

machinery

etc

£

Valuation in 2024

50,000

Cost

551,359

601,359

If aircraft had not been revalued they would have been included at the following historical cost:

30.4.25

30.4.24

£

£

Cost

507,000

450,000

Aggregate depreciation

140,700

90,000

The aircraft were valued on an open market basis on 30 April 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

34,449

75,083

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other loans

9,094

9,094

Trade creditors

91,169

269,602

Tax

27,320

58,407

Social security and other taxes

2,523

1,973

VAT

4,141

8,116

Directors' current accounts

41,943

4,185

Accruals and deferred income

193,009

226,699

369,199

578,076

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Other loans - 1-2 years

10,073

9,324

Other loans - 2-5 years

-

10,749

10,073

20,073

9.

RESERVES

Revaluation

reserve

£

At 1 May 2024

145,000

Depreciation

55,700

At 30 April 2025

200,700