ACCOUNTS - Final Accounts

Registered number:12526789

HELIUM MIRACLE 300 LIMITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

HELIUM MIRACLE 300 LIMITED

Company Information

Director	P J Stewart


Company secretary	Oakwood Corporate Secretary Limited


Registered number	12526789


Registered office	3rd Floor
	1 Ashley Road
	Altrincham
	Cheshire
	WA14 2DT


Independent auditor	Sayers Butterworth LLP
	Chartered Accountants and Statutory Auditor
	3rd Floor 12 Gough Square
	London
	EC4A 3DW

HELIUM MIRACLE 300 LIMITED

Registered number: 12526789

Balance sheet

As at 31 December 2024

		2024		Unaudited As restated 2023
Note		£		£

Fixed assets
Investments	5		10,267,525		10,267,525
			10,267,525		10,267,525
Current assets
Debtors: amounts falling due within one year	6	175,067		175,067
Cash at bank and in hand	7	93		-
		175,160		175,067
Creditors: amounts falling due within one year	8	(10,443,764)		(10,444,362)
Net current liabilities			(10,268,604)		(10,269,295)
Total assets less current liabilities			(1,079)		(1,770)

Net liabilities			(1,079)		(1,770)

Capital and reserves
Called up share capital	10	10
Profit and loss account	(1,089)	(1,780)
	(1,079)	(1,770)

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 statement of income and retained earnings 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 on 6 May 2026.

P J Stewart

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

HELIUM MIRACLE 300 LIMITED

Notes to the financial statements

For the Year Ended 31 December 2024

1.	General information

Helium Miracle 300 Limited is a private company limited by shares, registered in England and Wales. The company’s registered office address is 3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT.

The company’s principal activity is that of a holding company.

These financial statements are for the year ended 31 December 2024. The comparative period is for the 9 months from 1 April 2023 to 31 December 2023.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Going concern

The financial statements have been prepared on the going concern basis, despite an excess of total liabilities over assets. As a result, the group's majority owner has executed a support letter expressing its intent, if necessary, to provide financial support for a period of at least one year and one day from the issuance of the financial statements to ensure the company can to continue to meet its obligations as they fall due.

Page 2

HELIUM MIRACLE 300 LIMITED

Notes to the financial statements

For the Year Ended 31 December 2024

2.Accounting policies (continued)

2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

Debtors

Short-term debtors are measured at transaction price, 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.

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.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgements that the affect the reported amounts of assets, liabilities, revenues and expenses as well as the disclosure at the year end date.

In the course of preparing the company financial statements the director makes estimates and judgements.

Impairment of investments

Determining if investments are impaired requires an estimation of the subsidiary's ability to generate future profits and cash flows. The director does not believe any impairment is required.

Page 3

HELIUM MIRACLE 300 LIMITED

Notes to the financial statements

For the Year Ended 31 December 2024

Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	10,267,525
	At 31 December 2024	10,267,525

Debtors

					2024	Unaudited 2023
					£	£


Amounts owed by group undertakings	175,067	175,067
	175,067	175,067

7.	Cash and cash equivalents
		2024	Unaudited 2023
		£	£

Cash at bank and in hand	93	-
	93	-

Page 4

HELIUM MIRACLE 300 LIMITED

Notes to the financial statements

For the Year Ended 31 December 2024

8.	Creditors: Amounts falling due within one year
		2024	Unaudited As restated 2023
		£	£

Amounts owed to group undertakings	10,443,764	10,443,372
Accruals and deferred income	-	990
	10,443,764	10,444,362

The company has provided a fixed and floating charge, including a negative pledge, in respect of financing within the wider group.

9.	Share capital
		2024	Unaudited 2023
		£	£

Allotted, called up and fully paid

1,000 (2023 - 1,000) Ordinary shares of £0.01 each	10	10

10.	Prior year adjustment

The following adjustments have been made in respect of the comparative period for the period ended 31 December 2023:

Costs relating to other group entities were recognised in the financial statements in error. This has resulted in a decrease in the amounts owed to group entities of £100,157, a reduction in the loss for the period of £76,141 and an increase in retained earnings totalling £100,157.

11.	Related party transactions
	The company has adopted the exemption permitted by paragraph 33.1A of FRS102 and has not disclosed transactions with other group members, where the group members are wholly owned.

12.	Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 6 May 2026 by Hannah Clegg (Senior statutory auditor) on behalf of Sayers Butterworth LLP.

Page 5