| HELIPORT LONDON LIMITED |
| Statement of financial position as at 31 December 2025 |
|
|
|
|
|
|
|
31.12.2025 |
|
31.12.2024 |
|
|
Notes |
|
£ |
£ |
|
£ |
|
|
| Current assets |
| Debtors |
|
4 |
|
1,609,513 |
|
|
533,940 |
| Inventory and work in progress |
|
5 |
|
5,415,823 |
|
|
4,729,662 |
| Cash at bank and in hand |
|
|
|
68,392 |
|
|
126,759 |
|
|
|
|
7,093,728 |
|
|
5,390,361 |
|
| Creditors: Amounts falling due |
| within one year |
|
6 |
|
( 43,146) |
|
|
( 109,553) |
|
|
|
|
|
|
|
|
| Net current liabilities |
|
|
|
|
7,050,582 |
|
5,280,808 |
|
| Creditors: Amounts falling due |
| after more than one year |
|
7 |
|
|
(7,132,944) |
|
(5,338,456) |
|
|
|
|
|
|
|
|
| Total liabilities less assets |
£( 82,362) |
|
£( 57,648) |
|
|
|
|
|
|
|
|
|
| Capital and deficit |
|
|
|
|
|
£ |
|
£ |
|
| Called up share capital |
|
8 |
|
|
200 |
|
200 |
| Profit and loss account |
|
|
|
|
( 82,562) |
|
(57,848) |
| Shareholders' fund |
|
|
|
|
£( 82,362) |
|
£( 57,648) |
|
|
|
|
|
|
|
|
| For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. |
| The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparationof accounts. |
| The financial statements have been prepared in accordance with special provision of Part 15 of the Companies Act 2006 relating to small companies and with the provisions of FRS 102 Section 1A Small Entities. |
|
|
| ___________________ |
| G. Selzer |
| Director |
7 July 2026 |
|
| HELIPORT LONDON LIMITED |
|
| Notes to the financial statements - 31 December 2025 |
|
|
COMPANY INFORMATION |
|
| 1. |
Company Information |
|
Heliport London Limited is a private limited company incorporated and registered in the UK. The address of its registered office is 5.2 Central House, 1 Ballards Lane, N3 1LQ. |
|
The company is a subsidiary of CIHH Limited a company registered in the UK. |
|
| 2. |
Accounting Policies |
|
| 2.1 |
Basis of accounting |
|
The financial statements have been prepared on a going concern basis, under historical cost convention and in accordance with the provisions of FRS 102 Sedction 1A small entities and the Companies Act 2006. |
|
The financial statements are presented in sterling (£). |
|
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
|
| 2.2 |
Going concern |
|
The parent company is funding the cash flow requirements of the company. The parent company guarantees that it will not demand the amount owed to it if it will put at risk the the company's ability to continue as a going concern. This guarantee is provided for for a period of at least 12 months from the date of the financial statements. |
|
Taking the above into account the directors are of the opinion that the financial statements can be prepared on a going concern basis. |
|
| 2.3 |
Financial instruments |
|
The company has chosen to adapt the sections 11 & 12 of FRS 102 in respect of financial instruments: |
|
(i) Financial assets |
|
Basic financial assets including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financial transaction, where the transaction is measured at present value of the future receipts discounted at the market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method and are assess for objective evidence of impairment at the end of each reporting period. |
|
| HELIPORT LONDON LIMITED |
|
| Notes to the financial statements - 31 December 2025 |
|
| 2. |
Accounting Policies (continued) |
|
| 2.3 |
Financial instruments (continued) |
|
(ii) Financial liabilities |
|
Basic financial liabilities including trade and other payable are initially recognised at transaction price unless arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future receipts discounted at a market value of interest debt instruments are subsequently carried at amortised costs using the effective interest rate method. |
|
| 2.4 |
Debtors |
|
Short term debtors that includes trade and other receivables are measured at transaction price, less any impairment. |
|
| 2.5 |
Inventory and work in progress |
|
Inventory and work in progress is valued at lower of cost and resalable value. |
|
Costs include the purchase value of the land and the building including related transaction costs and additional development expenses. |
|
| 2.6 |
Creditors |
|
Basic financial liabilities including trade and other payable are measured at transaction price. |
|
| 2.7 |
Current & deferred taxation |
|
Deferred taxation is provided using the liability method to take into account timing from the inclusion of items of expenditure in taxation computations in periods that differ from those differences arising in which they are included in the financial statements to the extent that it is probably that an or assets will crystallize in the future. |
|
Provision for deferred taxation is set off against debit balance of deferred taxation. |
|
The current income tax charged is calculated on the basis of the tax rate and laws that have been enacted or substantially enacted by the reporting date in the countries where the company operated and generates income. |
|
| 2.8 |
Foreign Currencies |
|
Assets and liabilities in foreign currencies are translated into Sterling at the rate of exchange ruling at the balance sheet date. Transaction in foreign currencies are translated into Sterling at the rate of exchange ruling at the date of the transaction. Exchange rate differences are taken into account in arriving at the operating profit. |
|
| HELIPORT LONDON LIMITED |
|
| Notes to the financial statements - 31 December 2025 |
|
|
| 7. |
Creditors: Amounts falling |
|
due after more than one year |
31.12.2025 |
|
31.12.2024 |
|
|
|
|
£ |
|
£ |
|
|
Parent company |
7,132,944 |
|
5,338,456 |
|
|
|
|
7,132,944 |
|
5,338,456 |
|
|
|
|
|
|
|
|
The amount owed to parent company does not carry interest and it is not due for repayment in the next 12 months. |
|
|
| 8. |
Share Capital |
31.12.2025 |
|
31.12.2024 |
|
|
|
|
£ |
|
£ |
|
Allotted, called up and fully paid: |
| |
200 Ordinary Shares of £1each |
200 |
|
200 |
|
|
|
|
|
|
|
|
| 9. |
Related party disclosures |
|
|
Control: |
|
The company is a wholly owned subsidiary of CIHH Ltd, a company registered in the UK. |
|
The ultimate parent company is Heliport Israel Ltd. |
|
|
Transactions: |
|
The company is exempt from disclosing transactions with related parties that are wholly owned within the same group in accordance with FRS 102 Section 33(1)A. |
|
|
| 10. |
Commitment |
|
There were no financial commitments as per 31 December 2025 (2024 - nil). |