| Helen Industries Co. Limited |
| Registered number: |
08258874 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,400,438 |
|
|
553,878 |
|
| Current assets |
| Debtors |
4 |
|
3,419 |
|
|
3,679 |
| Cash at bank and in hand |
|
|
41,871 |
|
|
27,758 |
|
|
|
45,290 |
|
|
31,437 |
|
| Creditors: amounts falling due within one year |
5 |
|
(30,182) |
|
|
(19,236) |
|
| Net current assets |
|
|
|
15,108 |
|
|
12,201 |
|
| Total assets less current liabilities |
|
|
|
1,415,546 |
|
|
566,079 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(1,528,797) |
|
|
(658,198) |
|
|
|
| Net liabilities |
|
|
|
(113,251) |
|
|
(92,119) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
(114,251) |
|
|
(93,119) |
|
| Shareholders' funds |
|
|
|
(113,251) |
|
|
(92,119) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
| Mrs Helen Yanling Pi |
| Director |
| Approved by the board on 29 July 2026 |
|
| Helen Industries Co. Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 including section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of services provided to customers. |
|
|
Tangible fixed assets |
|
Tangible fixed assets consist of properties which are carried at cost. No depreciation has been charged on these properties. The director assesses their value, in line with market rates and building conditions, at the end of the financial year. The director deems the carrying value, at cost, to be a true and fair reflection of the current market value of the properties. |
|
|
Freehold buildings |
none |
|
Plant and machinery |
33% straight line Method |
|
|
Investment properties |
|
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 November 2024 |
553,878 |
|
- |
|
553,878 |
|
Additions |
845,556 |
|
1,499 |
|
847,055 |
|
At 31 October 2025 |
1,399,434 |
|
1,499 |
|
1,400,933 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
- |
|
495 |
|
495 |
|
At 31 October 2025 |
- |
|
495 |
|
495 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
1,399,434 |
|
1,004 |
|
1,400,438 |
|
At 31 October 2024 |
553,878 |
|
- |
|
553,878 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
553,878 |
|
340,000 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
553,878 |
|
340,000 |
|
|
|
|
|
|
|
|
|
|
The company holds investment properties that are carried at market value. The properties were valued at the year end by the director. |
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
- |
|
2,417 |
|
Other debtors |
3,419 |
|
1,262 |
|
|
|
|
|
|
3,419 |
|
3,679 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
20,377 |
|
10,009 |
|
Taxation and social security costs |
197 |
|
4,165 |
|
Other creditors |
9,608 |
|
5,062 |
|
|
|
|
|
|
30,182 |
|
19,236 |
|
|
|
|
|
|
. |
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
313,373 |
|
143,741 |
|
Other creditors |
1,215,424 |
|
514,457 |
|
|
|
|
|
|
1,528,797 |
|
658,198 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Helen Industries Co. Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
c/o Kinnair and Company, Aston House |
|
Redburn Road |
|
Newcastle Upon Tyne |
|
NE5 1NB |
|
|
| 8 |
Going Concern |
|
|
The director has agreed to continue to fund operations for the foreseeable future and the company is still trading as at the date of signing the balance sheet. Included within creditors is an unsecured amount due to the director, for which no terms have been arranged in respect of repayment and the director has confirmed she will not seek repayment for the foreseeable future.
It has therefore been deemed appropriate to prepare the accounts on the going concern basis. |