Helicopter Engineering Services Ltd - Period Ending 2017-02-28
Helicopter Engineering Services Ltd - Period Ending 2017-02-28
Registration number:
Helicopter Engineering Services Ltd
for the Period from 24 February 2016 to 28 February 2017
Chartered Accountants
8c High Street
Southampton
Hampshire
SO14 2DH
Helicopter Engineering Services Ltd
Contents
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Company Information |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Financial Statements |
Helicopter Engineering Services Ltd
Company Information
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Director |
Mr Olivier Alonso |
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Company secretary |
Power Secretaries Limited |
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Registered office |
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Accountants |
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Page 1 |
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Helicopter Engineering Services Ltd
for the Period Ended 28 February 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Helicopter Engineering Services Ltd for the period ended 28 February 2017 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Helicopter Engineering Services Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Helicopter Engineering Services Ltd and state those matters that we have agreed to state to the Board of Directors of Helicopter Engineering Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Helicopter Engineering Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Helicopter Engineering Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Helicopter Engineering Services Ltd. You consider that Helicopter Engineering Services Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Helicopter Engineering Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Accountants
Southampton
Hampshire
SO14 2DH
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Page 2 |
Helicopter Engineering Services Ltd
Profit and Loss Account for the Period from 24 February 2016 to 28 February 2017
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Note |
Total |
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Turnover |
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Staff costs |
( |
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Depreciation and other amounts written off assets |
( |
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Other charges |
(7,096) |
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Profit before tax |
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Taxation |
( |
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Profit for the period |
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Page 3 |
Helicopter Engineering Services Ltd
(Registration number: 10023161)
Balance Sheet as at 28 February 2017
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Note |
2017 |
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Fixed assets |
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Current assets |
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Creditors: Amounts falling due within one year |
( |
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Net current assets |
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Capital and reserves |
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Page 4 |
Helicopter Engineering Services Ltd
(Registration number: 10023161)
Balance Sheet as at 28 February 2017
Notes to the Financial Statements for the Period from 24 February 2016 to 28 February 2017
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General information |
The company is a private company limited by share capital incorporated in United Kingdom.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
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Related party transactions |
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Transactions with directors |
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2017 |
Advances to directors |
Repayments by director |
At 28 February 2017 |
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Mr Olivier Alonso |
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Advance from Director |
( |
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Page 5 |
Helicopter Engineering Services Ltd
(Registration number: 10023161)
Balance Sheet as at 28 February 2017
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial period ending 28 February 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
Mr Olivier Alonso
Director
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Page 6 |
Helicopter Engineering Services Ltd
Detailed Profit and Loss Account for the Period from 24 February 2016 to 28 February 2017
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24 February 2016 to 28 February 2017 |
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Turnover (analysed below) |
106,824 |
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Gross profit (%) |
100% |
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Administrative expenses |
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Employment costs (analysed below) |
(22,813) |
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Establishment costs (analysed below) |
(4,234) |
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General administrative expenses (analysed below) |
(2,320) |
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Finance charges (analysed below) |
(542) |
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Depreciation costs (analysed below) |
(460) |
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(30,369) |
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Operating profit |
76,455 |
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Profit before tax |
76,455 |
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Page 7 |
Helicopter Engineering Services Ltd
Detailed Profit and Loss Account for the Period from 24 February 2016 to 28 February 2017
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2017 |
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Turnover |
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Sale of goods, UK |
106,824 |
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Employment costs |
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Directors remuneration |
(7,381) |
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Staff training |
(96) |
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Travelling |
(15,336) |
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(22,813) |
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Establishment costs |
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Rent |
(3,600) |
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Insurance |
(130) |
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Repairs and maintenance |
(504) |
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(4,234) |
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General administrative expenses |
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Telephone and fax |
(220) |
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Computer software and maintenance costs |
(576) |
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Printing, postage and stationery |
(60) |
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Trade subscriptions |
(135) |
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Car hire (Spot hire) |
(171) |
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Accountancy fees |
(1,008) |
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Legal and professional fees |
(150) |
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(2,320) |
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Finance charges |
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Bank charges |
(542) |
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Depreciation costs |
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Depreciation of fixtures and fittings (owned) |
(460) |
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Page 8 |