For the year ended 30 June 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07673544
HELSIN Finance Ltd
For the year ended 30 June 2015
1
Balance Sheet
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Notes to the Abbreviated Financial Statements
Notes to the Abbreviated Financial Statements
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For the year ended 30 June 2015
HELSIN Finance Ltd
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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Rentals payable under operating leases are charged against income on a straight line basis over the lease
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term
.
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Planning and operating costs for the company
'
s website are charged to the profit and loss account as
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incurred
.
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Proposed dividends are only included as liabilities in the financial statements when their payment has
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been approved by the shareholders prior to the balance sheet date
.
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Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
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Computer Equipment
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Notes to the Abbreviated Financial Statements
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For the year ended 30 June 2015
HELSIN Finance Ltd
3,452
1,141
4,593
1,250
836
Charge for year
2,086
2,507
2,202
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