Company Registration No. 09316906 (England and Wales)
Halo Networks Limited
Unaudited accounts
for the year ended 30 November 2021
Halo Networks Limited
Unaudited accounts
Contents
Halo Networks Limited
Company Information
for the year ended 30 November 2021
Company Number
09316906 (England and Wales)
Registered Office
Suite 6 Ellesmere House
1 Pennington Street
Worsley
Manchester
M28 3LR
Halo Networks Limited
Statement of financial position
as at 30 November 2021
Tangible assets
115,501
39,186
Cash at bank and in hand
48,138
260,655
Creditors: amounts falling due within one year
248,203
140,948
Net current assets
312,320
402,289
Total assets less current liabilities
427,821
441,475
Creditors: amounts falling due after more than one year
(100,071)
-
Net assets
327,750
441,475
Called up share capital
2
2
Profit and loss account
327,748
441,473
Shareholders' funds
327,750
441,475
For the year ending 30 November 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2022 and were signed on its behalf by
Darren Baxter
Director
Company Registration No. 09316906
Halo Networks Limited
Notes to the Accounts
for the year ended 30 November 2021
Halo Networks Limited is a private company, limited by shares, registered in England and Wales, registration number 09316906. The registered office is Suite 6 Ellesmere House, 1 Pennington Street, Worsley, Manchester, M28 3LR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
At 30 November 2021
166,859
Charge for the year
38,499
At 30 November 2021
51,358
At 30 November 2021
115,501
At 30 November 2020
39,186
Halo Networks Limited
Notes to the Accounts
for the year ended 30 November 2021
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
2,730
2,336
Loans from directors
(252,290)
(143,290)
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
50,071
-
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).