HALO SECURITY SPECIALIST CIC

Company limited by guarantee

Company Registration Number:
12656917 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

HALO SECURITY SPECIALIST CIC

Contents of the Financial Statements

for the Period Ended 30 June 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HALO SECURITY SPECIALIST CIC

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 363,519 80,879
Cost of sales: ( 172,875 ) ( 85,247 )
Gross profit(or loss): 190,644 (4,368)
Administrative expenses: ( 190,847 ) ( 3,611 )
Operating profit(or loss): (203) (7,979)
Profit(or loss) before tax: (203) (7,979)
Profit(or loss) for the financial year: (203) (7,979)

HALO SECURITY SPECIALIST CIC

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 2,316 2,316
Cash at bank and in hand: 5,252 6
Total current assets: 7,568 2,322
Prepayments and accrued income: 25,199
Creditors: amounts falling due within one year: 4 ( 40,936 ) ( 10,289 )
Net current assets (liabilities): (8,169) (7,967)
Total assets less current liabilities: (8,169) ( 7,967)
Total net assets (liabilities): (8,169) (7,967)
Members' funds
Profit and loss account: (8,169) ( 7,967)
Total members' funds: ( 8,169) (7,967)

The notes form part of these financial statements

HALO SECURITY SPECIALIST CIC

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 20 December 2023
and signed on behalf of the board by:

Name: Halsho Draey
Status: Director

The notes form part of these financial statements

HALO SECURITY SPECIALIST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HALO SECURITY SPECIALIST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 12 4

HALO SECURITY SPECIALIST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Debtors

2023 2022
£ £
Trade debtors 2,316 2,316
Total 2,316 2,316

HALO SECURITY SPECIALIST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 34,670
Accruals and deferred income 6,266 1,051
Other creditors 9,238
Total 40,936 10,289

COMMUNITY INTEREST ANNUAL REPORT

HALO SECURITY SPECIALIST CIC

Company Number: 12656917 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

We provide fun, safe and engaging opportunities to empower children and young people as well as adults with valuable life skills and the belief that they have what it takes to succeed.Running regular football activities hiring the Westway pitches from the Westway sports & fitness centreWorking closely with the Westway trust ensure young people live healthy and active lives and be the best they can be by providing them with the best resources possible.Sport played a massive part in keeping me safe, developing my confidence and social skillsWe use sport directly and indirectly to create an inspiring space for young people to be around positive role models and develop to their full capacity. Our activities unite individuals from different backgrounds, helping to break down barriers and provide a sense of belonging.Sport played a massive part in keeping our benficiaries safe, developing their confidence and social skills. However, the rise in youth crime and cuts to youth services contributed to the formation of Halo Security Specialist CIC

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £68014.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 December 2023

And signed on behalf of the board by:
Name: Halsho Draey
Status: Director