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Company Registration No. 09316906 (England and Wales)
Halo Networks Limited Unaudited accounts for the year ended 30 November 2023
Halo Networks Limited Unaudited accounts Contents
Page
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Halo Networks Limited Company Information for the year ended 30 November 2023
Director
Darren Baxter
Company Number
09316906 (England and Wales)
Registered Office
Suite 6 Ellesmere House 1 Pennington Street Worsley Manchester M28 3LR
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Halo Networks Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,311 
109,623 
Current assets
Debtors
940 
2,623 
Cash at bank and in hand
5,649 
274,875 
6,589 
277,498 
Creditors: amounts falling due within one year
380,108 
19,816 
Net current assets
386,697 
297,314 
Total assets less current liabilities
392,008 
406,937 
Creditors: amounts falling due after more than one year
(31,578)
(79,081)
Net assets
360,430 
327,856 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
360,428 
327,854 
Shareholders' funds
360,430 
327,856 
For the year ending 30 November 2023 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 28 August 2024 and were signed on its behalf by
Darren Baxter Director Company Registration No. 09316906
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Halo Networks Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 December 2022
184,008 
Disposals
(158,566)
At 30 November 2023
25,442 
Depreciation
At 1 December 2022
74,385 
Charge for the year
1,769 
On disposals
(56,023)
At 30 November 2023
20,131 
Net book value
At 30 November 2023
5,311 
At 30 November 2022
109,623 
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Halo Networks Limited Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
740 
2,423 
Other debtors
200 
200 
940 
2,623 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
106 
106 
Other creditors
17,584 
- 
Loans from directors
(398,048)
(20,047)
Accruals
250 
125 
(380,108)
(19,816)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
31,578 
42,547 
Obligations under finance leases and hire purchase contracts
- 
36,534 
31,578 
79,081 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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