Company Registration No. 12451014 (England and Wales)
The Halo Media Group Limited
Unaudited accounts
for the year ended 29 February 2024
The Halo Media Group Limited
Unaudited accounts
Contents
The Halo Media Group Limited
Company Information
for the year ended 29 February 2024
Directors
Heath Douglas Hayes Cunningham
Louise Marcelle Cunningham
Company Number
12451014 (England and Wales)
Registered Office
Boxbury Cottage
Alderbury Farm, Witherington Road
Salisbury
wiltshire
SP5 3DN
England
Accountants
Anumerate Limited
Office 2.05, Clockwise
Old Town Hall
30 Tweedy Road
Bromley
BR13FE
The Halo Media Group Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
38,151
36,411
Creditors: amounts falling due within one year
(19,437)
(18,051)
Net current assets
49,961
36,360
Called up share capital
1,000
1,000
Profit and loss account
50,557
35,360
Shareholders' funds
51,557
36,360
For the year ending 29 February 2024 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 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 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 of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by
Heath Douglas Hayes Cunningham
Director
Company Registration No. 12451014
The Halo Media Group Limited
Notes to the Accounts
for the year ended 29 February 2024
The Halo Media Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12451014. The registered office is Boxbury Cottage, Alderbury Farm, Witherington Road, Salisbury, wiltshire, SP5 3DN, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% Straight Line
4
Tangible fixed assets
Computer equipment
The Halo Media Group Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
31,247
18,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
17,995
14,704
Loans from directors
(905)
-
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Transactions with related parties
As at the year-end date 29.02.2024 The Halo Media Group Ltd was owed £30,400 by Halo Media CC, included in Aged Receivables, which is a related party by virtue of having shareholders in common.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).