IRIS Accounts Production v24.3.2.46 14772256 Board of Directors 31.3.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh147722562023-03-30147722562023-12-31147722562023-03-312023-12-31147722562023-03-3014772256ns15:EnglandWales2023-03-312023-12-3114772256ns14:PoundSterling2023-03-312023-12-3114772256ns10:Director12023-03-312023-12-3114772256ns10:PrivateLimitedCompanyLtd2023-03-312023-12-3114772256ns10:SmallEntities2023-03-312023-12-3114772256ns10:AuditExempt-NoAccountantsReport2023-03-312023-12-3114772256ns10:SmallCompaniesRegimeForDirectorsReport2023-03-312023-12-3114772256ns10:SmallCompaniesRegimeForAccounts2023-03-312023-12-3114772256ns10:FullAccounts2023-03-312023-12-3114772256ns5:CurrentFinancialInstruments2023-12-3114772256ns5:ShareCapital2023-12-3114772256ns5:RetainedEarningsAccumulatedLosses2023-12-3114772256ns10:RegisteredOffice2023-03-312023-12-3114772256ns5:MotorVehicles2023-03-312023-12-3114772256ns5:ComputerEquipment2023-03-312023-12-3114772256ns5:MotorVehicles2023-12-3114772256ns5:ComputerEquipment2023-12-3114772256ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 14772256 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023

FOR

AIG (HALO) LTD

AIG (HALO) LTD (REGISTERED NUMBER: 14772256)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2


AIG (HALO) LTD (REGISTERED NUMBER: 14772256)

BALANCE SHEET
31 DECEMBER 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 36,815

CURRENT ASSETS
Debtors 5 203,953
Cash at bank 876,258
1,080,211
CREDITORS
Amounts falling due within one year 6 652,330
NET CURRENT ASSETS 427,881
TOTAL ASSETS LESS CURRENT
LIABILITIES

464,696

PROVISIONS FOR LIABILITIES 9,204
NET ASSETS 455,492

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 455,491
455,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2025 and were signed on its behalf by:



G W Young - Director


AIG (HALO) LTD (REGISTERED NUMBER: 14772256)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

AIG (HALO) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14772256

Registered office: 5 Brooklands Place
Brooklands Road
Sale
Cheshire
M33 3SD

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

AIG (HALO) LTD (REGISTERED NUMBER: 14772256)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 57 .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 36,500 1,595 38,095
At 31 December 2023 36,500 1,595 38,095
DEPRECIATION
Charge for period 1,217 63 1,280
At 31 December 2023 1,217 63 1,280
NET BOOK VALUE
At 31 December 2023 35,283 1,532 36,815

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 150,370
Amounts owed by associates 13,164
Other debtors 40,419
203,953

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 110,122
Taxation and social security 371,205
Other creditors 171,003
652,330

AIG (HALO) LTD (REGISTERED NUMBER: 14772256)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023


7. RELATED PARTY DISCLOSURES

At the balance sheet date, an amount due from a connected company, AIG (KH) Ltd of £2,957 was included in other debtors.

At the balance sheet date, an amount due from a connected company, AIG (SLB) Ltd of £4,373 was included in other debtors.

At the balance sheet date, an amount due from a connected company, AIG (AL) Ltd of £4,834 was included in other debtors.

At the balance sheet date, an amount due from a connected company, AIG Property Holdings Ltd of £1,000 was included in other debtors..