Silverfin false false 31/07/2024 01/08/2023 31/07/2024 R Hizzey 11/07/2022 03 December 2024 The principal activity of the Company during the financial year was security communication projects. 14226618 2024-07-31 14226618 bus:Director1 2024-07-31 14226618 2023-07-31 14226618 core:CurrentFinancialInstruments 2024-07-31 14226618 core:CurrentFinancialInstruments 2023-07-31 14226618 core:ShareCapital 2024-07-31 14226618 core:ShareCapital 2023-07-31 14226618 core:RetainedEarningsAccumulatedLosses 2024-07-31 14226618 core:RetainedEarningsAccumulatedLosses 2023-07-31 14226618 core:CostValuation 2023-07-31 14226618 core:CostValuation 2024-07-31 14226618 2023-08-01 2024-07-31 14226618 bus:FilletedAccounts 2023-08-01 2024-07-31 14226618 bus:SmallEntities 2023-08-01 2024-07-31 14226618 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 14226618 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14226618 bus:Director1 2023-08-01 2024-07-31 14226618 2022-07-11 2023-07-31 iso4217:GBP xbrli:pure

Company No: 14226618 (England and Wales)

HALIBUT GROUP LTD

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

HALIBUT GROUP LTD

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

HALIBUT GROUP LTD

BALANCE SHEET

As at 31 July 2024
HALIBUT GROUP LTD

BALANCE SHEET (continued)

As at 31 July 2024
Note 31.07.2024 31.07.2023
£ £
Fixed assets
Investments 3 22,000 22,000
22,000 22,000
Current assets
Debtors 4 92,785 27,787
Cash at bank and in hand 2,342 8,023
95,127 35,810
Creditors: amounts falling due within one year 5 ( 68,542) ( 56,628)
Net current assets/(liabilities) 26,585 (20,818)
Total assets less current liabilities 48,585 1,182
Net assets 48,585 1,182
Capital and reserves
Called-up share capital 100 100
Profit and loss account 48,485 1,082
Total shareholder's funds 48,585 1,182

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Halibut Group Ltd (registered number: 14226618) were approved and authorised for issue by the Director on 03 December 2024. They were signed on its behalf by:

R Hizzey
Director
HALIBUT GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
HALIBUT GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Halibut Group Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 167-169 Great Portland Street, 5th Floor, London, W1W 5PF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

Year ended
31.07.2024
Period from
11.07.2022 to
31.07.2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 August 2023 22,000 22,000
At 31 July 2024 22,000 22,000
Carrying value at 31 July 2024 22,000 22,000
Carrying value at 31 July 2023 22,000 22,000

4. Debtors

31.07.2024 31.07.2023
£ £
Amounts owed by Group undertakings 92,785 27,787

5. Creditors: amounts falling due within one year

31.07.2024 31.07.2023
£ £
Taxation and social security 12,243 254
Other creditors 56,299 56,374
68,542 56,628