Acorah Software Products - Accounts Production 16.1.300 false true true 28 February 2024 6 February 2023 false 29 February 2024 28 February 2025 28 February 2025 14644148 Miss O Moore Mr J W Sullivan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14644148 2024-02-28 14644148 2025-02-28 14644148 2024-02-29 2025-02-28 14644148 frs-core:CurrentFinancialInstruments 2025-02-28 14644148 frs-core:ComputerEquipment 2025-02-28 14644148 frs-core:ComputerEquipment 2024-02-29 2025-02-28 14644148 frs-core:ComputerEquipment 2024-02-28 14644148 frs-core:PlantMachinery 2025-02-28 14644148 frs-core:PlantMachinery 2024-02-29 2025-02-28 14644148 frs-core:PlantMachinery 2024-02-28 14644148 frs-core:ShareCapital 2025-02-28 14644148 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 14644148 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 14644148 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 14644148 frs-bus:SmallEntities 2024-02-29 2025-02-28 14644148 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 14644148 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 14644148 frs-bus:Director1 2024-02-29 2025-02-28 14644148 frs-bus:Director2 2024-02-29 2025-02-28 14644148 frs-countries:EnglandWales 2024-02-29 2025-02-28 14644148 2023-02-05 14644148 2024-02-28 14644148 2023-02-06 2024-02-28 14644148 frs-core:CurrentFinancialInstruments 2024-02-28 14644148 frs-core:ShareCapital 2024-02-28 14644148 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 14644148
Halo Photo Booth Co. Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14644148
28 February 2025 28 February 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,265 9,758
7,265 9,758
CURRENT ASSETS
Cash at bank and in hand 7,713 5,403
7,713 5,403
Creditors: Amounts Falling Due Within One Year 5 (10,978 ) (16,292 )
NET CURRENT ASSETS (LIABILITIES) (3,265 ) (10,889 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,000 (1,131 )
NET ASSETS/(LIABILITIES) 4,000 (1,131 )
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 3,998 (1,133 )
SHAREHOLDERS' FUNDS 4,000 (1,131)
For the year ending 28 February 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J W Sullivan
Director
08/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Halo Photo Booth Co. Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14644148 . The registered office is 46 Jonathan Henry Place, Luton, LU4 9DQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The Directors believe that the Company has adequate business and financial resources to continue to trade for more than 12 months after the financial statements are authorised, and meet its liabilities and obligations as they fall due. Therefore, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on cost
Computer Equipment 25% on cost
2.5. Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 29 February 2024 11,394 858 12,252
As at 28 February 2025 11,394 858 12,252
Depreciation
As at 29 February 2024 2,279 215 2,494
Provided during the period 2,279 214 2,493
As at 28 February 2025 4,558 429 4,987
Net Book Value
As at 28 February 2025 6,836 429 7,265
As at 29 February 2024 9,115 643 9,758
5. Creditors: Amounts Falling Due Within One Year
28 February 2025 28 February 2024
£ £
Accruals and deferred income 1,919 1,800
Directors' loan accounts 9,059 14,492
10,978 16,292
6. Share Capital
28 February 2025 28 February 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3