HALO SECURITY SPECIALIST CIC

Company limited by guarantee

Company Registration Number:
12656917 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

HALO SECURITY SPECIALIST CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HALO SECURITY SPECIALIST CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 247,166 363,519
Cost of sales: ( 67,195 ) ( 172,875 )
Gross profit(or loss): 179,971 190,644
Administrative expenses: ( 184,412 ) ( 190,847 )
Operating profit(or loss): (4,441) (203)
Profit(or loss) before tax: (4,441) (203)
Profit(or loss) for the financial year: (4,441) (203)

HALO SECURITY SPECIALIST CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 64,191 2,316
Cash at bank and in hand: 4,524 5,252
Total current assets: 68,715 7,568
Prepayments and accrued income: 25,199
Creditors: amounts falling due within one year: 4 ( 81,325 ) ( 40,936 )
Net current assets (liabilities): (12,610) (8,169)
Total assets less current liabilities: (12,610) ( 8,169)
Total net assets (liabilities): (12,610) (8,169)
Members' funds
Profit and loss account: (12,610) ( 8,169)
Total members' funds: ( 12,610) (8,169)

The notes form part of these financial statements

HALO SECURITY SPECIALIST CIC

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 14 May 2025
and signed on behalf of the board by:

Name: Halsho Draey
Status: Director

The notes form part of these financial statements

HALO SECURITY SPECIALIST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HALO SECURITY SPECIALIST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 13 7

HALO SECURITY SPECIALIST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 2023
£ £
Trade debtors 64,191 2,316
Prepayments and accrued income 0
Total 64,191 2,316

HALO SECURITY SPECIALIST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 81,325 40,936
Total 81,325 40,936

COMMUNITY INTEREST ANNUAL REPORT

HALO SECURITY SPECIALIST CIC

Company Number: 12656917 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

We are actively working in the community of Kensington and Chelsea ever since the Grenfell tragedy which still has a detrimental effect on mental health Our primary goal is to Help and supporting our community in such very difficult and vulnerable times The organization was set up to assist and actively involve the residents of the borough of Kensington and Chelsea with our services improving both our Community, Security, Safety, and improving both Skills, Health Well-being, and Education We believe the future state of business will be measured in social value as much as it is going to be upon financial value Creating a wider range of impact in order to create a better society and community to engage The company was incorporated on 9th of June 2020 but have been active, before it became a CIC, since 14 June 2017 with volunteering work. We are performing a number of activities, professional services and education courses that is not elsewhere offered or that would not normally be available to our local residents in the borough Our courses include: Fire awareness: This qualification covers the following topics: Causes of fire in the workplace Fire hazards Fire risk assessment Fire safety inspections Role of the fire warden Induction briefings Door Supervision (SIA): The purpose and main features of the private security industry Legislation that is relevant to people working in the private security industry Maintaining health and safety in the workplace Understand elements of civil and criminal law Understanding admissions policy and search procedures Understand the powers of citizen’s arrest and related procedures Career Planning Employability training including CV writing, interview techniques, assistance with job search

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £48352

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
14 May 2025

And signed on behalf of the board by:
Name: Halsho Draey
Status: Director