Company registration number 08841051 (England and Wales)
HALO STONE SURFACES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
HALO STONE SURFACES LIMITED
COMPANY INFORMATION
Director
Mr D Wagstaff
Company number
08841051
Registered office
55 Max Road
Quinton
Birmingham
West Midlands
B32 1LD
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
HSBC Bank Plc
148 High Street
Harbourne
Birmingham
B17 9PN
HALO STONE SURFACES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
HALO STONE SURFACES LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HALO STONE SURFACES LIMITED FOR THE YEAR ENDED 31 JANUARY 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Halo Stone Surfaces Limited for the year ended 31 January 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Halo Stone Surfaces Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Halo Stone Surfaces Limited and state those matters that we have agreed to state to the Board of Directors of Halo Stone Surfaces Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Halo Stone Surfaces Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Halo Stone Surfaces Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Halo Stone Surfaces Limited. You consider that Halo Stone Surfaces Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Halo Stone Surfaces Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ormerod Rutter Limited
27 May 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
HALO STONE SURFACES LIMITED
BALANCE SHEET
AS AT 31 JANUARY 2025
31 January 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
18,711
22,799
Current assets
Debtors
5
582
-
0
Cash at bank and in hand
110,270
113,232
110,852
113,232
Creditors: amounts falling due within one year
6
(56,646)
(51,749)
Net current assets
54,206
61,483
Total assets less current liabilities
72,917
84,282
Provisions for liabilities
7
-
0
(3,427)
Net assets
72,917
80,855
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
72,817
80,755
Total equity
72,917
80,855

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 27 May 2025
Mr D Wagstaff
Director
Company registration number 08841051 (England and Wales)
HALO STONE SURFACES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
1
Accounting policies
Company information

Halo Stone Surfaces Limited is a private company limited by shares incorporated in England and Wales. The registered office is 55 Max Road, Quinton, Birmingham, West Midlands, United Kingdom, B32 1LD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Intangible fixed assets other than goodwill

Other intangible assets, being the value of prototype equipment developed for use in the business' trading activities, has been fully amortised evenly over its estimated useful life.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Improvements to property
10% on cost
Plant and machinery
25% on reducing balance
Computer equipment
25% on cost
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

HALO STONE SURFACES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Intangible fixed assets
£
Cost
At 1 February 2024 and 31 January 2025
14,000
Amortisation and impairment
At 1 February 2024 and 31 January 2025
14,000
Carrying amount
At 31 January 2025
-
0
At 31 January 2024
-
0
HALO STONE SURFACES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 5 -
4
Tangible fixed assets
Improvements to property
Plant and machinery
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 February 2024
7,681
4,920
1,751
34,770
49,122
Additions
-
0
-
0
-
0
18,914
18,914
Disposals
-
0
-
0
-
0
(34,770)
(34,770)
At 31 January 2025
7,681
4,920
1,751
18,914
33,266
Depreciation and impairment
At 1 February 2024
2,917
4,226
1,523
17,657
26,323
Depreciation charged in the year
768
174
218
4,729
5,889
Eliminated in respect of disposals
-
0
-
0
-
0
(17,657)
(17,657)
At 31 January 2025
3,685
4,400
1,741
4,729
14,555
Carrying amount
At 31 January 2025
3,996
520
10
14,185
18,711
At 31 January 2024
4,764
694
228
17,113
22,799
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Deferred tax asset
582
-
0
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
264
-
0
Taxation and social security
2,685
5,594
Other creditors
53,697
46,155
56,646
51,749
7
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
-
0
3,427
HALO STONE SURFACES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 6 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
95
95
95
95
Ordinary B of £1 each
5
5
5
5
100
100
100
100
9
Ultimate controlling party

The ultimate controlling party is Mr D Wagstaff.

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