Halo I.S Limited 31/03/2025 iXBRL

Company registration number: 11806111

Halo I.S Limited

Unaudited filleted financial statements

31 March 2025

Halo I.S Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Halo I.S Limited

Directors and other information


	Directors	Mr D Teggin
		Mr M Batsurin


	Company number	11806111


	Registered office	Unit 3
		The Courtyard
		Leeds
		LS10 2JA


	Business address	Unit 3
		The Courtyard
		Leeds
		LS10 2JA


	Accountants	The Barker Partnership
		24 High Street
		Pateley Bridge
		Harrogate
		HG3 5JU

Halo I.S Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Halo I.S Limited

Year ended 31 March 2025

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 I.S Limited for the year ended 31 March 2025 which comprise the statement of financial position and 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 http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Halo I.S Limited, as a body, in accordance with the terms of our engagement letter dated 11 June 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Halo I.S Limited and state those matters that we have agreed to state to the board of directors of Halo I.S 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 I.S Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Halo I.S 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 profit of Halo I.S Limited. You consider that Halo I.S 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 I.S 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.

The Barker Partnership

Chartered Accountants

24 High Street

Pateley Bridge

Harrogate

HG3 5JU

30 October 2025

Halo I.S Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	17,358		19,322
		_______		_______
			17,358		19,322

Current assets
Debtors	6	307,621		106,507
Cash at bank and in hand		74,147		80,848
		_______		_______
		381,768		187,355
Creditors: amounts falling due
within one year	7	( 266,546)		( 145,590)
		_______		_______
Net current assets			115,222		41,765
			_______		_______
Total assets less current liabilities			132,580		61,087

Creditors: amounts falling due
after more than one year	8		( 833)		( 5,833)

Provisions for liabilities			( 4,340)		( 4,728)

			_______		_______
Net assets			127,407		50,526
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			127,307		50,426
			_______		_______
Shareholders funds			127,407		50,526
			_______		_______

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

Directors responsibilities:

- 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;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 30 October 2025 , and are signed on behalf of the board by:

Mr D Teggin Mr M Batsurin

Director Director

Company registration number: 11806111

Halo I.S Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Unit 3, The Courtyard, Leeds, LS10 2JA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates .

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost .

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 15 (2024: 13 ).

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 April 2024	33,072	33,072
Additions	4,854	4,854
	_______	_______
At 31 March 2025	37,926	37,926
	_______	_______
Depreciation
At 1 April 2024	13,750	13,750
Charge for the year	6,818	6,818
	_______	_______
At 31 March 2025	20,568	20,568
	_______	_______
Carrying amount
At 31 March 2025	17,358	17,358
	_______	_______
At 31 March 2024	19,322	19,322
	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	302,449	103,693
Other debtors	5,172	2,814
	_______	_______
	307,621	106,507
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,000	5,000
Trade creditors	43,938	44,612
Corporation tax	86,076	45,188
Social security and other taxes	125,912	43,507
Other creditors	5,620	7,283
	_______	_______
	266,546	145,590
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	833	5,833
	_______	_______