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Company Registration No. 05032406 (England and Wales)
HALECO LIMITED Unaudited accounts for the year ended 28 February 2025
HALECO LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
HALECO LIMITED Company Information for the year ended 28 February 2025
Director
Irfana Umar
Company Number
05032406 (England and Wales)
- 3 -
HALECO LIMITED Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
310,523 
256,915 
Investments
5
185,000 
145,000 
495,523 
401,915 
Current assets
Inventories
3,711 
3,618 
Debtors
6
447,768 
3,349 
Cash at bank and in hand
79,148 
470,874 
530,627 
477,841 
Creditors: amounts falling due within one year
7
(212,246)
(172,518)
Net current assets
318,381 
305,323 
Total assets less current liabilities
813,904 
707,238 
Creditors: amounts falling due after more than one year
8
(19,688)
(29,812)
Provisions for liabilities
Deferred tax
(1)
(6,359)
Net assets
794,215 
671,067 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
794,115 
670,967 
Shareholders' funds
794,215 
671,067 
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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 June 2025 and were signed on its behalf by
Irfana Umar Director Company Registration No. 05032406
- 4 -
HALECO LIMITED Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
HALECO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05032406.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
100,791 
37,388 
416,054 
554,233 
Additions
- 
63,690 
25,200 
88,890 
At 28 February 2025
100,791 
101,078 
441,254 
643,123 
Depreciation
At 1 March 2024
- 
9,634 
287,684 
297,318 
Charge for the year
- 
4,568 
30,714 
35,282 
At 28 February 2025
- 
14,202 
318,398 
332,600 
Net book value
At 28 February 2025
100,791 
86,876 
122,856 
310,523 
At 29 February 2024
100,791 
27,754 
128,370 
256,915 
5
Investments
Other investments 
£ 
Valuation at 1 March 2024
145,000 
Additions
40,000 
Valuation at 28 February 2025
185,000 
- 5 -
HALECO LIMITED Notes to the Accounts for the year ended 28 February 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,768 
3,349 
Amounts due from group undertakings etc.
445,000 
- 
447,768 
3,349 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
4,779 
2,689 
VAT
10,107 
18,405 
Trade creditors
5,015 
5,134 
Taxes and social security
24,878 
42,385 
Other creditors
28,500 
31,139 
Loans from directors
77,977 
72,766 
Accruals
60,990 
- 
212,246 
172,518 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
19,688 
29,812 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -