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Registered number: 09330491
Halo Solutions Ltd
Unaudited Financial Statements
For the Period 1 April 2024 to 31 December 2024
Hardy Accounting Limited
Halo Solutions Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Halo Solutions Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 09330491

| 31 December 2024 | 31 March 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 640,441 |  | 762,312
Tangible Assets | 5 |  | 18,589 |  | 30,957
|  |  | 659,030 |  | 793,269
CURRENT ASSETS
Debtors | 6 | 181,986 |  | 44,665 |
Cash at bank and in hand |  | 1 |  | 42,355 |
|  | 181,987 |  | 87,020 |
Creditors: Amounts Falling Due Within One Year | 7 | (803,370 ) |  | (785,703 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (621,383 ) |  | (698,683 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 37,647 |  | 94,586
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (22,507 ) |  | (55,150 )
NET ASSETS |  |  | 15,140 |  | 39,436
CAPITAL AND RESERVES
Called up share capital | 9 |  | 326 |  | 322
Share premium account |  |  | 1,060,460 |  | 589,546
Capital redemption reserve |  |  | 38 |  | 38
Profit and Loss Account |  |  | (1,045,684 ) |  | (550,470 )
SHAREHOLDERS' FUNDS |  |  | 15,140 |  | 39,436

Page 1
Page 2
Halo Solutions Ltd
Balance Sheet (continued)
As At 31 December 2024
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Lloyd Major Director
22/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Halo Solutions Ltd
Notes to the Financial Statements
For the Period 1 April 2024 to 31 December 2024
Notes to the Financial Statements
1. General Information
Halo Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09330491 . The registered office is The Newark Beacon, Cafferata Way, Newark, Nottinghamshire, NG24 2TN.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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:

Fixtures & Fittings | 15% RB
Computer Equipment | 33% RB

2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 12 (2024: 9)
12 9
Page 3
Page 4
Halo Solutions Ltd
Notes to the Financial Statements (continued)
For the Period 1 April 2024 to 31 December 2024
4. Intangible Assets

| Development Costs
--- | ---
| £
Cost
As at 1 April 2024 | 1,089,236
Additions | 48,841
As at 31 December 2024 | 1,138,077
Amortisation
As at 1 April 2024 | 326,924
Provided during the period | 170,712
As at 31 December 2024 | 497,636
Net Book Value
As at 31 December 2024 | 640,441
As at 1 April 2024 | 762,312

5. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 3,950 | 52,327 | 56,277
Disposals | - | (11,797 ) | (11,797 )
As at 31 December 2024 | 3,950 | 40,530 | 44,480
Depreciation
As at 1 April 2024 | 1,325 | 23,995 | 25,320
Provided during the period | 295 | 5,419 | 5,714
Disposals | - | (5,143 ) | (5,143 )
As at 31 December 2024 | 1,620 | 24,271 | 25,891
Net Book Value
As at 31 December 2024 | 2,330 | 16,259 | 18,589
As at 1 April 2024 | 2,625 | 28,332 | 30,957

6. Debtors

| 31 December 2024 |  | 31 March 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 140,292 |  | 31,681
Other debtors | 41,694 |  | 12,984
| 181,986 |  | 44,665

Page 4
Page 5
Halo Solutions Ltd
Notes to the Financial Statements (continued)
For the Period 1 April 2024 to 31 December 2024
7. Creditors: Amounts Falling Due Within One Year

| 31 December 2024 |  | 31 March 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 31,251 |  | 32,520
Bank loans and overdrafts | 45,641 |  | 33,017
Other loans | 262,500 |  | 250,000
Other creditors | 439,785 |  | 431,129
Taxation and social security | 24,193 |  | 39,037
| 803,370 |  | 785,703

8. Creditors: Amounts Falling Due After More Than One Year

| 31 December 2024 |  | 31 March 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 22,507 |  | 55,150

9. Share Capital

| 31 December 2024 |  | 31 March 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 326 |  | 322

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