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Registered number: 14294367
Halo Polo Academy Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Jeffrey Rose Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14294367
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,619 7,628
7,619 7,628
CURRENT ASSETS
Debtors 5 1,245 1,505
Cash at bank and in hand 299 2,102
1,544 3,607
Creditors: Amounts Falling Due Within One Year 6 (3,281 ) (835 )
NET CURRENT ASSETS (LIABILITIES) (1,737 ) 2,772
TOTAL ASSETS LESS CURRENT LIABILITIES 5,882 10,400
Creditors: Amounts Falling Due After More Than One Year 7 (6,975 ) (12,000 )
NET LIABILITIES (1,093 ) (1,600 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (1,094 ) (1,601 )
SHAREHOLDERS' FUNDS (1,093) (1,600)
Page 1
Page 2
For the year ending 31 August 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 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.
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
Mrs Erika Meikle
Director
08/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Halo Polo Academy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14294367 . The registered office is Whitemoor Farm 4 Whitemoor Cottages Blyth Road, Perlethorpe, Newark, NG22 9ED.
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. 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:
Livestock 10
Plant & Machinery 15
Motor Vehicles 25
Fixtures & Fittings 15
Computer Equipment 50
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: NIL)
2 -
4. Tangible Assets
Land & Property
Livestock Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 September 2024 5,000 800 4,000 750
As at 31 August 2025 5,000 800 4,000 750
...CONTINUED
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Page 4
Depreciation
As at 1 September 2024 1,000 647 1,750 209
Provided during the period - 23 563 81
Disposals (1,000 ) - - -
As at 31 August 2025 - 670 2,313 290
Net Book Value
As at 31 August 2025 5,000 130 1,687 460
As at 1 September 2024 4,000 153 2,250 541
Computer Equipment Total
£ £
Cost
As at 1 September 2024 905 11,455
As at 31 August 2025 905 11,455
Depreciation
As at 1 September 2024 221 3,827
Provided during the period 342 1,009
Disposals - (1,000 )
As at 31 August 2025 563 3,836
Net Book Value
As at 31 August 2025 342 7,619
As at 1 September 2024 684 7,628
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 258
Due after more than one year
Directors loan account 1,245 1,247
1,245 1,505
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 849 835
Natwest Credit Card 2,432 -
3,281 835
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Loan from Bloodstock 1,419 12,000
LOAN FROM THORESBY PARK POLO 185 -
Directors loan account 5,371 -
6,975 12,000
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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