HAILO GLOBAL LIMITED


Director	WHITING, Luke Harold


Registered Address	23 Kirby Road
	Newthorpe
	Nottingham
	NG16 3QA


Registered Number	15930832 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025
		£	£
Fixed assets
Intangible assets	4		10,000
			10,000
Current assets
Debtors	5	1,926
Cash at bank and on hand		11,409
		13,335
Creditors amounts falling due within one year	6	(10,649)
Net current assets (liabilities)			2,686
Total assets less current liabilities			12,686
Net assets			12,686
Capital and reserves
Called up share capital			102
Share premium			35,931
Profit and loss account			(23,347)
Shareholders' funds			12,686

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 22 June 2026, and are signed on its behalf by:

WHITING, Luke Harold
Director
Registered Company No. 15930832

HAILO GLOBAL LIMITED

Notes to the Financial Statements
for the period ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	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.

	Intangible assets
	Software development costs are initially measured at cost. Costs that are directly attributable to the development of software are capitalised when the recognition criteria for an intangible asset are met. After initial recognition, software development costs are measured at cost less accumulated amortisation and any accumulated impairment losses. Software development costs are amortised on a straight-line basis over their estimated useful economic life of three years from the date they are available for use. Software development costs of £10,000 were capitalised during the year and went live post year end on 1 May 2026. From this date the asset is being amortised over its useful life of three years.

Intangible assets

Software development costs are initially measured at cost. Costs that are directly attributable to the development of software are capitalised when the recognition criteria for an intangible asset are met. After initial recognition, software development costs are measured at cost less accumulated amortisation and any accumulated impairment losses. 

Software development costs are amortised on a straight-line basis over their estimated useful economic life of three years from the date they are available for use.

Software development costs of £10,000 were capitalised during the year and went live post year end on 1 May 2026. From this date the asset is being amortised over its useful life of three years.

2.	Average number of employees


		2025
	Average number of employees during the year	0

3.	Further information regarding the company's income
	These financial statements have been prepared for the period from the date of incorporation on 2 September 2024 to 30 September 2025. This represents the Company’s first set of financial statements since incorporation.

4.	Intangible assets
	Software development costs of £10,000 were capitalised during the year and went live post year end on 1 May 2026. From this date the asset is being amortised over its useful life of three years.

	Other	Total
	£	£
Cost or valuation
Additions	10,000	10,000
At 30 September 25	10,000	10,000
Net book value
At 30 September 25	10,000	10,000
At 01 September 24	-	-

5.	Debtors: amounts due within one year

		2025
		£
	Other debtors	1,488
	Prepayments and accrued income	438
	Total	1,926

6.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	1,102
	Other creditors	9,547
	Total	10,649

7.	Operating lease commitments
	At 30 September 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £6,046 of which £4,031 is due within one year and £2,015 is due greater than one year and within five years.

8.	Related party transactions
	At the balance sheet date, the company owed £7,547 to the director and this amount is included within other creditors. The loan is unsecured, interest free and repayable on demand. Also included within other creditors is a loan from a shareholder of £2,000. The loan is unsecured, interest-free and repayable on demand.