HALCYON DAZE LIMITED

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—7

Registered number: 10370876

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		19,952		15,808

			19,952		15,808
CURRENT ASSETS
Stocks	5	23,272		21,766
Debtors	6	231,475		325,347
Cash at bank and in hand		151,961		220,263

		406,708		567,376
Creditors: Amounts Falling Due Within One Year	7	(186,938 )		(214,350 )

NET CURRENT ASSETS (LIABILITIES)			219,770		353,026

TOTAL ASSETS LESS CURRENT LIABILITIES			239,722		368,834

Creditors: Amounts Falling Due After More Than One Year	8		-		(42,507 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,988 )		(1,964 )

NET ASSETS			234,734		324,363

CAPITAL AND RESERVES
Called up share capital	9		60		100
Revaluation reserve	11		(49,960 )		-
Profit and Loss Account			284,634		324,263

SHAREHOLDERS' FUNDS			234,734		324,363

Page 1

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HALCYON DAZE LIMITED

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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

Mr Nicholas Booth

Director

22/06/2026

The notes on pages 4 to 7 form part of these financial statements.

1. General Information

HALCYON DAZE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10370876 . The registered office is The Washington, 79 Fitzwilliam Street, Sheffield, S1 4JP.

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:

Plant & Machinery	25% Reducing Balance
Fixtures & Fittings	20% Reducing Balance
Computer Equipment	25% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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HALCYON DAZE LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2024: 21)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 November 2024	3,186	22,477	2,198	27,861
Additions	4,593	3,971	1,233	9,797

As at 31 October 2025	7,779	26,448	3,431	37,658

Depreciation
As at 1 November 2024	-	11,503	550	12,053
Provided during the period	1,945	2,989	719	5,653

As at 31 October 2025	1,945	14,492	1,269	17,706

Net Book Value
As at 31 October 2025	5,834	11,956	2,162	19,952

As at 1 November 2024	3,186	10,974	1,648	15,808

5. Stocks

	2025	2024
	£	£
Finished goods	23,272	21,766

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	22,819
Prepayments and accrued income	25,882	-
Other debtors - Repair Fund	1,282	325
Directors' loan accounts	-	74,392
Called up share capital not paid	100	100
Amounts owed by related party	204,211	227,711

	231,475	325,347

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HALCYON DAZE LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	50,189	34,882
Corporation tax	30,822	39,781
Other taxes and social security	14,227	10,269
VAT	25,181	24,130
Net wages	667	2,561
Pensions	659	110
Accruals and deferred income	65,111	102,617
Directors' loan accounts	82	-

	186,938	214,350

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

	2025	2024
	£	£
Other loans	-	42,507

9. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	100	100
Called Up Share Capital has been paid up	(40)	-

Amount of Allotted, Called Up Share Capital	60	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr Nicholas Booth	44,384	-	44,466	-	82
Mr Matthew Shimwell	31,455	-	31,455	-	-

The above loan is unsecured, interest free and repayable on demand.

11. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 November 2024	-	324,263
Profit for the year and total comprehensive income	-	93,681

Dividends paid	-	(133,310)
Share capital reduction	(49,960 )	-

As at 31 October 2025	(49,960 )	284,634

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HALCYON DAZE LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

12. Related Party Transactions

Nicholas Booth is a director and shareholders of Halcyon Daze Limited and Halcyon Hallamshire Limited.

Debtors include a loan to Halcyon Hallamshire Limited of £204,211 (2024 : £227,711) at 31 Octocber 2025.

Page 7

	Share Capital	Revaluation reserve	Profit and Loss Account	Total
	£	£	£	£
As at 1 November 2023	100	-	200,896	200,996
Profit for the year and total comprehensive income	-	-	124,814	124,814

Dividends paid	-	-	(1,447)	(1,447)

As at 31 October 2024 and 1 November 2024	100	-	324,263	324,363


Profit for the year and total comprehensive income	-	-	93,681	93,681

Dividends paid	-	-	(133,310)	(133,310)
Share capital reduction	(40 )	(49,960 )	-	(50,000)

As at 31 October 2025	60	(49,960 )	284,634	234,734