ACCOUNTS - Final Accounts preparation

Registered number: 14411493

HALO EMPLOYEE BENEFITS LTD

UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

HALO EMPLOYEE BENEFITS LTD

COMPANY INFORMATION

Director	Martin Richardson


Registered number	14411493


Registered office	Pine Corner
	Firwood Rise
	Heathfield
	East Sussex
	TN21 8NP

HALO EMPLOYEE BENEFITS LTD

CONTENTS

	Page
Director's Report	1
Accountants' Report	2
Statement of Income and Retained Earnings	3
Balance Sheet	4
Notes to the Financial Statements	5 - 7

HALO EMPLOYEE BENEFITS LTD

DIRECTOR'S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2025

The Director presents his report and the financial statements for the year ended 31 October 2025.

Director

The Director who served during the year was:

Martin Richardson

Small companies note

In preparing this report, the Director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 8 July 2026 and signed on its behalf.

................................................

Martin Richardson

Director

Page 1

HALO EMPLOYEE BENEFITS LTD

REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HALO EMPLOYEE BENEFITS LTD
FOR THE YEAR ENDED 31 OCTOBER 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Halo Employee Benefits Ltd for the year ended 31 October 2025 which comprise the Statement of Income and Retained Earnings, the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the director of Halo Employee Benefits Ltd in accordance with the terms of our engagement letter dated 11 October 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Halo Employee Benefits Ltd and state those matters that we have agreed to state to the director of Halo Employee Benefits Ltd in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Halo Employee Benefits Ltd and its director for our work or for this report.

It is your duty to ensure that Halo Employee Benefits Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Halo Employee Benefits Ltd. You consider that Halo Employee Benefits Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Halo Employee Benefits Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Milton Avis LLP

Chartered Accountant

120 Baker Street

London

W1U 6TU

8 July 2026

Page 2

HALO EMPLOYEE BENEFITS LTD

STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE YEAR ENDED 31 OCTOBER 2025

	2025	2024
Note	£	£


Turnover	593,268	338,732
Cost of sales	(56,024)	(31,196)
Gross profit	537,244	307,536
Administrative expenses	(43,296)	(53,593)
Operating profit	493,948	253,943
Tax on profit	(123,888)	(63,522)
Profit after tax	370,060	190,421



Retained earnings at the beginning of the year	91,447	30,526
	91,447	30,526
Profit for the year	370,060	190,421
Dividends declared and paid	(250,000)	(129,500)
Retained earnings at the end of the year	211,507	91,447

The notes on pages 5 to 7 form part of these financial statements.

Page 3

HALO EMPLOYEE BENEFITS LTD

REGISTERED NUMBER: 14411493

BALANCE SHEET

AS AT 31 OCTOBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	10,000		10,000
Cash at bank and in hand	5	343,109		165,265
		353,109		175,265
Creditors: amounts falling due within one year	6	(131,602)		(73,818)
Net current assets			221,507		101,447
Total assets less current liabilities			221,507		101,447

Net assets			221,507		101,447

Capital and reserves
Called up share capital	10,000	10,000
Profit and loss account	211,507	91,447
	221,507	101,447

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 July 2026.

................................................

Martin Richardson

Director

The notes on pages 5 to 7 form part of these financial statements.

Page 4

HALO EMPLOYEE BENEFITS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

The company is a private company limited by shares and was incorporated on 11 October 2022 and is registered in England and Wales. Its registered office is Pine Corner, Firwood Rise, East Sussex, TN21 8NP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.4

Debtors

Short-term debtors are measured at transaction price. Loans receivable are measured at fair value.

Page 5

HALO EMPLOYEE BENEFITS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including the director, during the year was as follows:

	2025	2024
	No.	No.

Employees	1	1

Debtors

					2025	2024
					£	£


Unpaid share capital	10,000	10,000
	10,000	10,000

5.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	343,109	165,265
	343,109	165,265

Page 6

HALO EMPLOYEE BENEFITS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	123,888	63,576
Directors loan account	3,514	6,042
Accruals and deferred income	4,200	4,200
	131,602	73,818

Page 7