Halo Industries Ltd - Accounts to registrar (filleted) - small 18.2

Halo Industries Ltd - Accounts to registrar (filleted) - small 18.2

HALO INDUSTRIES LTD - Company Information

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REGISTERED NUMBER: 10998039 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 5 OCTOBER 2017 TO 31 OCTOBER 2018

FOR

Halo Industries Ltd
Halo Industries Ltd (Registered number: 10998039)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 5 October 2017 to 31 October 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Halo Industries Ltd

COMPANY INFORMATION
for the Period 5 October 2017 to 31 October 2018







DIRECTORS: P G Tarry
R Stevenson





REGISTERED OFFICE: Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP





REGISTERED NUMBER: 10998039 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP
Page 1
Halo Industries Ltd (Registered number: 10998039)

BALANCE SHEET
31 October 2018

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,763

CURRENT ASSETS
Debtors 5 1,556
Cash at bank 25,671
27,227
CREDITORS
Amounts falling due within one year 6 6,349
NET CURRENT ASSETS 20,878
TOTAL ASSETS LESS CURRENT LIABILITIES 25,641

CAPITAL AND RESERVES
Called up share capital 110
Share premium 104,967
Retained earnings (79,436 )
25,641

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and
of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6 March 2019 and were signed on its behalf by:





P G Tarry - Director


The notes form part of these financial statements

Page 2
Halo Industries Ltd (Registered number: 10998039)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 5 October 2017 to 31 October 2018

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of goods and services and is recognised when the company obtains the right to invoice for work completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Office equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current tax recognised as the amount of tax payable using the tax rates and laws that have been enacted
or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is not recognised in respect of any timing differences that have originated but not reversed at the balance sheet date since
the amount is not considered to be material.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Plant and Office
machinery equipment Totals
£    £    £   
COST
Additions 5,454 500 5,954
At 31 October 2018 5,454 500 5,954
DEPRECIATION
Charge for period 1,091 100 1,191
At 31 October 2018 1,091 100 1,191
NET BOOK VALUE
At 31 October 2018 4,363 400 4,763

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,556

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 6,349

Page 3