THE HALO TRUST

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. THE HALO TRUST · parent
   1. HALO Trading 2021 Limited

Significant events

• “The U.S. Foreign Assistance stop order in January may have ended the U.S. government's focus on certain aspects of overseas aid, but conventional weapons disposal remains a U.S. priority.”
• “HALO has published a new strategy, outlining how it will act across every stage of conflict.”
• “HALO continue to develop our Board, and I am delighted that it has been joined this year by Faeth Birch and Farzana Baduel as trustees, who both add a strong communications expertise to the Board.”
• “This year HALO said goodbye to Jane Davis who has stood down as Trustee after working with HALO for over 30 years.”
• “In late January 2025 the programme [Iraq] was significantly impacted when all operations were terminated following funding cuts, putting the future of mine action in Iraq at risk.”
• “On 28 March 2025, Myanmar suffered a 7.7 magnitude earthquake, affecting the central regions most acutely.”
• “The political and security environment in Syria changed dramatically in December 2024 with the rapid collapse of the Assad regime's military forces and subsequent take-over of the country by opposition forces, led by the new interim president, Ahmed al-Sharaa.”
• “Following the start of the US/UK airstrikes in early 2024, HALO ceased its MOU conversations with the authorities in Ansar Allah controlled areas.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +11.5%

  £143,240,000 → £159,729,000

• Cash

  +37.1%

  £20,589,000 → £28,232,000

• Net assets

  +8.9%

  £28,873,000 → £31,444,000

• Employees

  +1.7%

  11,027 → 11,216

• Wages

  +19.1%

  £69,442,000 → £82,713,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers