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REGISTERED NUMBER: 08955457 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

HAWKEYE SALES & MARKETING LTD

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAWKEYE SALES & MARKETING LTD

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr R Fear
Mrs A Fear





REGISTERED OFFICE: 21 St. Johns Road
East Grinstead
West Sussex
RH19 3LG





REGISTERED NUMBER: 08955457 (England and Wales)





ACCOUNTANTS: Bentleys Accounting Limited
Suite 6, 141/143 South Road
Haywards Heath
West Sussex
RH16 4LY

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,168 5,809
Investment property 5 3,730,000 3,730,000
3,735,168 3,735,809

CURRENT ASSETS
Stocks - 17,583
Debtors 6 1,780,969 939,490
Cash at bank 38,259 569,473
1,819,228 1,526,546
CREDITORS
Amounts falling due within one year 7 406,571 508,501
NET CURRENT ASSETS 1,412,657 1,018,045
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,147,825

4,753,854

CREDITORS
Amounts falling due after more than one
year

8

2,721,319

2,740,972
NET ASSETS 2,426,506 2,012,882

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 947,278 947,278
Retained earnings 1,479,128 1,065,504
SHAREHOLDERS' FUNDS 2,426,506 2,012,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 20 October 2023 and were signed on its behalf by:





Mrs A Fear - Director


HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

HAWKEYE SALES & MARKETING 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at 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 recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 9,533 1,287 10,820
Additions - 404 404
At 31 March 2023 9,533 1,691 11,224
DEPRECIATION
At 1 April 2022 4,448 563 5,011
Charge for year 763 282 1,045
At 31 March 2023 5,211 845 6,056
NET BOOK VALUE
At 31 March 2023 4,322 846 5,168
At 31 March 2022 5,085 724 5,809

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 3,730,000
NET BOOK VALUE
At 31 March 2023 3,730,000
At 31 March 2022 3,730,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2021 947,278
Cost 2,782,722
3,730,000

6. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Trade debtors 92,754 8,390
Other debtors 23,243 45,936
VAT - 39,369
115,997 93,695

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS - continued
31.3.23 31.3.22
£    £   
Amounts falling due after more than one year:
Amounts owed by participating interests 1,664,972 845,795

Aggregate amounts 1,780,969 939,490

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 4,309 6,580
Tax 108,272 67,954
Social security and other taxes 10 10
VAT 19,287 -
Other creditors 2,981 24,585
Bank loans 62,213 62,213
Directors' current accounts 206,549 198,382
Deferred income - 145,827
Accrued expenses 2,950 2,950
406,571 508,501

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans - 1-2 years - 31,146
Bank loans - 2 years onwards 2,382,832 2,400,883
Other loans - 2 years onwards 145,808 116,264
Amounts owed to participating interests 192,679 192,679
2,721,319 2,740,972

9. RESERVES
Revaluation
reserve
£   
At 1 April 2022
and 31 March 2023 947,278

10. RELATED PARTY DISCLOSURES

Under Debtors amounts falling due after more than one year are £1,127,424 from Hawkeye Construction Ltd and £537,546 from Hawkeye Property Holdings Ltd.

Under Creditors amount falling due after more than one year is £192,679 from Supreme Pharmatech Ltd.

The Directors have an interest in these companies.