REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2023 |
for |
Mark Hawkins Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2023 |
for |
Mark Hawkins Limited |
Mark Hawkins Limited (Registered number: 06945643) |
Contents of the Financial Statements |
for the Year Ended 30 April 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Mark Hawkins Limited |
Company Information |
for the Year Ended 30 April 2023 |
DIRECTOR: |
SECRETARIES: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Pinnacle House |
1 Pinnacle Way |
Derby |
Derbyshire |
DE24 8ZS |
Mark Hawkins Limited (Registered number: 06945643) |
Balance Sheet |
30 April 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Non-distributable reserve - |
revaluation of investments | 9 | 76,917 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
Mark Hawkins Limited (Registered number: 06945643) |
Balance Sheet - continued |
30 April 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Mark Hawkins Limited (Registered number: 06945643) |
Notes to the Financial Statements |
for the Year Ended 30 April 2023 |
1. | STATUTORY INFORMATION |
Mark Hawkins Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the company's share of the profits of the partnership Tallents Solicitors. |
Goodwill |
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows: |
Goodwill - ten years |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST OR VALUATION |
At 1 May 2022 |
Disposals | ( |
) |
Revaluations |
At 30 April 2023 |
NET BOOK VALUE |
At 30 April 2023 |
At 30 April 2022 |
Mark Hawkins Limited (Registered number: 06945643) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2023 |
4. | FIXED ASSET INVESTMENTS - continued |
Cost or valuation at 30 April 2023 is represented by: |
Other |
investments |
£ |
Valuation in 2023 | 134,606 |
Cost | 550,000 |
684,606 |
If investments had not been revalued they would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 550,000 | 750,000 |
Fixed asset investments were valued on an open market basis on 30 April 2023 by Prudential plc . |
5. | DEBTORS |
2023 | 2022 |
£ | £ |
Amounts falling due within one year: |
Due from Tallents Solicitors |
Directors' current accounts | 53,569 | 37,939 |
Amounts falling due after more than one year: |
Other debtors |
Aggregate amounts |
Other than as stated under directors' current accounts above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly. |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Tax |
Accruals and deferred income |
7. | PROVISIONS FOR LIABILITIES |
2023 | 2022 |
£ | £ |
Deferred tax | 25,575 | 18,042 |
Mark Hawkins Limited (Registered number: 06945643) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2023 |
7. | PROVISIONS FOR LIABILITIES - continued |
Deferred |
tax |
£ |
Balance at 1 May 2022 |
Charge to Income Statement during year |
Balance at 30 April 2023 |
8. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 100 | 1 |
99 Ordinary shares of £1 were issued during the year |
9. | RESERVES |
Non-distribut |
reserve - |
revaluation |
of |
investments |
£ |
At 1 May 2022 |
Transfer between reserves | 32,114 |
At 30 April 2023 |
10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 30 April 2023 and 30 April 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Interest was charged on the director's advances at HM Revenue & Customs official rate of interest being 2% per annum. |
The outstanding advances were repaid within nine months of the year end. |