Company Registration No. 01372946 (England and Wales)
Hawkshaw Motor Cycles Limited
Unaudited accounts
for the year ended 30 June 2023
Hawkshaw Motor Cycles Limited
Unaudited accounts
Contents
Hawkshaw Motor Cycles Limited
Company Information
for the year ended 30 June 2023
Directors
Mr J G Hawkshaw
Mrs P Hawkshaw
Mr C Hawkshaw
Mr A R Hawkshaw
Company Number
01372946 (England and Wales)
Registered Office
6 Halltine Close
Blundellsands
Liverpool
L23 6XX
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
Hawkshaw Motor Cycles Limited
Statement of financial position
as at 30 June 2023
Tangible assets
63,985
66,721
Investments
121,973
25,500
Cash at bank and in hand
117,248
210,576
Creditors: amounts falling due within one year
(255,228)
(253,974)
Net current liabilities
(118,130)
(23,398)
Called up share capital
100
100
Profit and loss account
67,728
68,723
Shareholders' funds
67,828
68,823
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 January 2024 and were signed on its behalf by
Mr J G Hawkshaw
Director
Company Registration No. 01372946
Hawkshaw Motor Cycles Limited
Notes to the Accounts
for the year ended 30 June 2023
Hawkshaw Motor Cycles Limited is a private company, limited by shares, registered in England and Wales, registration number 01372946. The registered office is 6 Halltine Close, Blundellsands, Liverpool, L23 6XX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
4% on reducing balance
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Investments in shares are included at fair value.
Hawkshaw Motor Cycles Limited
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
114,733
3,287
4,000
122,020
At 30 June 2023
114,733
3,287
4,000
122,020
At 1 July 2022
48,423
3,102
3,774
55,299
Charge for the year
2,652
28
56
2,736
At 30 June 2023
51,075
3,130
3,830
58,035
At 30 June 2023
63,658
157
170
63,985
At 30 June 2022
66,310
185
226
66,721
5
Investments
Other investments
Valuation at 1 July 2022
25,500
Fair value adjustments
1,273
Valuation at 30 June 2023
121,973
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,183
2,512
Taxes and social security
4,254
5,671
Loans from directors
247,251
245,275
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).