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REGISTERED NUMBER: 09355910 (England and Wales)















HAWKINSTHOMAS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023






HAWKINSTHOMAS LIMITED (REGISTERED NUMBER: 09355910)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAWKINSTHOMAS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: Mr A J Hawkins
Mr G Thomas





REGISTERED OFFICE: 8 Deryn Court
Pentwyn
Cardiff
CF23 7HA





REGISTERED NUMBER: 09355910 (England and Wales)





ACCOUNTANTS: Davies Williams Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

HAWKINSTHOMAS LIMITED (REGISTERED NUMBER: 09355910)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,565,211 1,948,632
Tangible assets 5 54,152 34,033
Investments 6 192,666 185,332
1,812,029 2,167,997

CURRENT ASSETS
Debtors 7 173,249 146,967
Cash at bank 133,303 220,619
306,552 367,586
CREDITORS
Amounts falling due within one year 8 600,481 575,008
NET CURRENT LIABILITIES (293,929 ) (207,422 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,518,100 1,960,575

CREDITORS
Amounts falling due after more than one
year

9

(1,378,546

)

(1,785,554

)

PROVISIONS FOR LIABILITIES (12,737 ) (6,466 )
NET ASSETS 126,817 168,555

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 126,712 168,450
SHAREHOLDERS' FUNDS 126,817 168,555

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

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

HAWKINSTHOMAS LIMITED (REGISTERED NUMBER: 09355910)

BALANCE SHEET - continued
31ST DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th April 2024 and were signed on its behalf by:




Mr G Thomas - Director



Mr A J Hawkins - Director


HAWKINSTHOMAS LIMITED (REGISTERED NUMBER: 09355910)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023


1. STATUTORY INFORMATION

HawkinsThomas Limited 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of fifteen 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.

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 - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

HAWKINSTHOMAS LIMITED (REGISTERED NUMBER: 09355910)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


2. ACCOUNTING POLICIES - continued

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.

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 12 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2023 3,750,604
Additions 20,766
Disposals (196,333 )
At 31st December 2023 3,575,037
AMORTISATION
At 1st January 2023 1,801,972
Amortisation for year 240,836
Eliminated on disposal (32,982 )
At 31st December 2023 2,009,826
NET BOOK VALUE
At 31st December 2023 1,565,211
At 31st December 2022 1,948,632

HAWKINSTHOMAS LIMITED (REGISTERED NUMBER: 09355910)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st January 2023 42,151 30,912 73,063
Additions 11,229 14,943 26,172
At 31st December 2023 53,380 45,855 99,235
DEPRECIATION
At 1st January 2023 23,658 15,372 39,030
Charge for year 3,628 2,425 6,053
At 31st December 2023 27,286 17,797 45,083
NET BOOK VALUE
At 31st December 2023 26,094 28,058 54,152
At 31st December 2022 18,493 15,540 34,033

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st January 2023 185,332
Additions 100,000
Disposals (92,666 )
At 31st December 2023 192,666
NET BOOK VALUE
At 31st December 2023 192,666
At 31st December 2022 185,332

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 170,125 143,776
Other debtors 3,124 3,191
173,249 146,967

HAWKINSTHOMAS LIMITED (REGISTERED NUMBER: 09355910)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 1,180
Taxation and social security 177,582 148,947
Other creditors 422,899 424,881
600,481 575,008

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 1,378,546 1,785,554

10. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Other loans 414,300 417,330

Amounts falling due between two and five years:
Other loans - 2-5 years 1,378,546 1,785,554