1 01/02/2023 31/01/2024 2024-01-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-02-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 12392041 2023-02-01 2024-01-31 12392041 2024-01-31 12392041 2023-01-31 12392041 2022-02-01 2023-01-31 12392041 2023-01-31 12392041 2022-01-31 12392041 core:OnerousContractsExcludingVacantProperties 2023-02-01 2024-01-31 12392041 bus:RegisteredOffice 2023-02-01 2024-01-31 12392041 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 12392041 bus:Director1 2023-02-01 2024-01-31 12392041 core:FurnitureFittingsToolsEquipment 2023-01-31 12392041 core:FurnitureFittingsToolsEquipment 2024-01-31 12392041 core:WithinOneYear 2024-01-31 12392041 core:WithinOneYear 2023-01-31 12392041 core:ShareCapital 2024-01-31 12392041 core:ShareCapital 2023-01-31 12392041 core:RetainedEarningsAccumulatedLosses 2024-01-31 12392041 core:RetainedEarningsAccumulatedLosses 2023-01-31 12392041 core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 12392041 core:FurnitureFittingsToolsEquipment 2023-01-31 12392041 bus:Director1 2024-01-31 12392041 bus:Director1 2023-01-31 12392041 bus:SmallEntities 2023-02-01 2024-01-31 12392041 bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12392041 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12392041 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12392041 bus:FullAccounts 2023-02-01 2024-01-31 12392041 core:Buildings 2023-02-01 2024-01-31 12392041 core:Buildings 2024-01-31
Company registration number: 12392041
Neil Hawkes Limited
Unaudited filleted financial statements
31 January 2024
Neil Hawkes Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Neil Hawkes Limited
Directors and other information
Director Mr Neil Hawkes
Company number 12392041
Registered office 63 The Furrows
Walton-On-Thames
Surrey
KT12 3JG
Business address 63 The Furrows
Walton-On-Thames
Surrey
KT12 3JG
Accountants Hicks And Company
Chartered Accountants
83 High Street
Hemel Hempstead
Herts
HP1 3AH
Neil Hawkes Limited
Statement of financial position
31 January 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 13,840 3,622
_______ _______
13,840 3,622
Current assets
Cash at bank and in hand 3,162 22,961
_______ _______
3,162 22,961
Creditors: amounts falling due
within one year 6 ( 7,236) ( 7,858)
_______ _______
Net current (liabilities)/assets ( 4,074) 15,103
_______ _______
Total assets less current liabilities 9,766 18,725
_______ _______
Net assets 9,766 18,725
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 9,765 18,724
_______ _______
Shareholder funds 9,766 18,725
_______ _______
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 09 August 2024 , and are signed on behalf of the board by:
Mr Neil Hawkes
Director
Company registration number: 12392041
Neil Hawkes Limited
Notes to the financial statements
Year ended 31 January 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 63 The Furrows, Walton-On-Thames, Surrey, KT12 3JG.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts is recorded at the fair value at the date of revaluation less any subseqeunt accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Portable office - 10 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Fixtures, fittings and equipment Portable office Total
£ £ £
Cost
At 1 February 2023 4,528 - 4,528
Additions 1,999 9,728 11,727
_______ _______ _______
At 31 January 2024 6,527 9,728 16,255
_______ _______ _______
Depreciation
At 1 February 2023 906 - 906
Charge for the year 1,104 405 1,509
_______ _______ _______
At 31 January 2024 2,010 405 2,415
_______ _______ _______
Carrying amount
At 31 January 2024 4,517 9,323 13,840
_______ _______ _______
At 31 January 2023 3,622 - 3,622
_______ _______ _______
6. Creditors: amounts falling due within one year
2024 2023
£ £
Corporation tax 3,819 4,481
Social security and other taxes 37 37
Other creditors 3,380 3,340
_______ _______
7,236 7,858
_______ _______
7. Directors advances, credits and guarantees
Balance brought forward and o/standing Balance brought forward and o/standing
2024 2023
£ £
Mr Neil Hawkes 2,500 2,500
_______ _______