Company Registration No. 12715657 (England and Wales)
Red Hawk Group Limited
Unaudited accounts
for the year ended 31 March 2024
Red Hawk Group Limited
Unaudited accounts
Contents
Red Hawk Group Limited
Company Information
for the year ended 31 March 2024
Directors
David Phillip Macmillan
Sean Lavender
Daniel Thomas Honour
Christopher James Ingham
Company Number
12715657 (England and Wales)
Registered Office
c/o Pearl Accounting Limited
Suite 1, 116 Ballards Lane
Finchley
London
N3 2DN
United Kingdom
Accountants
Pearl Accounting Limited
Suite 1
116 Ballards Lane
Finchley
London
N3 2DN
Red Hawk Group Limited
Statement of financial position
as at 31 March 2024
Intangible assets
11,064
7,564
Tangible assets
6,738
4,518
Cash at bank and in hand
26,770
13,573
Creditors: amounts falling due within one year
(146,494)
(85,954)
Net current assets/(liabilities)
46,557
(11,434)
Called up share capital
10
10
Profit and loss account
64,349
638
Shareholders' funds
64,359
648
For the year ending 31 March 2024 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 10 September 2024 and were signed on its behalf by
Christopher James Ingham
Director
Company Registration No. 12715657
Red Hawk Group Limited
Notes to the Accounts
for the year ended 31 March 2024
Red Hawk Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12715657. The registered office is c/o Pearl Accounting Limited, Suite 1, 116 Ballards Lane, Finchley, London, N3 2DN, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% written down value
Computer equipment
25% written down value
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Red Hawk Group Limited
Notes to the Accounts
for the year ended 31 March 2024
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,028
7,588
8,616
At 31 March 2024
1,247
10,918
12,165
At 1 April 2023
423
3,675
4,098
Charge for the year
183
1,146
1,329
At 31 March 2024
606
4,821
5,427
At 31 March 2024
641
6,097
6,738
At 31 March 2023
605
3,913
4,518
Red Hawk Group Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
76,662
21,113
Amounts due from group undertakings etc.
10,086
10,086
Accrued income and prepayments
78,607
400
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,567
4,067
Amounts owed to group undertakings and other participating interests
47,500
47,500
Taxes and social security
73,225
20,867
Loans from directors
10,000
10,000
Allotted, called up and fully paid:
8 Ordinary shares of £1 each
8
8
1 B Share Dividend of £1 each
1
1
1 C Share Dividend of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).