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REGISTERED NUMBER: 06479609 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

HAWK CONSULTING LIMITED

HAWK CONSULTING LIMITED (REGISTERED NUMBER: 06479609)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAWK CONSULTING LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: B M Comin
S Menconi
Ms E Pettenuzzo





SECRETARY: B M Comin





REGISTERED OFFICE: 38 Craven Street
London
WC2N 5NG





REGISTERED NUMBER: 06479609 (England and Wales)





ACCOUNTANTS: B&P Tax Legal Finance LLP
38 Craven Street
London
WC2N 5NG

HAWK CONSULTING LIMITED (REGISTERED NUMBER: 06479609)

Balance Sheet
31 DECEMBER 2023

2023 2022
Notes €    €   
FIXED ASSETS
Property, plant and equipment 4 1,150 530

CURRENT ASSETS
Debtors 5 1,702,472 1,166,373
Cash at bank and in hand 113,127 167,513
1,815,599 1,333,886
CREDITORS
Amounts falling due within one year 6 (371,504 ) (209,625 )
NET CURRENT ASSETS 1,444,095 1,124,261
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,445,245

1,124,791

CAPITAL AND RESERVES
Called up share capital 190,000 190,000
Retained earnings 1,255,245 934,791
1,445,245 1,124,791

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

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

HAWK CONSULTING LIMITED (REGISTERED NUMBER: 06479609)

Balance Sheet - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





S Menconi - Director


HAWK CONSULTING LIMITED (REGISTERED NUMBER: 06479609)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Hawk Consulting 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.

The presentation currency of the financial statements is the Euro (€).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.

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 - 25% straight line
Office Equipments - 25% straight line

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


HAWK CONSULTING LIMITED (REGISTERED NUMBER: 06479609)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued
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.

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.

Financial instruments

Financial assets

The company's financial assets comprise basic financial instruments, being trade and other receivables, amounts owed by group undertakings, cash and bank balances.

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of no more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months or less from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade, other receivable and amounts owed by group undertakings are measured at transaction price less any impairment. Any impairment loss is recognised in the Profit and Loss.

Financial assets are derecognised when contractual rights to the cash flows from the financial asset expires or are settled, or when substantially all the risks and rewards of ownership have been transferred.

Financial liabilities

The company's financial liabilities comprise of basic financial liabilities, including trade and other payables.
These are initially recognised at transaction price.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled, or expires.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

HAWK CONSULTING LIMITED (REGISTERED NUMBER: 06479609)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
€   
COST
At 1 January 2023 1,250
Additions 1,080
At 31 December 2023 2,330
DEPRECIATION
At 1 January 2023 720
Charge for year 460
At 31 December 2023 1,180
NET BOOK VALUE
At 31 December 2023 1,150
At 31 December 2022 530

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Trade debtors 77,776 134,620
Amounts owed by group undertakings 906,212 287,705
Other debtors 718,484 744,048
1,702,472 1,166,373

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Trade creditors 100,001 18,001
Taxation and social security 234,968 148,938
Other creditors 36,535 42,686
371,504 209,625

HAWK CONSULTING LIMITED (REGISTERED NUMBER: 06479609)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. RELATED PARTY DISCLOSURES

At the end of the reporting period the company was owed €10,029 (2022: €10,029) from the parent company. The loan bears no interest and is repayable on demand.

At the end of the reporting period the company was owed €281,500 (2022: €281,500) from other group undertakings. The loans bear no interest and are repayable on demand.

At the end of the reporting period the company was owed €163,378 from companies under the control of the company's director. The loans bear no interest and are repayable on demand.

At the end of the reporting period the company was owed €166,930 (2022: €215,232) from undertakings in which the Company holds a participating interest.The loans bear no interest and are repayable on demand.

At the balance sheet date the company owed the director € 8,999 (2022: € 15,588), which is payable on demand and bears no interests.

8. ULTIMATE CONTROLLING PARTY

The controlling party is T&W Trustees S.a.r.l. (Luxembourg) as trustee of The Brandaris Trust.

The parent company is Royalvale PTE. LTD at 101 Cecil Street, #14-12 Tong Eng Building, Singapore 069533.