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REGISTERED NUMBER: 08955457 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

HAWKEYE SALES & MARKETING LTD

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAWKEYE SALES & MARKETING LTD

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr R Fear
Mrs A Fear





REGISTERED OFFICE: Langdon House
East Grinstead
West Sussex
RH19 3HW





REGISTERED NUMBER: 08955457 (England and Wales)





ACCOUNTANTS: Bentleys Accounting Limited
Suite 6, 141/143 South Road
Haywards Heath
West Sussex
RH16 4LY

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,967 5,168
Investment property 5 3,730,000 3,730,000
3,738,967 3,735,168

CURRENT ASSETS
Debtors 6 1,424,014 1,780,969
Cash at bank 163,429 38,259
1,587,443 1,819,228
CREDITORS
Amounts falling due within one year 7 174,813 406,571
NET CURRENT ASSETS 1,412,630 1,412,657
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,151,597

5,147,825

CREDITORS
Amounts falling due after more than one
year

8

2,549,191

2,721,319
NET ASSETS 2,602,406 2,426,506

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 947,278 947,278
Retained earnings 1,655,028 1,479,128
SHAREHOLDERS' FUNDS 2,602,406 2,426,506

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Balance Sheet - continued
31 March 2024


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 31 October 2024 and were signed on its behalf by:





Mrs A Fear - Director


HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

HAWKEYE SALES & MARKETING LTD 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 as modified by the revaluation of certain assets.

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

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 - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

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 2 (2023 - 2 ) .

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 9,533 1,691 11,224
Additions 5,480 - 5,480
At 31 March 2024 15,013 1,691 16,704
DEPRECIATION
At 1 April 2023 5,211 845 6,056
Charge for year 1,470 211 1,681
At 31 March 2024 6,681 1,056 7,737
NET BOOK VALUE
At 31 March 2024 8,332 635 8,967
At 31 March 2023 4,322 846 5,168

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 3,730,000
NET BOOK VALUE
At 31 March 2024 3,730,000
At 31 March 2023 3,730,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2021 947,278
Cost 2,782,722
3,730,000

6. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 37,675 92,754
Other debtors 22,743 23,243
60,418 115,997

HAWKEYE SALES & MARKETING LTD (Registered number: 08955457)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. DEBTORS - continued
31.3.24 31.3.23
£    £   
Amounts falling due after more than one year:
Amounts owed by participating interests 1,363,596 1,664,972

Aggregate amounts 1,424,014 1,780,969

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,153 4,309
Tax 72,550 108,272
Social security and other taxes - 10
VAT 17,316 19,287
Other creditors 5,138 2,981
Bank loans 71,953 62,213
Directors' current accounts 1,753 206,549
Accrued expenses 2,950 2,950
174,813 406,571

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2 years onwards 2,356,512 2,382,832
Other loans - 2 years onwards - 145,808
Amounts owed to participating interests 192,679 192,679
2,549,191 2,721,319

9. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 947,278

10. RELATED PARTY DISCLOSURES

Under Debtors amounts falling due after more than one year are £1,162,547 from Hawkeye Construction Ltd and £201,049 from Hawkeye Property Holdings Ltd.

Under Creditors amount falling due after more than one year is £192,679 from Supreme Pharmatech Ltd.

The Directors have an interest in these companies.