Registered number
04411691
Hawkstrong Properties Ltd
Unaudited Filleted Accounts
30 April 2024
Hawkstrong Properties Ltd
Registered number: 04411691
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Current assets
Stocks 103,586 102,198
Cash at bank and in hand 558 392
104,144 102,590
Creditors: amounts falling due within one year 3 (104,320) (102,766)
Net current liabilities (176) (176)
Net liabilities (176) (176)
Capital and reserves
Called up share capital 2 2
Profit and loss account (178) (178)
Shareholders' funds (176) (176)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J F Lowe
Director
Approved by the board on 20 November 2024
Hawkstrong Properties Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 104,320 102,766
4 Related party transactions
The company owed the directors and shareholders a total of £100,110 (2023 - £99,110) at the year-end. These loans are interest-free and repayable on demand and included in other creditors in these accounts.
The company owed Drum Developments (North West) Ltd, a company under common control, £3,510 (2023 - £2,756) at the year-end. This loan is interest free and repayable on demand. It is included in other creditors in these accounts.
5 Controlling party
The company is controlled by Mr J F Lowe, as director and shareholder.
6 Other information
Hawkstrong Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Shaw Lane Cottage
Shaw Lane
Milnrow
Rochdale
OL16 3TP
Hawkstrong Properties Ltd 04411691 false 2023-05-01 2024-04-30 2024-04-30 VT Final Accounts July 2024 Mr J F Lowe No description of principal activity 04411691 2022-05-01 2023-04-30 04411691 core:WithinOneYear 2023-04-30 04411691 core:ShareCapital 2023-04-30 04411691 core:RetainedEarningsAccumulatedLosses 2023-04-30 04411691 2023-05-01 2024-04-30 04411691 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04411691 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 04411691 bus:Director40 2023-05-01 2024-04-30 04411691 2 2023-05-01 2024-04-30 04411691 countries:England 2023-05-01 2024-04-30 04411691 bus:FRS102 2023-05-01 2024-04-30 04411691 bus:FilletedAccounts 2023-05-01 2024-04-30 04411691 2024-04-30 04411691 core:WithinOneYear 2024-04-30 04411691 core:ShareCapital 2024-04-30 04411691 core:RetainedEarningsAccumulatedLosses 2024-04-30 04411691 2023-04-30 iso4217:GBP xbrli:pure