Company Registration No. 11392422 (England and Wales)
Hawk Heating (Kenton) Limited
Unaudited accounts
for the year ended 30 June 2024
Hawk Heating (Kenton) Limited
Unaudited accounts
Contents
Hawk Heating (Kenton) Limited
Company Information
for the year ended 30 June 2024
Directors
KARA, Rajendra Arjan
KARA, Pushpa Rajendra
Company Number
11392422 (England and Wales)
Registered Office
7 Kenton Park Parade
Kenton Road
Harrow
HA3 8DQ
Hawk Heating (Kenton) Limited
Statement of financial position
as at 30 June 2024
Tangible assets
169,284
95,422
Inventories
275,000
295,750
Cash at bank and in hand
132,742
136,140
Creditors: amounts falling due within one year
(472,330)
(368,478)
Net current assets
221,049
270,999
Total assets less current liabilities
390,333
366,411
Creditors: amounts falling due after more than one year
(43,007)
(50,133)
Net assets
347,326
316,278
Called up share capital
100
100
Profit and loss account
347,226
316,178
Shareholders' funds
347,326
316,278
For the year ending 30 June 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 12 August 2024 and were signed on its behalf by
KARA, Rajendra Arjan
Director
Company Registration No. 11392422
Hawk Heating (Kenton) Limited
Notes to the Accounts
for the year ended 30 June 2024
Hawk Heating (Kenton) Limited is a private company, limited by shares, registered in England and Wales, registration number 11392422. The registered office is 7 Kenton Park Parade, Kenton Road, Harrow, HA3 8DQ.
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.
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
15% SLM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Hawk Heating (Kenton) Limited
Notes to the Accounts
for the year ended 30 June 2024
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
Goodwill
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
-
138,640
65,000
203,640
Additions
85,251
30,876
-
116,127
Disposals
-
(6,854)
-
(6,854)
At 30 June 2024
85,251
162,662
65,000
312,913
At 1 July 2023
-
58,655
49,563
108,218
Charge for the year
-
25,661
9,750
35,411
At 30 June 2024
-
84,316
59,313
143,629
At 30 June 2024
85,251
78,346
5,687
169,284
At 30 June 2023
-
79,985
15,437
95,422
Amounts falling due within one year
Trade debtors
275,529
200,083
Amounts falling due after more than one year
Amounts due from group undertakings etc.
9,834
7,230
Hawk Heating (Kenton) Limited
Notes to the Accounts
for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
341,530
229,763
Amounts owed to group undertakings and other participating interests
31,429
31,429
Taxes and social security
6,956
30,926
Other creditors
10,290
12,885
Loans from directors
60,914
41,414
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
43,007
50,133
9
Average number of employees
During the year the average number of employees was 12 (2023: 12).