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REGISTERED NUMBER: 03928025 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

HAWK CORPORATION LIMITED

HAWK CORPORATION LIMITED (REGISTERED NUMBER: 03928025)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28th February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAWK CORPORATION LIMITED

COMPANY INFORMATION
for the Year Ended 28th February 2025







DIRECTORS: P P L Harcourt-Jones
Mrs V J Harcourt-Jones





SECRETARY:





REGISTERED OFFICE: 297 Richmond Road
Kingston Upon Thames
SURREY
KT2 5QU





REGISTERED NUMBER: 03928025 (England and Wales)





ACCOUNTANTS: K S Goring & Co Chartered Accountants
222 Upper Richmond Road West
London
SW14 8AH

HAWK CORPORATION LIMITED (REGISTERED NUMBER: 03928025)

BALANCE SHEET
28th February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3 3
Investment property 5 1,605,000 1,605,000
1,605,003 1,605,003

CURRENT ASSETS
Debtors 6 3,786 2,892
Cash at bank 263,984 407,779
267,770 410,671
CREDITORS
Amounts falling due within one year 7 1,411,720 1,467,432
NET CURRENT LIABILITIES (1,143,950 ) (1,056,761 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

461,053

548,242

CAPITAL AND RESERVES
Called up share capital 2 2
Profit and loss -
non distributable reserves (116,754 ) (116,754 )
Retained earnings 577,805 664,994
SHAREHOLDERS' FUNDS 461,053 548,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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 CORPORATION LIMITED (REGISTERED NUMBER: 03928025)

BALANCE SHEET - continued
28th February 2025


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 24th March 2025 and were signed on its behalf by:





P P L Harcourt-Jones - Director


HAWK CORPORATION LIMITED (REGISTERED NUMBER: 03928025)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28th February 2025

1. STATUTORY INFORMATION

HAWK CORPORATION 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.

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 represents rents receivable excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - Straight line over 5 years

Investment properties
Investment properties are included in the balance sheet at the open market value and are not subject to depreciation charges. Changes in the market value of investment properties are taken to the profit and loss account.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

HAWK CORPORATION LIMITED (REGISTERED NUMBER: 03928025)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28th February 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2024
and 28th February 2025 5,816
DEPRECIATION
At 1st March 2024
and 28th February 2025 5,813
NET BOOK VALUE
At 28th February 2025 3
At 29th February 2024 3

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st March 2024
and 28th February 2025 1,605,000
NET BOOK VALUE
At 28th February 2025 1,605,000
At 29th February 2024 1,605,000

Fair value at 28th February 2025 is represented by:
£   
Valuation in 2019 292,245
Valuation in 2020 (369,000 )
Valuation in 2021 (40,000 )
Cost 1,721,755
1,605,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 1,721,755 1,721,755

Investment properties were valued on an open market basis on 28th February 2025 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,873 1,798
Other debtors 1,913 1,094
3,786 2,892

HAWK CORPORATION LIMITED (REGISTERED NUMBER: 03928025)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28th February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security - 31,139
Other creditors 1,411,720 1,436,293
1,411,720 1,467,432

8. RELATED PARTY DISCLOSURES

As at 28 February 2025, the company owed £42 (2024 £24,548) to Mr P P L Harcourt-Jones, a director and shareholder of the company. This loan is interest free and repayable on demand

The company owes £1,402,180 (2024 £1,402,180) to Hamilcourt Industrial Holdings Limited.
Mr P P L Harcourt-Jones is a director and has an interest in the share capital of Hamilcourt Industrial Holding Limited.This loan is interest free and repayable on demand.



9. ULTIMATE CONTROLLING PARTY

The controlling party is P P L Harcourt-Jones.