Company Registration No. 12921270 (England and Wales)
Flyhawk Ltd
Unaudited accounts
for the year ended 31 March 2025
Flyhawk Ltd
Unaudited accounts
Contents
Flyhawk Ltd
Company Information
for the year ended 31 March 2025
Directors
Stephanie Laura Essex
Sophie Louise Christy
Jacqueline Clare Essex
Company Number
12921270 (England and Wales)
Registered Office
Unit 74 Basepoint Aviation Business Park
Enterprise Close
Bournemouth
Dorset
BH23 6NX
United Kingdom
Flyhawk Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
7,905
9,864
Cash at bank and in hand
280,034
241,643
Creditors: amounts falling due within one year
(166,454)
(152,022)
Net current assets
211,637
149,872
Net assets
219,542
159,736
Called up share capital
100
100
Profit and loss account
219,442
159,636
Shareholders' funds
219,542
159,736
For the year ending 31 March 2025 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 29 April 2025 and were signed on its behalf by
Stephanie Laura Essex
Director
Company Registration No. 12921270
Flyhawk Ltd
Notes to the Accounts
for the year ended 31 March 2025
Flyhawk Ltd is a private company, limited by shares, registered in England and Wales, registration number 12921270. The registered office is Unit 74 Basepoint Aviation Business Park, Enterprise Close, Bournemouth, Dorset, BH23 6NX , United Kingdom .
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.
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when:
The amount of revenue can be measured reliably;
it is probable that future economic benefits will flow to the entity
and specific criteria have been met for each of the company's activities.
Stocks are stated 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 cost of finished goods and work in progress comprises direct materials and where applicable direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
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:
Plant & machinery
3 years straight line
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
Flyhawk Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
5,413
3,828
6,002
15,243
Additions
1,088
-
2,415
3,503
At 31 March 2025
6,501
3,828
8,417
18,746
At 1 April 2024
1,765
1,383
2,231
5,379
Charge for the year
1,935
1,276
2,251
5,462
At 31 March 2025
3,700
2,659
4,482
10,841
At 31 March 2025
2,801
1,169
3,935
7,905
At 31 March 2024
3,648
2,445
3,771
9,864
Amounts falling due within one year
Trade debtors
22,010
17,457
Accrued income and prepayments
27,201
4,456
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,433
11,134
Taxes and social security
56,351
40,747
Deferred income
87,852
83,189
7
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
6,000
-
Later than one year and not later than five years
11,000
-
8
Average number of employees
During the year the average number of employees was 2 (2024: 1).