S M HAWKINS LTD

Company Registration Number:
09800683 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

S M HAWKINS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Additional notes
Balance sheet notes

S M HAWKINS LTD

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 66,774 87,148
Total fixed assets: 66,774 87,148
Current assets
Stocks: 4 12,459 19,206
Debtors: 5 45,439 31,075
Total current assets: 57,898 50,281
Creditors: amounts falling due within one year: 6 ( 89,303 ) ( 80,537 )
Net current assets (liabilities): (31,405) (30,256)
Total assets less current liabilities: 35,369 56,892
Creditors: amounts falling due after more than one year: 7 ( 33,563 ) ( 56,029 )
Provision for liabilities: ( 1,232 ) 0
Total net assets (liabilities): 574 863
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 474 763
Total Shareholders' funds: 574 863

The notes form part of these financial statements

S M HAWKINS LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 12 May 2025
and signed on behalf of the board by:

Name: Mr S Hawkins
Status: Director

The notes form part of these financial statements

S M HAWKINS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant & Machinery -15% reducing balance Motor Vehicles -25% reducing balance Office Equipment -33% reducing balance

    Valuation information and policy

    Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

    Other accounting policies

    a) The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. b) Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

S M HAWKINS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 19 18

S M HAWKINS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 73,502 13,177 86,152 172,831
Additions 6,680 1,207 0 7,887
Disposals ( 18,175 ) ( 18,175 )
Revaluations
Transfers
At 30 September 2024 62,007 14,384 86,152 162,543
Depreciation
At 1 October 2023 41,069 10,011 34,603 85,683
Charge for year 4,444 1,443 12,887 18,774
On disposals ( 8,688 ) ( 8,688 )
Other adjustments
At 30 September 2024 36,825 11,454 47,490 95,769
Net book value
At 30 September 2024 25,182 2,930 38,662 66,774
At 30 September 2023 32,433 3,166 51,549 87,148

S M HAWKINS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Stocks

2024 2023
£ £
Stocks 12,459 19,206
Total 12,459 19,206

S M HAWKINS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

2024 2023
£ £
Trade debtors 29,028 22,001
Other debtors 16,411 9,074
Total 45,439 31,075

S M HAWKINS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 30,603 37,406
Amounts due under finance leases and hire purchase contracts 18,791 18,786
Trade creditors 4,813 6,239
Taxation and social security 22,291 15,578
Other creditors 12,805 2,528
Total 89,303 80,537

S M HAWKINS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 6,560 14,610
Amounts due under finance leases and hire purchase contracts 22,628 41,419
Other creditors 4,375 0
Total 33,563 56,029

S M HAWKINS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

8. Loans to directors

The director's loan account remained in credit throughout the year: it is interest free and repayable on demand.