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REGISTERED NUMBER: 10072579 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HAWLEY BROTHERS LIMITED

HAWLEY BROTHERS LIMITED (REGISTERED NUMBER: 10072579)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAWLEY BROTHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: S M Hawley





REGISTERED OFFICE: 50 Walshaw Road
Worrall
Sheffield
South Yorkshire
S35 0AS





REGISTERED NUMBER: 10072579 (England and Wales)





ACCOUNTANTS: Marriott Gibbs Rees Wallis Limited
Chartered Certified Accountants
First Floor
Unit 4, Broadfield Court
Sheffield
South Yorkshire
S8 0XF

HAWLEY BROTHERS LIMITED (REGISTERED NUMBER: 10072579)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 330,000 310,000
330,000 310,000

CURRENT ASSETS
Debtors 6 3,355 3,212
Cash at bank 100,466 77,541
103,821 80,753
CREDITORS
Amounts falling due within one year 7 102,954 87,207
NET CURRENT ASSETS/(LIABILITIES) 867 (6,454 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

330,867

303,546

PROVISIONS FOR LIABILITIES 47,125 42,125
NET ASSETS 283,742 261,421

CAPITAL AND RESERVES
Called up share capital 20 20
Capital redemption reserve 8 10 10
Retained earnings 8 283,712 261,391
283,742 261,421

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HAWLEY BROTHERS LIMITED (REGISTERED NUMBER: 10072579)

BALANCE SHEET - continued
31 MARCH 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 June 2025 and were signed by:





S M Hawley - Director


HAWLEY BROTHERS LIMITED (REGISTERED NUMBER: 10072579)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Hawley Brothers 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Judgements
The directors have made key assumptions in the determination of the fair value of investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset. The valuation of the property at the reporting date is stated in the notes to the accounts.

Turnover
Turnover consists of rental income receivable on property investments in the United Kingdom, exclusive of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Investment property
Investment property is shown at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


HAWLEY BROTHERS LIMITED (REGISTERED NUMBER: 10072579)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued
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 NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
Cost
At 1 April 2024
and 31 March 2025 456
Depreciation
At 1 April 2024
and 31 March 2025 456
Net book value
At 31 March 2025 -

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 April 2024 310,000
Revaluations 20,000
At 31 March 2025 330,000
Net book value
At 31 March 2025 330,000
At 31 March 2024 310,000

HAWLEY BROTHERS LIMITED (REGISTERED NUMBER: 10072579)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. INVESTMENT PROPERTY - continued

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2017 68,155
Valuation in 2018 40,000
Valuation in 2021 40,000
Valuation in 2024 28,320
Valuation in 2025 20,000
Cost 133,525
330,000

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 133,525 133,525

The investment property was valued at the balance sheet date by the director of the company who is not a professionally qualified valuer. The fair value has been determined by reference to market factors including evidence of transaction prices for similar property in the location where the property is situated.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 3,355 3,212

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Corporation tax 4,087 399
Other creditors 8,769 8,749
Directors' loan accounts 90,098 78,059
102,954 87,207

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2024 261,391 10 261,401
Profit for the year 32,321 32,321
Dividends (10,000 ) (10,000 )
At 31 March 2025 283,712 10 283,722