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REGISTERED NUMBER: 02008808 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

K D HAWES LIMITED

K D HAWES LIMITED (REGISTERED NUMBER: 02008808)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K D HAWES LIMITED

COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2024







DIRECTOR: Mr C D Hawes





SECRETARY: Mr C D Hawes





REGISTERED OFFICE: Unit 2A
Enterprise Way
Bramingham Business Park
LUTON
Bedfordshire
LU3 4BU





REGISTERED NUMBER: 02008808 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

K D HAWES LIMITED (REGISTERED NUMBER: 02008808)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 665,798 583,375
Investments 5 - 95,375
665,798 678,750

CURRENT ASSETS
Stocks 500 500
Debtors 6 541,382 596,797
Cash at bank 3,155,342 2,473,406
3,697,224 3,070,703
CREDITORS
Amounts falling due within one year 7 1,063,989 945,733
NET CURRENT ASSETS 2,633,235 2,124,970
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,299,033

2,803,720

CREDITORS
Amounts falling due after more than one
year

8

(68,820

)

-

PROVISIONS FOR LIABILITIES (27,526 ) (42,580 )
NET ASSETS 3,202,687 2,761,140

CAPITAL AND RESERVES
Called up share capital 11 102 102
Retained earnings 3,202,585 2,761,038
SHAREHOLDERS' FUNDS 3,202,687 2,761,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

K D HAWES LIMITED (REGISTERED NUMBER: 02008808)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 June 2025 and were signed by:





Mr C D Hawes - Director


K D HAWES LIMITED (REGISTERED NUMBER: 02008808)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

K D Hawes 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.

Preparation of consolidated financial statements
The financial statements contain information about K D Hawes Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Short leasehold - Straight line over 10 years
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. The gain or loss arising on disposal of an asset is determined at the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

The freehold property is being depreciated to its estimated residual value over it's deemed useful economic life. The director believes the residual value to be at least the current carrying value in these accounts and therefore depreciation would be negligible. The maintenance costs are charged to the profit and loss account in the year/period incurred. The director reviews the estimated residual value at the end of each accounting period.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


K D HAWES LIMITED (REGISTERED NUMBER: 02008808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 24 ) .

4. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery
£    £    £   
COST
At 1 October 2023 411,156 14,842 289,017
Additions - - 47,300
At 30 September 2024 411,156 14,842 336,317
DEPRECIATION
At 1 October 2023 - 14,842 174,611
Charge for year - - 40,427
At 30 September 2024 - 14,842 215,038
NET BOOK VALUE
At 30 September 2024 411,156 - 121,279
At 30 September 2023 411,156 - 114,406

K D HAWES LIMITED (REGISTERED NUMBER: 02008808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 140,500 71,258 18,109 944,882
Additions 33,188 74,554 - 155,042
At 30 September 2024 173,688 145,812 18,109 1,099,924
DEPRECIATION
At 1 October 2023 86,951 67,929 17,174 361,507
Charge for year 12,410 19,471 311 72,619
At 30 September 2024 99,361 87,400 17,485 434,126
NET BOOK VALUE
At 30 September 2024 74,327 58,412 624 665,798
At 30 September 2023 53,549 3,329 935 583,375

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023 95,375
Disposals (95,375 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 95,375

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 433,637 433,987
Other debtors 68,647 117,266
Prepayments and accrued income 39,098 45,544
541,382 596,797

K D HAWES LIMITED (REGISTERED NUMBER: 02008808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 10,183 -
Trade creditors 369,112 421,380
Corporation tax 184,874 66,783
Taxation and social security 98,126 16,195
Other creditors 2,747 122,877
Director's loan account 119,267 38,818
Accrued expenses 279,680 279,680
1,063,989 945,733

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 68,820 -

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 10,183 -
Between one and five years 68,820 -
79,003 -

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase 79,003 -

There are fixed and floating charges covering all the property or undertaking of the company.

The company's hire purchase creditors are secured over the assets to which they relate.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2
100 Ordinary B £1 100 100
102 102

K D HAWES LIMITED (REGISTERED NUMBER: 02008808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2024

11. CALLED UP SHARE CAPITAL - continued

The Ordinary B shares rank pari passu with the ordinary shares in respect of participation in the profits and distributions on winding up of the company, except that the Ordinary B shares are non-voting and do not entitle the holders to receive notice of, or attend or vote at any general meeting.