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REGISTERED NUMBER: 08068441 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

Hawkstead Limited

Hawkstead Limited (Registered number: 08068441)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2025




Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 6


Hawkstead Limited (Registered number: 08068441)

BALANCE SHEET
31 May 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 4 - -
Investment property 5 490,000 490,000
490,000 490,000

Current assets
Debtors 6 4,262 24,252
Cash at bank 6,933 10,009
11,195 34,261
Creditors
Amounts falling due within one year 7 6,773 6,893
Net current assets 4,422 27,368
Total assets less current liabilities 494,422 517,368

Creditors
Amounts falling due after more than
one year

8

(343,000

)

(352,854

)

Provisions for liabilities (49,865 ) (49,865 )
Net assets 101,557 114,649

Capital and reserves
Called up share capital 10 100 100
Fair value reserve 11 149,594 149,594
Retained earnings (48,137 ) (35,045 )
Shareholders' funds 101,557 114,649

Hawkstead Limited (Registered number: 08068441)

BALANCE SHEET - continued
31 May 2025


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2025 and were signed on its behalf by:





Mr D M Gribble - Director


Hawkstead Limited (Registered number: 08068441)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2025

1. STATUTORY INFORMATION

Hawkstead Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08068441

Registered office: Stowford House
Down Park Drive
Tavistock
Devon
PL19 9AH

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 fixed assets.

These financial statements have been prepared on a going concern basis. The company is dependant on the support of the directors.

Turnover
Turnover represents rents receivable inclusive of any amounts in arrears or advance at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investment property
Investment property is carried at fair value, and shown at it's most recent valuation. Any changes in fair value are recognised in the profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & 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.


Hawkstead Limited (Registered number: 08068441)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 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.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

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

Hawkstead Limited (Registered number: 08068441)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2025

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
Cost
At 1 June 2024
and 31 May 2025 1,793
Depreciation
At 1 June 2024
and 31 May 2025 1,793
Net book value
At 31 May 2025 -
At 31 May 2024 -

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 June 2024
and 31 May 2025 490,000
Net book value
At 31 May 2025 490,000
At 31 May 2024 490,000

The investment property was valued on 31st May 2024 by the directors.

Fair value at 31 May 2025 is represented by:
£   
Valuation in 2019 163,500
Valuation in 2024 26,500
Cost 300,000
490,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 4,262 24,252

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 6,773 6,893

Hawkstead Limited (Registered number: 08068441)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Mortgage - 352,854
Other creditors 343,000 -
343,000 352,854

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Mortgage - 352,854

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary Shares £1 100 100

11. RESERVES
Fair
value
reserve
£   
At 1 June 2024
and 31 May 2025 149,594

12. RELATED PARTY DISCLOSURES

At the balance sheet date the directors, Mr and Mrs Gribble were owed £1,748.

The loan is interest free, unsecured and carries no fixed terms of repayment.

At the balance sheet date the company owed Lionstead Limited £343,000, a company of which Mr Gribble is also a director.

The loan is interest free, unsecured and carries no fixed terms of repayment.

13. ULTIMATE CONTROLLING PARTY

The company was controlled by its directors throughout the period.