Registration number: 06646846

Hawk Precision Engineering Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

Hawk Precision Engineering Limited

(Registration number: 06646846)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	-	31,624
Current assets
Debtors	6	-	26,974
Cash at bank and in hand		-	2,500
		-	29,474
Creditors: Amounts falling due within one year	7	(3,937)	(42,575)
Net current liabilities		(3,937)	(13,101)
Total assets less current liabilities		(3,937)	18,523
Creditors: Amounts falling due after more than one year	7	-	(3,945)
Net (liabilities)/assets		(3,937)	14,578
Capital and reserves
Called up share capital		6	6
Retained earnings		(3,943)	14,572
Shareholders' (deficit)/funds		(3,937)	14,578

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 September 2025 and signed on its behalf by:
 

......................................... S J Fletcher Director

Hawk Precision Engineering Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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 reliably measured;
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.

Tax

The tax expense for the period comprises current tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Hawk Precision Engineering Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and computer equipment	straight line over 5 years/ straight line over 3 years
Motor vehicles	20% reducing balance
Plant and machinery	20% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	straight line over 10 years

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

Hawk Precision Engineering Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 March 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 October 2024	15,000	15,000
Disposals	(15,000)	(15,000)
At 31 March 2025	-	-
Amortisation
At 1 October 2024	15,000	15,000
Amortisation eliminated on disposals	(15,000)	(15,000)
At 31 March 2025	-	-
Carrying amount
At 31 March 2025	-	-
At 30 September 2024	-	-

5	Tangible assets

	Fixtures, fittings and computer equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 October 2024	3,542	30,535	102,722	136,799
Disposals	(3,542)	(30,535)	(102,722)	(136,799)
At 31 March 2025	-	-	-	-
Depreciation
At 1 October 2024	2,277	18,289	84,609	105,175
Eliminated on disposal	(2,277)	(18,289)	(84,609)	(105,175)
At 31 March 2025	-	-	-	-
Carrying amount
At 31 March 2025	-	-	-	-
At 30 September 2024	1,265	12,246	18,113	31,624

Hawk Precision Engineering Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 March 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	-	22,635
Other debtors	-	4,339
	-	26,974

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	-	17,462
Trade creditors		-	19,306
Other creditors		3,937	5,807
		3,937	42,575

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	3,945

Hawk Precision Engineering Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 March 2025

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdraft	-	6,968
Hire purchase	-	10,494
	-	17,462