Hawkes Projects Ltd - Accounts to registrar (filleted)

HAWKES PROJECTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C P Genery

SECRETARY:

REGISTERED OFFICE:

Unit 33-35

Leafield Way

Leafield Industrial Estate

Corsham

Wiltshire

SN13 9RS

REGISTERED NUMBER:

07253191 (England and Wales)

ACCOUNTANTS:

Bowen Accountants Ltd

Chartered Accountants

Unit 1 Gate Farm

High Street

Sutton Benger

Chippenham

Wiltshire

SN15 4RE

FIXED ASSETS

Tangible assets

4

65,486

61,981

CURRENT ASSETS

Debtors

5

274,221

320,872

Prepayments and accrued income

1,867

1,003

Cash at bank

21,317

13,541

297,405

335,416

CREDITORS

Amounts falling due within one year

6

324,341

297,191

NET CURRENT (LIABILITIES)/ASSETS

(26,936

)

38,225

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,550

100,206

CREDITORS

Amounts falling due after more than one
year

7

(36,403

)

(50,682

)

ACCRUALS AND DEFERRED INCOME

(2,028

)

(2,690

)

NET ASSETS

119

46,834

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

117

46,832

SHAREHOLDERS' FUNDS

119

46,834

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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 December 2025 and were signed by:

C P Genery - Director

1.	STATUTORY INFORMATION

Hawkes Projects Ltd 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.

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.

The accounts have been prepared on a going concern basis. Profits have been made in the year and the director believes that the company will continue to trade profitably and that there is no significant uncertainty on the going concern status.

Turnover

Turnover represents the value of services provided under contracts to the extent that there is a right to consideration.

Where a contract has only been partially completed at the balance sheet date, turnover represents the value of services provided to date based on a proportion of the total expected consideration at completion.

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

-

15% on reducing balance

Office equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

Computer

machinery

equipment

vehicles

equipment

Totals

£

COST

At 1 April 2024

3,707

30

81,057

9,178

93,972

Additions

374

-

26,300

712

27,386

Disposals

-

(16,167

)

-

(16,167

)

At 31 March 2025

4,081

30

91,190

9,890

105,191

DEPRECIATION

At 1 April 2024

2,333

27

25,398

4,233

31,991

Charge for year

251

1

18,975

1,313

20,540

Eliminated on disposal

-

(12,826

)

-

(12,826

)

At 31 March 2025

2,584

28

31,547

5,546

39,705

NET BOOK VALUE

At 31 March 2025

1,497

2

59,643

4,344

65,486

At 31 March 2024

1,374

3

55,659

4,945

61,981

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

73,445

176,485

Amounts recoverable on contract

64,647

57,232

Other debtors

2,819

2,103

Justin Scutt Loan

35,027

Directors' current accounts

75,819

27,561

Tax

22,464

274,221

320,872

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

14,951

14,800

Trade creditors

23,414

11,198

Tax

30,957

31,786

Social security and other taxes

30,278

81,417

VAT

222,993

153,154

Other creditors

1,748

4,836

324,341

297,191

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

11,526

14,800

Bank loans - 2-5 years

24,877

35,882

36,403

50,682

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

C P Genery

Balance outstanding at start of year

27,562

-

Amounts advanced

48,569

51,599

Amounts repaid

(312

)

(24,037

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

75,819

27,562

J L Scutt

Balance outstanding at start of year

-

40,498

Amounts repaid

-

(40,498

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Interest is charged at the official rate on loans in excess of £10,000