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Company Registration No. 14083676 (England and Wales)
Hawkes Brae Capital Ltd Unaudited accounts for the year ended 31 May 2025
Hawkes Brae Capital Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Hawkes Brae Capital Ltd Company Information for the year ended 31 May 2025
Directors
Neill Doughty Rebecca Easy
Company Number
14083676 (England and Wales)
Registered Office
McCue House 70 Wilton Road Grimsby N E Lincs DN36 4AW
Accountants
LRCA Limited McCue House 70 Wilton Road Grimsby N E Lincs DN36 4AW
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Hawkes Brae Capital Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
185,000
179,500
Current assets
Debtors
5
96
82
Cash at bank and in hand
1,861
1,669
1,957
1,751
Creditors: amounts falling due within one year
6
(60,981)
(62,048)
Net current liabilities
(59,024)
(60,297)
Total assets less current liabilities
125,976
119,203
Creditors: amounts falling due after more than one year
7
(122,435)
(122,384)
Provisions for liabilities
Deferred tax
8
(763)
-
Net assets/(liabilities)
2,778
(3,181)
Capital and reserves
Called up share capital
350
350
Profit and loss account
2,428
(3,531)
Shareholders' funds
2,778
(3,181)
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2026 and were signed on its behalf by
Neill Doughty Director Company Registration No. 14083676
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Hawkes Brae Capital Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Hawkes Brae Capital Ltd is a private company, limited by shares, registered in England and Wales, registration number 14083676. The registered office is McCue House, 70 Wilton Road, Grimsby, N E Lincs, DN36 4AW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025
£
Fair value at 1 June 2024
179,500
Net gain from fair value adjustments
5,500
At 31 May 2025
185,000
Investment property was valued on an open market basis on 31st May 2025 by the directors. Valuation was based on the sale of similar properties, in a similar location and condition.
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Accrued income and prepayments
96
82
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Hawkes Brae Capital Ltd Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
59,329
61,028
Accruals
1,652
1,020
60,981
62,048
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
122,435
122,384
Aggregate of amounts that fall due for payment after five years
122,435
122,384
Loans are secured against the assets to which they relate.
8
Deferred taxation
2025
2024
£
£
Revaluation of investment property
763
-
2025
2024
£
£
Charged to the profit and loss account
763
-
Provision at end of year
763
-
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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