Registration number: 02016936

Hawkfibre Limited

Statement of Financial Position as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	92,420	93,226
Biological assets	5	36,400	36,400
		128,820	129,626
Current assets
Stocks	6	6,790	6,790
Debtors	7	933	598
Cash at bank and in hand		112,584	107,679
		120,307	115,067
Creditors: Amounts falling due within one year	8	(98,482)	(94,476)
Net current assets		21,825	20,591
Net assets		150,645	150,217
Capital and reserves
Called up share capital		100	100
Retained earnings		150,545	150,117
Shareholders' funds		150,645	150,217

For the financial year ending 30 September 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 year 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Hawkfibre Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Hawkfibre Limited

Statement of Financial Position as at 30 September 2025

Approved and authorised by the Board on 2 July 2026 and signed on its behalf by:
 

.........................................

Mr O A Turner

Director

Company registration number: 02016936

Hawkfibre Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 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:
130 Shaftesbury Avenue
London
W1D 5AR

The principal activity of the company is that of livestock farming.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

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.

Going concern

The company had net assets at 30 September 2025 of £150,645 including cash at bank of £112,584. The company has continued to trade profitably subsequent to 30 September 2025.

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the director has adopted the going concern basis for the preparation of these financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale livestock and other related activities 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 from the sale of livestock on the date that the livestock is taken to market for sale, or the date of collection for a private sale.

The company recognises revenue from subsidies on the date on which the company is notified of its entitlement to economic benefit and in respect of other related activities, over the period to which they relate.

Hawkfibre Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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 statement of financial position 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.

Depreciation

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

Asset class	Depreciation method and rate
Motor vehicles	25% straight line
Plant and machinery	25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Biological assets

The only biological asset class is livestock. Livestock are stated at fair value less costs to sell, derived from the current market prices determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature of the specific asset. Changes in fair value are recognised in profit or loss.

Agricultural produce harvested from an entity’s biological assets shall be measured at the point of harvest at its fair value less costs to sell. This measurement becomes cost when that asset is included within stocks.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Hawkfibre Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company during the year, was 1 (2024 - 1).

4	Tangible assets

	Land and buildings £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 October 2024	175,524	31,882	68,121	275,527
Disposals	-	(24,082)	(6,600)	(30,682)
At 30 September 2025	175,524	7,800	61,521	244,845
Depreciation
At 1 October 2024	82,298	31,882	68,121	182,301
Charge for the year	806	-	-	806
Eliminated on disposal	-	(24,082)	(6,600)	(30,682)
At 30 September 2025	83,104	7,800	61,521	152,425
Carrying amount
At 30 September 2025	92,420	-	-	92,420
At 30 September 2024	93,226	-	-	93,226

5	Biological assets

	2025 £
Livestock	36,400

The livestock are reflected at fair value less costs to sell at 30 September 2025 as estimated by the director at an amount of £36,400.

The gain arising from changes in fair value less costs to sell was £Nil (2024: £Nil).

Hawkfibre Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

6

Stocks

	2025 £	2024 £
Inventory	6,790	6,790

7

Debtors

	2025 £	2024 £
Other debtors	933	598
	933	598

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Taxation and social security	76	2,423
Accruals and deferred income	2,800	2,800
Other creditors	95,606	89,253
	98,482	94,476