Company Registration No. 12222021 (England and Wales)
Hawkridge Properties Limited
Unaudited accounts
for the year ended 30 September 2021
Hawkridge Properties Limited
Unaudited accounts
Contents
Hawkridge Properties Limited
Company Information
for the year ended 30 September 2021
Directors
Mr N Mayhew
Mrs M Schmiederova
Company Number
12222021 (England and Wales)
Registered Office
Hawkridge Farm House
The Common, Sissinghurst
Cranbrook
Kent
TN17 2AD
England
Hawkridge Properties Limited
Statement of financial position
as at 30 September 2021
Investment property
250,000
250,000
Cash at bank and in hand
6,697
-
Creditors: amounts falling due within one year
(9,908)
(8,529)
Net current liabilities
(3,211)
(8,529)
Total assets less current liabilities
246,789
241,471
Provisions for liabilities
Deferred tax
(47,500)
(47,500)
Net assets
199,289
193,971
Called up share capital
100
100
Profit and loss account
199,189
193,871
Shareholders' funds
199,289
193,971
For the year ending 30 September 2021 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 26 June 2022 and were signed on its behalf by
Mr N Mayhew
Director
Company Registration No. 12222021
Hawkridge Properties Limited
Notes to the Accounts
for the year ended 30 September 2021
Hawkridge Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12222021. The registered office is Hawkridge Farm House, The Common, Sissinghurst, Cranbrook, Kent, TN17 2AD, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
A prior year restatement has been shown in the balance sheet and profit an loss account to recognise deferred tax liability of £47,500 on fair value gains recognised in the prior year.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Hawkridge Properties Limited
Notes to the Accounts
for the year ended 30 September 2021
5
Average number of employees
During the year the average number of employees was 0 (2020: 0).
