Hawkbrook (Group) Limited - Period Ending 2021-06-30

Hawkbrook (Group) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Hawkbrook (Group) Limited

Company Information

Directors

R Ovington S Baldwin

Registered office

The Counting House 13 Nelson Street Hull East Yorkshire HU1 1XE

Hawkbrook (Group) Limited

(Registration number: 08802902)
Balance Sheet as at 30 June 2021

	Note	2021 £	2020 £
Current assets
Debtors	4	2	9,564
Investments	5	2	2
Cash at bank and in hand		3	8
		7	9,574
Creditors: Amounts falling due within one year	6	(60)	(9,562)
Net (liabilities)/assets		(53)	12
Capital and reserves
Called up share capital	7	4	4
Profit and loss account		(57)	8
Shareholders' (deficit)/funds		(53)	12

For the financial year ending 30 June 2021 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 6 January 2022 and signed on its behalf by:
 

......................................... R Ovington Director

......................................... S Baldwin Director

Hawkbrook (Group) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021

1	General information

The company is a private company limited by share capital incorporated in England & Wales and the company registration number is 08802902.

The address of its registered office is:
The Counting House
13 Nelson Street
Hull
East Yorkshire
HU1 1XE

These financial statements were authorised for issue by the Board on 6 January 2022.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Group accounts not prepared

The financial statements contain information about Hawkbrook (Group) Limited as an individual companyand do not contain consolidated financial information as part of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements..

Going concern

Specifically in connection with the current economic climate, the directors have considered the impact of COVID-19 on the business and they are satisfied that the company has sufficient financial headroom to continue trading for at least the next twelve months. For this reason the financial statements have been prepared on a going concern basis.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

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.

Hawkbrook (Group) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021

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 (including directors) during the year, was 0 (2020 - 2).

4

Debtors

	2021 £	2020 £
Other debtors	2	9,564
Total current trade and other debtors	2	9,564

5	Current asset investments

	2021 £	2020 £
Shares in group undertakings	2	2

6

Creditors

Creditors: amounts falling due within one year

	Note	2021 £	2020 £
Due within one year
Amounts owed to group undertakings and undertakings in which the company has a participating interest	8	60	9,562

7	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary of £1 each	4	4	4	4

8	Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Transactions with directors

Hawkbrook (Group) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021

2021	At 1 July 2020 £	Repayments by director £	At 30 June 2021 £
R Ovington
Unsecured, interest free and repayable on demand	4,781	(4,781)	-
S Baldwin
Unsecured, interest free and repayable on demand	4,781	(4,781)	-

2020	At 1 July 2019 £	Advances to directors £	At 30 June 2020 £
R Ovington
Unsecured, interest free and repayable on demand	-	4,781	4,781
S Baldwin
Unsecured, interest free and repayable on demand	-	4,781	4,781