Company Registration No. 09894578 (England and Wales)
HAWK CONTROL SOLUTIONS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018
PAGES FOR FILING WITH REGISTRAR
HAWK CONTROL SOLUTIONS LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
HAWK CONTROL SOLUTIONS LTD (REGISTERED NUMBER: 09894578)
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2018
31 March 2018
- 1 -
2018
2017
Notes
£
£
£
£
Current assets
Trade and other receivables
3
9,143
5,502
Cash and cash equivalents
2,336
9,913
11,479
15,415
Current liabilities
4
(11,143)
(14,949)
Net current assets
336
466
Equity
Called up share capital
5
100
100
Retained earnings
236
366
Total equity
336
466

The director of the company has elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and signed by the director and authorised for issue on 29 June 2018
Mr M R Hawkes
Director
HAWK CONTROL SOLUTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018
- 2 -
1
Accounting policies
Company information

Hawk Control Solutions Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 19-21 Swan Street, West Malling, Kent, ME19 6JU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

1.2
Revenue

Revenue is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

1.3
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 1 (2017 - 1).

3
Trade and other receivables
2018
2017
Amounts falling due within one year:
£
£
Trade receivables
278
120
Other receivables
8,865
5,382
9,143
5,502
HAWK CONTROL SOLUTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2018
- 3 -
4
Current liabilities
2018
2017
£
£
Trade payables
-
540
Corporation tax
7,391
12,604
Other taxation and social security
2,302
1,805
Other payables
1,450
-
11,143
14,949
5
Called up share capital
2018
2017
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary Shares of £1 each
100
100
100
100
6
Related party transactions

At the year end the company is owed £8,865 from Amore Living Limited, a company in which M Hawkes is a director.

7
Directors' transactions

Included within other creditors is an amount owed to the director of £Nil (2017: £5,381 within other debtors).

 

During the year dividends of £31,431 (2017:£50,000) were paid to the director.

8
Ultimate controlling party

The ultimate controlling party is Mr M Hawkes by virtue of his shareholding.

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