Company registration number 08703844 (England and Wales)
HAWKINS INSOLVENCY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
PAGES FOR FILING WITH REGISTRAR
HAWKINS INSOLVENCY LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2022
30 September 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
44,495
36,824
Current assets
552,220
343,908
Prepayments and accrued income
9,728
6,967
Creditors: amounts falling due within one year
(178,844)
(100,521)
Net current assets
383,104
250,354
Total assets less current liabilities
427,599
287,178
Creditors: amounts falling due after more than one year
(30,833)
(40,323)
Accruals and deferred income
(3,001)
(3,001)
Net assets
393,765
243,854
Capital and reserves
393,765
243,854
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
The company made the following loans and advances to directors:
Advances to Directors
During the year £245,465 was advanced to a director and £224,856 was subsequently repaid. The balance owed by the director at the beginning of the year was £135,273 and at the end of the year was £155,882. Interest on the loan has been charged at the HMRC rate of 2%.
2
Financial commitments, guarantees and contingencies
Operating Lease Commitments
At the reporting date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £45,000 (2021 - £60,000).
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2022
2021
Number
Number
Employees
5
5
Hawkins Insolvency Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Clock House, High Street, WRINGTON, North Somerset, BS40 5QA.
HAWKINS INSOLVENCY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2022
30 September 2022
- 2 -
For the year ended 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her 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 in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 29 June 2023 and are signed on its behalf by:
Ms S Hawkins
Director
Company registration number 08703844 (England and Wales)