Registered number
07147273
FALLON CONSTRUCTION SERVICES LIMITED
Filleted Accounts
29 April 2020
FALLON CONSTRUCTION SERVICES LIMITED
Registered number: 07147273
Balance Sheet
as at 29 April 2020
Notes 2020 2019
£ £
Current assets
Debtors 3 21,535 137,076
Cash at bank and in hand 28,453 2,853
49,988 139,929
Creditors: amounts falling due within one year 4 (48,391) (132,122)
Net current assets 1,597 7,807
Net assets 1,597 7,807
Capital and reserves
Called up share capital 200 200
Profit and loss account 1,397 7,607
Shareholders' funds 1,597 7,807
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M O Fallon
Director
Approved by the board on 13 September 2022
FALLON CONSTRUCTION SERVICES LIMITED
Notes to the Accounts
for the period from 1 May 2019 to 29 April 2020
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2020 2019
Number Number
Average number of persons employed by the company 1 -
3 Debtors 2020 2019
£ £
Trade debtors 8,234 98,090
Other debtors 13,301 38,986
21,535 137,076
4 Creditors: amounts falling due within one year 2020 2019
£ £
Trade creditors 20,492 113,217
Taxation and social security costs 725 1,905
Director loan account 14,630 -
Other creditors 12,544 17,000
48,391 132,122
5 Other information
FALLON CONSTRUCTION SERVICES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
651a Mauldeth Road West
Chorlton
Manchester
M21 7SA
FALLON CONSTRUCTION SERVICES LIMITED 07147273 false 2019-05-01 2020-04-29 2020-04-29 VT Final Accounts April 2021 M O Fallon No description of principal activity 07147273 2018-05-01 2019-04-30 07147273 core:WithinOneYear 2019-04-30 07147273 core:ShareCapital 2019-04-30 07147273 core:RetainedEarningsAccumulatedLosses 2019-04-30 07147273 2019-05-01 2020-04-29 07147273 bus:PrivateLimitedCompanyLtd 2019-05-01 2020-04-29 07147273 bus:AuditExempt-NoAccountantsReport 2019-05-01 2020-04-29 07147273 bus:Director40 2019-05-01 2020-04-29 07147273 countries:England 2019-05-01 2020-04-29 07147273 bus:FRS102 2019-05-01 2020-04-29 07147273 bus:FullAccounts 2019-05-01 2020-04-29 07147273 2020-04-29 07147273 core:WithinOneYear 2020-04-29 07147273 core:ShareCapital 2020-04-29 07147273 core:RetainedEarningsAccumulatedLosses 2020-04-29 07147273 2019-04-30 iso4217:GBP xbrli:pure