Company Registration No. 08572260 (England and Wales)
FALAFALE LTD
Unaudited accounts
for the year ended 31 March 2023
FALAFALE LTD
Unaudited accounts
Contents
FALAFALE LTD
Company Information
for the year ended 31 March 2023
Directors
James Alexander Bates
Lucy Noone
Thomas White
Thomas Michael Henry Stanley
Company Number
08572260 (England and Wales)
Registered Office
Suite26B
Britannia Pavillion, Albert Dock
Liverpool
L3 4AD
Accountants
Williams Stanley and Co
FALAFALE LTD
Statement of financial position
as at 31 March 2023
Intangible assets
8,315
10,881
Tangible assets
888,923
279,851
Cash at bank and in hand
156,862
600,962
Creditors: amounts falling due within one year
(1,306,790)
(518,674)
Net current (liabilities)/assets
(331,602)
372,667
Total assets less current liabilities
565,637
663,400
Creditors: amounts falling due after more than one year
(449,580)
(193,624)
Provisions for liabilities
Deferred tax
(43,206)
(43,206)
Called up share capital
59
100
Share premium
(256,216)
69,759
Profit and loss account
329,008
356,711
Shareholders' funds
72,851
426,570
For the year ending 31 March 2023 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.
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 19 September 2023 and were signed on its behalf by
James Alexander Bates
Director
Company Registration No. 08572260
FALAFALE LTD
Notes to the Accounts
for the year ended 31 March 2023
FALAFALE LTD is a private company, limited by shares, registered in England and Wales, registration number 08572260. The registered office is Suite26B , Britannia Pavillion, Albert Dock, Liverpool, L3 4AD.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% of the cost per annum
Plant & machinery
20% of the cost per annum
Fixtures & fittings
25% RBM
Computer equipment
25% RBM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
FALAFALE LTD
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
370,222
49,069
152,455
2,030
573,776
Additions
422,423
103,459
221,790
9,107
756,779
At 31 March 2023
792,645
152,528
374,245
11,137
1,330,555
At 1 April 2022
188,252
11,274
93,503
896
293,925
Charge for the year
91,998
20,145
33,936
1,628
147,707
At 31 March 2023
280,250
31,419
127,439
2,524
441,632
At 31 March 2023
512,395
121,109
246,806
8,613
888,923
At 31 March 2022
181,970
37,795
58,952
1,134
279,851
6
Investments
Subsidiary undertakings
Valuation at 1 April 2022
1
Valuation at 31 March 2023
1
Amounts falling due within one year
Accrued income and prepayments
-
10,077
Other debtors
34,370
265,602
Amounts falling due after more than one year
8
Creditors: amounts falling due within one year
2023
2022
Trade creditors
179,544
117,638
Taxes and social security
66,927
73,444
Other creditors
876,789
148,812
Deferred income
32,583
46,823
FALAFALE LTD
Notes to the Accounts
for the year ended 31 March 2023
9
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
151,845
118,687
Amounts owed to group undertakings and other participating interests
69,451
42,909
Loans from directors
78,284
32,028
10
Average number of employees
During the year the average number of employees was 41 (2022: 41).