IRIS Accounts Production v23.4.0.336 11340367 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113403672022-05-31113403672023-05-31113403672022-06-012023-05-31113403672021-05-31113403672021-06-012022-05-31113403672022-05-3111340367ns15:EnglandWales2022-06-012023-05-3111340367ns14:PoundSterling2022-06-012023-05-3111340367ns10:Director12022-06-012023-05-3111340367ns10:PrivateLimitedCompanyLtd2022-06-012023-05-3111340367ns10:SmallEntities2022-06-012023-05-3111340367ns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3111340367ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3111340367ns10:SmallCompaniesRegimeForAccounts2022-06-012023-05-3111340367ns10:FullAccounts2022-06-012023-05-3111340367ns10:OrdinaryShareClass12022-06-012023-05-3111340367ns10:OrdinaryShareClass22022-06-012023-05-3111340367ns10:Director22022-06-012023-05-3111340367ns10:RegisteredOffice2022-06-012023-05-3111340367ns5:CurrentFinancialInstruments2023-05-3111340367ns5:CurrentFinancialInstruments2022-05-3111340367ns5:Non-currentFinancialInstruments2023-05-3111340367ns5:Non-currentFinancialInstruments2022-05-3111340367ns5:ShareCapital2023-05-3111340367ns5:ShareCapital2022-05-3111340367ns5:RetainedEarningsAccumulatedLosses2023-05-3111340367ns5:RetainedEarningsAccumulatedLosses2022-05-3111340367ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-05-3111340367ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-05-3111340367ns10:OrdinaryShareClass12023-05-3111340367ns10:OrdinaryShareClass22023-05-31
REGISTERED NUMBER: 11340367 (England and Wales)















FALCON COURT HOLDINGS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023






FALCON COURT HOLDINGS LIMITED (REGISTERED NUMBER: 11340367)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FALCON COURT HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTORS: M Davies
G Davies





REGISTERED OFFICE: Falcon Court
Wonastow
Monmouth
NP25 4DN





REGISTERED NUMBER: 11340367 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

FALCON COURT HOLDINGS LIMITED (REGISTERED NUMBER: 11340367)

BALANCE SHEET
31ST MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,324,170 1,324,170

CURRENT ASSETS
Cash at bank 2,436 -

CREDITORS
Amounts falling due within one year 5 717,150 1,301,059
NET CURRENT LIABILITIES (714,714 ) (1,301,059 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

609,456

23,111

CREDITORS
Amounts falling due after more than one
year

6

582,045

-
NET ASSETS 27,411 23,111

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 27,311 23,011
SHAREHOLDERS' FUNDS 27,411 23,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FALCON COURT HOLDINGS LIMITED (REGISTERED NUMBER: 11340367)

BALANCE SHEET - continued
31ST MAY 2023


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th March 2024 and were signed on its behalf by:





M Davies - Director


FALCON COURT HOLDINGS LIMITED (REGISTERED NUMBER: 11340367)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023

1. STATUTORY INFORMATION

Falcon Court Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

FALCON COURT HOLDINGS LIMITED (REGISTERED NUMBER: 11340367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st June 2022
and 31st May 2023 1,324,170
NET BOOK VALUE
At 31st May 2023 1,324,170
At 31st May 2022 1,324,170

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 1,009 1,760
Directors' current accounts 712,877 1,297,904
Accrued expenses 3,264 1,395
717,150 1,301,059

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans more 5 yr by instal 582,045 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 582,045 -

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
90 Ordinary A £1 90 90
10 Ordinary B £1 10 10
100 100

FALCON COURT HOLDINGS LIMITED (REGISTERED NUMBER: 11340367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023

8. RELATED PARTY DISCLOSURES

The company had an outstanding directors loan creditor at the year end due to M Davies of £712,877 (2022 - £1,297,904).