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Company Registration No. 05758196 (England and Wales)
FALCON LOGISTICS EUROPE LIMITED Unaudited accounts for the year ended 31 October 2023
FALCON LOGISTICS EUROPE LIMITED Unaudited accounts Contents
Page
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FALCON LOGISTICS EUROPE LIMITED Company Information for the year ended 31 October 2023
Directors
J Hibbert S Hibbert
Secretary
S Hibbert
Company Number
05758196 (England and Wales)
Registered Office
8 SHOBNALL ROAD BURTON-ON-TRENT STAFFORDSHIRE DE14 2BA
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FALCON LOGISTICS EUROPE LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
36,693 
36,693 
Tangible assets
76,106 
64,888 
112,799 
101,581 
Current assets
Debtors
91,276 
106,814 
Cash at bank and in hand
158,992 
178,018 
250,268 
284,832 
Creditors: amounts falling due within one year
(82,202)
(83,866)
Net current assets
168,066 
200,966 
Total assets less current liabilities
280,865 
302,547 
Creditors: amounts falling due after more than one year
(46,944)
(56,903)
Provisions for liabilities
Deferred tax
(6,768)
(12,328)
Net assets
227,153 
233,316 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
226,153 
232,316 
Shareholders' funds
227,153 
233,316 
For the year ending 31 October 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 21 July 2024 and were signed on its behalf by
J Hibbert Director Company Registration No. 05758196
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FALCON LOGISTICS EUROPE LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
FALCON LOGISTICS EUROPE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05758196. The registered office is 8 SHOBNALL ROAD, BURTON-ON-TRENT, STAFFORDSHIRE, DE14 2BA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25 % reducing balance
Fixtures & fittings
15 % reducing balance
Computer equipment
33% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
36,693 
At 31 October 2023
36,693 
Amortisation
At 1 November 2022
- 
At 31 October 2023
- 
Net book value
At 31 October 2023
36,693 
At 31 October 2022
36,693 
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FALCON LOGISTICS EUROPE LIMITED Notes to the Accounts for the year ended 31 October 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
126,330 
1,578 
8,327 
136,235 
Additions
40,482 
- 
874 
41,356 
Disposals
(24,172)
- 
- 
(24,172)
At 31 October 2023
142,640 
1,578 
9,201 
153,419 
Depreciation
At 1 November 2022
62,090 
1,462 
7,795 
71,347 
Charge for the year
11,528 
17 
464 
12,009 
On disposals
(6,043)
- 
- 
(6,043)
At 31 October 2023
67,575 
1,479 
8,259 
77,313 
Net book value
At 31 October 2023
75,065 
99 
942 
76,106 
At 31 October 2022
64,240 
116 
532 
64,888 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
89,910 
105,892 
Accrued income and prepayments
1,366 
922 
91,276 
106,814 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,107 
5,708 
VAT
4,516 
10,835 
Obligations under finance leases and hire purchase contracts
4,854 
10,412 
Trade creditors
49,096 
30,320 
Taxes and social security
14,928 
23,790 
Loans from directors
39 
56 
Accruals
2,662 
2,745 
82,202 
83,866 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,999 
39,104 
Obligations under finance leases and hire purchase contracts
12,945 
17,799 
46,944 
56,903 
9
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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