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REGISTERED NUMBER: 08885405 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Mc Falcon Investments Uk Limited

Mc Falcon Investments Uk Limited (Registered number: 08885405)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mc Falcon Investments Uk Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr Iyngaran Muniandy





REGISTERED OFFICE: Central Office Cobweb Buildings
The Lane
Lyford
Oxfordshire
OX12 0EE





REGISTERED NUMBER: 08885405 (England and Wales)






Mc Falcon Investments Uk Limited (Registered number: 08885405)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,763 1,111
Investments 5 47,928 48,032
Investment property 6 4,067,000 4,350,975
4,118,691 4,400,118

CURRENT ASSETS
Debtors 7 609,395 574,389
Cash at bank 1,329 5,596
610,724 579,985
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

8

(1,340,336

)

(453,155

)
NET CURRENT (LIABILITIES)/ASSETS (729,612 ) 126,830
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,389,079

4,526,948

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE YEAR

9

(2,566,031

)

(3,404,061

)

PROVISIONS FOR LIABILITIES (102,829 ) (133,445 )
NET ASSETS 720,219 989,442

Mc Falcon Investments Uk Limited (Registered number: 08885405)

Balance Sheet - continued
29 February 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 352,100 352,100
Revaluation reserve 10 308,488 568,898
Retained earnings 59,631 68,444
720,219 989,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

Approved and authorised by the director and authorised for issue on 29 April 2024 and were signed by:





Mr Iyngaran Muniandy - Director


Mc Falcon Investments Uk Limited (Registered number: 08885405)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Mc Falcon Investments Uk 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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised separately in the reserves.Any gain or loss is unavailable for distribution or utilisation

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Mc Falcon Investments Uk Limited (Registered number: 08885405)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2023 29,157
Additions 5,115
Disposals (446 )
At 29 February 2024 33,826
DEPRECIATION
At 1 March 2023 28,046
Charge for year 2,463
Eliminated on disposal (446 )
At 29 February 2024 30,063
NET BOOK VALUE
At 29 February 2024 3,763
At 28 February 2023 1,111

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST OR VALUATION
At 1 March 2023 48,032
Revaluations (104 )
At 29 February 2024 47,928
NET BOOK VALUE
At 29 February 2024 47,928
At 28 February 2023 48,032

Mc Falcon Investments Uk Limited (Registered number: 08885405)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 29 February 2024 is represented by:

Other
investment
£   
Valuation in 2023 48,032
Valuation in 2024 (104 )
47,928

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 4,350,975
Revaluations (283,975 )
At 29 February 2024 4,067,000
NET BOOK VALUE
At 29 February 2024 4,067,000
At 28 February 2023 4,350,975

The property was revalued during the current year and a revaluation decrease amount of £283,975 is showing in the financial statements. This loss is not for distribution and a provision for deferred tax has been made.

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2020 3,885,311
Valuation in 2021 465,664
Valuation in 2024 (283,975 )
4,067,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors (983 ) 10,771
Other debtors 610,378 563,618
609,395 574,389

Mc Falcon Investments Uk Limited (Registered number: 08885405)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 51,964 129,153
Trade creditors (1,521 ) -
Taxation and social security - 2,518
Other creditors 1,289,893 321,484
1,340,336 453,155

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 915,887 2,348,917
Other creditors 1,650,144 1,055,144
2,566,031 3,404,061

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 265,011 1,382,526
Bank loan 2 more 5 yr by insal 323,918 328,917
Bank loan 3 more 5 yr by insal 119,104 120,861
708,033 1,832,304

10. RESERVES
Revaluatio
reserve
£   
At 1 March 2023 568,898
Revaluation on Investments (260,410 )

At 29 February 2024 308,488

A revaluation loss of £260,410 in the current year is unavailable for distribution.