FALCONEX LTD

Company Registration Number:
03517038 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

FALCONEX LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

FALCONEX LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 48,588 41,396
Total fixed assets: 48,588 41,396
Current assets
Stocks: 384,580 377,382
Debtors:   464,636 412,891
Cash at bank and in hand: 179,997 189,814
Total current assets: 1,029,213 980,087
Creditors: amounts falling due within one year:   (548,609) (649,263)
Net current assets (liabilities): 480,604 330,824
Total assets less current liabilities: 529,192 372,220
Creditors: amounts falling due after more than one year:   (26,127) (22,029)
Provision for liabilities:   (352)
Total net assets (liabilities): 503,065 349,839
Capital and reserves
Called up share capital: 12 12
Profit and loss account: 503,053 349,827
Shareholders funds: 503,065 349,839

The notes form part of these financial statements

FALCONEX LTD

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 July 2024
and signed on behalf of the board by:

Name: Mr P Roux
Status: Director

The notes form part of these financial statements

FALCONEX LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FALCONEX LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 15 15

FALCONEX LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 180,060
Additions 15,766
At 28 February 2024 195,826
Depreciation
At 01 March 2023 138,664
Charge for year 8,574
At 28 February 2024 147,238
Net book value
At 28 February 2024 48,588
At 28 February 2023 41,396