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REGISTERED NUMBER: 01380153 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Falcon R.J. Limited

Falcon R.J. Limited (Registered number: 01380153)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Falcon R.J. Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: J M A Carroll





SECRETARY: Mrs V Carroll





REGISTERED OFFICE: 76 Ouseley Road
Wraysbury
Staines-Upon-Thames
Middlesex
TW19 5JH





REGISTERED NUMBER: 01380153 (England and Wales)






Falcon R.J. Limited (Registered number: 01380153)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 1,037,266 981,804

CURRENT ASSETS
Debtors 5 346 247
Cash at bank 5,099 1,922
5,445 2,169
CREDITORS
Amounts falling due within one year 6 (127,749 ) (108,319 )
NET CURRENT LIABILITIES (122,304 ) (106,150 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

914,962

875,654

PROVISIONS FOR LIABILITIES (156,706 ) (119,096 )
NET ASSETS 758,256 756,558

CAPITAL AND RESERVES
Called up share capital 78,000 78,000
Non-distributable reserves 470,116 626,822
Retained earnings 210,140 51,736
758,256 756,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

The financial statements were approved by the director and authorised for issue on 9 January 2025 and were signed by:




J M A Carroll - Director


Falcon R.J. Limited (Registered number: 01380153)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Falcon R.J. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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 the Income Statement.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

Falcon R.J. Limited (Registered number: 01380153)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 981,804
Additions 55,462
At 30 April 2024 1,037,266
NET BOOK VALUE
At 30 April 2024 1,037,266
At 30 April 2023 981,804

The property is valued annually by the Director and he considers the value showing as at 30 April 2024 to be appropriate.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 346 247

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 10,536 10,491
Directors' current accounts 113,909 92,106
Accruals and deferred income 3,304 5,722
127,749 108,319

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
R J Johnson
Balance outstanding at start of year - (81,527 )
Amounts advanced - 81,527
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

J M A Carroll
Balance outstanding at start of year (92,106 ) -
Amounts advanced 64,300 88,095
Amounts repaid (86,103 ) (180,201 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (113,909 ) (92,106 )

The above loan is unsecured, interest free and repayable on demand.

Falcon R.J. Limited (Registered number: 01380153)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


8. NON-DISTRIBUTABLE RESERVES

The non-distributable reserves at the year end is made up as follows:


£
Investment property revaluations 626,822
Deferred tax provision (157,706 )
Total 470,116