05393926falseSale of Barcode Readers2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05393926

Fala Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024


Fala Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Dragan Cvetkov
REGISTERED OFFICE
14 Eelmoor Road
Farnborough
Hampshire
GU14 7QN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05393926

Fala Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Fala Ltd

BALANCE SHEET AT 31/03/2024
2024
Notes£
FIXED ASSETS
Tangible assets274,495
CURRENT ASSETS
Stock790,435
Debtors4468,483
Cash at bank and in hand54,040
1,312,958
CREDITORS: Amounts falling due within one year5370,229
NET CURRENT ASSETS942,729
TOTAL ASSETS LESS CURRENT LIABILITIES1,017,224
CREDITORS: Amounts falling due after more than one year662,500
NET ASSETS954,724
CAPITAL AND RESERVES
Called up share capital8100
Profit and loss account954,624
SHAREHOLDERS' FUNDS954,724
For the year ending 31/03/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 09/01/2025 and signed on their behalf by
.............................
Dragan Cvetkov
Director

Fala Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Investment Propertiesreducing balance15%
Plant And Machineryreducing balance25%
Fixtures And Fittingsreducing balance25%
Equipmentreducing balance25%
Motor Carsreducing balance25%
1c. Investment Properties
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Fala Ltd

2. TANGIBLE FIXED ASSETS
Improvements to PropertyPlant andFixtures
Machineryand FittingsEquipmentMotor CarsTotal
££££££
Cost
At 01/04/202343,1519,99076,06360,26188,575278,040
Additions3,800---3,5007,300
At 31/03/202446,9519,99076,06360,26192,075285,340
Depreciation
At 01/04/202325,0541,41656,54243,87962,092188,983
For the year3,1422,1435,1314,0967,35021,862
At 31/03/202428,1963,55961,67347,97569,442210,845
Net Book Amounts
At 31/03/202418,7556,43114,39012,28622,63374,495
At 31/03/202318,0978,57419,52116,38226,48389,057
3. STOCK 2024
£
Stock comprises:
Stock790,435
790,435
4. DEBTORS 2024
£
Amounts falling due within one year
Trade debtors456,036
Prepayments12,447
468,483

Fala Ltd

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
£
UK corporation tax2,223
VAT11,397
PAYE control23,862
Directors current account71
CBILS Loan50,000
Trade creditors129,716
Other creditors145,509
Pension Control5,356
Accruals1,121
Deferred income974
370,229
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
£
CBILS Loan >1yr175,000
175,000
7. EMPLOYEES
2024
No.No.
Average number of employees25
8. SHARE CAPITAL 2024
£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100
100