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REGISTERED NUMBER: 06557701 (England and Wales)




























Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Falcon Ridge Limited

Falcon Ridge Limited (Registered number: 06557701)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Falcon Ridge Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr David Mark Falconer
Miss Janis Grace Breckenridge





SECRETARY: Miss Janis Grace Breckenridge





REGISTERED OFFICE: Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY





REGISTERED NUMBER: 06557701 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Falcon Ridge Limited (Registered number: 06557701)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,420 2,182
Investments 5 4,774 4,774
6,194 6,956

CURRENT ASSETS
Debtors 6 577 1,973
Cash at bank and in hand 35,393 36,388
35,970 38,361
CREDITORS
Amounts falling due within one year 7 3,502 3,635
NET CURRENT ASSETS 32,468 34,726
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,662

41,682

PROVISIONS FOR LIABILITIES 8 355 546
NET ASSETS 38,307 41,136

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 38,207 41,036
SHAREHOLDERS' FUNDS 38,307 41,136

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 directors acknowledge their 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.

Falcon Ridge Limited (Registered number: 06557701)

Balance Sheet - continued
30 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:





Mr David Mark Falconer - Director


Falcon Ridge Limited (Registered number: 06557701)

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

1. STATUTORY INFORMATION

Falcon Ridge 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.

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.
Office furniture - 33% on cost
Computer equipment - 25% on cost

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2023 - 2 ) .

Falcon Ridge Limited (Registered number: 06557701)

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

4. TANGIBLE FIXED ASSETS
Office Computer
furniture equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 548 12,736 13,284
DEPRECIATION
At 1 May 2023 548 10,554 11,102
Charge for year - 762 762
At 30 April 2024 548 11,316 11,864
NET BOOK VALUE
At 30 April 2024 - 1,420 1,420
At 30 April 2023 - 2,182 2,182

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 4,774
NET BOOK VALUE
At 30 April 2024 4,774
At 30 April 2023 4,774

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 1,666
Tax 307 307
VAT 270 -
577 1,973

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 55 -
VAT - 206
Credit Card - 7
Directors' current accounts 2,922 2,922
Accrued expenses 525 500
3,502 3,635

Falcon Ridge Limited (Registered number: 06557701)

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

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 355 546

Deferred
tax
£   
Balance at 1 May 2023 546
Provided during year (191 )
Balance at 30 April 2024 355

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary "A" £1 50 50
50 Ordinary "B" £1 50 50
100 100

10. RELATED PARTY DISCLOSURES

Included in creditors: amounts falling due within one year is an amount £594 (2023 - £594) which is owed to Mr D M Falconer, and an amount £2,328 (2023 - £2,328) which is owed to Miss J G Breckenridge.