Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue2023-08-01an asset management company22true 09851696 2023-08-01 2024-07-31 09851696 2022-08-01 2023-07-31 09851696 2024-07-31 09851696 2023-07-31 09851696 c:Director1 2023-08-01 2024-07-31 09851696 d:CurrentFinancialInstruments 2024-07-31 09851696 d:CurrentFinancialInstruments 2023-07-31 09851696 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 09851696 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09851696 d:ShareCapital 2024-07-31 09851696 d:ShareCapital 2023-07-31 09851696 d:RetainedEarningsAccumulatedLosses 2024-07-31 09851696 d:RetainedEarningsAccumulatedLosses 2023-07-31 09851696 c:FRS102 2023-08-01 2024-07-31 09851696 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09851696 c:FullAccounts 2023-08-01 2024-07-31 09851696 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09851696 2 2023-08-01 2024-07-31 09851696 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Registered number: 09851696






FALCO CAPITAL PARTNERS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










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FALCO CAPITAL PARTNERS LIMITED
REGISTERED NUMBER:09851696

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
647,507
4,939

Cash at bank and in hand
 6 
183,706
714,576

  
831,213
719,515

Creditors: amounts falling due within one year
 7 
(252,400)
(4,649)

Net current assets
  
 
 
578,813
 
 
714,866

Total assets less current liabilities
  
578,813
714,866

  

Net assets
  
578,813
714,866


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
578,713
714,766

  
578,813
714,866


Page 1

 
FALCO CAPITAL PARTNERS LIMITED
REGISTERED NUMBER:09851696
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R S Anderson
Director

Date: 28 January 2025

Page 2

 
FALCO CAPITAL PARTNERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Falco Capital Partners Limited is a private company limited by share capital, incorporated in England and Wales, registration number 09851696. The registered office is Millhouse, 32-38 East Street, Rochford, Essex SS4 1DB.
The principal activity of the company continued to be that of an asset management company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
FALCO CAPITAL PARTNERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The directors determine that there are no key judgements or key sources of estimation uncertainty in preparing the financial statements.


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 -2).

Page 4

 
FALCO CAPITAL PARTNERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
310,592
-

Other debtors
336,915
4,939

647,507
4,939



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
183,706
714,576

183,706
714,576



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
250,000
2,249

Accruals and deferred income
2,400
2,400

252,400
4,649


 
Page 5