Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-312false2023-11-01falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13676196 2023-11-01 2024-10-31 13676196 2022-11-01 2023-10-31 13676196 2024-10-31 13676196 2023-10-31 13676196 c:Director1 2023-11-01 2024-10-31 13676196 d:CurrentFinancialInstruments 2024-10-31 13676196 d:CurrentFinancialInstruments 2023-10-31 13676196 d:Non-currentFinancialInstruments 2024-10-31 13676196 d:Non-currentFinancialInstruments 2023-10-31 13676196 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 13676196 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 13676196 d:ShareCapital 2024-10-31 13676196 d:ShareCapital 2023-10-31 13676196 d:RetainedEarningsAccumulatedLosses 2024-10-31 13676196 d:RetainedEarningsAccumulatedLosses 2023-10-31 13676196 c:FRS102 2023-11-01 2024-10-31 13676196 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 13676196 c:FullAccounts 2023-11-01 2024-10-31 13676196 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13676196 2 2023-11-01 2024-10-31 13676196 6 2023-11-01 2024-10-31 13676196 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Registered number: 13676196






FALCO BATTERY PROJECTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










img57cc.png

 
FALCO BATTERY PROJECTS LIMITED
REGISTERED NUMBER:13676196

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
689,235
1,200

  
689,235
1,200

Current assets
  

Debtors: amounts falling due after more than one year
 5 
85,173
2,424,120

Cash at bank and in hand
 6 
855,148
36,650

  
940,321
2,460,770

Creditors: amounts falling due within one year
 7 
(2,000)
(2,113,424)

Net current assets
  
 
 
938,321
 
 
347,346

Total assets less current liabilities
  
1,627,556
348,546

  

Net assets
  
1,627,556
348,546


Capital and reserves
  

Called up share capital 
  
21,221
21,221

Profit and loss account
  
1,606,335
327,325

  
1,627,556
348,546


Page 1

 
FALCO BATTERY PROJECTS LIMITED
REGISTERED NUMBER:13676196
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 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 comprehensive income 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: 3 March 2025

Page 2

 
FALCO BATTERY PROJECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Falco Battery Projects Limited is a private limited company, registered in England and Wales. Its registered office is Millhouse, 32-38 East Street, Rochford, Essex, SS1 4DB. 
The principal activity of the company during the period cotinued to be that of investment activities. 

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

Turnover comprises interest receivable on amounts loaned to group undertakings.

 
2.3

Interest income

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

 
2.4

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.


 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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.

 
2.7

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.

Page 3

 
FALCO BATTERY PROJECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.8

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.


Employees




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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 November 2023
1,200


Additions
688,275


Disposals
(240)



At 31 October 2024
689,235





5.


Debtors

2024
2023
£
£

Due after more than one year

Amounts owed by group undertakings
-
56,288

Other debtors
85,173
2,367,832

85,173
2,424,120


Page 4

 
FALCO BATTERY PROJECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
855,148
36,650

855,148
36,650



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
10,512

Other creditors
-
2,100,912

Accruals and deferred income
2,000
2,000

2,000
2,113,424


 
Page 5