REGISTERED NUMBER: 07654714 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FALCON ENAMELWARE DISTRIBUTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Hames

K W Young

REGISTERED OFFICE:

17 Rosebery Avenue

London

EC1R 4SP

REGISTERED NUMBER:

07654714 (England and Wales)

ACCOUNTANTS:

Holder Blackthorn LLP

Blackthorn House

St Pauls Square

Birmingham

B3 1RL

FIXED ASSETS

Tangible assets

4

2,146

36

CURRENT ASSETS

Stocks

135,474

90,428

Debtors

5

232,914

163,565

Cash at bank and in hand

1,417,673

1,204,579

1,786,061

1,458,572

CREDITORS

Amounts falling due within one year

6

412,824

397,825

NET CURRENT ASSETS

1,373,237

1,060,747

TOTAL ASSETS LESS CURRENT LIABILITIES

1,375,383

1,060,783

CAPITAL AND RESERVES

Called up share capital

7

300

300

Retained earnings

1,375,083

1,060,483

SHAREHOLDERS' FUNDS

1,375,383

1,060,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by:

K W Young - Director

1.	STATUTORY INFORMATION

Falcon Enamelware Distribution Ltd 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 represents net invoiced sales of goods, excluding value added tax during the year to UK, Europe and rest of the world. The company does not disclose its turnover by geographical locations as it considers that it would be detrimental to its business.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment - 25% on cost

Fixtures and fittings - 25% on cost

Improvement to leasehold property - 2 years over the lease of the property

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4.	PLANT AND MACHINERY

Plant and

machinery

etc

£

COST

At 1 January 2024

36,929

Additions

2,538

At 31 December 2024

39,467

DEPRECIATION

At 1 January 2024

36,893

Charge for year

428

At 31 December 2024

37,321

NET BOOK VALUE

At 31 December 2024

2,146

At 31 December 2023

36

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

154,316

83,289

Other debtors

78,598

80,276

232,914

163,565

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Sales payment on account

31,079

23,422

Trade creditors

205,836

331,121

Taxation and social security

120,012

22,000

Other creditors

55,897

21,282

412,824

397,825

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

300

Ordinary Shares

£1

300

300

8.	OTHER FINANCIAL COMMITMENTS

The company had outstanding rental lease commitments of £19,371 (2023 - £29175) not included in the Balance Sheet. A new office lease renewed to 17th May 2027.

9.	RELATED PARTY DISCLOSURES

During the period Kiwi and Pom Ltd charged for design and other services in the amount of £10,000 (2023 - £47,913). The balance outstanding at the.end of year was nil (2023 - £8,640).