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Company Registration No. 04056806 (England and Wales)
FALLOW MANAGEMENT LIMITED Unaudited accounts for the year ended 31 August 2024
FALLOW MANAGEMENT LIMITED Unaudited accounts Contents
Page
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FALLOW MANAGEMENT LIMITED Company Information for the year ended 31 August 2024
Directors
Ms. Tracey Scott-Fox Mrs Sharon Mottram
Company Number
04056806 (England and Wales)
Registered Office
443A MAIDSTONE ROAD GILLINGHAM ME8 0HY ENGLAND
Accountants
MCC Partners 1a Saddington Street Gravesend Kent DA12 1ED
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FALLOW MANAGEMENT LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,061 
18,225 
Current assets
Inventories
6,740 
5,850 
Debtors
839,850 
889,161 
Investments
42,000 
42,000 
Cash at bank and in hand
326,851 
255,899 
1,215,441 
1,192,910 
Creditors: amounts falling due within one year
(633,777)
(597,083)
Net current assets
581,664 
595,827 
Total assets less current liabilities
607,725 
614,052 
Creditors: amounts falling due after more than one year
(39,137)
(33,072)
Provisions for liabilities
Deferred tax
(4,951)
(4,346)
Net assets
563,637 
576,634 
Capital and reserves
Called up share capital
115 
115 
Profit and loss account
563,522 
576,519 
Shareholders' funds
563,637 
576,634 
For the year ending 31 August 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by
Mrs Sharon Mottram Director Company Registration No. 04056806
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FALLOW MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
FALLOW MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04056806. The registered office is 443A MAIDSTONE ROAD, GILLINGHAM, ME8 0HY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
-10% per Annum on cost
Plant & machinery
-25% per annum on cost
Motor vehicles
-25% reducing balance
Fixtures & fittings
-25% per annum on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
43,114 
At 31 August 2024
43,114 
Amortisation
At 1 September 2023
43,114 
At 31 August 2024
43,114 
Net book value
At 31 August 2024
- 
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FALLOW MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
338,342 
39,222 
62,522 
440,086 
Additions
17,400 
- 
635 
18,035 
At 31 August 2024
355,742 
39,222 
63,157 
458,121 
Depreciation
At 1 September 2023
338,341 
22,949 
60,571 
421,861 
Charge for the year
4,350 
4,068 
1,781 
10,199 
At 31 August 2024
342,691 
27,017 
62,352 
432,060 
Net book value
At 31 August 2024
13,051 
12,205 
805 
26,061 
At 31 August 2023
1 
16,273 
1,951 
18,225 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
980,987 
783,364 
Accrued income and prepayments
186,457 
103,894 
Other debtors
(327,594)
1,903 
839,850 
889,161 
7
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
42,000 
42,000 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,500 
8,500 
VAT
250,055 
243,604 
Trade creditors
78,511 
92,377 
Taxes and social security
127,082 
118,487 
Other creditors
19,619 
86,341 
Loans from directors
7,077 
6,907 
Accruals
40,867 
40,867 
Deferred income
102,066 
- 
633,777 
597,083 
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FALLOW MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 August 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
24,672 
33,072 
Obligations under finance leases and hire purchase contracts
14,465 
- 
39,137 
33,072 
10
Average number of employees
During the year the average number of employees was 220 (2023: 220).
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