IRIS Accounts Production v25.1.0.734 09559484 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095594842023-04-30095594842024-04-30095594842023-05-012024-04-30095594842022-04-30095594842022-05-012023-04-30095594842023-04-3009559484ns15:EnglandWales2023-05-012024-04-3009559484ns14:PoundSterling2023-05-012024-04-3009559484ns10:Director12023-05-012024-04-3009559484ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009559484ns10:SmallEntities2023-05-012024-04-3009559484ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3009559484ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009559484ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009559484ns10:FullAccounts2023-05-012024-04-3009559484ns10:Director22023-05-012024-04-3009559484ns10:Director32023-05-012024-04-3009559484ns10:RegisteredOffice2023-05-012024-04-3009559484ns5:CurrentFinancialInstruments2024-04-3009559484ns5:CurrentFinancialInstruments2023-04-3009559484ns5:Non-currentFinancialInstruments2024-04-3009559484ns5:Non-currentFinancialInstruments2023-04-3009559484ns5:ShareCapital2024-04-3009559484ns5:ShareCapital2023-04-3009559484ns5:RetainedEarningsAccumulatedLosses2024-04-3009559484ns5:RetainedEarningsAccumulatedLosses2023-04-3009559484ns5:CostValuation2023-04-3009559484ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3009559484ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 09559484 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Falcon Three Limited

Falcon Three Limited (Registered number: 09559484)






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 Three Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: M J Fox
R F Meredith
R S Baker





REGISTERED OFFICE: The Maltings
East Tindal Street
Cardiff
CF24 5EA





REGISTERED NUMBER: 09559484 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

Falcon Three Limited (Registered number: 09559484)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Investments 4 49,029 49,029

CURRENT ASSETS
Debtors 5 766,275 998,566
Cash at bank 58,716 103,835
824,991 1,102,401
CREDITORS
Amounts falling due within one year 6 (9,431 ) (697,846 )
NET CURRENT ASSETS 815,560 404,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

864,589

453,584

CREDITORS
Amounts falling due after more than one
year

7

(81,100

)

-
NET ASSETS 783,489 453,584

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 783,486 453,581
SHAREHOLDERS' FUNDS 783,489 453,584

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 Three Limited (Registered number: 09559484)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:





R S Baker - Director


Falcon Three Limited (Registered number: 09559484)

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

1. STATUTORY INFORMATION

Falcon Three 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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 3 (2023 - 3 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 49,029
NET BOOK VALUE
At 30 April 2024 49,029
At 30 April 2023 49,029

Falcon Three Limited (Registered number: 09559484)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 766,275 998,566

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1 1
Amounts owed to group undertakings 9,403 697,818
Other creditors 27 27
9,431 697,846

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 81,100 -

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Dividends paid to the Directors during the period totalled £1,472,000 (2023 £1,064,000)