| Registered number: 07054388 | ||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||
| Prepared By: | ||||||||
| McMillan Rose & Co Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| Haltgate House | ||||||||
| 52a Hullbridge Road | ||||||||
| South Woodham Ferrrers | ||||||||
| Essex | ||||||||
| CM3 5NH | ||||||||
| FALCOPEREGRINUS LIMITED | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Essex | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 07054388 | ||||||||
| ACCOUNTANTS | ||||||||
| McMillan Rose & Co Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| Haltgate House | ||||||||
| 52a Hullbridge Road | ||||||||
| South Woodham Ferrrers | ||||||||
| Essex | ||||||||
| CM3 5NH | ||||||||
| FALCOPEREGRINUS LIMITED | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 OCTOBER 2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| FALCOPEREGRINUS LIMITED | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 12,276 | 19,175 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT LIABILITIES | ( | (2,062) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
| CREDITORS: Amounts falling due after more than one year | 7 | 18,279 | 20,707 | |||||||
| NET LIABILITIES | ( | ( | ||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 8 | |||||||||
| Profit and loss account | (22,782) | (15,720) | ||||||||
| SHAREHOLDERS' FUNDS | ( | ( | ||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| FALCOPEREGRINUS LIMITED | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Going Concern | ||||||||
| The company has suffered a trading loss due to the economic environment. | ||||||||
| The accounts have been prepared as a going concern on the basis that the director continues to support the company. | ||||||||
| 1c. Depreciation | ||||||||
| Short Leasehold Properties | straight line 6% | |||||||
| Plant and Machinery | reducing balance 25% | |||||||
| Fixtures and Fittings | reducing balance 25% | |||||||
| Equipment | reducing balance 25% | |||||||
| 1d. Stocks | ||||||||
| Stock is valued at the lower of cost and and net realisable value, after due regard for obsolete and slow moving stocks. | ||||||||
| 1e. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 1f. Government Grants | ||||||||
| Government grants are recognised in profit and loss in the year in which they are received. | ||||||||
| 1g. Leases | ||||||||
| Rentals payable under operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. | ||||||||
| FALCOPEREGRINUS LIMITED | ||||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 9 | |||||
| 3. TANGIBLE FIXED ASSETS | ||||||
| Land And | Plant and | |||||
| Buildings | Machinery Etc. | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 1 November 2023 | 1,469 | 33,162 | 34,631 | |||
| Additions | - | 4,140 | 4,140 | |||
| Disposals | - | (2,223) | (2,223) | |||
| At 31 October 2024 | 1,469 | 35,079 | 36,548 | |||
| Depreciation | ||||||
| At 1 November 2023 | 1,341 | 26,240 | 27,581 | |||
| Disposals | - | (2,153) | (2,153) | |||
| For the year | 88 | 2,748 | 2,836 | |||
| At 31 October 2024 | 1,429 | 26,835 | 28,264 | |||
| Net Book Amounts | ||||||
| At 31 October 2024 | 40 | 8,244 | 8,284 | |||
| At 31 October 2023 | 128 | 6,922 | 7,050 | |||
| 4. STOCK | 2024 | 2023 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| 5. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year: | ||||||||
| Trade debtors | 476 | - | ||||||
| Other Tax | - | 8,935 | ||||||
| Other debtors | 1,387 | 1,387 | ||||||
| 1,863 | 10,322 | |||||||
| FALCOPEREGRINUS LIMITED | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Bank loans and overdrafts | ||||||||
| Taxation and social security | 10,124 | 5,267 | ||||||
| Other creditors | 8,466 | 5,597 | ||||||
| 25,062 | 21,237 | |||||||
| 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Bank loans and overdrafts | 18,279 | 20,707 | ||||||
| 18,279 | 20,707 | |||||||
| 8. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 1 | 1 | |||||||
| 1 | 1 | |||||||
| 9. OTHER FINANCIAL COMMITMENTS | ||||||||
| At 31 October 2024 the company was committed to making the following payments, in future years, under non-cancellable operating leases: | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Operating leases finishing June 2029 | 187,935 | 228,939 | ||||||