Company Registration No. 05758196 (England and Wales)
FALCON LOGISTICS EUROPE LIMITED
Unaudited accounts
for the year ended 31 October 2024
FALCON LOGISTICS EUROPE LIMITED
Unaudited accounts
Contents
FALCON LOGISTICS EUROPE LIMITED
Company Information
for the year ended 31 October 2024
Directors
J Hibbert
S Hibbert
Company Number
05758196 (England and Wales)
Registered Office
8 SHOBNALL ROAD
BURTON-ON-TRENT
STAFFORDSHIRE
DE14 2BA
FALCON LOGISTICS EUROPE LIMITED
Statement of financial position
as at 31 October 2024
Intangible assets
36,693
36,693
Tangible assets
62,522
76,106
Cash at bank and in hand
73,871
158,992
Creditors: amounts falling due within one year
(28,760)
(82,202)
Net current assets
143,038
168,066
Total assets less current liabilities
242,253
280,865
Creditors: amounts falling due after more than one year
(59,634)
(46,944)
Provisions for liabilities
Deferred tax
(11,879)
(6,768)
Net assets
170,740
227,153
Called up share capital
1,000
1,000
Profit and loss account
169,740
226,153
Shareholders' funds
170,740
227,153
For the year ending 31 October 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 21 July 2025 and were signed on its behalf by
J Hibbert
Director
Company Registration No. 05758196
FALCON LOGISTICS EUROPE LIMITED
Notes to the Accounts
for the year ended 31 October 2024
FALCON LOGISTICS EUROPE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05758196. The registered office is 8 SHOBNALL ROAD, BURTON-ON-TRENT, STAFFORDSHIRE, DE14 2BA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25 % reducing balance
Fixtures & fittings
15 % reducing balance
Computer equipment
33% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
FALCON LOGISTICS EUROPE LIMITED
Notes to the Accounts
for the year ended 31 October 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
142,640
1,578
9,201
153,419
Additions
20,998
-
-
20,998
Disposals
(24,271)
-
-
(24,271)
At 31 October 2024
139,367
1,578
9,201
150,146
At 1 November 2023
67,575
1,479
8,259
77,313
Charge for the year
20,603
15
311
20,929
On disposals
(10,618)
-
-
(10,618)
At 31 October 2024
77,560
1,494
8,570
87,624
At 31 October 2024
61,807
84
631
62,522
At 31 October 2023
75,065
99
942
76,106
Amounts falling due within one year
Trade debtors
97,142
89,910
Accrued income and prepayments
785
1,366
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,496
6,107
Obligations under finance leases and hire purchase contracts
8,675
4,854
Trade creditors
5,298
49,096
Taxes and social security
3,929
14,928
Loans from directors
34
39
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
31,155
12,945
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).