Company Registration No. 06281148 (England and Wales)
Falcor Investment Properties Limited
Unaudited accounts
for the year ended 30 November 2024
Falcor Investment Properties Limited
Unaudited accounts
Contents
Falcor Investment Properties Limited
Company Information
for the year ended 30 November 2024
Company Number
06281148 (England and Wales)
Registered Office
61 High Street
Chobham
GU24 8AF
ENGLAND
Accountants
Falcor BC Limited
61 High Street
Chobham
GU24 8AF
Falcor Investment Properties Limited
Statement of financial position
as at 30 November 2024
Investment property
310,000
310,000
Cash at bank and in hand
770
245
Creditors: amounts falling due within one year
(455)
(455)
Net current assets/(liabilities)
315
(210)
Total assets less current liabilities
310,315
309,790
Creditors: amounts falling due after more than one year
(238,552)
(236,552)
Provisions for liabilities
Deferred tax
(13,400)
(13,400)
Called up share capital
100
100
Profit and loss account
58,263
59,738
Shareholders' funds
58,363
59,838
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 11 August 2025 and were signed on its behalf by
Andrew Gifford
Director
Company Registration No. 06281148
Falcor Investment Properties Limited
Notes to the Accounts
for the year ended 30 November 2024
Falcor Investment Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 06281148. The registered office is 61 High Street, Chobham, GU24 8AF, 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.
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.
Fair value at 1 December 2023
310,000
At 30 November 2024
310,000
The investment property is apartment 3 The Belvederes, Reigate. The property was subject to revaluation in 2018. There has been no material change in value since then.
Original cost £239,500
Valuation gain £70,500 (2018)
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(12)
(12)
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
184,816
184,816
Other creditors
53,736
51,736
The bank loan is an interest only loan, secured over the investment property
Other creditors comprise a loan from the Director of £38,205 plus advances from the holding company of £15,531
Falcor Investment Properties Limited
Notes to the Accounts
for the year ended 30 November 2024
7
Deferred taxation
2024
2023
Revaluation of investment property
13,400
13,400
Provision at start of year
13,400
13,400
Provision at end of year
13,400
13,400
Deferred tax relates to the gain on revaluation of the investment property undertaken in 2018.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).