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Company Registration No. 11742781 (England and Wales)
LONDON TAEKWONDO FALCONS LTD Unaudited accounts for the year ended 31 December 2024
LONDON TAEKWONDO FALCONS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LONDON TAEKWONDO FALCONS LTD Company Information for the year ended 31 December 2024
Director
Said Abdullah Khelwatty
Company Number
11742781 (England and Wales)
Registered Office
48 BILTON ROAD PERIVALE MIDDLESEX UB6 7DH ENGLAND
Accountants
SAMI & CO ACCOUNTANTS 48 BILTON ROAD PERIVALE MIDDLESEX UB6 7DH
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LONDON TAEKWONDO FALCONS LTD Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
2,069
2,434
Current assets
Cash at bank and in hand
46,780
69,321
Creditors: amounts falling due within one year
5
(3,072)
(7,222)
Net current assets
43,708
62,099
Total assets less current liabilities
45,777
64,533
Creditors: amounts falling due after more than one year
6
(28,740)
(35,367)
Net assets
17,037
29,166
Capital and reserves
Profit and loss account
17,037
29,166
Shareholders' funds
17,037
29,166
For the year ending 31 December 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 3 September 2025 and were signed on its behalf by
Said Abdullah Khelwatty Director Company Registration No. 11742781
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LONDON TAEKWONDO FALCONS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
LONDON TAEKWONDO FALCONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11742781. The registered office is 48 BILTON ROAD, PERIVALE, MIDDLESEX, UB6 7DH, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
15% reducing balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 January 2024
3,283
At 31 December 2024
3,283
Depreciation
At 1 January 2024
849
Charge for the year
365
At 31 December 2024
1,214
Net book value
At 31 December 2024
2,069
At 31 December 2023
2,434
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LONDON TAEKWONDO FALCONS LTD Notes to the Accounts for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
3,072
7,222
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
28,740
35,367
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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