Falcone Technologies Group Limited

Falcone Technologies Group Limited
Registered number:		07176656
Statement of Financial Position
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Financial assets			1,000			1,254

Current assets
Debtors	3	110			-
Cash at bank and in hand		100			100
		210			100

Creditors: amounts falling due within one year	4	(27,700)			(26,598)

Net current liabilities			(27,490)			(26,498)

Net liabilities			(26,490)			(25,244)

Capital and reserves
Called up share capital			2			2
Profit and loss account			(26,492)			(25,246)

Shareholder's funds			(26,490)			(25,244)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P Gaiba
Director
Approved by the board on 22 September 2025

Falcone Technologies Group Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Going concern
	The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing to trade as it is being funded by a loan from a group company. The group company is planning to continue this financial support for the company for the foreseeable future.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Unlisted investments (other than investments in subsidiaries, associates and joint ventures) are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.



2	Employees and directors	2025		2024
Number			Number

	Average number of directors and persons employed by the company	1		1


3	Debtors	2025		2024
£			£

	Prepayments	110		-


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Accruals	768		732
	Amounts owed to group undertakings and undertakings in which the company has a participating interest	26,798		25,732
	Other creditors	134		134
		27,700		26,598


5	Other information

	Falcone Technologies Group Limited is a private company limited by shares and incorporated in England. Its registered office is:
	269 Farnborough Road
	Farnborough
	Hampshire
	GU14 7LY