FALCON INN BLA LIMITED

FALCON INN BLA LIMITED
Contents Page
For the year ended 31 December 2024

Company information	1
Directors' report	2
Income statement	3
Statement of financial position	4
Statement of changes in equity	5
Notes to the financial statements	6

FALCON INN BLA LIMITED
Company Information
For the year ended 31 December 2024

Directors	G Singh Zorawar Singh Gujral
Registered Number	11508653
Registered Office	Aegis House, 491 London Road Isleworth, Middlesex London TW7 4DA

1

FALCON INN BLA LIMITED
Directors' Report
For the year ended 31 December 2024

Director's report and financial statements

The directors present his annual report and the financial statements for the year ended 31 December 2024.

Principal activities

The company's principal activity during the year was that of operating a pub/restaurant and a

lodging house.

Directors

The directors who served the company throughout the year were as follows:

H S Kohli

G Singh

This report was approved by the board and signed on its behalf by:

----------------------------------
G Singh
Director

Date approved: 29 September 2025

2

FALCON INN BLA LIMITED
Income Statement
For the year ended 31 December 2024

	2024 £	2023 £
Turnover	2,010,634	1,883,962
Cost of sales	(576,977)	(570,488)
Gross profit	1,433,657	1,313,474
Administrative expenses	(1,344,880)	(1,236,690)
Operating profit	88,777	76,784
Interest payable and similar charges	(192,832)	(178,181)
Profit/(Loss) on ordinary activities before taxation	(104,055)	(101,397)
Tax on profit on ordinary activities	0	0
Profit/(Loss) for the financial year	(104,055)	(101,397)

3

FALCON INN BLA LIMITED
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	5,706,711	5,748,119
		5,706,711	5,748,119
Current assets
Stocks	4	14,323	14,868
Debtors	5	158,718	164,544
Cash at bank and in hand		158,074	129,369
		331,115	308,781
Creditors: amount falling due within one year	6	(4,978,527)	(4,883,546)
Net current assets		(4,647,412)	(4,574,765)

Total assets less current liabilities		1,059,299	1,173,354
Creditors: amount falling due after more than one year	7	(2,055,000)	(2,065,000)
Net assets		(995,701)	(891,646)

Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		(996,701)	(892,646)
Shareholders' funds		(995,701)	(891,646)

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 29 September 2025 and were signed on its behalf by:

-------------------------------
G Singh
Director

4

FALCON INN BLA LIMITED
Statement of Changes in Equity
For the year ended 31 December 2024

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 January 2023	1,000	(791,249)	(790,249)
Profit for the year		(101,397)	(101,397)
Total comprehensive income for the year	-	(101,397)	(101,397)
Total investments by and distributions to owners	-	-	-
At 31 December 2023	1,000	(892,646)	(891,646)
At 01 January 2024	1,000	(892,646)	(891,646)
Profit for the year		(104,055)	(104,055)
Total comprehensive income for the year	-	(104,055)	(104,055)
Total investments by and distributions to owners	-	-	-
At 31 December 2024	1,000	(996,701)	(995,701)

5

FALCON INN BLA LIMITED
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

FALCON INN BLA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11508653, registration address Aegis House, 491 London Road, Isleworth, Middlesex, London, TW7 4DA.

The presentation currency is £ sterling.

1.

Accounting policies

Basis Of Accounting

"These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention and the accounting policy FRS102 A under accounting"

Going concern basis

The financial statements have been prepared on a going concern basis on the assumption that the company will continue to trade in the foreseeable future. The basis may not be appropriate because as at 31 December 2024 the company's liabilities exceeded its assets by £995,701 (2023 : £891,646). The company has received assurances from the directors and third party lenders that their financial support will continue in the future. Given the above, the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future and hence they have chosen to continue to adopt the going concern basis of accounting in preparing the financial statements.

2.	Average number of employees Average number of employees during the year was 30 (2023 : 30).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 January 2024	5,679,727	234,123	124,126	1,915	6,039,891
Additions	-	2,527	38,043	2,150	42,720
Disposals	-	-	-	-	-
At 31 December 2024	5,679,727	236,650	162,169	4,065	6,082,611
Depreciation
At 01 January 2024	74,899	164,629	51,765	479	291,772
Charge for year	37,626	18,005	27,601	896	84,128
On disposals	-	-	-	-	-
At 31 December 2024	112,525	182,634	79,366	1,375	375,900
Net book values
Closing balance as at 31 December 2024	5,567,202	54,016	82,803	2,690	5,706,711
Opening balance as at 01 January 2024	5,604,828	69,494	72,361	1,436	5,748,119

4.

Stocks

	2024 £		2023 £
Finished Goods	14,323		14,868
	14,323		14,868

5.

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	65,347	47,500
Prepayments & Accrued Income	18,417	44,040
KTG UK Holdings Ltd Interco	2,910	1,980
Other debtor	42,000	42,000
KTG Quebec Limited Interco	3,360	2,340
Three Falcons Notting Hills	22,290	22,290
Fraud Transactions	4,394	4,394
	158,718	164,544

6.

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	160,314	194,883
Bank loan	10,000	10,000
Other creditors	4,140,417	4,047,972
Taxation and social security	142,113	105,008
Other loan	525,683	525,683
	4,978,527	4,883,546

7.

Creditors: amount falling due after more than one year

	2024 £		2023 £
Bank Loans & Overdrafts	2,055,000		2,065,000
	2,055,000		2,065,000

8.

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2024 £		2023 £		2024 £		2023 £
RELATED PARTY DISCLOSURES	0		0		0		0

As at 31.12.2024, debtors include £2,910 (2023: £1,980) due from KTG UK Holdings Ltd and £3,360 (2023: £2,340) due from KTG Quebec Limited, companies in which Mr G Singh is a director and shareholder. These loans are interest free and repayable on demand. Creditors include £16,104 (2023: £18,714) owed to L K Hospitalities Ltd in which Mr G Singh is director and shareholder. £2,315,000 (2023: £2,315,000) was due to Mr H S Kohli and £1,604,079 (2023: £1,512,561) was due to Mr G Singh. These loans are interest free and repayable on demand.

6

Registered Number: 11508653
England and Wales
FALCON INN BLA LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 January 2024 End date: 31 December 2024