REGISTERED NUMBER: 01393214 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

FALCONDALE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Lakhanpaul

P Lakhanpaul

REGISTERED OFFICE:

112 Commercial Road

London

E1 1NU

REGISTERED NUMBER:

01393214 (England and Wales)

ACCOUNTANTS:

Cheshams Accountants Ltd

Chartered Certified Accountants

Suite 16,Neals Corner

2 Bath Road

Hounslow

Middlesex

TW3 3HJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,553,187

1,634,260

1,553,187

1,634,260

CURRENT ASSETS

Stocks

10,600

15,250

Debtors

6

20,000

11,251

Cash at bank and in hand

25,797

11,344

56,397

37,845

CREDITORS

Amounts falling due within one year

7

1,370,071

511,293

NET CURRENT LIABILITIES

(1,313,674

)

(473,448

)

TOTAL ASSETS LESS CURRENT LIABILITIES

239,513

1,160,812

CREDITORS

Amounts falling due after more than one year

8

-

(832,662

)

PROVISIONS FOR LIABILITIES

9

(48,984

)

(60,946

)

NET ASSETS

190,529

267,204

CAPITAL AND RESERVES

Called up share capital

10

7,000

7,000

Capital redemption reserve

11

3,000

3,000

Retained earnings

11

180,529

257,204

SHAREHOLDERS' FUNDS

190,529

267,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

R Lakhanpaul - Director

1.	STATUTORY INFORMATION

Falcondale Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

at varying rates on cost

Refurbishment Costs

-

10% on cost

Fixtures and fittings

-

10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,000

AMORTISATION

At 1 April 2024

and 31 March 2025

1,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Refurbishment

and

property

Costs

fittings

Totals

£

£

£

£

COST

At 1 April 2024

1,980,844

783,902

771,519

3,536,265

Additions

-

15,000

18,560

33,560

At 31 March 2025

1,980,844

798,902

790,079

3,569,825

DEPRECIATION

At 1 April 2024

600,319

582,925

718,761

1,902,005

Charge for year

27,610

79,891

7,132

114,633

At 31 March 2025

627,929

662,816

725,893

2,016,638

NET BOOK VALUE

At 31 March 2025

1,352,915

136,086

64,186

1,553,187

At 31 March 2024

1,380,525

200,977

52,758

1,634,260

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

4,200

Other debtors

20,000

7,051

20,000

11,251

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

192,559

Trade creditors

241,165

62,829

Amounts owed to group undertakings

1,043,056

-

Amounts owed to associates

17,805

-

Taxation and social security

51,054

158,607

Other creditors

16,991

97,298

1,370,071

511,293

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

832,662

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

48,984

60,946

Deferred

tax

£

Balance at 1 April 2024

60,946

Credit to Income Statement during year

(11,962

)

Balance at 31 March 2025

48,984

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

7,000

Ordinary

1.00

7,000

7,000

11.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2024

257,204

3,000

260,204

Deficit for the year

(76,675

)

(76,675

)

At 31 March 2025

180,529

3,000

183,529

12.	RELATED PARTY DISCLOSURES

13.	ULTIMATE CONTROLLING PARTY