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Company Registration No. 03878994 (England and Wales)
Falcor BC Limited Unaudited accounts for the year ended 30 November 2025
Falcor BC Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Falcor BC Limited Company Information for the year ended 30 November 2025
Director
Andrew Gifford
Secretary
Maria Gifford
Company Number
03878994 (England and Wales)
Registered Office
61 High Street Chobham Woking Surrey GU24 8AF England
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Falcor BC Limited Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
317,691
318,667
Investment property
5
257,000
257,000
Investments
6
17,397
15,631
592,088
591,298
Current assets
Debtors
7
31,087
32,993
Cash at bank and in hand
14,053
19,646
45,140
52,639
Creditors: amounts falling due within one year
8
(32,933)
(26,586)
Net current assets
12,207
26,053
Total assets less current liabilities
604,295
617,351
Creditors: amounts falling due after more than one year
9
(224,461)
(288,953)
Provisions for liabilities
Deferred tax
(5,614)
(5,614)
Net assets
374,220
322,784
Capital and reserves
Called up share capital
10
130,000
130,000
Profit and loss account
244,220
192,784
Shareholders' funds
374,220
322,784
For the year ending 30 November 2025 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 2026 and were signed on its behalf by
Andrew Gifford Director Company Registration No. 03878994
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Falcor BC Limited Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Falcor BC Limited is a private company, limited by shares, registered in England and Wales, registration number 03878994. The registered office is 61 High Street, Chobham, Woking, Surrey, 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.
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 tangible assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% DB
Computer equipment
25% DB
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Falcor BC Limited Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
314,766
6,848
17,710
339,324
At 30 November 2025
314,766
6,848
17,710
339,324
Depreciation
At 1 December 2024
-
5,826
14,831
20,657
Charge for the year
-
256
720
976
At 30 November 2025
-
6,082
15,551
21,633
Net book value
At 30 November 2025
314,766
766
2,159
317,691
At 30 November 2024
314,766
1,022
2,879
318,667
5
Investment property
2025
£
Fair value at 1 December 2024
257,000
At 30 November 2025
257,000
The Company owns two properties in Spain. A desktop valuation was performed in 2018 & the Directors do not believe there has been a material change to the valuations since that date. Almunerca (Land) Cost £104,452, valuation £95,000 Denia Park (apartment) Cost £123,000, valuation £162,000
6
Investments
Subsidiary undertakings
£
Valuation at 1 December 2024
15,631
Additions
1,766
Valuation at 30 November 2025
17,397
The investment represents a loan to a wholly owned subsidiary. That company own a property in Reigate with a net value, after deducting debt of £126,000
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
32,737
34,643
Accrued income and prepayments
(1,650)
(1,650)
31,087
32,993
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Falcor BC Limited Notes to the Accounts for the year ended 30 November 2025
8
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
9,395
6,488
Trade creditors
850
744
Taxes and social security
18,659
6,313
Other creditors
3,298
8,290
Accruals
731
4,751
32,933
26,586
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
24,573
29,657
Other creditors
4,661
11,225
Loans from directors
195,227
248,071
224,461
288,953
This Director's loan is interest free & has no fixed date for repayment.
10
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
90,000 Ordinary Shares - Andrew Gifford of £1 each
90,000
90,000
20,000 Ordinary Shares - Wesley Gifford of £1 each
20,000
20,000
20,000 Ordinary Shares - Stephanie Gifford of £1 each
20,000
20,000
130,000
130,000
11
Transactions with related parties
The Company was indebted to Falcor LS for £24,573 at year end. Falcor LS is owned & operated by Andrew Gifford, offering legal services associated with probate & wills.
12
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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