COMPANY REGISTRATION NUMBER:
16362916
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Falcon Bowling Property Limited |
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Filleted Unaudited Financial Statements |
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Falcon Bowling Property Limited |
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Period ended 31 March 2026
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Statement of financial position |
1 |
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Notes to the financial statements |
2 |
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Falcon Bowling Property Limited |
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Statement of Financial Position |
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31 March 2026
Current assets
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Debtors |
5 |
778 |
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Cash at bank and in hand |
8,500 |
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|
------- |
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9,278 |
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Creditors: amounts falling due within one year |
6 |
9,277 |
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------- |
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Net current assets |
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1 |
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---- |
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Total assets less current liabilities |
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1 |
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---- |
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Net assets |
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1 |
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---- |
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Capital and reserves
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Called up share capital |
7 |
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1 |
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---- |
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Shareholders funds |
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1 |
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---- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
2 September 2026
, and are signed on behalf of the board by:
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I Moore |
K G Wood |
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Director |
Director |
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Company registration number:
16362916
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Falcon Bowling Property Limited |
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Notes to the Financial Statements |
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Period ended 31 March 2026
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Channels Drive, Chelmsford, Essex, CM3 3FB, United Kingdom.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for rentals of commercial property, net of discounts and Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4.
Average number of employees
During the period the average number of employees was 2 which consisted of the directors only.
5.
Debtors
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2026 |
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£ |
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Amounts owed by group undertakings |
778 |
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---- |
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6.
Creditors:
amounts falling due within one year
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2026 |
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£ |
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Accruals and deferred income |
9,277 |
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------- |
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7.
Called up share capital
Issued, called up and fully paid
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2026 |
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No. |
£ |
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Ordinary shares of £ 1 each |
1 |
1 |
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---- |
---- |
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On incorporation 1 ordinary share was issued and paid for at a par value of £1 each.
8.
Related party transactions
The company has taken advantage of the exception granted under FRS 102 section 33.1A not to disclose transactions with wholly owned subsidiaries within the group.
9.
Controlling party
The ultimate parent undertaking is The Falcon Bowling & Social Club (Chelmsford) Limited, a company incorporated in England and Wales. The registered office is Channels Drive, Chelmsford, Essex, CM3 3FB.