Fallco Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC492039

Fallco Limited

Filleted Unaudited Financial Statements

30 October 2025

Fallco Limited

Financial Statements

Year ended 30 October 2025

Contents	Page

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Fallco Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Fallco Limited

Year ended 30 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fallco Limited for the year ended 30 October 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the director of Fallco Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Fallco Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fallco Limited and its director for our work or for this report.

It is your duty to ensure that Fallco Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fallco Limited. You consider that Fallco Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Fallco Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GILLILAND & COMPANY Chartered Accountants

216 West George Street Glasgow G2 2PQ

28 October 2026

Fallco Limited

Statement of Financial Position

30 October 2025

	2025		2024
Note	£	£	£

Fixed assets

Investments	4		1	1

Current assets

Debtors	5	2,428,067	1,916,367
Cash at bank and in hand		1,357,050	753,698
		------------	------------
		3,785,117	2,670,065

Creditors: amounts falling due within one year	6	20,777		146,608
		------------		------------
Net current assets			3,764,340	2,523,457
			------------	------------
Total assets less current liabilities			3,764,341	2,523,458

Creditors: amounts falling due after more than one year	7	509,505	662,324
		------------	------------
Net assets		3,254,836	1,861,134
		------------	------------

Capital and reserves

Called up share capital	2	2
Profit and loss account	3,254,834	1,861,132
	------------	------------
Shareholders funds	3,254,836	1,861,134
	------------	------------

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 income and retained earnings has not been delivered.

For the year ending 30 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Fallco Limited

Statement of Financial Position (continued)

30 October 2025

These financial statements were approved by the board of directors and authorised for issue on 28 October 2026 , and are signed on behalf of the board by:

Mr J Fallon
Director

Company registration number: SC492039

Fallco Limited

Notes to the Financial Statements

Year ended 30 October 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 1 Cemetery Road, Galston, KA4 8JU, Scotland.

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.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change of value.

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.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

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. Debt instruments are subsequently measured at amortised cost.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

4. Investments

	Other investments other than loans
	£
Cost
At 31 October 2024 and 30 October 2025	1
	----
Impairment
At 31 October 2024 and 30 October 2025	–
	----

Carrying amount
At 30 October 2025	1
	----
At 30 October 2024	1
	----

5. Debtors

	2025	2024
	£	£
Other debtors	2,428,067	1,916,367
	------------	------------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	17,007	142,288
Other creditors	3,770	4,320
	--------	---------
	20,777	146,608
	--------	---------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	509,505	662,324
	---------	---------

8. Director's advances, credits and guarantees

The following advances and credits were made to the director during the period ended 30 October 2025 Opening balance: £1,491,532 Amounts advanced: £682,465 Interest charged: £66,284 Amounts repaid:: £(240,000) Closing balance: £2,000,280 The amounts are unsecured, with no fixed terms of repayment, and with interest charged in line with the HMRC official rate of interest.

9. Related party transactions

As at the year end, £509,505 (2024: £662,324) was owed to companies under common control and is included within 'Creditors: amounts falling due after more than one year'. There are no fixed terms of repayment and no interest is charged on these amounts.

10. Controlling party

The company was under control of the director throughout the year.