FALCON ELECTRICAL ENGINEERING LIMITED

FALCON ELECTRICAL ENGINEERING LIMITED

FALCON ELECTRICAL ENGINEERING LIMITED - Company Information

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FALCON ELECTRICAL ENGINEERING LIMITED

Company Registration Number:
SC090704 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

FALCON ELECTRICAL ENGINEERING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

FALCON ELECTRICAL ENGINEERING LIMITED

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 56,423 25,571
Investments: 4 7,777 7,777
Total fixed assets: 64,200 33,348
Current assets
Stocks: 49,878 47,000
Debtors:   142,150 172,850
Cash at bank and in hand: 10,116 31,439
Total current assets: 202,144 251,289
Creditors: amounts falling due within one year:   (82,535) (111,553)
Net current assets (liabilities): 119,609 139,736
Total assets less current liabilities: 183,809 173,084
Creditors: amounts falling due after more than one year:   (12,359) (16,929)
Provision for liabilities: (10,720) (4,042)
Total net assets (liabilities): 160,730 152,113
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 159,730 151,113
Shareholders funds: 160,730 152,113

The notes form part of these financial statements

FALCON ELECTRICAL ENGINEERING LIMITED

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 December 2019
and signed on behalf of the board by:

Name: A Gammie
Status: Director

The notes form part of these financial statements

FALCON ELECTRICAL ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FALCON ELECTRICAL ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Employees

2019 2018
Average number of employees during the period 8 8

FALCON ELECTRICAL ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Tangible Assets

Total
Cost £
At 01 April 2018 50,489
Additions 49,583
At 31 March 2019 100,072
Depreciation
At 01 April 2018 24,918
Charge for year 18,731
At 31 March 2019 43,649
Net book value
At 31 March 2019 56,423
At 31 March 2018 25,571

FALCON ELECTRICAL ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Fixed investments

Investments represent 20,000 ordinary shares in Dumbarton Football Club Limited. These shares have been valued at historical cost as the fair value cannot be measured reliably.