Falcon Document Solutions Limited - Limited company - abbreviated - 11.6

Falcon Document Solutions Limited - Limited company - abbreviated - 11.6

FALCON DOCUMENT SOLUTIONS LIMITED - Company Information

Print Friendly Version

02818404 1.10.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false true false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure028184042014-09-30028184042015-03-31028184042014-10-012015-03-31028184042013-09-30028184042013-10-012014-09-30028184042014-09-3002818404ns12:England2014-10-012015-03-3102818404ns14:PoundSterling2014-10-012015-03-3102818404ns7:Director12014-10-012015-03-3102818404ns7:OrdinaryShareClass12014-10-012015-03-3102818404ns7:CompanySecretary2014-10-012015-03-3102818404ns7:RegisteredOffice2014-10-012015-03-3102818404ns7:EntityAccountantsOrAuditors2014-10-012015-03-3102818404ns7:OrdinaryShareClass12015-03-3102818404ns7:OrdinaryShareClass12014-09-30
REGISTERED NUMBER: 02818404 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1ST OCTOBER 2014 TO 31ST MARCH 2015

FOR

FALCON DOCUMENT SOLUTIONS LIMITED

FALCON DOCUMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 02818404)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1ST OCTOBER 2014 TO 31ST MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

FALCON DOCUMENT SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST OCTOBER 2014 TO 31ST MARCH 2015







DIRECTOR: J Stephens





SECRETARY: Mrs K L Stephens





REGISTERED OFFICE: Wellington House
273-275 High Street
London Colney
St Albans
Hertfordshire
AL2 1HA





REGISTERED NUMBER: 02818404 (England and Wales)





ACCOUNTANTS: Newman Morris Limited
Chartered Accountants
Wellington House
273-275 High Street
London Colney
Hertfordshire
AL2 1HA
Page 1
FALCON DOCUMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 02818404)

ABBREVIATED BALANCE SHEET
31ST MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 38,133 50,079

CURRENT ASSETS
Stocks 470,170 507,651
Debtors 1,131,361 1,391,302
Cash at bank 1,038,369 659,940
2,639,900 2,558,893
CREDITORS
Amounts falling due within one year 1,610,360 1,875,291
NET CURRENT ASSETS 1,029,540 683,602
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,067,673
733,681

CAPITAL AND RESERVES
Called up share capital 3 12,501 12,501
Capital redemption reserve 13,125 13,125
Profit and loss account 1,042,047 708,055
SHAREHOLDERS' FUNDS 1,067,673 733,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

Page 2
FALCON DOCUMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 02818404)

ABBREVIATED BALANCE SHEET - continued
31ST MARCH 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 2nd June 2015 and were signed by:





J Stephens - Director


The notes form part of these abbreviated accounts

Page 3
FALCON DOCUMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 02818404)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1ST OCTOBER 2014 TO 31ST MARCH 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

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


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

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st October 2014 90,387
Additions 14,303
Disposals (27,928 )
At 31st March 2015 76,762
DEPRECIATION
At 1st October 2014 40,308
Charge for period 7,062
Eliminated on disposal (8,741 )
At 31st March 2015 38,629
NET BOOK VALUE
At 31st March 2015 38,133
At 30th September 2014 50,079

Page 4
FALCON DOCUMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 02818404)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE PERIOD 1ST OCTOBER 2014 TO 31ST MARCH 2015

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
12,501 Ordinary £1.00 12,501 12,501

4. ULTIMATE PARENT COMPANY

Corona Corporate Group Limited (incorporated in England & Wales ) is regarded by the director as
being the company's ultimate parent company.

Page 5