Abbreviated Company Accounts - FALCONGOLD LIMITED

FALCONGOLD LIMITED - Company Information

05955893 FALCONGOLD LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 05955893 2013-11-01 2014-10-31 05955893 2014-10-31 05955893 2013-10-31 05955893 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 05955893 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 05955893

FALCONGOLD LIMITED

Abbreviated Accounts

31 October 2014

FALCONGOLD LIMITED Registered Number 05955893

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	71,408	76,268
		71,408	76,268
Current assets
Debtors		2,036	2,406
Cash at bank and in hand		5,313	3,852
		7,349	6,258
Creditors: amounts falling due within one year		(32,744)	(40,269)
Net current assets (liabilities)		(25,395)	(34,011)
Total assets less current liabilities		46,013	42,257
Total net assets (liabilities)		46,013	42,257
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		46,011	42,255
Shareholders' funds		46,013	42,257

For the year ending 31 October 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 July 2015

And signed on their behalf by:
I Yildirim, Director

FALCONGOLD LIMITED Registered Number 05955893

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
De[recitation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery 20% straight line
Motor Vehicles 25% straight line

2Tangible fixed assets

	£
Cost
At 1 November 2013	127,517
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	127,517
Depreciation
At 1 November 2013	51,249
Charge for the year	4,860
On disposals	-
At 31 October 2014	56,109
Net book values
At 31 October 2014	71,408
At 31 October 2013	76,268

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2