Abbreviated Company Accounts - FALCONE LTD

Registered Number 04960497

FALCONE LTD

Abbreviated Accounts

30 November 2014

FALCONE LTD Registered Number 04960497

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	17,000	17,000
Tangible assets	3	32,809	28,753
		49,809	45,753
Current assets
Debtors		4,335	-
Cash at bank and in hand		80,924	73,554
		85,259	73,554
Creditors: amounts falling due within one year		(54,042)	(59,123)
Net current assets (liabilities)		31,217	14,431
Total assets less current liabilities		81,026	60,184
Total net assets (liabilities)		81,026	60,184
Capital and reserves
Called up share capital		100	100
Profit and loss account		80,926	60,084
Shareholders' funds		81,026	60,184

For the year ending 30 November 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 25 August 2015

And signed on their behalf by:
Guiseppe Falcone, Director

FALCONE LTD Registered Number 04960497

Notes to the Abbreviated Accounts for the period ended 30 November 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.

2Intangible fixed assets

	£
Cost
At 1 December 2013	17,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	17,000
Amortisation
At 1 December 2013	-
Charge for the year	-
On disposals	-
At 30 November 2014	-
Net book values
At 30 November 2014	17,000
At 30 November 2013	17,000

3Tangible fixed assets

	£
Cost
At 1 December 2013	60,469
Additions	14,631
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	75,100
Depreciation
At 1 December 2013	31,716
Charge for the year	10,575
On disposals	-
At 30 November 2014	42,291
Net book values
At 30 November 2014	32,809
At 30 November 2013	28,753