Company Registration No. 04056806 (England and Wales)
FALLOW MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 August 2022
FALLOW MANAGEMENT LIMITED
Unaudited accounts
Contents
FALLOW MANAGEMENT LIMITED
Company Information
for the year ended 31 August 2022
Directors
Ms. Tracy Scott Fox
Mrs Sharon Mottram
Company Number
04056806 (England and Wales)
Registered Office
443A MAIDSTONE ROAD
GILLINGHAM
ME8 0HY
ENGLAND
FALLOW MANAGEMENT LIMITED
Statement of financial position
as at 31 August 2022
Intangible assets
31
2,683
Tangible assets
20,049
24,468
Cash at bank and in hand
15,814
37,619
Creditors: amounts falling due within one year
(448,895)
(430,012)
Net current assets
558,981
409,077
Total assets less current liabilities
579,061
436,228
Creditors: amounts falling due after more than one year
(50,000)
-
Provisions for liabilities
Deferred tax
(3,029)
(3,029)
Net assets
526,032
433,199
Called up share capital
115
115
Profit and loss account
525,917
433,084
Shareholders' funds
526,032
433,199
For the year ending 31 August 2022 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2023 and were signed on its behalf by
Ms. Tracy Scott Fox
Director
Company Registration No. 04056806
FALLOW MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 August 2022
FALLOW MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04056806. The registered office is 443A MAIDSTONE ROAD, GILLINGHAM, ME8 0HY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
-10% per Annum on cost
Plant & machinery
-25% per annum on cost
Motor vehicles
-25% reducing balance
Fixtures & fittings
-25% per annum on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2021
43,114
At 1 September 2021
40,431
FALLOW MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 August 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
338,342
20,628
60,944
419,914
At 31 August 2022
338,342
20,628
61,866
420,836
At 1 September 2021
337,839
16,808
40,799
395,446
Charge for the year
483
716
4,142
5,341
At 31 August 2022
338,322
17,524
44,941
400,787
At 31 August 2022
20
3,104
16,925
20,049
At 31 August 2021
503
3,820
20,145
24,468
Amounts falling due within one year
Trade debtors
769,183
691,393
Accrued income and prepayments
76,405
7,305
Other debtors
99,154
60,772
7
Investments held as current assets
2022
2021
Unlisted investments
42,000
42,000
8
Creditors: amounts falling due within one year
2022
2021
Trade creditors
71,320
43,274
Taxes and social security
105,085
320,586
Other creditors
33,400
66,152
Loans from directors
2,409
-
9
Creditors: amounts falling due after more than one year
2022
2021
10
Average number of employees
During the year the average number of employees was 0 (2021: 0).