FATTZ PANTRY LIMITED

Company Registration Number:
10587374 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

FATTZ PANTRY LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

FATTZ PANTRY LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Mr G D Favaro-Potter
Registered office: 47
Onslow Crescent
Colchester
Essex
England
CO2 8UN
Company Registration Number: 10587374 (England and Wales)

FATTZ PANTRY LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 77 240
Tangible assets: 5 1,101 2,582
Total fixed assets: 1,178 2,822
Current assets
Stocks: 526 1,044
Cash at bank and in hand: 417 617
Total current assets: 943 1,661
Creditors: amounts falling due within one year: 6 ( 12,889 ) ( 11,312 )
Net current assets (liabilities): ( 11,946 ) ( 9,651 )
Total assets less current liabilities: ( 10,768 ) ( 6,829 )
Provision for liabilities: ( 209 ) ( 1,224 )
Total net assets (liabilities): ( 10,977 ) ( 8,053 )

The notes form part of these financial statements

FATTZ PANTRY LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 11,077 ) ( 8,153 )
Shareholders funds: ( 10,977 ) ( 8,053 )

For the year ending 31 January 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 January 2025
And Signed On Behalf Of The Board By:

Name: Mr G D Favaro-Potter
Status: Director

The notes form part of these financial statements

FATTZ PANTRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair
    value of consideration takes into account trade discounts, settlement discounts and volume rebates.

    Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured
    reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

    Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

    Plant and equipment 20% straight line
    Fixtures and fittings 15% reducing balance
    Computer equipment 20% reducing balance

    The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

    Intangible fixed assets amortisation policy

    Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

    Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the
    asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

    Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

    Website Over 5 years

FATTZ PANTRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

FATTZ PANTRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

FATTZ PANTRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Intangible assets

Other Total
Cost £ £
At 01 February 2023 1,315 1,315
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 1,315 1,315
Amortisation
Amortisation at 01 February 2023 1,075 1,075
Charge for year 163 163
On disposals - -
Other adjustments - -
Amortisation at 31 January 2024 1,238 1,238
Net book value
Net book value at 31 January 2024 77 77
Net book value at 31 January 2023 240 240

FATTZ PANTRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 February 2023 6,820 3,519 485 10,824
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 January 2024 6,820 3,519 485 10,824
Depreciation
At 01 February 2023 5,279 2,564 399 8,242
Charge for year 711 748 22 1,481
On disposals - - - -
Other adjustments - - - -
At 31 January 2024 5,990 3,312 421 9,723
Net book value
At 31 January 2024 830 207 64 1,101
At 31 January 2023 1,541 955 86 2,582

FATTZ PANTRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 484
Trade creditors 9 471
Other creditors 12,880 10,357
Total 12,889 11,312