2023-09-202024-07-312024-07-31false15149547FATTY FOODIE PARTNER 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FATTY FOODIE PARTNER LTD

Registered Number
15149547
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2024

FATTY FOODIE PARTNER LTD
Company Information
for the period from 20 September 2023 to 31 July 2024

Director

YEUNG, Ringo

Registered Address

28 , Ground Floor And Basement
Fouberts Place
London
W1F 7PR

Registered Number

15149547 (England and Wales)
FATTY FOODIE PARTNER LTD
Balance Sheet as at
31 July 2024

Notes

2024

£

£

Fixed assets
Tangible assets391,274
91,274
Current assets
Stocks8,853
Debtors24,881
Cash at bank and on hand600
34,334
Creditors amounts falling due within one year(30,975)
Net current assets (liabilities)3,359
Total assets less current liabilities94,633
Creditors amounts falling due after one year(146,010)
Net assets(51,377)
Capital and reserves
Called up share capital1
Profit and loss account(51,378)
Shareholders' funds(51,377)
The financial statements were approved and authorised for issue by the Director on 12 May 2025, and are signed on its behalf by:
YEUNG, Ringo
Director
Registered Company No. 15149547
FATTY FOODIE PARTNER LTD
Notes to the Financial Statements
for the period ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Land and buildings10
Plant and machinery5
Fixtures and fittings10
Vehicles5
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

2024
Average number of employees during the year19
3.Tangible fixed assets

Total

£
Cost or valuation
Additions93,115
At 31 July 2493,115
Depreciation and impairment
Charge for year1,841
At 31 July 241,841
Net book value
At 31 July 2491,274
At 19 September 23-