THE FAT MANAGEMENT LIMITED

Company Registration Number:
03822340 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

THE FAT MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

THE FAT MANAGEMENT LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 359,029 362,766
Total fixed assets: 359,029 362,766
Current assets
Debtors:   304,763 280,074
Cash at bank and in hand: 28,852 3,621
Total current assets: 333,615 283,695
Creditors: amounts falling due within one year:   (330,413) (264,442)
Net current assets (liabilities): 3,202 19,253
Total assets less current liabilities: 362,231 382,019
Creditors: amounts falling due after more than one year:   (203,560) (249,685)
Provision for liabilities: (67,619) (64,212)
Total net assets (liabilities): 91,052 68,122
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 91,050 68,120
Shareholders funds: 91,052 68,122

The notes form part of these financial statements

THE FAT MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 August 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 May 2025
and signed on behalf of the board by:

Name: Mr Joe Jones
Status: Director

The notes form part of these financial statements

THE FAT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

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 measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows; Plant and machinery at 25% reducing balance Fittings fixtures and equipment at 15% reducing balance Motor vehicles at 25% reducing balance.

Other accounting policies

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

THE FAT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 8 10

THE FAT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 859,951
Additions 103,788
Disposals (33,850)
At 31 August 2024 929,889
Depreciation
At 01 September 2023 497,185
Charge for year 91,261
On disposals (17,586)
At 31 August 2024 570,860
Net book value
At 31 August 2024 359,029
At 31 August 2023 362,766

THE FAT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Related party transactions

Name of the related party: FML Waste Solutions Limited
Relationship:
Associated company
Description of the Transaction: The transaction was loan made to the company by FML Waste Solutions Limited.
£
Balance at 01 September 2023 30,000
Balance at 31 August 2024 37,726