IRIS Accounts Production v25.1.3.33 11159491 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111594912024-03-31111594912025-03-31111594912024-04-012025-03-31111594912022-10-02111594912022-10-032024-03-31111594912024-03-3111159491ns15:EnglandWales2024-04-012025-03-3111159491ns14:PoundSterling2024-04-012025-03-3111159491ns10:Director12024-04-012025-03-3111159491ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3111159491ns10:SmallEntities2024-04-012025-03-3111159491ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3111159491ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3111159491ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3111159491ns10:FullAccounts2024-04-012025-03-311115949112024-04-012025-03-3111159491ns10:OrdinaryShareClass12024-04-012025-03-3111159491ns10:Director32024-04-012025-03-3111159491ns10:Director42024-04-012025-03-3111159491ns10:Director52024-04-012025-03-3111159491ns10:CompanySecretary12024-04-012025-03-3111159491ns10:RegisteredOffice2024-04-012025-03-3111159491ns5:CurrentFinancialInstruments2025-03-3111159491ns5:CurrentFinancialInstruments2024-03-3111159491ns5:ShareCapital2025-03-3111159491ns5:ShareCapital2024-03-3111159491ns5:RetainedEarningsAccumulatedLosses2025-03-3111159491ns5:RetainedEarningsAccumulatedLosses2024-03-3111159491ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3111159491ns5:LandBuildingsns5:ShortLeaseholdAssets2024-04-012025-03-3111159491ns5:PlantMachinery2024-04-012025-03-3111159491ns5:FurnitureFittings2024-04-012025-03-3111159491ns5:ComputerEquipment2024-04-012025-03-3111159491ns5:ComputerSoftware2024-03-3111159491ns5:ComputerSoftware2024-04-012025-03-3111159491ns5:ComputerSoftware2025-03-3111159491ns5:ComputerSoftware2024-03-3111159491ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-3111159491ns5:PlantMachinery2024-03-3111159491ns5:FurnitureFittings2024-03-3111159491ns5:ComputerEquipment2024-03-3111159491ns5:LandBuildingsns5:ShortLeaseholdAssets2025-03-3111159491ns5:PlantMachinery2025-03-3111159491ns5:FurnitureFittings2025-03-3111159491ns5:ComputerEquipment2025-03-3111159491ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-3111159491ns5:PlantMachinery2024-03-3111159491ns5:FurnitureFittings2024-03-3111159491ns5:ComputerEquipment2024-03-3111159491ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3111159491ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3111159491ns5:AcceleratedTaxDepreciationDeferredTax2025-03-3111159491ns5:AcceleratedTaxDepreciationDeferredTax2024-03-3111159491ns5:TaxLossesCarry-forwardsDeferredTax2025-03-3111159491ns5:TaxLossesCarry-forwardsDeferredTax2024-03-3111159491ns5:WithinOneYear2025-03-3111159491ns5:WithinOneYear2024-03-3111159491ns5:BetweenOneFiveYears2025-03-3111159491ns5:BetweenOneFiveYears2024-03-3111159491ns5:MoreThanFiveYears2025-03-3111159491ns5:MoreThanFiveYears2024-03-3111159491ns5:AllPeriods2025-03-3111159491ns5:AllPeriods2024-03-3111159491ns5:DeferredTaxation2024-03-3111159491ns5:DeferredTaxation2024-04-012025-03-3111159491ns5:DeferredTaxation2025-03-3111159491ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 11159491 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

FATBOY PUB COMPANY LIMITED

FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FATBOY PUB COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2025







DIRECTORS: G S Ritchie
R G Robinson
T F Theron
W Prideaux





SECRETARY: Cosec Services Limited





REGISTERED OFFICE: C/O Burlingtons
5 Stratford Place
London
W1C 1AX





REGISTERED NUMBER: 11159491 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
61 Queen Square
Bristol
BS1 4JZ

FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 146 255
Tangible assets 5 773,476 858,379
773,622 858,634

CURRENT ASSETS
Stocks 6 26,346 24,223
Debtors 7 200,689 287,709
Cash at bank 722,021 501,539
949,056 813,471
CREDITORS
Amounts falling due within one year 8 1,490,029 1,673,043
NET CURRENT LIABILITIES (540,973 ) (859,572 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,649

(938

)

CAPITAL AND RESERVES
Called up share capital 11 1,000,000 1,000,000
Retained earnings (767,351 ) (1,000,938 )
SHAREHOLDERS' FUNDS 232,649 (938 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)

BALANCE SHEET - continued
31 MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:





T F Theron - Director


FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2025

1. STATUTORY INFORMATION

Fatboy Pub Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences have been fully amortised in the prior year.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over the term of the lease
Plant and machinery - 10% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and liabilities are recognised in the balance sheet when the company becomes party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company may not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of any direct issue costs.

Interest bearing bank loans, overdrafts and other loans which meet the criteria of basic financial instruments are initially recorded at the present value of cash payable to the bank, usually being equivalent to the proceeds received net of direct issue costs. These liabilities are subsequently measured at amortised cost, using the effective interest rate method.

Shares which contain financial liabilities are reported accordingly, with any liability component included as a liability in the balance sheet. Corresponding dividends relating to such liability component of shares are charged as a finance expense.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
At 31 March 2025 the company had net current liabilities of £540,973 and shareholders' funds of £232,649. A large proportion of the company's liabilities are shareholder loans which at 31 March 2025 amounted to £1,191,726.

The company is reliant upon the continued support of the shareholders to continue to trade. The shareholders have indicated that they are willing to continue to support the company and have confirmed their intention not to withdraw any amounts owed to them to the detriment of the company's external creditors, except to the extent that funds permit, for the foreseeable future.

In light of the above, the directors have reviewed the going concern status of the business for the foreseeable future to the best of their abilities and have concluded that they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis of accounting in preparing these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2024 - 30 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 April 2024
and 31 March 2025 328
AMORTISATION
At 1 April 2024 73
Amortisation for year 109
At 31 March 2025 182
NET BOOK VALUE
At 31 March 2025 146
At 31 March 2024 255

FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 1,192,493 14,452 232,172 3,449 1,442,566
Additions - 960 11,333 2,765 15,058
At 31 March 2025 1,192,493 15,412 243,505 6,214 1,457,624
DEPRECIATION
At 1 April 2024 411,441 7,261 164,689 796 584,187
Charge for year 76,794 1,393 19,998 1,776 99,961
At 31 March 2025 488,235 8,654 184,687 2,572 684,148
NET BOOK VALUE
At 31 March 2025 704,258 6,758 58,818 3,642 773,476
At 31 March 2024 781,052 7,191 67,483 2,653 858,379

6. STOCKS
2025 2024
£    £   
Stocks 26,346 24,223

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 6,408 -
Other debtors - 208
Deferred tax asset 166,845 262,795
Prepayments and accrued income 27,436 24,706
200,689 287,709

Deferred tax asset
2025 2024
£    £   
Accelerated capital allowances (68,357 ) (75,777 )
Tax losses carried forward 234,840 338,246
Other timing differences 362 326
166,845 262,795

FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 86,148 65,451
Social security and other taxes 28,614 31,409
VAT 66,813 57,605
Other creditors 1,236,693 1,403,538
Directors' current accounts - 40,115
Accruals and deferred income 71,761 74,925
1,490,029 1,673,043

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 122,000 122,000
Between one and five years 488,000 488,000
In more than five years 406,668 528,668
1,016,668 1,138,668

10. DEFERRED TAX
£   
Balance at 1 April 2024 (262,795 )
Provided during year 95,950
Balance at 31 March 2025 (166,845 )

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1,000,000 Ordinary £1 1,000,000 1,000,000

FATBOY PUB COMPANY LIMITED (REGISTERED NUMBER: 11159491)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025

12. RELATED PARTY DISCLOSURES

At the year end the company owed a director a total of £Nil (2024 - £40,115) in respect of monies advanced and repaid during the year..

At 31 March 2025 the shareholders are owed a total of £1,191,726 (2024 - £1,371,000). The loans are unsecured, interest free and have no fixed repayment terms.

During the year, the company made purchases of £55,821 (2024 - £282,560) from Ashcombe Estates LLP, a company of which G S Ritchie is a designated member. At the year end £Nil (2024 - £5,111) was owed to Ashcombe Estates LLP.

During the year, the company made purchases of £30,824 (2024 - £13,281) from GSR Holdings Ltd, a company of which G S Ritchie is a director. At the year end £4,394 (2024 - £1,796) was owed to GSR Holdings Ltd.

13. ULTIMATE CONTROLLING PARTY

The controlling party is G S Ritchie.