REGISTERED NUMBER: 08650582 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

FATMAX PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTORS:

O M Portch

Mrs F B Portch

H M L Portch

REGISTERED OFFICE:

Stoneywood

Wraik Hill

Whitstable

Kent

CT5 3BY

REGISTERED NUMBER:

08650582 (England and Wales)

ACCOUNTANTS:

Kemps Accounting Solutions Limited

42A High Street

Broadstairs

Kent

CT10 1JT

FIXED ASSETS

Tangible assets

4

384

434

Investment property

5

1,460,500

1,460,500

1,460,884

1,460,934

CURRENT ASSETS

Debtors

6

-

1,514

Cash at bank

5,081

17,507

5,081

19,021

CREDITORS

Amounts falling due within one year

7

541,507

398,405

NET CURRENT LIABILITIES

(536,426

)

(379,384

)

TOTAL ASSETS LESS CURRENT LIABILITIES

924,458

1,081,550

CREDITORS

Amounts falling due after more than one year

8

-

(151,705

)

PROVISIONS FOR LIABILITIES

(127,051

)

(115,366

)

NET ASSETS

797,407

814,479

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

797,307

814,379

SHAREHOLDERS' FUNDS

797,407

814,479

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 28 April 2026 and were signed on its behalf by:

O M Portch - Director

H M L Portch - Director

1.	STATUTORY INFORMATION

Fatmax Properties Ltd 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.

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

1,735

Additions

511

At 31 August 2025

2,246

DEPRECIATION

At 1 September 2024

1,301

Charge for year

561

At 31 August 2025

1,862

NET BOOK VALUE

At 31 August 2025

384

At 31 August 2024

434

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

1,460,500

Additions

40,500

Revaluations

(40,500

)

At 31 August 2025

1,460,500

NET BOOK VALUE

At 31 August 2025

1,460,500

At 31 August 2024

1,460,500

Fair value at 31 August 2025 is represented by:

£

Valuation in 2021

250,000

Valuation in 2022

250,000

Valuation in 2023

8,204

Valuation in 2024

(40,500

)

Cost

992,796

1,460,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

-

1,514

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

1,705

1,860

Taxation and social security

6,462

-

Other creditors

533,340

396,545

541,507

398,405

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

-

151,705

9.	CALLED UP SHARE CAPITAL

The share capital is subdivided into 40A, 40B, 10C and 10D £1 shares. C and D shares only give rights on income whereas the A and B shares also give rights to capital and entitle shareholders to vote.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fatmax Properties Ltd for the year ended 31 August 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Fatmax Properties Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fatmax Properties Ltd and state those matters that we have agreed to state to the Board of Directors of Fatmax Properties Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fatmax Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fatmax Properties Ltd. You consider that Fatmax Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fatmax Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kemps Accounting Solutions Limited

42A High Street

Broadstairs

Kent

CT10 1JT

28 April 2026