Company registration number 16020126 (England and Wales)
ONLY FOOLS GO HUNGRY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
ONLY FOOLS GO HUNGRY LTD
COMPANY INFORMATION
Directors
Mr C R Smith
(Appointed 15 October 2024)
Mr M Onions
(Appointed 15 October 2024)
Company number
16020126
Registered office
100 Chatham Road
Northfield
Birmingham
B31 2JW
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Monzo Bank Limited
38 Finsbury Square
London
EC2A 1PX
ONLY FOOLS GO HUNGRY LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
ONLY FOOLS GO HUNGRY LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ONLY FOOLS GO HUNGRY LTD FOR THE PERIOD ENDED 31 OCTOBER 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Only Fools Go Hungry Ltd for the period ended 31 October 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Only Fools Go Hungry 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 Only Fools Go Hungry Ltd and state those matters that we have agreed to state to the b oard of d irectors of Only Fools Go Hungry Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Only Fools Go Hungry Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Only Fools Go Hungry 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 loss of Only Fools Go Hungry Ltd. You consider that Only Fools Go Hungry Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Only Fools Go Hungry 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 f inancial statements.

Ormerod Rutter Limited
9 March 2026
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
ONLY FOOLS GO HUNGRY LTD
BALANCE SHEET
AS AT 31 OCTOBER 2025
31 October 2025
- 2 -
2025
Notes
£
£
Fixed assets
Tangible assets
3
16,886
Current assets
Debtors
1,931
Cash at bank and in hand
245
2,176
Creditors: amounts falling due within one year
4
(18,774)
Net current liabilities
(16,598)
Total assets less current liabilities
288
Creditors: amounts falling due after more than one year
5
(8,518)
Net liabilities
(8,230)
Capital and reserves
Called up share capital
7
2
Profit and loss reserves
(8,232)
Total equity
(8,230)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 9 March 2026 and are signed on its behalf by:
Mr C R Smith
Director
Company registration number 16020126 (England and Wales)
ONLY FOOLS GO HUNGRY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

Only Fools Go Hungry Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 100 Chatham Road, Northfield, Birmingham, B31 2JW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business.

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.

1.4
Tangible fixed assets

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% on reducing balance
Motor vehicles
20% on reducing balance
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

ONLY FOOLS GO HUNGRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
2
ONLY FOOLS GO HUNGRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2025
- 5 -
3
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 15 October 2024
-
0
-
0
-
0
Additions
12,835
6,700
19,535
At 31 October 2025
12,835
6,700
19,535
Depreciation and impairment
At 15 October 2024
-
0
-
0
-
0
Depreciation charged in the period
1,421
1,228
2,649
At 31 October 2025
1,421
1,228
2,649
Carrying amount
At 31 October 2025
11,414
5,472
16,886
4
Creditors: amounts falling due within one year
2025
£
Trade creditors
100
Other creditors
18,674
18,774
5
Creditors: amounts falling due after more than one year
2025
£
Other creditors
8,518
6
Secured debts
The following secured debts are included within creditors:
2025
£
Hire purchase contracts
14,907
Hire purchase contracts are secured against the assets to which they relate.
ONLY FOOLS GO HUNGRY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2025
- 6 -
7
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary of £1 each
2
2

2 Ordinary shares of £1 were allotted and fully paid for cash at par during the period.

8
Ultimate controlling party

The ultimate controlling party is Mr C R Smith and Mr M Onions.

9
Comparatives

This is the company’s first period of trade, therefore there are no comparatives.

2025-10-31 2024-10-15 false false false 09 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr C R Smith Mr M Onions 16020126 2024-10-15 2025-10-31 16020126 bus:Director1 2024-10-15 2025-10-31 16020126 bus:Director2 2024-10-15 2025-10-31 16020126 bus:RegisteredOffice 2024-10-15 2025-10-31 16020126 bus:Agent1 2024-10-15 2025-10-31 16020126 2025-10-31 16020126 core:PlantMachinery 2025-10-31 16020126 core:MotorVehicles 2025-10-31 16020126 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 16020126 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 16020126 core:CurrentFinancialInstruments 2025-10-31 16020126 core:ShareCapital 2025-10-31 16020126 core:RetainedEarningsAccumulatedLosses 2025-10-31 16020126 core:ShareCapitalOrdinaryShareClass1 2025-10-31 16020126 core:PlantMachinery 2024-10-15 2025-10-31 16020126 core:MotorVehicles 2024-10-15 2025-10-31 16020126 core:PlantMachinery 2024-10-14 16020126 core:MotorVehicles 2024-10-14 16020126 2024-10-14 16020126 core:Non-currentFinancialInstruments 2025-10-31 16020126 bus:OrdinaryShareClass1 2024-10-15 2025-10-31 16020126 bus:OrdinaryShareClass1 2025-10-31 16020126 bus:PrivateLimitedCompanyLtd 2024-10-15 2025-10-31 16020126 bus:SmallCompaniesRegimeForAccounts 2024-10-15 2025-10-31 16020126 bus:FRS102 2024-10-15 2025-10-31 16020126 bus:AuditExemptWithAccountantsReport 2024-10-15 2025-10-31 16020126 bus:FullAccounts 2024-10-15 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP