Company Registration No. 13143490 (England and Wales)
The Fowey Farm Shop Limited
Unaudited accounts
for the year ended 31 January 2026
The Fowey Farm Shop Limited
Unaudited accounts
Contents
The Fowey Farm Shop Limited
Company Information
for the year ended 31 January 2026
Directors
T J B Varcoe
G Jane
Company Number
13143490 (England and Wales)
Registered Office
Four Turnings Garage
Fowey
Cornwall
PL23 1JU
England
Accountants
Mrs R N Pitman
Portheras Accounting Ltd
Tremarstan
Kilhallon
Cornwall
PL24 2RL
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
The Fowey Farm Shop Limited
for the year ended 31 January 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
The Fowey Farm Shop Limited for the year ended
31 January 2026 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of The Fowey Farm Shop Limited, as a body, in accordance with the terms of our engagement letter dated 20 October 2023. Our work has been undertaken solely to prepare for your approval the accounts of The Fowey Farm Shop Limited and state those matters that we have agreed to state to the Board of Directors of The Fowey Farm Shop Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Fowey Farm Shop Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Fowey Farm Shop Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of The Fowey Farm Shop Limited. You consider that The Fowey Farm Shop Limited 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 accounts of The Fowey Farm Shop Limited. 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 accounts.
Mrs R N Pitman
Chartered Certified Accountants
Portheras Accounting Ltd
Tremarstan
Kilhallon
Cornwall
PL24 2RL
16 October 2026
The Fowey Farm Shop Limited
Statement of financial position
as at 31 January 2026
Intangible assets
244,213
286,078
Tangible assets
1,119,438
823,030
Cash at bank and in hand
41,908
7,995
Creditors: amounts falling due within one year
(108,710)
(280,469)
Net current assets/(liabilities)
25,438
(97,138)
Total assets less current liabilities
1,389,089
1,011,970
Creditors: amounts falling due after more than one year
(497,950)
(514,400)
Net assets
891,139
497,570
Called up share capital
230
161
Share premium
1,314,939
769,937
Profit and loss account
(424,030)
(272,528)
Shareholders' funds
891,139
497,570
For the year ending 31 January 2026 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2026 and were signed on its behalf by
G Jane
Director
Company Registration No. 13143490
The Fowey Farm Shop Limited
Notes to the Accounts
for the year ended 31 January 2026
The Fowey Farm Shop Limited is a private company, limited by shares, registered in England and Wales, registration number 13143490. The registered office is Four Turnings Garage, Fowey, Cornwall, PL23 1JU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Ammortisation being split over its estimated useful life of 10 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Other tangible fixed assets
Improvements to Property - 2% on cost
Hire purchase and leasing commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
The Fowey Farm Shop Limited
Notes to the Accounts
for the year ended 31 January 2026
4
Intangible fixed assets
Goodwill
At 1 February 2025
418,650
At 31 January 2026
418,650
At 1 February 2025
132,572
Charge for the year
41,865
At 31 January 2026
174,437
At 31 January 2026
244,213
At 31 January 2025
286,078
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2025
736,113
66,933
100,971
4,049
908,066
Additions
320,000
-
-
207
320,207
At 31 January 2026
1,056,113
66,933
100,971
4,256
1,228,273
At 1 February 2025
3,847
30,851
48,683
1,655
85,036
Charge for the year
5,549
7,207
10,458
585
23,799
At 31 January 2026
9,396
38,058
59,141
2,240
108,835
At 31 January 2026
1,046,717
28,875
41,830
2,016
1,119,438
At 31 January 2025
732,266
36,082
52,288
2,394
823,030
Amounts falling due within one year
Trade debtors
20,349
18,331
Accrued income and prepayments
1,439
42
Other debtors
22,805
101,690
The Fowey Farm Shop Limited
Notes to the Accounts
for the year ended 31 January 2026
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
72,313
36,002
Taxes and social security
8,526
2,441
Loans from directors
16,190
228,654
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
464,055
464,055
Other creditors
33,895
50,345
Loans are as follows:
Certas - Payable by 2026 - balance £50345
Together Money Loan - payable by 2031 - balance £464055 - This loan is secured on the assets of the company
Allotted, called up and fully paid:
3,940 Ordinary shares of £0.01 each
39.40
39.40
13,016 Convertible ordinary shares of £0.01 each
130.16
60.60
6,060 Redeemable preference of £0.01 each
60.60
60.60
Shares issued during the period:
6,956 Convertible ordinary shares of £0.01 each
70
10
Average number of employees
During the year the average number of employees was 7 (2025: 7).