Fat Cow Torquay Limited - Filleted accounts

Registered number

11145528

Fat Cow Torquay Limited

Filleted Accounts

31 January 2026

Fat Cow Torquay Limited
Registered number:		11145528
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		738,247			656,536

Current assets
Debtors	4	3,408			14,133
Cash at bank and in hand		12,647			6,757
		16,055			20,890

Creditors: amounts falling due within one year	5	(1,068,281)			(964,239)

Net current liabilities			(1,052,226)			(943,349)

Total assets less current liabilities			(313,979)			(286,813)

Creditors: amounts falling due after more than one year	6		(3,449)			(13,973)



Net liabilities			(317,428)			(300,786)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(317,429)			(300,787)

Shareholder's funds			(317,428)			(300,786)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




B Singh
Director
Approved by the board on 28 October 2026

Fat Cow Torquay Limited
Notes to the Accounts
for the year ended 31 January 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance
	Fixtures, fittings, tools and equipment			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Going concern
	The company’s balance sheet shows a net liability position. However, the director considers the company can continue to rely upon his own support to ensure that its liabilities can be settled when they fall due. Accordingly, these financial statements have been prepared on a going concern basis and do not include any provision for adjustments that may become necessary if the support referred to above were withdrawn.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Fixtures& fittings		Plant and machinery etc		Freehold property		Total
£			£		£		£
	Cost
	At 1 February 2025	7,609		2,585		654,955		665,149
	Additions	-		-		82,106		82,106
	At 31 January 2026	7,609		2,585		737,061		747,255

	Depreciation
	At 1 February 2025	6,373		2,240		-		8,613
	Charge for the year	309		86		-		395
	At 31 January 2026	6,682		2,326		-		9,008

	Net book value
	At 31 January 2026	927		259		737,061		738,247
	At 31 January 2025	1,236		345		654,955		656,536


4	Debtors					2026		2025
£							£

	Other debtors					3,408		14,133


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					2,628		29,578
	Other creditors					1,065,653		934,661
						1,068,281		964,239

6	Related party transactions

	The company has received loans of £39,271 (2025 £28,546) from The Boathouse (Torquay) Limited and Rumour Wine Bar & Restaurant Ltd ,companies in which the directors has a controlling interest.

6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					3,449		13,973


7	Other information

	Fat Cow Torquay Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Mill
	Kingsteignton Road
	Newton Abbot
	Devon
	TQ12 2QA