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REGISTERED NUMBER: 14314684 (England and Wales)















Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Year Ended 31 October 2024

for

Caterleisure Group Limited

Caterleisure Group Limited (Registered number: 14314684)






Contents of the Consolidated Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Group Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 4

Consolidated Statement of Comprehensive Income 6

Consolidated Balance Sheet 7

Company Balance Sheet 8

Consolidated Statement of Changes in Equity 9

Company Statement of Changes in Equity 10

Consolidated Cash Flow Statement 11

Notes to the Consolidated Cash Flow Statement 12

Notes to the Consolidated Financial Statements 13


Caterleisure Group Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Yvonne Clough
Louise Hodgson
Stuart Peacock
Peter O'Connell





REGISTERED OFFICE: 197-199 Main Street
Wilsden
Bradford
BD15 0HR





REGISTERED NUMBER: 14314684 (England and Wales)





AUDITORS: KJA Kilner Johnson Ltd (Statutory Auditors)
Network House
Stubs Beck Lane
Cleckheaton
BD19 4TT

Caterleisure Group Limited (Registered number: 14314684)

Group Strategic Report
for the Year Ended 31 October 2024

The directors present their strategic report of the company and the group for the year ended 31 October 2024.

REVIEW OF BUSINESS
The principal activity of the group in the year under review was that of bar, catering, and retail solutions for the travel and leisure industry.

The group has significantly exceeded its turnover target of £15,000,000. Operating profit for the year was £1,155,216, which is in line with managements expectations. The group have continued to invest in its rebranding project to ensure that its catering facilities continue to offer high quality, modern premises which can rival its competitors.

The group continues to feel the pressures of inflationary increases in costs such as minimum wage and national insurance. However, management are confident that they have robust pricing strategies in place to enable them to maintain their current gross profit and net profit margins.

PRINCIPAL RISKS AND UNCERTAINTIES
Financial, credit, liquidity and cashflow risk are considered low as the group has sufficient profitability and cash generation. Working capital is managed and constantly reviewed on a weekly basis. The group has a healthy balance sheet, which due to investment in the group assets, has set the motion for individual group companies to operate efficiently in the next financial year.

The major business risks have been inflation, and the announcement of National Insurance rises in the autumn budget.

KEY PERFORMANCE INDICATORS
The board monitors the progress of the group by reference to the following KPI's:

2024 2023
£ £
Turnover 18,086,956 14,953,410
Gross Profit Percentage 35.92% 32.83%
Operating Profit Percentage 6.39% 0.47%

The main non-financial KPI's are customer satisfaction resulting from repeat orders and customer feedback per site.

FUTURE DEVELOPMENTS
The group believes it is well placed to grow its turnover sustainably and increase its profitability.

ON BEHALF OF THE BOARD:





Stuart Peacock - Director


21 July 2025

Caterleisure Group Limited (Registered number: 14314684)

Report of the Directors
for the Year Ended 31 October 2024

The directors present their report with the financial statements of the company and the group for the year ended 31 October 2024.

PRINCIPAL ACTIVITY
The principal activity of the group in the year under review was that of bar, catering and retail solutions for the travel and leisure industry.

DIVIDENDS
An interim dividend of £0.736 per share was paid on 5 April 2024. The directors recommend a final dividend of £0.750 per share, making a total of £1.486 per share for the year ended 31 October 2024.

The total distribution of dividend for the year ended 31 October 2024 will be £148,579.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 November 2023 to the date of this report.

Yvonne Clough
Louise Hodgson
Stuart Peacock
Peter O'Connell

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS
The auditors, KJA Kilner Johnson Ltd (Statutory Auditors), will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





Stuart Peacock - Director


21 July 2025

Report of the Independent Auditors to the Members of
Caterleisure Group Limited

Opinion
We have audited the financial statements of Caterleisure Group Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 October 2024 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the group's and of the parent company affairs as at 31 October 2024 and of the group's profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
- the parent company financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Report of the Independent Auditors to the Members of
Caterleisure Group Limited


Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

While planning our audit, we have made enquiries of management and those charged with governance around any actual or potential litigation and claims against the company for non-compliance with specific laws and regulations. The same has been done in respect of any instances of fraud or irregularities. The responses received have been communicated with the engagement team at the planning stage.

We have not been informed of any specific laws or regulatory related issues that could materially impact the financial statements in addition to this, there has been no suspected fraud or irregularities reported to us.

While planning our audit the engagement partner selected appropriately trained staff to be engaged in the audit and the team are allocated based on their competence and capabilities.

The audit work undertaken is a substantive work based audit approach, reviewing to source documentation where appropriate and includes a review and walkthrough of the systems which management have put in place. These tests are directional. Therefore, they are designed in a way to maximise audit effectiveness and the possible identification of any material fraud, irregularities, or instances of systems and procedure breaches. Our testing did not identify any issues that requires any additional reporting.

These tests and other areas of our audit work are designed to enhance our ability to detect cases of material fraud and certain irregularities. It should be noted that our audit is carried out using a material based approach and therefore does not test every transaction, as such it would not detect all instances of irregularities and specifically fraud which is inherently more difficult to detect.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Raza Effendi MBA FCA (Senior Statutory Auditor)
for and on behalf of KJA Kilner Johnson Ltd (Statutory Auditors)
Network House
Stubs Beck Lane
Cleckheaton
BD19 4TT

21 July 2025

Caterleisure Group Limited (Registered number: 14314684)

Consolidated
Statement of Comprehensive
Income
for the Year Ended 31 October 2024

Period
24.8.22
Year Ended to
31.10.24 31.10.23
Notes £    £   

TURNOVER 18,086,956 14,953,410

Cost of sales 11,600,511 10,053,618
GROSS PROFIT 6,486,445 4,899,792

Administrative expenses 5,461,115 4,831,331
1,025,330 68,461

Other operating income 129,886 2,068
OPERATING PROFIT 4 1,155,216 70,529

Income from current asset
investments 14,000 6,870
1,169,216 77,399

Interest payable and similar expenses 5 24,004 21,726
PROFIT BEFORE TAXATION 1,145,212 55,673

Tax on profit 6 31,266 (63,982 )
PROFIT FOR THE FINANCIAL YEAR 1,113,946 119,655

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME FOR
THE YEAR

1,113,946

119,655

Profit attributable to:
Owners of the parent 1,113,946 119,655

Total comprehensive income attributable to:
Owners of the parent 1,113,946 119,655

Caterleisure Group Limited (Registered number: 14314684)

Consolidated Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 9 (773,554 ) (1,031,406 )
Tangible assets 10 2,261,122 2,043,757
Investments 11 - -
1,487,568 1,012,351

CURRENT ASSETS
Stocks 12 374,488 327,605
Debtors 13 267,300 273,411
Investments 14 836,094 729,280
Cash at bank and in hand 2,183,233 1,936,493
3,661,115 3,266,789
CREDITORS
Amounts falling due within one year 15 3,984,616 3,978,374
NET CURRENT LIABILITIES (323,501 ) (711,585 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,164,067

300,766

CREDITORS
Amounts falling due after more than one year 16 (77,778 ) (211,111 )

PROVISIONS FOR LIABILITIES 19 (31,267 ) -
NET ASSETS 1,055,022 89,655

CAPITAL AND RESERVES
Called up share capital 20 100,000 100,000
Fair value reserve 21 84,090 -
Retained earnings 21 870,932 (10,345 )
SHAREHOLDERS' FUNDS 1,055,022 89,655

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





Stuart Peacock - Director


Caterleisure Group Limited (Registered number: 14314684)

Company Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 9 - -
Tangible assets 10 - -
Investments 11 5,800,002 5,800,002
5,800,002 5,800,002

CURRENT ASSETS
Debtors 13 278,580 130,001

CREDITORS
Amounts falling due within one year 15 278,579 130,000
NET CURRENT ASSETS 1 1
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,800,003

5,800,003

CAPITAL AND RESERVES
Called up share capital 20 100,000 100,000
Other reserves 21 5,700,003 5,700,003
SHAREHOLDERS' FUNDS 5,800,003 5,800,003

Company's profit for the financial year 148,579 130,000

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





Stuart Peacock - Director


Caterleisure Group Limited (Registered number: 14314684)

Consolidated Statement of Changes in Equity
for the Year Ended 31 October 2024

Called up Fair
share Retained value Total
capital earnings reserve equity
£    £    £    £   

Changes in equity
Issue of share capital 100,000 - - 100,000
Dividends - (130,000 ) - (130,000 )
Total comprehensive income - 119,655 - 119,655
Balance at 31 October 2023 100,000 (10,345 ) - 89,655

Changes in equity
Dividends - (148,579 ) - (148,579 )
Total comprehensive income - 1,029,856 84,090 1,113,946
Balance at 31 October 2024 100,000 870,932 84,090 1,055,022

Caterleisure Group Limited (Registered number: 14314684)

Company Statement of Changes in Equity
for the Year Ended 31 October 2024

Called up
share Retained Other Total
capital earnings reserves equity
£    £    £    £   

Changes in equity
Issue of share capital 100,000 - - 100,000
Dividends - (130,000 ) - (130,000 )
Total comprehensive income - 130,000 5,700,003 5,830,003
Balance at 31 October 2023 100,000 - 5,700,003 5,800,003

Changes in equity
Dividends - (148,579 ) - (148,579 )
Total comprehensive income - 148,579 - 148,579
Balance at 31 October 2024 100,000 - 5,700,003 5,800,003

Caterleisure Group Limited (Registered number: 14314684)

Consolidated Cash Flow Statement
for the Year Ended 31 October 2024

Period
24.8.22
Year Ended to
31.10.24 31.10.23
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 1,395,184 2,815,176
Interest paid (24,004 ) (21,726 )
Tax paid - 152,384
Net cash from operating activities 1,371,180 2,945,834

Cash flows from investing activities
Purchase of tangible fixed assets (772,653 ) (634,676 )
Purchase of listed investments - (746,178 )
Sale of tangible fixed assets 4,698 153,986
Fair value movement on investments (106,813 ) -
Dividends received 14,000 6,870
Net cash from investing activities (860,768 ) (1,219,998 )

Cash flows from financing activities
New loans in year - 477,777
Loan repayments in year (133,333 ) (133,333 )
Amount introduced by directors 18,240 20,000
Amount withdrawn by directors - (23,787 )
Equity dividends paid (148,579 ) (130,000 )
Net cash from financing activities (263,672 ) 210,657

Increase in cash and cash equivalents 246,740 1,936,493
Cash and cash equivalents at beginning of year 2 1,936,493 -

Cash and cash equivalents at end of year 2 2,183,233 1,936,493

Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Cash Flow Statement
for the Year Ended 31 October 2024

1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

Period
24.8.22
Year Ended to
31.10.24 31.10.23
£    £   
Profit before taxation 1,145,212 55,673
Depreciation charges 251,455 550,715
Loss on disposal of fixed assets 41,756 42,209
Loss on revaluation of fixed assets - 23,768
- (257,852 )
Finance costs 24,004 21,726
Finance income (14,000 ) (6,870 )
1,448,427 429,369
Increase in stocks (47,356 ) (327,605 )
Decrease/(increase) in trade and other debtors 6,111 (273,411 )
(Decrease)/increase in trade and other creditors (11,998 ) 2,986,823
Cash generated from operations 1,395,184 2,815,176

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 October 2024
31.10.24 1.11.23
£    £   
Cash and cash equivalents 2,183,233 1,936,493
Period ended 31 October 2023
31.10.23 24.8.22
£    £   
Cash and cash equivalents 1,936,493 -


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.11.23 Cash flow At 31.10.24
£    £    £   
Net cash
Cash at bank and in hand 1,936,493 246,740 2,183,233
1,936,493 246,740 2,183,233

Liquid resources
Current asset investments 729,280 106,814 836,094
729,280 106,814 836,094
Debt
Debts falling due within 1 year (133,333 ) - (133,333 )
Debts falling due after 1 year (211,111 ) 133,333 (77,778 )
(344,444 ) 133,333 (211,111 )
Total 2,321,329 486,887 2,808,216

Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Caterleisure Group 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 General 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Basis of consolidation
The consolidated financial statements include the results of the Company and all its subsidiary undertakings made up to the same accounting date. All intra-Group balances, transactions, income and expenses are eliminated in full on consolidation. The results of subsidiary undertakings acquired or disposed of during the period are included or excluded from the consolidated income statement from the effective date of acquisition or disposal.

Significant judgements and estimates
In the application of the company's accounting policies, which are described in note 2, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised id the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

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

Negative goodwill
Negative goodwill arising on consolidation is been recognised in the profit and loss over its estimated useful economic life of 5 years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Short leasehold - 33% reducing balance, 25% reducing balance, 20% reducing balance, 20% straight line, 10% reducing balance and 10% straight line
Fixtures and fittings - 33% reducing balance, 25% reducing balance, 20% reducing balance, 20% straight line and 10% reducing balance
Motor vehicles - 25% straight line and 25% reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Statement of Comprehensive Income, 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.


Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued
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.

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

3. EMPLOYEES AND DIRECTORS
Period
24.8.22
Year Ended to
31.10.24 31.10.23
£    £   
Wages and salaries 6,035,221 5,114,190
Social security costs 372,771 323,715
Other pension costs 107,975 92,179
6,515,967 5,530,084

The average number of employees during the year was as follows:
Period
24.8.22
Year Ended to
31.10.24 31.10.23

Average group employees 300 276

Period
24.8.22
Year Ended to
31.10.24 31.10.23
£    £   
Directors' remuneration 253,897 250,574

Information regarding the highest paid director is as follows:
Period
24.8.22
Year Ended to
31.10.24 31.10.23
£    £   
Emoluments etc 94,729 91,850

Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 31 October 2024

4. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

Period
24.8.22
Year Ended to
31.10.24 31.10.23
£    £   
Hire of plant and machinery 5,990 5,505
Other operating leases 1,884,281 1,577,443
Depreciation - owned assets 518,306 550,715
Loss on disposal of fixed assets 41,756 42,209
Goodwill amortisation (257,852 ) (257,852 )
Auditors' remuneration 10,000 10,000

5. INTEREST PAYABLE AND SIMILAR EXPENSES
Period
24.8.22
Year Ended to
31.10.24 31.10.23
£    £   
Bank loan interest 24,004 21,726

6. TAXATION

Analysis of the tax charge/(credit)
The tax charge/(credit) on the profit for the year was as follows:
Period
24.8.22
Year Ended to
31.10.24 31.10.23
£    £   
Current tax:
Over provision n prior year - (145,926 )

Deferred tax 31,266 81,944
Tax on profit 31,266 (63,982 )

7. INDIVIDUAL STATEMENT OF COMPREHENSIVE INCOME

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


8. DIVIDENDS
Period
24.8.22
Year Ended to
31.10.24 31.10.23
£    £   
Ordinary shares of 1 each
Final 148,579 130,000

Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 31 October 2024

9. INTANGIBLE FIXED ASSETS

Group
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 (1,289,258 )
AMORTISATION
At 1 November 2023 (257,852 )
Amortisation for year (257,852 )
At 31 October 2024 (515,704 )
NET BOOK VALUE
At 31 October 2024 (773,554 )
At 31 October 2023 (1,031,406 )

10. TANGIBLE FIXED ASSETS

Group
Fixtures
Freehold Short and Motor
property leasehold fittings vehicles Totals
£    £    £    £    £   
COST
At 1 November 2023 382,500 1,436,003 101,746 192,065 2,112,314
Additions - 463,246 229,072 80,335 772,653
Disposals - (23,604 ) (13,378 ) - (36,982 )
At 31 October 2024 382,500 1,875,645 317,440 272,400 2,847,985
DEPRECIATION
At 1 November 2023 - 114,224 (65,940 ) 20,273 68,557
Charge for year - 345,401 162,013 10,892 518,306
At 31 October 2024 - 459,625 96,073 31,165 586,863
NET BOOK VALUE
At 31 October 2024 382,500 1,416,020 221,367 241,235 2,261,122
At 31 October 2023 382,500 1,321,779 167,686 171,792 2,043,757

11. FIXED ASSET INVESTMENTS

Company
Shares in
group
undertakings
£   
COST
At 1 November 2023
and 31 October 2024 5,800,002
NET BOOK VALUE
At 31 October 2024 5,800,002
At 31 October 2023 5,800,002

Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 31 October 2024

11. FIXED ASSET INVESTMENTS - continued

The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

Caterleisure Limited
Registered office: 197/199 Main Street, Wilsden, Bradford, West Yorkshire, BD15 0HR
Nature of business: Operating unlicensed cafes
%
Class of shares: holding
Ordinary 100.00

Caterleisure Services Limited
Registered office: 197/199 Main Street, Wilsden, Bradford, West Yorkshire, BD15 0HR
Nature of business: Operating unlicensed cafes
%
Class of shares: holding
Ordinary 100.00

Caterservice Limited
Registered office: 197/199 Main Street, Wilsden, Bradford, West Yorkshire, BD15 0HR
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00

Caterleisure (Isle of Man) Limited
Registered office: Isle of Man Airport, Ballasalla, Isle of Man, IM9 2AS
Nature of business: Food services
%
Class of shares: holding
Ordinary 100.00

Caterleisure (Guernsey) Limited
Registered office: Guernsey Airport, La Villaize Forest, Guernsey, Channel Islands, GY8 0DS
Nature of business: Food services.
%
Class of shares: holding
Ordinary 100.00

For the period ending 31 October 2024 Caterleisure Group Limited has provided a guarantee to
Caterleisure Limited and Caterleisure Services Limited under section 479C of the Companies Act 2006.

For the period ended 31 October 2024 the following subsidiaries are entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary accounts:
Caterleisure Limited
Caterleisure Services Limited


12. STOCKS

Group
2024 2023
£    £   
Stocks 374,488 327,605

Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 31 October 2024

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
2024 2023 2024 2023
£    £    £    £   
Trade debtors 161,606 141,923 - -
Amounts owed by group undertakings - - 278,579 130,000
Other debtors 3,995 925 - -
Directors' current accounts - - 1 1
Prepayments 101,699 130,563 - -
267,300 273,411 278,580 130,001

14. CURRENT ASSET INVESTMENTS

Group
2024 2023
£    £   
Listed investments 836,094 729,280

Market value of listed investments held by the group at 31 October 2024 - £836,094 (2023 - £729,280).

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
2024 2023 2024 2023
£    £    £    £   
Bank loans and overdrafts (see note 17) 133,333 133,333 - -
Trade creditors 1,197,225 1,418,066 - -
Amounts owed to group undertakings - - 278,579 130,000
Social security and other taxes 100,537 89,659 - -
VAT 381,867 366,200 - -
Other creditors 932,563 729,583 - -
Directors' current accounts 144,452 126,212 - -
Accrued expenses 1,094,639 1,115,321 - -
3,984,616 3,978,374 278,579 130,000

16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Group
2024 2023
£    £   
Bank loans (see note 17) 77,778 211,111

Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 31 October 2024

17. LOANS

An analysis of the maturity of loans is given below:

Group
2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 133,333 133,333
Amounts falling due between one and two years:
Bank loans - 1-2 years 77,778 133,333
Amounts falling due between two and five years:
Bank loans - 2-5 years - 77,778

18. SECURED DEBTS

The following secured debts are included within creditors:

Group
2024 2023
£    £   
Bank loans 211,111 344,444

The bank loans are secured by a fixed and floating charge over all the property and assets held by the company.

19. PROVISIONS FOR LIABILITIES

Group
2024 2023
£    £   
Deferred tax 31,267 -

Group
Deferred
tax
£   
Charge to Statement of Comprehensive Income during year 31,267
Balance at 31 October 2024 31,267

20. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100,000 Ordinary 1 100,000 100,000

Caterleisure Group Limited (Registered number: 14314684)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 31 October 2024

21. RESERVES

Group
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 November 2023 (10,345 ) - (10,345 )
Profit for the year 1,113,946 1,113,946
Dividends (148,579 ) (148,579 )
Transfer between reserves (84,090 ) 84,090 -
At 31 October 2024 870,932 84,090 955,022

Company
Retained Other
earnings reserves Totals
£    £    £   

At 1 November 2023 - 5,700,003 5,700,003
Profit for the year 148,579 148,579
Dividends (148,579 ) (148,579 )
At 31 October 2024 - 5,700,003 5,700,003


22. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Stuart Peacock, director and shareholder.