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

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

Sim Trava Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2nd Floor, Suite B, Garden Place, 4-12 Victoria Street, Altrincham, United Kingdom, WA14 1ET.

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 are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

The company is a member of the Sim Trava Group which operates a network of 48 Costa Coffee franchises in the North West. There is an associated company, Sim Trava (North East) Limited operating a network of 9 Costa Coffee franchises in the North East. Funding for all of the Group and associated company trueis provided through a central facility with the company’s bankers. During the year, the Sim Trava Group, has made a pre-tax loss of £264k (2023 - £821k) after charging depreciation and amortisation of £1,712k (2023 - £1,852k) resulting in an increase to the Group’s deficit on shareholders’ funds to £3,911k (2023 - £3,138k). Notwithstanding these accumulated losses, the Directors consider that it is appropriate to prepare the financial statements on a going concern basis taking into account the following matters :

• The accounts reflect a period of continuing development following the completion of the acquisition of 17 stores from Costa in 2022.

• In July 2025, the Group completed an acquisition which included a further 21 stores. In addition to this, there have been 2 further stores opened taking the total number of stores across the Sim Trava Group and its associated company to 80.

• The Directors believe that they have an established infrastructure to support the growth of the Group without any requirement to increase the central administrative overhead.

• In July 2025, in support of this growth, the Group’s bankers agreed a new overall loan facility of £16.9m to consolidate the existing loans including £7.4m towards acquisitions and new store openings. The loans are amortised over 10 years.

• The Group have made all loan repayments in accordance with the terms of the loan agreements.

• The Directors maintain rolling cash flow forecasts taking account of these facilities and based on the current portfolio of Costa Coffee stores.

Based on these discussions, the Directors have updated their forecasts covering the period to 31st December 2026. On the basis of these forecasts, they consider that the Group can continue to operate within the facilities agreed with the bank and it is, therefore, appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the basis of preparation being inappropriate.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Cash and cash equivalents are represented by cash in hand.

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

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

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its 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.

The company is subject to an unlimited composite guarantee with its bankers. The guarantee secures the liabilities of Sim Trava Group Limited, Sim Trava Holdings Limited, Sim Trava Property Limited, Sim Trava Property Holdings Limited, Sim Trava Central Services Limited, Tilly's Coffee Limited, North West Coffee Limited, Sim Trava Limited, Sim Trava Coffee Limited, Sim Trava (North West) Limited and Sim Trava (North East) Limited. At 31 December 2024 the total amount of liabilities was £9,028,864 (2023 - £9,721,971).

On 17th July 2025, the Group completed the acquisition of 21 stores from the QFM Group. In addition to this, there have been 2 further stores opened taking the total number of stores across the Sim Trava Group and its associated company to 80.

In July 2025, in support of this growth, the Group’s bankers agreed a new overall loan facility of £16.9m to consolidate the existing loans including a further £7.4m towards acquisitions and new store openings. The loans are amortised over 10 years.

The ultimate controlling parties are Mr SM and Mrs TA Vardy, the directors of the ultimate parent company, Sim Trava Group Limited, by virtue of their controlling interest in that company. The immediate parent company is North West Coffee Ltd.

The parent company of the largest and smallest group that includes the company and for which group financial statements are prepared is Sim Trava Group Limited. Copies of Sim Trava Group Limited financial statements can be obtained from the registered office at 2nd Floor, Suite B, Garden Place, 4-12 Victoria Street, Altrincham, WA14 1ET.