For the financial year ended 31 December 2024 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 of its financial statements for the year in question in accordance with section 476.

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.

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 income statement within the financial statements.true

The Red Lion (WHG) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Moor Hall Hotel, Moor Hall Drive, Sutton Coldfield, West Midlands, United Kingdom, B75 6LN.

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.

The directors, having assessed the responses of the directors of Webb Hotel Group Limited to their enquires, have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company and its Group to continue as a going concern. On this basis, the directors of Webb Hotel Group Limited have given assurance that continued financial support will be forthcoming to the Company.

Having assessed the Company's financial position, profit, and cash flow projections, applying suitable sensitivities, and the enquiries and assurances made of the directors of Webb Hotel Group Limited, the Company's directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future and therefore, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 5 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

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:

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

The company has given an unlimited guarantee in respect of group borrowing from Clydesdale Bank plc. The total net group borrowings at the year end were £6,757,664 (2023 - £6,488,671 ).

The ultimate holding company is Webb Hotel Group Limited, a company incorporated in England. It's registered office is Moor Hall Hotel, Four Oaks, Sutton Coldfield, West Midlands, B75 6LN.