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

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

Quo Vadis Soho Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old Hall, Main Street, Market Overton, Rutland, LE15 7PL.

These financial statements have been prepared in accordance with applicable accounting standards including 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. These policies have been consistently applied to all years presented unless otherwise stated.

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern.

The company meets its day to day working capital requirements through the continued support of loans from its parent company, Harts Group Limited. The parent company have confirmed their continued financial support for the foreseeable future. Therefore, despite the insolvent balance sheet, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of financial support by the parent company.

Turnover is recognised at the fair value of the consideration received or receivable for goods and services

provided in the normal course of business, net of VAT, and comprises;

• the sale of food and beverages, which are recognised at the point of sale.

• membership income, which is recognised on the date that the membership is issued.

• sponsorship income, which is recognised in line with the conditions stipulated in the sponsorship contracts.

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 15 years.

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset, or the asset's cash generating unit is estimated and compared to the carrying amount in order to determine the extent of the impairment loss (if any). Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit and loss account unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Stocks are stated at the lower of cost and estimated selling price on a first in first out basis. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Debtors and creditors with no stated interest rate and receivable or payable within one year are measured at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Rentals payable under operating leases, including any lease incentives received, are charged to the profit and loss account on a straight line basis over the term of the relevant lease.

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

As the profit and loss account 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 was qualified and the auditor reported as follows:

Qualified opinion

We have audited the financial statements of Quo Vadis Soho Limited (the 'company') for the year ended 31 July 2024 which comprise , the Balance Sheet and notes to the financial statements, including 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, except for the effects of the matter described in the Basis for qualified opinion section of our report, the financial statements:

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

Basis for qualified opinion

We were not able to verify inventory held in bond as at 31 July 2024 to third party documentation. We were unable to satisfy ourselves by alternative means concerning the inventory quantities held in bond at 31 July 2024, which are included in the balance sheet at £168,149, by using other audit procedures. Consequently we were unable to determine whether any adjustment to this amount was necessary.

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 Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company 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 qualified opinion.

Material uncertainty related to going concern

We draw attention to note 1.2 of the financial statements, which indicates that the company's ability to continue trading is reliant on the financial support provided by fellow group undertakings. These conditions indicate that a material uncertainty exists that may cast doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

Under the terms of an unlimited interlocking guarantee, Harts Group Ltd, Quo Vadis Soho Limited, Fino Restaurant Limited, Barrafina Limited and Leoni's Quo Vadis Limited jointly and severally undertook to satisfy on demand all sums owing to the bank by the other parties to the agreement. As at 31 July 2024 the net amounts owing to the bank totalled £749,741 (2023 - £987,384) by Harts Group Ltd, £Nil (2023 - £Nil) by Quo Vadis Soho Limited, £Nil (2023 - £Nil) by Fino Restaurant Limited, £Nil (2023 - £Nil) by Barrafina Limited and £Nil (2023 - £Nil) by Leoni's Quo Vadis Limited.

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

The parent undertaking for which consolidated accounts are prepared is Harts Group Ltd, a company registered in England and Wales. Consolidated accounts are publicly available from Companies House, Cardiff.

The registered address of Harts Group Ltd is the same as the company's registered office address as given in the company information page of these financial statements.