REGISTERED NUMBER: 07142929 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements

for the Year Ended 31 March 2025

for

CLEVEDON HALL LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

5

Income Statement

9

Other Comprehensive Income

10

Balance Sheet

11

Statement of Changes in Equity

12

Cash Flow Statement

13

Notes to the Cash Flow Statement

14

Notes to the Financial Statements

16

DIRECTORS:

J L McCarthy

J A T Stathers

REGISTERED OFFICE:

Clevedon Hall

Victoria Road

Clevedon

BS21 7RQ

REGISTERED NUMBER:

07142929 (England and Wales)

AUDITORS:

Gravita Audit Western Limited

Chartered Accountants & Registered Auditors

6-8 Bath Street

Bristol

BS1 6HL

Review of Business

The directors regard Revenue, EBITDA and Profit Before Tax as the principal performance indicators of the business. They are pleased with the company's performance for the year ended 2025, noting that revenue and EBITDA were consistent with budget expectations.

Our workforce remains one of our greatest strengths. Staff retention is high, with a gender breakdown of 52% female and 48% male. Importantly, 40% of our team are under 21, demonstrating our commitment to offering early career opportunities within the hospitality and events sector. The Directors are proud of the dedication, professionalism, and enthusiasm shown by all staff, who play a crucial role in delivering exceptional experiences for our guests.

Overall, the Directors remain highly positive about the future prospects of the company.

Financial KPIs

This result has increased our revenues and profits since fully re-opening the business following the pandemic. The KPIs considered by the directors are:

Unit

2025

2024

Turnover

£'000

2,550

2,650

Gross profit

£'000

1,319

1,455

Profit before tax

£'000

88

302

These indicators support informed decision-making and allow the Directors to manage resources responsibly while supporting future investment in the venue and service offerings.

Business Strategy

The company's strategic objective is to further broaden its client base both within the United Kingdom and internationally. This is being achieved through continued investment in brand exposure at major industry events, most notably a leading wedding show in London, as well as the enhancement of our digital presence across respected, high-impact platforms within our sector.

These actions are designed to strengthen brand recognition, increase enquiry levels, and ensure Clevedon Hall remains a market-leading wedding and events venue.

Business environment

Clevedon Hall is located in Clevedon, North Somerset, neighbouring economically active areas such as Bristol, Taunton, and Weston-super-Mare. This strategic location provides access to a strong regional market while also attracting clients from across the wider UK.

Sustainability

Clevedon Hall is committed to operating responsibly and sustainably, ensuring that environmental considerations remain central to the way we run our business. We are proud to partner with Green Tourism and currently hold a Green Grading, reflecting our commitment to delivering a high-quality customer experience while upholding strong environmental values.

Several initiatives have been developed during the year to further strengthen our sustainability practices:

- Beekeeping and Biodiversity: A number of team members have undertaken beekeeping training, and we are delighted to report the introduction of our first on-site beehives during the year. We expect to harvest our first batch of honey shortly, supporting biodiversity across our grounds and contributing to a healthier ecosystem.

- Low-Carbon Heating: The building is heated using biomass pellets, significantly reducing our carbon footprint compared with traditional heating methods.

Sustainability is a core value of Clevedon Hall, and the Directors are committed to progressing these initiatives further to ensure that the business remains environmentally responsible and aligned with the expectations of our guests, staff, and community.

Awards, Recognition and Online Standing

Clevedon Hall has achieved significant recognition within the wedding and events industry. The Directors are pleased to highlight the following achievements:

- Bridebook Platinum Award 2023 - recognising excellence in service, client experience, and venue quality.

- Hitched Wedding Awards 2022, 2024 and 2025 - awarded in recognition of outstanding client reviews and service standards.

- Unsung Hero Award - Night of the Stars 2025 - presented to a valued member of our Gardens Team, acknowledging exceptional dedication and a positive impact on guests and couples.

Our online reviews remain extremely strong and continue to support our market position:

- Hitched: 5.0 / 5.0

- Bridebook: 5.0 / 5.0

- Google Reviews: 4.7 / 5.0

These awards and ratings reflect the commitment and professionalism of our entire team. The Directors are incredibly proud of what the staff achieve daily to make every couple's day truly unforgettable.

PRINCIPAL RISKS AND UNCERTAINTIES

The company's performance is closely linked to the level of confirmed future events, particularly weddings. A number of external economic factors may influence this, including:

- Labour market shortages

- Cost-of-living pressures affecting client discretionary spending

- Increases in food, energy, and supply chain costs

The Directors actively manage these risks through ongoing cash-flow monitoring, forecasting, and cost-control measures designed to support business resilience and long-term sustainability.

ON BEHALF OF THE BOARD:

J L McCarthy - Director

11 December 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIVIDENDS

No dividends will be distributed for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

J L McCarthy

J A T Stathers

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the 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 of the profit or loss of the company 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 transactions and disclose with reasonable accuracy at any time the financial position of the company 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 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 company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Gravita Audit Western Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

J L McCarthy - Director

11 December 2025

Opinion

We have audited the financial statements of Clevedon Hall Limited (the 'company') for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the 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 company's affairs as at 31 March 2025 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 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 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 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 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 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 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 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 company and its environment obtained in the course of the audit, we have not identified material misstatements in the 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, or returns adequate for our audit have not been received from branches not visited by us; or

-	the 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.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page four, 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 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 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.

Irregularities, including fraud, are instances on non-compliance with laws and regularities. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

- We obtained an understanding of the legal and regulatory frameworks applicable to the Company and the sector in which it operates. We determined that the following laws and regulations were most significant: The Companies Act 2006, UK GAAP, UK corporate tax law and Occupational Health and Safety regulations.

- We obtained an understanding of how the Company are complying with those legal and regulatory frameworks and made enquiries to the management of known or suspected instances of fraud and non-compliance with laws and regulations. We corroborated our enquiries through our review of board minutes, other relevant meeting minutes and review of correspondence with regulatory bodies.

- We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the audit team included:

- Identifying and assessing the controls management has in place to prevent and detect fraud;

- Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;

- Challenging assumptions and judgments made by management in its significant accounting estimates and judgments, in particular depreciation, accruals and prepayments;

- Identifying and testing journal entries, in particular journal entries posted with unusual account combinations; and

- Assessing the extent of compliance with the relevant laws and regulations.

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations are from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusions.

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.

Matthew Bracher BSc FCA (Senior Statutory Auditor)

for and on behalf of Gravita Audit Western Limited

Chartered Accountants & Registered Auditors

6-8 Bath Street

Bristol

BS1 6HL

11 December 2025

TURNOVER

3

2,550,800

2,649,629

Cost of sales

(1,231,819

)

(1,159,572

)

GROSS PROFIT

1,318,981

1,490,057

Administrative expenses

(1,228,162

)

(1,170,875

)

90,819

319,182

Other operating income

4,972

-

OPERATING PROFIT

5

95,791

319,182

Interest receivable and similar income

6,725

-

102,516

319,182

Interest payable and similar expenses

6

(14,717

)

(16,696

)

PROFIT BEFORE TAXATION

87,799

302,486

Tax on profit

7

(27,520

)

(83,805

)

PROFIT FOR THE FINANCIAL YEAR

60,279

218,681

PROFIT FOR THE YEAR

60,279

218,681

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

60,279

218,681

FIXED ASSETS

Tangible assets

8

5,726,723

5,802,165

CURRENT ASSETS

Stocks

9

25,306

25,377

Debtors

10

386,627

427,695

Cash at bank and in hand

852,748

857,706

1,264,681

1,310,778

CREDITORS

Amounts falling due within one year

11

(1,778,611

)

(1,535,907

)

NET CURRENT LIABILITIES

(513,930

)

(225,129

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,212,793

5,577,036

CREDITORS

Amounts falling due after more than one year

12

(3,470,870

)

(3,895,392

)

NET ASSETS

1,741,923

1,681,644

CAPITAL AND RESERVES

Called up share capital

15

10,100

10,100

Share premium

16

1,990,000

1,990,000

Retained earnings

16

(258,177

)

(318,456

)

SHAREHOLDERS' FUNDS

1,741,923

1,681,644

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

J L McCarthy - Director

Called up

share

Retained

Share

Total

capital

earnings

premium

equity

£

£

£

£

Balance at 1 April 2023

10,100

(537,137

)

1,990,000

1,462,963

Changes in equity

Profit for the year

-

218,681

-

218,681

Total comprehensive income

-

218,681

-

218,681

Balance at 31 March 2024

10,100

(318,456

)

1,990,000

1,681,644

Changes in equity

Profit for the year

-

60,279

-

60,279

Total comprehensive income

-

60,279

-

60,279

Balance at 31 March 2025

10,100

(258,177

)

1,990,000

1,741,923

Cash flows from operating activities

Cash generated from operations

1

487,995

653,903

Interest paid

(14,717

)

(16,696

)

Net cash from operating activities

473,278

637,207

Cash flows from investing activities

Purchase of tangible fixed assets

(77,483

)

(50,979

)

Sale of tangible fixed assets

-

6,870

Interest received

6,725

-

Net cash from investing activities

(70,758

)

(44,109

)

Cash flows from financing activities

Loan repayments in year

-

(12,500

)

Repayment of long term loans

(407,478

)

(173,431

)

Net cash from financing activities

(407,478

)

(185,931

)

(Decrease)/increase in cash and cash equivalents

(4,958

)

407,167

Cash and cash equivalents at beginning of year

2

857,706

450,539

Cash and cash equivalents at end of year

2

852,748

857,706

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

2025

2024

£

£

Profit before taxation

87,799

302,486

Depreciation charges

152,925

148,588

Loss on disposal of fixed assets

-

133

Finance costs

14,717

16,696

Finance income

(6,725

)

-

248,716

467,903

Decrease in stocks

71

3,868

Decrease/(increase) in trade and other debtors

41,068

(6,123

)

Increase in trade and other creditors

198,140

188,255

Cash generated from operations

487,995

653,903

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 March 2025

31.3.25

1.4.24

£

£

Cash and cash equivalents

852,748

857,706

Year ended 31 March 2024

31.3.24

1.4.23

£

£

Cash and cash equivalents

857,706

450,539

3.	ANALYSIS OF CHANGES IN NET DEBT

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank and in hand

857,706

(4,958

)

852,748

857,706

(4,958

)

852,748

Debt

Debts falling due within 1 year

(61,373

)

(17,044

)

(78,417

)

Debts falling due after 1 year

(3,895,392

)

424,522

(3,470,870

)

(3,956,765

)

407,478

(3,549,287

)

Total

(3,099,059

)

402,520

(2,696,539

)

1.	COMPANY INFORMATION

Clevedon Hall 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 Company Information page.

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" ("FRS 102") and the requirements of the Companies Act 2006.

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 on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

The financial statements have been prepared on a going concern basis. Despite the company showing net liabilities of £230,657 the directors have reviewed and considered relevant information, including the annual budget and future cash flows, in making the assessment of going concern. Included in net liabilities is a net amount of £3,278,535 owed to the shareholders by way of a loan. The directors believe that it is highly unlikely that this amount will be payable in circumstances that mean other liabilities that are falling due for payment will not be satisfied. As such, the directors believe that for the foreseeable future, the company will be in a position to satisfy all such external liabilities due.Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount 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 may 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 where the revision affects only that period, or in the period of the revision and future periods where 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 or other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that the risks and rewards of the ownership have transferred to them. 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 the work performed to date to the total estimated contract costs.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion of the contract at the reporting date, provided that the stage of completion, costs incurred and costs to complete can be measured reliably. The stage of completion is determined by comparing costs incurred to date, primarily relating to contractual staff hours and materials, with the total estimated costs of the contract.

Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of costs incurred that are considered recoverable.

Tangible fixed assets

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:

Land and buildings freehold

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and net realisable value. Cost comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation

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

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.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

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

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Retirement benefits

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

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by class of business is given below:

2025

2024

£

£

Hospitality

2,550,800

2,649,629

2,550,800

2,649,629

An analysis of turnover by geographical market is given below:

2025

2024

£

£

United Kingdom

2,550,800

2,649,629

2,550,800

2,649,629

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

1,213,928

1,087,700

Social security costs

90,602

78,475

Other pension costs

22,145

19,708

1,326,675

1,185,883

The average number of employees during the year was as follows:

2025

2024

Average monthly employees

85

88

2025

2024

£

£

Directors' remuneration

80,938

69,000

Directors' pension contributions to money purchase schemes

1,321

1,321

5.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Hire of plant and machinery

8,451

1,699

Depreciation - owned assets

152,925

148,588

Loss on disposal of fixed assets

-

133

Auditor's remuneration

10,000

12,000

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Interest on related party loan

14,717

16,696