Contents of the Financial Statements

for the Period Ended 30 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 30 March 2025

The directors present their report with the financial statements of the company for the period ended 30 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 30 March 2025

C Tweddell
S Robinson
J O'Riordan
C Curry
N Crossley

The director shown below has held office during the period of
16 August 2024 to 30 March 2025

A Jayawickrema

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
5 September 2025

And signed on behalf of the board by:
Name: A Jayawickrema
Status: Director

Profit And Loss Account

for the Period Ended 30 March 2025

	2025	2024
	£	£
Turnover:	84,308,860	93,657,953
Cost of sales:	( 52,138,665 )	( 54,473,822 )
Gross profit(or loss):	32,170,195	39,184,131
Distribution costs:	0	0
Administrative expenses:	( 42,088,777 )	( 37,195,157 )
Operating profit(or loss):	(9,918,582)	1,988,974
Interest receivable and similar income:	80,321	53,014
Interest payable and similar charges:	( 327,025 )	( 180,729 )
Profit(or loss) before tax:	(10,165,286)	1,861,259
Tax:	2,142,943	( 710,093 )
Profit(or loss) for the financial year:	(8,022,343)	1,151,166

Balance sheet

As at 30 March 2025

	Notes	2025	2024
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:		0	0
Tangible assets:	3	29,110,461	35,655,075
Investments:		0	0
Total fixed assets:		29,110,461	35,655,075
Current assets
Stocks:	4	1,359,131	1,230,056
Debtors:	5	4,169,028	3,221,651
Cash at bank and in hand:		2,130,028	2,411,581
Investments:		0	0
Total current assets:		7,658,187	6,863,288
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	6	( 20,309,803 )	( 16,993,275 )
Net current assets (liabilities):		(12,651,616)	(10,129,987)
Total assets less current liabilities:		16,458,845	25,525,088
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		( 1,830,048 )	( 1,109,256 )
Accruals and deferred income:		( 2,038,631 )	( 4,079,693 )
Total net assets (liabilities):		12,590,166	20,336,139
Capital and reserves
Called up share capital:		1,849,410	1,849,410
Share premium account:		0	0
Other reserves:		(2,200,000)	(2,200,000 )
Profit and loss account:		12,940,756	20,686,729
Total Shareholders' funds:		12,590,166	20,336,139

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  Turnover comprises revenue recognised by the Company in respect of sales to customers in the restaurant businesses during the period, net of discounts and sales taxes. Revenue is recognised at a point in time when control of the goods is transferred to the customer. Where cash is received from customers in exchange for a gift card; revenue is initially recognised as deferred income on the balance sheet. The revenue is then recognised on redemption of the gift card for goods supplied by our restaurants.

  Tangible fixed assets depreciation policy

  Tangible assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis: Leasehold property - Over the length of the lease Fixtures and fittings, equipment - 3 to 10 years straight line The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

  Other accounting policies

  non-recurring administrative expenses and income, pre-opening costs, government grants, employee benefits, share-based payments, operating leases, interest income, current and deferred taxation, impairment of assets, stocks, debtors, cash & cash equivalents, financial instruments, credits, borrowing costs, provisions for liablities,

Notes to the Financial Statements

for the Period Ended 30 March 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	2,042	2,147