The notes on pages 3 to 7 form part of these 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 notes on pages 3 to 7 form part of these financial statements.

BB NH Limited is a private company limited by shares incorporated in England and Wales. The registered office is Third Floor, 20 Old Bailey, London, EC4M 7AN.

The financial statements present information for the period from incorporation on 20 March 2024 to 31 December 2024.

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 financial statements have been prepared on a going concern basis, which assumes that the company will continue its operations for the foreseeable future.true

As at the balance sheet date, the company had net current liabilities of £1,989,880. The company is in the process of developing a leasehold property intended to operate as a restaurant and private members club, with an expected opening date of January 2026. Although the company incurred capital expenditure during the period, the majority of the development work has continued post year-end. The directors are confident that the business will generate significant profits once operational.

During the development phase and until the company becomes self-sufficient, it will rely on financial support from its parent company, ESRA Restaurants Holdings, and other group entities, particularly ESRA Hotels Limited. These group companies have committed to providing sufficient funding to ensure the company can meet its financial obligations, including those related to the development of the leasehold property, as they fall due for at least twelve months from the approval of these financial statements.

The directors have assessed the financial resources and liquidity of the parent and group entities, reviewing their most recent individual and consolidated financial statements, as well as the latest draft results. Based on this assessment, the directors are confident that the necessary financial support will be available to enable the company to meet its obligations as they fall due.

Accordingly, the directors have concluded that it is appropriate to prepare the financial statements on a going concern basis.

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 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.

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 is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost represents purchase price of goods for resale.

Cash and cash equivalents are basic financial assets and include cash in hand.

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 classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price and subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

There we no employees in the current period.

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 loss for the period 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.

Emphasis of matter

In forming our opinion on the financial statements, which is not qualified, we have considered the adequacy of the disclosures made in note 2.3 to the financial statements, concerning the company’s ability to continue as a going concern. The company is reliant on the support of its parent undertaking, ESRA Restaurants Holdings Limited and other group companies.

In consequence of this support the company remains a going concern and therefore the accounts have been prepared on this basis.

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

At the balance sheet date the company had contracted capital commitments of £1,342,042 relating to the development of its leasehold property. These amounts had been contracted for but were not yet provided in the financial statements.

At the balance sheet date, the company owed £2,192,992 to its parent undertaking. This amount is unsecured, interest-free, and repayable on demand.

The parent company is ESRA Restaurants Holdings Limited, incorporated in England and Wales. ESRA Holdings Limited is the parent of the smallest group for which consolidated accounts including BB NH Limited are drawn up, and copies of these accounts can be obtained from its registered office at Third Floor, 20 Old Bailey, London, EC4M 7AN.