PTP Accounts Production v25.3.0.601 11145587 Board of Directors 30.6.25 1.7.24 30.6.25 30.6.25 Medium entities These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. true true false true true false false false true false Ordinary shares 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11145587 2024-06-30 11145587 2025-06-30 11145587 2024-07-01 2025-06-30 11145587 2023-06-30 11145587 2023-07-01 2024-06-30 11145587 2024-06-30 11145587 ns15:EnglandWales 2024-07-01 2025-06-30 11145587 ns14:PoundSterling 2024-07-01 2025-06-30 11145587 ns10:Director1 2024-07-01 2025-06-30 11145587 ns10:Consolidated 2025-06-30 11145587 ns10:ConsolidatedGroupCompanyAccounts 2024-07-01 2025-06-30 11145587 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 11145587 ns10:Consolidated ns10:MediumEntities 2024-07-01 2025-06-30 11145587 ns10:Consolidated ns10:Audited 2024-07-01 2025-06-30 11145587 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 11145587 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 11145587 ns10:Consolidated 2024-07-01 2025-06-30 11145587 ns10:Consolidated ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 11145587 ns10:Medium-sizedCompaniesRegimeForAccounts ns10:Consolidated 2024-07-01 2025-06-30 11145587 ns10:FullAccounts 2024-07-01 2025-06-30 11145587 1 2024-07-01 2025-06-30 11145587 ns10:OrdinaryShareClass1 2024-07-01 2025-06-30 11145587 ns10:Director2 2024-07-01 2025-06-30 11145587 ns10:Director3 2024-07-01 2025-06-30 11145587 ns10:Director4 2024-07-01 2025-06-30 11145587 ns10:RegisteredOffice 2024-07-01 2025-06-30 11145587 ns10:Consolidated 2023-07-01 2024-06-30 11145587 ns5:CurrentFinancialInstruments 2025-06-30 11145587 ns5:CurrentFinancialInstruments 2024-06-30 11145587 ns5:Non-currentFinancialInstruments 2025-06-30 11145587 ns5:Non-currentFinancialInstruments 2024-06-30 11145587 ns5:ShareCapital 2025-06-30 11145587 ns5:ShareCapital 2024-06-30 11145587 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 11145587 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 11145587 ns5:ShareCapital 2023-06-30 11145587 ns5:RetainedEarningsAccumulatedLosses 2023-06-30 11145587 ns5:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 11145587 ns5:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 11145587 ns5:NetGoodwill 2024-07-01 2025-06-30 11145587 ns5:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 11145587 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-07-01 2025-06-30 11145587 ns5:LeaseholdImprovements 2024-07-01 2025-06-30 11145587 ns5:PlantMachinery 2024-07-01 2025-06-30 11145587 ns5:FurnitureFittings 2024-07-01 2025-06-30 11145587 ns5:ComputerEquipment 2024-07-01 2025-06-30 11145587 ns5:CostValuation 2024-06-30 11145587 ns5:AdditionsToInvestments 2025-06-30 11145587 ns5:CostValuation 2025-06-30 11145587 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 11145587 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30 11145587 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-06-30 11145587 ns10:OrdinaryShareClass1 2025-06-30

REGISTERED NUMBER: 11145587 (England and Wales)

Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Year Ended 30 June 2025

for

The Wildhive Collection Ltd

The Wildhive Collection Ltd (Registered number: 11145587)

Contents of the Consolidated Financial Statements

for the Year Ended 30 June 2025

Page |

Company Information | 1 |

Group Strategic Report | 2 |

Report of the Directors | 3 |

Report of the Independent Auditors | 5 |

Consolidated Income Statement | 9 |

Consolidated Other Comprehensive Income | 10 |

Consolidated Balance Sheet | 11 |

Company Balance Sheet | 12 |

Consolidated Statement of Changes in Equity | 13 |

Company Statement of Changes in Equity | 14 |

Consolidated Cash Flow Statement | 15 |

Notes to the Consolidated Cash Flow Statement | 16 |

Notes to the Consolidated Financial Statements | 18 |

The Wildhive Collection Ltd

Company Information

for the Year Ended 30 June 2025

| DIRECTORS: | E J Burrows

| T W L Chawner

| C P J Ogden

| C Randall

| REGISTERED OFFICE: | 1 Maiden Lane

| Stamford

| Lincolnshire

| REGISTERED NUMBER: | 11145587 (England and Wales)

| AUDITORS: | Hills Accountants Limited

| Greenhill House

| First Floor East Wing

| Thorpe Road

| Peterborough

| Cambridgeshire

| PE3 6RU

The Wildhive Collection Ltd (Registered number: 11145587)

Group Strategic Report

for the Year Ended 30 June 2025

The directors present their strategic report of the company and the group for the year ended 30 June 2025.

REVIEW OF BUSINESS

The group's principal activity during the year was to operate a boutique country hotel, with experiential

accommodation.

The directors consider turnover, EBITDA and occupancy to be the key performance indicators to monitor the success of the business.

| 2025 |  | 2024 |

Revenue |  | £4,627,902 |  | £3,798,317 |

EBITDA |  | (£13,984) |  | (£2,284) |

Occupancy |  | 71.92% |  | 72.48% |

PRINCIPAL RISKS AND UNCERTAINTIES

The UK is currently in a period of economic uncertainty, including inflationary pressures and consumer confidence is

also relatively low. The Government has also introduced regulations which increase payroll costs and associated levies.

The directors consider various risks that affect the business, on a regular basis and aim to take a proactive approach on an ongoing basis, to manage costs and implement efficient processes.

The main financial risks arising from the business's activities are credit risk and liquidity risk and these are monitored

regularly by the board and are not considered to be significant at the reporting date.

ON BEHALF OF THE BOARD:

C Randall - Director

4 February 2026

The Wildhive Collection Ltd (Registered number: 11145587)

Report of the Directors

for the Year Ended 30 June 2025

The directors present their report with the financial statements of the company and the group for the year ended 30 June 2025.

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of a hotelier and the provision of related hospitality services.

DIVIDENDS

No dividends will be distributed for the year ended 30 June 2025.

FUTURE DEVELOPMENTS

The directors intend to continue to invest in upgrading and maintaining facilities and standards and to strengthen the groups position in the market. The performance of the business since the substantial refurbishment, indicates the strong demand for experiential accommodation and traditional hospitality and the continued investment and

implementation of revenue enhancing strategies, will put the business in a good position in the coming year.

DIRECTORS

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

E J Burrows

T W L Chawner

C P J Ogden

C Randall

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group 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 the group and of the profit or loss of the group 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 and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group 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 the group 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 group'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 group's auditors are aware of that information.

The Wildhive Collection Ltd (Registered number: 11145587)

Report of the Directors

for the Year Ended 30 June 2025

AUDITORS

The auditors, Hills Accountants Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

C Randall - Director

4 February 2026

Report of the Independent Auditors to the Members of

The Wildhive Collection Ltd

Opinion

We have audited the financial statements of The Wildhive Collection Ltd (the 'parent company') and its subsidiaries (the 'group') for the year ended 30 June 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated 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 group's and of the parent company affairs as at 30 June 2025 and of the group's loss 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 group 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 group's and the parent 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 Group 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 Group 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 Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of

The Wildhive Collection Ltd

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group 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 by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

- | the parent company 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 three, 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 group's and the parent 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 group or the parent company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of

The Wildhive Collection Ltd

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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including, but not limited to, fraud and non-compliance with laws and regulations was as follows:

- The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- We identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience;

- We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, data protection, employment, quality approval, environmental and health and safety legislation;

- We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

- Identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- Making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

- Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

- Performed analytical procedures to identify any unusual or unexpected relationships;

- Tested journal entries to identify unusual transactions;

- Reviewed the internal controls in place, specifically around payroll and bank transactions; and

- Assessed whether judgements and assumptions made in determining the accounting estimates around depreciation and stock and work in progress provisions were indicative of potential bias.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation;

- enquiring of management as to actual and potential litigation and claims; and

- reviewing correspondence with the company's legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

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.

Report of the Independent Auditors to the Members of

The Wildhive Collection Ltd

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.

Mr Lee James Hills (Senior Statutory Auditor)

for and on behalf of Hills Accountants Limited

Greenhill House

First Floor East Wing

Thorpe Road

Peterborough

Cambridgeshire

PE3 6RU

4 February 2026

The Wildhive Collection Ltd (Registered number: 11145587)

Consolidated Income Statement

for the Year Ended 30 June 2025

| 30.6.25 |  | 30.6.24

| Notes | £ | £ |

TURNOVER | 3 | 4,627,902 |  | 3,798,317 |  |

Cost of sales | 3,208,714 |  | 2,689,576 |  |

GROSS PROFIT | 1,419,188 |  | 1,108,741 |  |

Administrative expenses | 1,738,337 |  | 1,419,074 |  |

(319,149 | ) | (310,333 | ) |

Other operating income | 500 |  | - |  |

OPERATING LOSS | 5 | (318,649 | ) | (310,333 | ) |

Interest receivable and similar income | 10,419 |  | 4,504 |  |

(308,230 | ) | (305,829 | ) |

Interest payable and similar expenses | 6 | 550,398 |  | 898,459 |  |

LOSS BEFORE TAXATION | (858,628 | ) | (1,204,288 | ) |

Tax on loss | 7 | - |  | - |  |

LOSS FOR THE FINANCIAL YEAR | (858,628 | ) | (1,204,288 | ) |

Loss attributable to:

Owners of the parent | (858,628 | ) | (1,204,288 | ) |

The Wildhive Collection Ltd (Registered number: 11145587)

Consolidated Other Comprehensive Income

for the Year Ended 30 June 2025

| 30.6.25 |  | 30.6.24

| Notes | £ | £ |

LOSS FOR THE YEAR | (858,628 | ) | (1,204,288 | ) |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | (858,628 | ) | (1,204,288 | ) |

Total comprehensive income attributable to:

Owners of the parent | (858,628 | ) | (1,204,288 | ) |

The Wildhive Collection Ltd (Registered number: 11145587)

Consolidated Balance Sheet

30 June 2025

| 30.6.25 | 30.6.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 9 | 63,838 |  | 60,000 |  |

Tangible assets | 10 | 10,964,528 |  | 7,427,074 |  |

Investments | 11 | - |  | - |  |

11,028,366 |  | 7,487,074 |  |

CURRENT ASSETS

Stocks | 12 | 86,801 |  | 70,670 |  |

Debtors | 13 | 218,206 |  | 68,595 |  |

Cash at bank and in hand | 451,308 |  | 551,171 |  |

756,315 |  | 690,436 |  |

CREDITORS

Amounts falling due within one year | 14 | 943,233 |  | 729,700 |  |

NET CURRENT LIABILITIES | (186,918 | ) | (39,264 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 10,841,448 |  | 7,447,810 |  |

CREDITORS

Amounts falling due after more than one year | 15 | 15,250,216 |  | 10,997,950 |  |

NET LIABILITIES | (4,408,768 | ) | (3,550,140 | ) |

CAPITAL AND RESERVES

Called up share capital | 19 | 100 |  | 100 |  |

Retained earnings | 20 | (4,408,868 | ) | (3,550,240 | ) |

SHAREHOLDERS' FUNDS | (4,408,768 | ) | (3,550,140 | ) |

The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2026 and were signed on its behalf by:

C Randall - Director

The Wildhive Collection Ltd (Registered number: 11145587)

Company Balance Sheet

30 June 2025

| 30.6.25 | 30.6.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 9 | - |  | - |  |

Tangible assets | 10 | - |  | - |  |

Investments | 11 | 6 |  | 5 |  |

6 |  | 5 |  |

CURRENT ASSETS

Debtors | 13 | 13,817,409 |  | 9,957,581 |  |

CREDITORS

Amounts falling due within one year | 14 | 3,988 |  | 3,562 |  |

NET CURRENT ASSETS | 13,813,421 |  | 9,954,019 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 13,813,427 |  | 9,954,024 |  |

CREDITORS

Amounts falling due after more than one year | 15 | 15,405,584 |  | 10,991,584 |  |

NET LIABILITIES | (1,592,157 | ) | (1,037,560 | ) |

CAPITAL AND RESERVES

Called up share capital | 19 | 100 |  | 100 |  |

Retained earnings | (1,592,257 | ) | (1,037,660 | ) |

SHAREHOLDERS' FUNDS | (1,592,157 | ) | (1,037,560 | ) |

Company's loss for the financial year | (554,597 | ) | (901,494 | ) |

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

The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2026 and were signed on its behalf by:

C Randall - Director

The Wildhive Collection Ltd (Registered number: 11145587)

Consolidated Statement of Changes in Equity

for the Year Ended 30 June 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 July 2023 | 100 |  | (2,345,952 | ) | (2,345,852 | ) |

Changes in equity

Total comprehensive income | - |  | (1,204,288 | ) | (1,204,288 | ) |

Balance at 30 June 2024 | 100 |  | (3,550,240 | ) | (3,550,140 | ) |

Changes in equity

Total comprehensive income | - |  | (858,628 | ) | (858,628 | ) |

Balance at 30 June 2025 | 100 |  | (4,408,868 | ) | (4,408,768 | ) |

The Wildhive Collection Ltd (Registered number: 11145587)

Company Statement of Changes in Equity

for the Year Ended 30 June 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 July 2023 | 100 |  | (136,166 | ) | (136,066 | ) |

Changes in equity

Total comprehensive income | - |  | (901,494 | ) | (901,494 | ) |

Balance at 30 June 2024 | 100 |  | (1,037,660 | ) | (1,037,560 | ) |

Changes in equity

Total comprehensive income | - |  | (554,597 | ) | (554,597 | ) |

Balance at 30 June 2025 | 100 |  | (1,592,257 | ) | (1,592,157 | ) |

The Wildhive Collection Ltd (Registered number: 11145587)

Consolidated Cash Flow Statement

for the Year Ended 30 June 2025

| 30.6.25 |  | 30.6.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 22,322 |  | 206,623 |  |

Interest element of hire purchase payments paid | (579 | ) | (890 | ) |

Net cash from operating activities | 21,743 |  | 205,733 |  |

Cash flows from investing activities

Purchase of intangible fixed assets | (20,005 | ) | - |  |

Purchase of tangible fixed assets | (3,815,533 | ) | (28,296 | ) |

Interest received | 10,419 |  | 4,504 |  |

Net cash from investing activities | (3,825,119 | ) | (23,792 | ) |

Cash flows from financing activities

New loans in year | 3,707,874 |  | - |  |

Capital repayments in year | (5,097 | ) | (4,786 | ) |

Amount introduced by directors | 736 |  | - |  |

Net cash from financing activities | 3,703,513 |  | (4,786 | ) |

(Decrease)/increase in cash and cash equivalents | (99,863 | ) | 177,155 |  |

Cash and cash equivalents at beginning of year | 2 | 551,171 |  | 374,016 |  |

Cash and cash equivalents at end of year | 2 | 451,308 |  | 551,171 |  |

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Cash Flow Statement

for the Year Ended 30 June 2025

1. | RECONCILIATION OF LOSS BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| 30.6.25 |  | 30.6.24

£ | £ |

| Loss before taxation | (858,628 | ) | (1,204,288 | ) |

| Depreciation charges | 294,246 |  | 303,545 |  |

| Finance costs | 550,398 |  | 898,459 |  |

| Finance income | (10,419 | ) | (4,504 | ) |

(24,403 | ) | (6,788 | ) |

| (Increase)/decrease in stocks | (16,131 | ) | 5,945 |  |

| (Increase)/decrease in trade and other debtors | (149,611 | ) | 97,409 |  |

| Increase in trade and other creditors | 212,467 |  | 110,057 |  |

| Cash generated from operations | 22,322 |  | 206,623 |  |

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 30 June 2025

| 30.6.25 |  | 1.7.24

£ | £ |

| Cash and cash equivalents | 451,308 |  | 551,171 |  |

| Year ended 30 June 2024

| 30.6.24 |  | 1.7.23

£ | £ |

| Cash and cash equivalents | 551,171 |  | 374,016 |  |

3. | ANALYSIS OF CHANGES IN NET DEBT

| At 1.7.24 | Cash flow | At 30.6.25

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 551,171 |  | (99,863 | ) | 451,308 |  |

551,171 |  | (99,863 | ) | 451,308 |  |

| Debt

| Finance leases | (11,465 | ) | 5,097 |  | (6,368 | ) |

| Debts falling due after 1 year | (10,991,583 | ) | (4,257,694 | ) | (15,249,277 | ) |

(11,003,048 | ) | (4,252,597 | ) | (15,255,645 | ) |

| Total | (10,451,877 | ) | (4,352,460 | ) | (14,804,337 | ) |

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Cash Flow Statement

for the Year Ended 30 June 2025

4. | ACQUISITION OF BUSINESS

| On the 27 November 2024 the Group acquired the trade and assets of Eshott Hall for £3,513,356 which was paid for in cash. There is no deferred consideration.

| The purchase consideration consisted of:

| £ |  |

| Tangible Fixed Assets |  | 3,479,995 |  |

| Intangible Fixed Assets |  | 20,005 |  |

| Inventories |  | 13,356 |  |

|  | 3,513,356 |  |  |

| As at the date of acquisition there were no differences between the purchase value and fair values of the assets acquired.

5. | MAJOR NON-CASH TRANSACTIONS

| Non cash transactions relates mainly to interest expense on 'Other loans' totalling £549,819 (2024 £897,569).

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements

for the Year Ended 30 June 2025

1. | STATUTORY INFORMATION

| The Wildhive Collection Ltd 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 General Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Going concern

| The directors have prepared forecasts for the company for a period greater than 12 months from the date of approval of these financial statements. The forecasts take into account known changes in the trading environment, performance, and funding requirements during that period.

| After making enquiries, the directors have a reasonable expectation that the company has sufficient funds to meet its liabilities as they fall due, allowing the business to continue in operational existence for the foreseeable future. Accordingly, the company continues to adopt the going concern basis of preparing the financial statements.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

| Significant judgements and estimates

| In the application of the group's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

| The directors do not consider that any key judgements have been made in preparing these financial statements.

| Key sources of of estimation uncertainty

| Useful economic lives and residual values of Tangible fixed assets: The group reviews the estimated useful lives of the Tangible Fixed Assets at the end of each reporting period. During the current period the Directors have concluded that the lives of certain assets required revision. See below under the heading of "Changes in accounting estimate".

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

2. | ACCOUNTING POLICIES - continued

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover represents the total revenue generated from the hotel's operations, including room rentals, food and beverage sales, and other ancillary services. All revenue is recorded net of VAT.

| Revenue relating to accommodation is recognised on a straight line basis over the period of the stay. Advance payments received for bookings are recorded as 'Accruals and deferred income" until the holiday commences.

| Services revenue such as spa treatments, food and beverages, and other services are recognised when the service is provided.

| Gift Voucher Revenue is deferred on the balance sheet as "Accruals and deferred income" until the voucher is redeemed against a booking.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Freehold property | - | 2% on cost, Straight line over 20 years and Straight line over 50 years

| Improvements to property | - | 2% on cost

| Plant and machinery | - | Straight line over 10 years

| Fixtures and fittings | - | Straight line over 10 years and Straight line over 15 years

| Computer equipment | - | Straight line over 3 years

| Freehold buildings include permanent cabin installations.Land is not depreciated.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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.

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

2. | ACCOUNTING POLICIES - continued

| 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

3. | TURNOVER

| The turnover and loss before taxation are attributable to the one principal activity of the group.

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

| 30.6.25 |  | 30.6.24

£ | £ |

| Hotel and restaurant services | 4,627,902 |  | 3,798,317 |  |

4,627,902 |  | 3,798,317 |  |

4. | EMPLOYEES AND DIRECTORS

| 30.6.25 |  | 30.6.24

£ | £ |

| Wages and salaries | 1,914,680 |  | 1,495,179 |  |

| Social security costs | 151,314 |  | 107,414 |  |

| Other pension costs | 30,696 |  | 23,625 |  |

2,096,690 |  | 1,626,218 |  |

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

4. | EMPLOYEES AND DIRECTORS - continued

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

| 30.6.25 |  | 30.6.24

| Hotel and restaurant staff | 140 |  | 102 |  |

| Management and administration | 7 |  | 4 |  |

| Directors | 4 |  | 4 |  |

151 |  | 110 |  |

| 30.6.25 |  | 30.6.24

£ | £ |

| Directors' remuneration | 10,881 |  | - |  |

5. | OPERATING LOSS

| The operating loss is stated after charging:

| 30.6.25 |  | 30.6.24

£ | £ |

| Hire of plant and machinery | 26,785 |  | 25,780 |  |

| Other operating leases | 3,414 |  | 840 |  |

| Depreciation - owned assets | 276,351 |  | 286,817 |  |

| Depreciation - assets on hire purchase contracts | 1,728 |  | 1,729 |  |

| Goodwill amortisation | 16,167 |  | 14,999 |  |

| Auditors' remuneration | 18,697 |  | 9,675 |  |

6. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 30.6.25 |  | 30.6.24

£ | £ |

| Other loan interest | 549,819 |  | 897,569 |  |

| Hire purchase | 579 |  | 890 |  |

550,398 |  | 898,459 |  |

7. | TAXATION

| Analysis of the tax charge

| No liability to UK corporation tax arose for the year ended 30 June 2025 nor for the year ended 30 June 2024.

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

7. | TAXATION - continued

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

| 30.6.25 |  | 30.6.24

£ | £ |

| Loss before tax | (858,628 | ) | (1,204,288 | ) |

| Loss multiplied by the standard rate of corporation tax in the UK of 25 % (2024 - 25 %) | (214,657 | ) | (301,072 | ) |

| Effects of:

| Expenses not deductible for tax purposes | 498 |  | 5,091 |  |

| Depreciation in excess of capital allowances | 13,525 |  | 51,886 |  |

| Utilisation of tax losses | (141,439 | ) | (83,935 | ) |

| Losses carried forward | 342,073 |  | 328,030 |  |

| Total tax charge | - |  | - |  |

8. | INDIVIDUAL INCOME STATEMENT

| As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

9. | INTANGIBLE FIXED ASSETS

| Group

| Goodwill

£ |

| COST

| At 1 July 2024 | 149,999 |  |

| Additions | 20,005 |  |

| At 30 June 2025 | 170,004 |  |

| AMORTISATION

| At 1 July 2024 | 89,999 |  |

| Amortisation for year | 16,167 |  |

| At 30 June 2025 | 106,166 |  |

| NET BOOK VALUE

| At 30 June 2025 | 63,838 |  |

| At 30 June 2024 | 60,000 |  |

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

10. | TANGIBLE FIXED ASSETS

| Group

| Improvements |

| Freehold |  | to |  | Plant and

| property |  | property |  | machinery

£ | £ | £ |

| COST

| At 1 July 2024 | 4,058,715 |  | 2,933,025 |  | 43,799 |  |

| Additions | 3,614,277 |  | 102,078 |  | 23,892 |  |

| Disposals | - |  | - |  | - |  |

| At 30 June 2025 | 7,672,992 |  | 3,035,103 |  | 67,691 |  |

| DEPRECIATION

| At 1 July 2024 | 119,183 |  | 63,735 |  | 16,330 |  |

| Charge for year | 119,182 |  | 63,748 |  | 5,935 |  |

| At 30 June 2025 | 238,365 |  | 127,483 |  | 22,265 |  |

| NET BOOK VALUE

| At 30 June 2025 | 7,434,627 |  | 2,907,620 |  | 45,426 |  |

| At 30 June 2024 | 3,939,532 |  | 2,869,290 |  | 27,469 |  |

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 July 2024 | 1,125,035 |  | 38,145 |  | 8,198,719 |  |

| Additions | 68,886 |  | 10,450 |  | 3,819,583 |  |

| Disposals | (4,050 | ) | - |  | (4,050 | ) |

| At 30 June 2025 | 1,189,871 |  | 48,595 |  | 12,014,252 |  |

| DEPRECIATION

| At 1 July 2024 | 541,489 |  | 30,908 |  | 771,645 |  |

| Charge for year | 83,587 |  | 5,627 |  | 278,079 |  |

| At 30 June 2025 | 625,076 |  | 36,535 |  | 1,049,724 |  |

| NET BOOK VALUE

| At 30 June 2025 | 564,795 |  | 12,060 |  | 10,964,528 |  |

| At 30 June 2024 | 583,546 |  | 7,237 |  | 7,427,074 |  |

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

10. | TANGIBLE FIXED ASSETS - continued

| Group

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 20,016 |  |

| DEPRECIATION

| At 1 July 2024 | 5,899 |  |

| Charge for year | 1,728 |  |

| At 30 June 2025 | 7,627 |  |

| NET BOOK VALUE

| At 30 June 2025 | 12,389 |  |

| At 30 June 2024 | 14,117 |  |

11. | FIXED ASSET INVESTMENTS

| Company

| Other

| investments

£ |

| COST

| At 1 July 2024 | 5 |  |

| Additions | 1 |  |

| At 30 June 2025 | 6 |  |

| NET BOOK VALUE

| At 30 June 2025 | 6 |  |

| At 30 June 2024 | 5 |  |

| The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

| Subsidiaries

| Callow Hall Limited

| Registered office: 1 Maiden Lane, Stamford

| Nature of business: Hotel and restaurant

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

11. | FIXED ASSET INVESTMENTS - continued

| Wildhive Central Office Limited

| Registered office: 1 Maiden Lane, Stamford

| Nature of business: Administration services

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Hive Leisure (Callow Hall)Limited

| Registered office: 1 Maiden Lane, Stamford

| Nature of business: Investment company

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Eshott Hall Limited

| Registered office: 1 Maiden Lane, Stamford

| Nature of business: Hotel and restaurant

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

12. | STOCKS

| Group |

| 30.6.25 |  | 30.6.24 |

£ | £ |

| Stocks | 86,801 |  | 70,670 |  |

13. | DEBTORS

| Group |  | Company |

| 30.6.25 |  | 30.6.24 |  | 30.6.25 |  | 30.6.24 |

£ | £ | £ | £ |

| Amounts falling due within one year: |

| Trade debtors | 40,466 |  | 5,855 |  | - |  | - |  |

| Other debtors | 46,688 |  | 26,494 |  | 100 |  | 100 |  |

| Prepayments and accrued income | 131,052 |  | 36,246 |  | - |  | - |  |

218,206 |  | 68,595 |  | 100 |  | 100 |  |

| Amounts falling due after more than one | year: |

| Amounts owed by group undertakings | - |  | - |  | 13,817,309 |  | 9,957,481 |  |

| Aggregate amounts | 218,206 |  | 68,595 |  | 13,817,409 |  | 9,957,581 |  |

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| Group |  | Company |

| 30.6.25 |  | 30.6.24 |  | 30.6.25 |  | 30.6.24 |

£ | £ | £ | £ |

| Hire purchase contracts (see note 17) | 5,429 |  | 5,098 |  | - |  | - |  |

| Trade creditors | 204,613 |  | 76,287 |  | - |  | - |  |

| Social security and other taxes | 43,855 |  | 140,450 |  | - |  | - |  |

| VAT | 171,001 |  | - |  | - |  | - |  |

| Other creditors | 49,400 |  | 75,721 |  | - |  | - |  |

| Directors' loan accounts | 1,342 |  | 606 |  | - |  | - |  |

| Accruals and deferred income | 467,593 |  | 431,538 |  | 3,988 |  | 3,562 |  |

943,233 |  | 729,700 |  | 3,988 |  | 3,562 |  |

15. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| Group |  | Company |

| 30.6.25 |  | 30.6.24 |  | 30.6.25 |  | 30.6.24 |

£ | £ | £ | £ |

| Other loans (see note 16) | 15,249,277 |  | 10,991,583 |  | 15,249,277 |  | 10,991,583 |  |

| Hire purchase contracts (see note 17) | 939 |  | 6,367 |  | - |  | - |  |

| Amounts owed to group undertakings | - |  | - |  | 156,307 |  | 1 |  |

15,250,216 |  | 10,997,950 |  | 15,405,584 |  | 10,991,584 |  |

16. | LOANS

| An analysis of the maturity of loans is given below:

| Group |  | Company |

| 30.6.25 |  | 30.6.24 |  | 30.6.25 |  | 30.6.24 |

£ | £ | £ | £ |

| Amounts falling due between one and two | years: |

| Other loans | 718,000 |  | 718,000 |  | 718,000 |  | 718,000 |  |

| Amounts falling due in more than five | years: |

| Repayable otherwise than by instalments |

| Other loans | 14,531,277 |  | 10,273,583 |  | 14,531,277 |  | 10,273,583 |  |

| Other loans due greater than five years consist of three facilities, Facility 'A' and ' B' totalling £13,601,112 (2024 £9,403,419) which are accruing interest at a rate of 4.5% per annum which are due for repayment in full on 29 June 2032; Facility 'C' totalling £930,165 (2024 £870,164) and accruing interest at a rate of 8% per annum which is also due for repayment in full on 29 June 2032.

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

17. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Group

| Hire purchase |

| contracts |

| 30.6.25 |  | 30.6.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 5,429 |  | 5,098 |  |

| Between one and five years | 939 |  | 6,367 |  |

6,368 |  | 11,465 |  |

| Group

| Non-cancellable |

| operating leases |

| 30.6.25 |  | 30.6.24

£ | £ |

| Within one year | 4,363 |  | - |  |

| Between one and five years | 8,724 |  | - |  |

13,087 |  | - |  |

18. | SECURED DEBTS

| The following secured debts are included within creditors:

| Group |

| 30.6.25 |  | 30.6.24 |

£ | £ |

| Other loans | 15,249,277 |  | 10,991,583 |  |

| The Company and Group has given security over its Land and Building, and other tangible fixed assets under a Debenture dated 26 June 2018 in relation to the Company's loan facilities.

19. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.6.25 |  | 30.6.24

| value: | £ | £ |

| 100 | Ordinary shares | £1 | 100 |  | 100 |  |

The Wildhive Collection Ltd (Registered number: 11145587)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 June 2025

20. | RESERVES

| Group

| Retained

| earnings

£ |

| At 1 July 2024 | (3,550,240 | ) |

| Deficit for the year | (858,628 | ) |

| At 30 June 2025 | (4,408,868 | ) |

21. | PENSION COMMITMENTS

| The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £30,696 (2024 £24,283).

| At the financial year end the group had £7,353 (2024 £5,363) of unpaid contributions.

22. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 30 June 2025 and 30 June 2024:

| 30.6.25 |  | 30.6.24

£ | £ |

| C Randall

| Balance outstanding at start of year | - |  | 500 |  |

| Amounts repaid | (368 | ) | (500 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (368 | ) | - |  |

| E J Burrows

| Balance outstanding at start of year | (606 | ) | 647 |  |

| Amounts repaid | (368 | ) | (1,253 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (974 | ) | (606 | ) |

23. | RELATED PARTY DISCLOSURES

| During the year the Group was charged management fees amounting to £240,000 (2024 £240,000) from Estate Hotels and Leisure LLP, a business in which the directors Mr E Burrows and Mr C Randall are both members.

| During the year the Group was charged for shared services amounting to £13,074 (2024 £Nil) from Eshott Shared Services Limited, a business in which the directors Mr E Burrows and Mr C Randall are both directors. At the end of the year £7,844 (2024 £Nil) was owing to the company.

24. | UNAUDITED COMPARATIVES

| The financial statements of the Group and Company for the year ended 30 June 2023 were unaudited.