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REGISTERED NUMBER: 01843151 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

The Comedy Store Limited

The Comedy Store Limited (Registered number: 01843151)

Contents of the Financial Statements

for the Year Ended 31 July 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

The Comedy Store Limited

Company Information

for the Year Ended 31 July 2025

| DIRECTORS: | Mr R C Ward

| Miss N Ward

| Mr S Ward

| Miss C Ward

| Mrs S Ward

| REGISTERED OFFICE: | Lewis House

| Great Chesterford Court

| Great Chesterford

| Essex

| CB10 1PF

| REGISTERED NUMBER: | 01843151 (England and Wales)

The Comedy Store Limited (Registered number: 01843151)

Balance Sheet

31 July 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 202,537 |  | 244,875 |  |

Investments | 6 | 1 |  | 1 |  |

202,538 |  | 244,876 |  |

CURRENT ASSETS

Stocks | 18,860 |  | 14,386 |  |

Debtors | 7 | 354,835 |  | 555,877 |  |

Cash at bank and in hand | 869,413 |  | 1,060,520 |  |

1,243,108 |  | 1,630,783 |  |

CREDITORS

Amounts falling due within one year | 8 | 715,221 |  | 930,223 |  |

NET CURRENT ASSETS | 527,887 |  | 700,560 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 730,425 |  | 945,436 |  |

CREDITORS

Amounts falling due after more than one year | 9 | - |  | 153,060 |  |

NET ASSETS | 730,425 |  | 792,376 |  |

CAPITAL AND RESERVES

Called up share capital | 90 |  | 90 |  |

Retained earnings | 730,335 |  | 792,286 |  |

SHAREHOLDERS' FUNDS | 730,425 |  | 792,376 |  |

The Comedy Store Limited (Registered number: 01843151)

Balance Sheet - continued

31 July 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2026 and were signed on its behalf by:

Mr R C Ward - Director

The Comedy Store Limited (Registered number: 01843151)

Notes to the Financial Statements

for the Year Ended 31 July 2025

1. | STATUTORY INFORMATION

| The Comedy Store 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.

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

2. | STATEMENT OF COMPLIANCE

| 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| 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.

| Turnover

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

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Building and fit out costs | - | over the remaining life of the lease

| Refurbishment costs written off | - | over the remaining life of the lease

| Bar and shelving | - | over the remaining life of the lease

| Furniture and office equipment | - | 15% on cost

| Computer equipment | - | 25% on cost

| Investments in subsidiaries

| Investments in subsidiaries are valued at cost less provision for impairment.

| Stocks

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

The Comedy Store Limited (Registered number: 01843151)

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Debt instruments are subsequently measured at amortised cost.

| Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

| Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Pension costs and other post-retirement benefits

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

The Comedy Store Limited (Registered number: 01843151)

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 43 (2024 - 42 ) .

5. | TANGIBLE FIXED ASSETS

| Refurbishment |

| Building |  | costs |

| and fit |  | written |  | Bar and

| out costs |  | off |  | shelving

£ | £ | £ |

| COST

| At 1 August 2024 | 12,093 |  | 833,183 |  | 53,017 |  |

| Additions | - |  | - |  | - |  |

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

| At 31 July 2025 | 12,093 |  | 833,183 |  | 53,017 |  |

| DEPRECIATION

| At 1 August 2024 | 12,093 |  | 707,511 |  | 53,017 |  |

| Charge for year | - |  | 12,252 |  | - |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 July 2025 | 12,093 |  | 719,763 |  | 53,017 |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  | 113,420 |  | - |  |

| At 31 July 2024 | - |  | 125,672 |  | - |  |

| Furniture |

| and |

| office |  | Computer |

| equipment |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 August 2024 | 307,695 |  | 68,042 |  | 1,274,030 |  |

| Additions | 13,896 |  | 2,441 |  | 16,337 |  |

| Disposals | (63,898 | ) | (27,578 | ) | (91,476 | ) |

| At 31 July 2025 | 257,693 |  | 42,905 |  | 1,198,891 |  |

| DEPRECIATION

| At 1 August 2024 | 199,522 |  | 57,012 |  | 1,029,155 |  |

| Charge for year | 14,056 |  | 3,148 |  | 29,456 |  |

| Eliminated on disposal | (35,545 | ) | (26,712 | ) | (62,257 | ) |

| At 31 July 2025 | 178,033 |  | 33,448 |  | 996,354 |  |

| NET BOOK VALUE

| At 31 July 2025 | 79,660 |  | 9,457 |  | 202,537 |  |

| At 31 July 2024 | 108,173 |  | 11,030 |  | 244,875 |  |

The Comedy Store Limited (Registered number: 01843151)

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 August 2024

| and 31 July 2025 | 1 |  |

| NET BOOK VALUE

| At 31 July 2025 | 1 |  |

| At 31 July 2024 | 1 |  |

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

| The Comedy Store (Manchester) Limited

| Registered office: Lewis House, Great Chesterford Court, Great Chesterford, Essex CB10 1PF

| Nature of business: Dormant

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

2025 | 2024 |

£ | £ |

| Aggregate capital and reserves | 1,027 |  | 1,027 |  |

| The Comedy Store (Manchester) Limited is currently being liquidated.

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 161,483 |  | 106,147 |  |

| Other debtors | 9,046 |  | 237,596 |  |

| Prepayments and accrued income | 184,306 |  | 212,134 |  |

354,835 |  | 555,877 |  |

| Included within other debtors is £6,017 (2024: £90,780) relating to online ticket sales not yet received, £nil (2024: £146,666) relating to business rates refund for the year and £3,029 (2024: £150) relating to other debtors.

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 153,129 |  | 262,500 |  |

| Trade creditors | 156,508 |  | 324,426 |  |

| Amounts owed to group undertakings | 1,027 |  | 1,027 |  |

| Taxation and social security | 130,666 |  | 64,946 |  |

| Other creditors | 273,891 |  | 277,324 |  |

715,221 |  | 930,223 |  |

The Comedy Store Limited (Registered number: 01843151)

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

| Included within other creditors disclosed above is a balance of £106,689 (2024 - £122,218) in relation to accrued expenses and deferred income, a balance of £110 (2024 - £112) in relation to the Director's loan account, a balance of £127,346 (2024 - £109,243) in relation to unredeemed gift vouchers and a balance of £39,747 (2024 - £45,751) in relation to other creditors.

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

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 153,060 |  |

10. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 435,000 |  | 435,000 |  |

| Between one and five years | 1,740,000 |  | 1,740,000 |  |

| In more than five years | 1,486,250 |  | 1,921,250 |  |

3,661,250 |  | 4,096,250 |  |

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mr R C Ward.

| During both the current and prior year, Mr R C Ward controlled 100% of the issued share capital in the company and held the position of managing director. He is therefore deemed to be the ultimate controlling party of the company.