REGISTERED NUMBER: 08863233 (England and Wales)

Audited Financial Statements

for the Year Ended

31 December 2025

for

Wombats London Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Dimitriewicz

M Praschinger

REGISTERED OFFICE:

7 Dock Street

London

United Kingdom

E1 8LL

REGISTERED NUMBER:

08863233 (England and Wales)

AUDITORS:

M.B.McGrady & Co

Chartered Accountants

Statutory Auditors

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

FIXED ASSETS

Tangible assets

4

928,566

1,099,559

CURRENT ASSETS

Stocks

16,412

22,057

Debtors

5

294,172

248,491

Cash at bank and in hand

379,857

360,701

690,441

631,249

CREDITORS

Amounts falling due within one year

6

1,607,106

1,297,078

NET CURRENT LIABILITIES

(916,665

)

(665,829

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,901

433,730

CREDITORS

Amounts falling due after more than one year

7

-

(4,167

)

PROVISIONS FOR LIABILITIES

10

(350,000

)

(350,000

)

NET (LIABILITIES)/ASSETS

(338,099

)

79,563

CAPITAL AND RESERVES

Called up share capital

11

8

8

Retained earnings

12

(338,107

)

79,555

SHAREHOLDERS' FUNDS

(338,099

)

79,563

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 12 May 2026 and were signed on its behalf by:

M Praschinger - Director

1.	STATUTORY INFORMATION

Wombats London 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 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Changes in accounting policies

The company has adopted FRS 102 periodic review amendments 2024 with effect from 1 January 2025 with the amendment being applied retrospectively subject to exceptions set out in the standard. In accordance with the transitional provisions of the standard, comparatives have not been restated. The accounting policy for Revenue has been impacted as a result of the adoption of amendments to FRS 102 (2024).

Turnover

On January 1, 2025, the company early adopted the amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland issued by the Financial Reporting Council in its Periodic Review 2024.

Revenue is derived from the provision of accommodation on a per night basis alongside the provision of ancilliary goods and services. The provision of a single night's accommodation is considered a performance obligation and accounted for as a sale.

Revenue is recognised when the performance obligation has been met. Where a customer avails of accommodation on consecutive days, revenue is recognised when each performance obligation is met.

For ancillary goods and services, the performance obligation is deemed to occur when the rights and rewards of ownership of the good or service is transferred to the customer.

Revenue is measured at the selling price of the good or service sold after subtracting VAT, discounts or refunds. Payment for goods and services is made before the good or service is provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

5% on cost

Plant and machinery etc

-

33% on cost and 20% on cost

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 56 (2024 - 49 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

983,426

1,003,016

1,986,442

Additions

-

38,297

38,297

Disposals

-

(1,620

)

(1,620

)

At 31 December 2025

983,426

1,039,693

2,023,119

DEPRECIATION

At 1 January 2025

417,058

469,825

886,883

Charge for year

43,520

165,770

209,290

Eliminated on disposal

-

(1,620

)

(1,620

)

At 31 December 2025

460,578

633,975

1,094,553

NET BOOK VALUE

At 31 December 2025

522,848

405,718

928,566

At 31 December 2024

566,368

533,191

1,099,559

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

21,867

26,454

Other debtors

272,305

222,037

294,172

248,491

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans and overdrafts (see note 8)

4,167

10,000

Trade creditors

100,327

62,343

Amounts owed to group undertakings

622,922

528,642

Taxation and social security

279,909

298,426

Other creditors

599,781

397,667

1,607,106

1,297,078

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans (see note 8)

-

4,167

8.

LOANS

Loans relate to a loan issued under the HM Government Bounce Back Loan Scheme. The loan is unsecured, accrues interest at 2.5% per annum and is repayable in 60 monthly instalments starting in June 2022 with the final instalment due in May 2026.

9.	LEASING AGREEMENTS

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

31/12/25

31/12/24

£

£

Within one year

2,032,257

1,936,838

Between one and five years

8,543,692

9,201,170

In more than five years

20,559,719

21,066,075

31,135,668

32,204,083

10.	PROVISIONS FOR LIABILITIES

The provision represents the directors' assessment of the value of dilapidations work which the company is legally required to perform under the rental agreement for its premises. The expected cost is charged to the profit and loss account on a straight line basis over the life of the lease.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/25

31/12/24

value:

£

£

1

Ordinary

€10

8

8

12.

RESERVES

Retained

earnings

£

At 1 January 2025

79,555

Deficit for the year

(417,662

)

At 31 December 2025

(338,107

)

13.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Conaill McGrady (Senior Statutory Auditor)

for and on behalf of M.B.McGrady & Co

14.	ULTIMATE CONTROLLING PARTY

The parent undertaking of the group, of which the company is a member, is Wombats Holding GmbH, a company incorporated in Austria.