REGISTERED NUMBER: 01795829 (England and Wales)

STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

THE MOVING VENUE CATERERS

LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Income Statement

7

Other Comprehensive Income

8

Balance Sheet

9

Statement of Changes in Equity

10

Notes to the Financial Statements

11

DIRECTORS:

Mr JG Lawson

Ms EM Sawford

REGISTERED OFFICE:

Unit 10

Deptford Trading Estate

Blackhorse Road

London

SE8 5HY

REGISTERED NUMBER:

01795829 (England and Wales)

SENIOR STATUTORY AUDITOR:

Mr Westleigh Scales FCA FMAAT

AUDITORS:

Mark J Rees LLP Chartered Accountants

and Statutory Auditors

Granville Hall

Granville Road

Leicester

LE1 7RU

BANKERS:

Coutts & Co

440 Strand

London

WC2R 0QS

The directors present their strategic report for the year ended 31 August 2025.

REVIEW OF BUSINESS

Moving Venue: - An accredited caterer at over 50 prestigious, unique, and high-profile venues. Moving Venue also caters at the Paris and Farnborough Air shows, Silverstone F1, Lords, Royal Ascot and has a number of exclusive contracts. Moving Venue is the industry's foremost event caterer at some of the most exciting corporate, sporting, and cultural events. The business is split into Moving Venue Venues & Events which takes care of the accredited venues and Moving Venue Hospitality which looks after our hospitality sites and large-scale green field projects.

The Company delivered a consistent performance in 2024/25, maintaining turnover and profitability in line with the Board's expectations. This strong and resilient performance underscores the effectiveness of our strategy and reflects the strength and reliability of our operations.

We continue to manage the business with discipline, investing in new procedures, systems, and operational enhancements that position us for improved efficiency and future growth. The business is in great shape for further expansion and is well placed to capitalise on new opportunities.

Financial Key Performance Indicators

The Company's key performance indicators of trade are presented in the table below.

KPI's

2025

2024

2023

Turnover

£18.8m

£18.7m

£17.0m

Operating Profit / (Loss) before tax, depreciation & amortisation

£901k

£842k

£736k

Shareholders' Funds

£2,525k

£2,236k

£1,864k

PRINCIPAL RISKS AND UNCERTAINTIES

The company recognises the trading risks and uncertainties of the current economic climate. The Board is confident that the company has the necessary skills and resources to deal with the challenges arising in the sectors within which we operate.

ON BEHALF OF THE BOARD:

Ms EM Sawford - Director

26 May 2026

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

DIVIDENDS

No dividends will be distributed for the year ended 31 August 2025.

DIRECTORS

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

Mr JG Lawson

Ms EM Sawford

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the 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 of the profit or loss of the company 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 transactions and disclose with reasonable accuracy at any time the financial position of the company 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 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 company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Mark J Rees LLP Chartered Accountants, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Ms EM Sawford - Director

26 May 2026

Opinion

We have audited the financial statements of The Moving Venue Caterers Limited (the 'company') for the year ended 31 August 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and 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 company's affairs as at 31 August 2025 and of its profit 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 company 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 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 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 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 Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

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

-	the 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 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 company or to cease operations, or have no realistic alternative but to do so.

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:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

We have determined that the principal risk areas where material irregularities could occur were related to posting manual journal entries to manipulate financial performance, revenue recognition, significant one-off or unusual transactions, going concern and the food hygiene rating.

Our audit procedures were designed to respond in particular to these identified risks (including non compliance with laws and regulations and fraud).

Our audit procedures included but were not limited to:

- A review of a sample of events listing reports in the year to ensure these were correctly recorded in revenue and detailed cut off testing around the year end to ensure revenue is correctly recognised.

- A review of laws and regulations the company is subject to, being specifically the food hygiene review and rating, HACCP policy and discussion with management to ensure no instances of non compliance.

- Addressing the risks of fraud through management override of controls by performing journal entry testing.

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.

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 Westleigh Scales FCA FMAAT (Senior Statutory Auditor)

for and on behalf of Mark J Rees LLP Chartered Accountants

and Statutory Auditors

Granville Hall

Granville Road

Leicester

LE1 7RU

27 May 2026

TURNOVER

3

18,795,578

18,722,142

Cost of sales

11,166,462

11,877,022

GROSS PROFIT

7,629,116

6,845,120

Administrative expenses

7,091,197

6,250,895

OPERATING PROFIT

5

537,919

594,225

Exceptional items

6

-

27,497

537,919

566,728

Interest payable and similar expenses

7

16,763

13,102

PROFIT BEFORE TAXATION

521,156

553,626

Tax on profit

8

232,544

181,642

PROFIT FOR THE FINANCIAL YEAR

288,612

371,984

PROFIT FOR THE YEAR

288,612

371,984

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

288,612

371,984

FIXED ASSETS

Intangible assets

9

-

-

Tangible assets

10

1,047,070

746,084

1,047,070

746,084

CURRENT ASSETS

Stocks

11

302,054

184,554

Debtors

12

12,416,938

10,283,551

Cash at bank and in hand

383,185

527,479

13,102,177

10,995,584

CREDITORS

Amounts falling due within one year

13

11,496,110

9,505,298

NET CURRENT ASSETS

1,606,067

1,490,286

TOTAL ASSETS LESS CURRENT LIABILITIES

2,653,137

2,236,370

CREDITORS

Amounts falling due after more than one year

14

128,155

-

NET ASSETS

2,524,982

2,236,370

CAPITAL AND RESERVES

Called up share capital

16

51,100

51,100

Retained earnings

17

2,473,882

2,185,270

SHAREHOLDERS' FUNDS

2,524,982

2,236,370

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

Mr JG Lawson - Director

Ms EM Sawford - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 September 2023

51,100

1,813,286

1,864,386

Changes in equity

Total comprehensive income

-

371,984

371,984

Balance at 31 August 2024

51,100

2,185,270

2,236,370

Changes in equity

Total comprehensive income

-

288,612

288,612

Balance at 31 August 2025

51,100

2,473,882

2,524,982

1.	STATUTORY INFORMATION

The Moving Venue Caterers 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.	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.

Financial forecasts prepared by the directors show that the company will be able to operate within the facilities available. On that basis the directors have prepared these financial statements on a going concern basis.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 33.7.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax. Turnover is recognised at the date events are held. Income and deposits received for events held after the year end are included as deferred income.

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.

Licence costs are being amortised evenly over their estimated useful life of 51 months from March 2019.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

20% on cost

Fixtures and fittings

-

33% on cost and 15% on cost

Motor vehicles

-

25% on cost

Kitchen equipment

-

15% on cost

Fixed assets are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable or as otherwise required by relevant accounting standards.

Shortfalls between the carrying value of fixed assets and their recoverable amounts, being the higher of fair value less costs to sell and value-in-use, are recognised as impairment losses. Impairment losses are recognised in profit and loss.

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.

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 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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently, where material, at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are measured subsequently, where material, at amortised cost using the effective interest method, less any impairment.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by geographical market is given below:

2025

2024

£

£

United Kingdom

18,149,904

18,685,911

Europe

645,674

36,231

18,795,578

18,722,142

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

5,244,278

4,631,180

Social security costs

45,159

129,539

Other pension costs

32,296

30,038

5,321,733

4,790,757

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

2025

2024

£

£

Directors' remuneration

-

-

The company has no employees directly, wages and salaries are a cross-charge from other companies within the group.

5.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Hire of plant and machinery

7,103

60,094

Depreciation - owned assets

294,436

288,795

Depreciation - assets on hire purchase contracts

85,344

-

Auditors remuneration

8,800

8,400

Foreign exchange differences

9,639

-

6.	EXCEPTIONAL ITEMS

2025

2024

£

£

Exceptional items

-

(27,497

)

In the prior year, the company granted debt forgiveness of £27,497 to a related company, Smart Nautical Limited. This forgiveness is included in exceptional items.

7.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank interest

16,763

13,102

8.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

Group relief

232,544

181,642

Tax on profit

232,544

181,642

UK corporation tax has been charged at 25% (2024 - 25%).

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:

2025

2024

£

£

Profit before tax

521,156

553,626

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

130,289

138,407

Effects of:

Expenses not deductible for tax purposes

9,573

11,219

Capital allowances in excess of depreciation

(35,212

)

-

Depreciation in excess of capital allowances

-

32,016

Adjustments to tax charge in respect of previous periods

127,894

-

Total tax charge

232,544

181,642

9.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 September 2024

and 31 August 2025

500,000

AMORTISATION

At 1 September 2024

and 31 August 2025

500,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

10.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Kitchen

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

579,337

1,693,060

139,724

2,155,540

4,567,661

Additions

22,533

146,234

315,179

196,820

680,766

At 31 August 2025

601,870

1,839,294

454,903

2,352,360

5,248,427

DEPRECIATION

At 1 September 2024

579,252

1,467,765

134,630

1,639,930

3,821,577

Charge for year

1,306

143,854

91,495

143,125

379,780

At 31 August 2025

580,558

1,611,619

226,125

1,783,055

4,201,357

NET BOOK VALUE

At 31 August 2025

21,312

227,675

228,778

569,305

1,047,070

At 31 August 2024

85

225,295

5,094

515,610

746,084

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

Motor

vehicles

£

COST

Additions

315,179

At 31 August 2025

315,179

DEPRECIATION

Charge for year

85,344

At 31 August 2025

85,344

NET BOOK VALUE

At 31 August 2025

229,835

11.

STOCKS

2025

2024

£

£

Finished goods

302,054

184,554

12.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,936,252

6,620,012

Bad debt provision

-

(21,113

)

Amounts owed by group undertakings

9,946,083

3,098,129

Other debtors

9,782

8,948

VAT

-

25,511

Accrued income

112,301

312,959

Prepayments

412,520

239,105

12,416,938

10,283,551

13.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 15)

82,737

-

Trade creditors

4,042,958

2,817,002

Amounts owed to group undertakings

4,041,928

3,930,331

VAT

67,297

-

Other creditors

-

8,157

Accruals and deferred income

2,302,845

2,514,586

Accrued expenses

958,345

235,222

11,496,110

9,505,298