Wildes Mansion Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Wildes Mansion Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13531938 . The registered office is Wildes House Worksop Road, Clowne, Chesterfield, S43 4TD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of Wildes Group Limited. These consolidated financial statements are available from its registered office, Wildes House Worksop Road, Clowne, Chesterfield, England, S43 4TD.

2.2. Going Concern Disclosure

The directors have a reasonable expectation that the group has adequate resources to continue in operational existence for at least twelve months from the date of approval of these financial statements. In forming this view, the directors have considered the group’s latest forecasts and budgets for the periods ending 31 March 2027. These forecasts indicate that the group is expected to generate positive EBITDA in both the years ending 31 March 2026 and 31 March 2027.

Xeinadin Audit Limited have reviewed these forecasts as part of their audit work. The directors and shareholders have also confirmed their continued financial and operational support for the group. In addition, the group continues to hold significant assets which provide a strong financial base.

Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold

Not depreciated

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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Wildes Mansion Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.5. Leases

As lessor

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2.6. Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2.7. Equity Instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: 1)

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Wildes Mansion Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 1 April 2024	14,650

As at 31 March 2025	14,650

Net Book Value
As at 31 March 2025	14,650

As at 1 April 2024	14,650

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	4,521	107
Amounts owed by participating interests	107	7,227
Other debtors	35,392	16,085

	40,020	23,419

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	55,689	34,514
Amounts owed to group undertakings	6,768	37,123
Amounts owed to participating interests	81,607	4,885
Other creditors	908	89
Taxation and social security	17,407	38,134

	162,379	114,745

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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Wildes Mansion Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Related Party Transactions

The following transactions were entered into with related companies or companies Mrs C Wildes held an interest in:

During the year, £1 (net) was advanced from Wildes Group Limited. As at 31 March 2025, the amount due to Wildes Group Limited was £1,500 (2024: due to: £1,499).

During the year, £6,863 (net) was advanced from Wildes Hotel Limited. As at 31 March 2025, the amount due to Wildes Hotel Limited was £283 (2024 due from: £6,580).

During the year, £nil was advanced to Crewe Hotel Trading Limited. As at 31 March 2025, the amount due from Crewe Hotel Trading Limited was £107 (2024: £107).

During the year, £nil was advanced to Wildes Property Investments Limited. As at 31 March 2025, the amount due to Wildes Property Investments Limited was £4,886 (2024: £4,886).

During the year, £nil was advanced to Wildes Branded Hotels Limited. As at 31 March 2025, the amount due to Wildes Branded Hotels Limited was £7,821 (2024 due to: £7,821).

During the year, £nil was advanced to Bluebell Resourcing Limited. As at 31 March 2025, the amount due from Bluebell Resourcing Limited was £647 (2024: £647).

During the year, £7,371 (net) was advanced from Bluebell Hotel Limited. As at 31 March 2025, the amount due to Bluebell Hotel Limited was £35,038 (2024 due to: £27,667).

During the year, £nil was advanced from Wildes House Limited. As at 31 March 2025, the amount due to Wildes House Limited was £98 (2024: £98).

During the year, £38,710 was advanced from Wildes Inns Limited. As at 31 March 2025, the amount due to Wildes Inns Limited was £38,748 (2024: £38).

During the year, £3,873 was advanced to Chester Hotel Holdings Limited. As at 31 March 2025, the amount due from Chester Hotel Holdings Limited was £3,873 (2024: nil).

9. Ultimate Parent Undertaking and Controlling Party

The parent company of Wildes Mansion Limited is CJW Property Group Limited, a company registered in England. The registered address of CJW Property Group Limited is Wildes House, Worksop Road, Clowne, Chesterfield, England, S43 4TD.

The ultimate controlling party of CJW Property Group Limited is Caroline Wildes.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		14,650		14,650

			14,650		14,650
CURRENT ASSETS
Debtors	5	40,020		23,419

		40,020		23,419
Creditors: Amounts Falling Due Within One Year	6	(162,379 )		(114,745 )

NET CURRENT ASSETS (LIABILITIES)			(122,359 )		(91,326 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(107,709 )		(76,676 )

NET LIABILITIES			(107,709 )		(76,676 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(107,710 )		(76,677 )

SHAREHOLDERS' FUNDS			(107,709)		(76,676)