REGISTERED NUMBER: 05238518 (England and Wales)

GROUP STRATEGIC REPORT, REPORT OF THE DIRECTOR AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

FOR

W W HOTELS LIMITED

Page

Company Information

1

Group Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

4

Consolidated Income Statement

7

Consolidated Balance Sheet

8

Company Balance Sheet

9

Consolidated Statement of Changes in Equity

10

Company Statement of Changes in Equity

11

Consolidated Cash Flow Statement

12

Notes to the Consolidated Cash Flow Statement

13

Notes to the Consolidated Financial Statements

15

DIRECTOR:

C L Weaving

SECRETARY:

Mrs K A Weaving

REGISTERED OFFICE:

Rendezvous Hotel

Keighley Road

Skipton

North Yorkshire

BD23 2TA

REGISTERED NUMBER:

05238518 (England and Wales)

SENIOR STATUTORY AUDITOR:

Mel A Henry

AUDITORS:

Ainsworths Limited

Chartered Accountants

and Statutory Auditors

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

The director presents his strategic report of the company and the group for the year ended 30th September 2025.

REVIEW OF BUSINESS

The principal activity of the group is that of hospitality, with the main asset of the group being Hotel Rendezvous.

The director considers the results achieved by the group to be satisfactory in view of the UK economy and instability caused by the cost of living crisis.

The group's key performance indicators during the year were as follows:

30.9.25

30.9.24

Turnover

£3,964,072

£3,352,625

Gross profit

£3,422,919

£2,864,353

Gross profit margin%

86.35%

85.44%

Net profit/(loss) before taxation

£45,616

£(13,791

)

During the year and previous year the strategy implemented by management has allowed for an increase in profitability. The director has closely monitored costs throughout the year, making and implementing changes in order to increase profitability.

PRINCIPAL RISKS AND UNCERTAINTIES

The principal commercial risks and uncertainties faced by the group include the general economic climate, seasonal weather factors, competition and rising costs. The director monitor these risks in order to respond and react to changes in the marketplace.

FINANCIAL RISK MANAGEMENT

The group's operations expose it to a variety of financial risks that include the effects of credit, currency, interest rate and liquidity risk. The director actively manage these risks by monitoring levels of risk and related costs of mitigating these.

EMPLOYEES

The directors continue to develop employees using both external and in house resources. Programmes are developed around both business needs and personal development. The group continues to appraise all systems and staff wellbeing to actively promote a positive group culture.

ON BEHALF OF THE BOARD:

C L Weaving - Director

23rd June 2026

The director presents his report with the financial statements of the company and the group for the year ended 30th September 2025.

DIVIDENDS

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

DIRECTOR

C L Weaving held office during the whole of the period from 1st October 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Group Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has 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 director must not approve the financial statements unless he is 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 director is 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 director is 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 him to ensure that the financial statements comply with the Companies Act 2006. He is 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 director is 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 he 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.

AUDITORS

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

ON BEHALF OF THE BOARD:

C L Weaving - Director

23rd June 2026

Opinion

We have audited the financial statements of W W Hotels Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30th September 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 30th September 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 director's 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 director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Director, 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 Director 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 Director 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 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 Director.

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 director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page three, the director is 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 director determines 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 director is 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 director either intends to liquidate the group or the parent company or to cease operations, or has 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:

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, we considered the following:

-

the nature of the industry and sector, control environment and business performance;

-

results of our enquiries of management about their own identification and assessment of the risks of irregularities;

-

any matters we identified having made enquiries of management about their policies and procedures relating to:

>

identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of noncompliance;

>

detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;

>

the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;

-

the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act and local tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements, but compliance with which may be fundamental to the company's ability to operate.

Audit response to risks identified

As a result of performing the above our procedures to respond to the risks identified included the following:

-

reviewing the financial statements disclosure and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;

-

enquiring of management about actual and potential litigation and claims;

-

performing analytical procedures to identify any unusual or unexpected relationships that may indicate risk of material misstatement due to fraud;

-

obtained an understanding of provisions and held discussions with management to understand the basis of recognition or non-recognition of tax provisions; and

-

in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

There are inherent limitations in the audit procedures described above and the further removed the non-compliance with laws and regulations is from events and transactions reflected in the financial statements the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through 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.

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.

Mel A Henry (Senior Statutory Auditor)

for and on behalf of Ainsworths Limited

Chartered Accountants

and Statutory Auditors

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

23rd June 2026

TURNOVER

3,964,072

3,352,625

Cost of sales

541,153

488,272

GROSS PROFIT

3,422,919

2,864,353

Administrative expenses

3,201,431

2,890,070

221,488

(25,717

)

Other operating income

40,300

226,224

OPERATING PROFIT

4

261,788

200,507

Interest payable and similar expenses

5

216,172

214,298

PROFIT/(LOSS) BEFORE TAXATION

45,616

(13,791

)

Tax on profit/(loss)

6

54,072

(20,342

)

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(8,456

)

6,551

FIXED ASSETS

Intangible assets

8

-

-

Tangible assets

9

5,853,789

6,060,863

Investments

10

-

-

Investment property

11

314,000

314,000

6,167,789

6,374,863

CURRENT ASSETS

Stocks

12

49,043

28,214

Debtors

13

660,889

504,336

Cash at bank and in hand

27,217

12,545

737,149

545,095

CREDITORS

Amounts falling due within one year

14

3,665,911

3,442,980

NET CURRENT LIABILITIES

(2,928,762

)

(2,897,885

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,239,027

3,476,978

CREDITORS

Amounts falling due after more than one year

15

(134,076

)

(360,561

)

PROVISIONS FOR LIABILITIES

18

(142,449

)

(145,459

)

NET ASSETS

2,962,502

2,970,958

CAPITAL AND RESERVES

Called up share capital

19

6

6

Revaluation reserve

20

2,701,437

2,780,370

Capital redemption reserve

20

1

1

Retained earnings

20

261,058

190,581

SHAREHOLDERS' FUNDS

2,962,502

2,970,958

The financial statements were approved by the director and authorised for issue on 23rd June 2026 and were signed by:

C L Weaving - Director

FIXED ASSETS

Intangible assets

8

-

-

Tangible assets

9

5,513,350

5,703,402

Investments

10

-

-

Investment property

11

314,000

314,000

5,827,350

6,017,402

CURRENT ASSETS

Stocks

12

49,043

28,214

Debtors

13

979,119

822,566

Cash at bank and in hand

27,172

12,545

1,055,334

863,325

CREDITORS

Amounts falling due within one year

14

3,665,911

3,443,060

NET CURRENT LIABILITIES

(2,610,577

)

(2,579,735

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,216,773

3,437,667

CREDITORS

Amounts falling due after more than one year

15

(134,076

)

(360,561

)

PROVISIONS FOR LIABILITIES

18

(75,811

)

(78,821

)

NET ASSETS

3,006,886

2,998,285

CAPITAL AND RESERVES

Called up share capital

19

6

6

Revaluation reserve

20

2,701,437

2,780,370

Capital redemption reserve

20

1

1

Retained earnings

20

305,442

217,908

SHAREHOLDERS' FUNDS

3,006,886

2,998,285

Company's profit for the financial year

8,601

40,315

The financial statements were approved by the director and authorised for issue on 23rd June 2026 and were signed by:

C L Weaving - Director

Called up

Capital

share

Retained

Revaluation

redemption

Total

capital

earnings

reserve

reserve

equity

£

£

£

£

£

Balance at 1st October 2023

6

135,137

2,829,263

1

2,964,407

Changes in equity

Total comprehensive income

-

55,444

(48,893

)

-

6,551

Balance at 30th September 2024

6

190,581

2,780,370

1

2,970,958

Changes in equity

Total comprehensive income

-

70,477

(78,933

)

-

(8,456

)

Balance at 30th September 2025

6

261,058

2,701,437

1

2,962,502

Called up

Capital

share

Retained

Revaluation

redemption

Total

capital

earnings

reserve

reserve

equity

£

£

£

£

£

Balance at 1st October 2023

6

128,700

2,829,263

1

2,957,970

Changes in equity

Total comprehensive income

-

89,208

(48,893

)

-

40,315

Balance at 30th September 2024

6

217,908

2,780,370

1

2,998,285

Changes in equity

Total comprehensive income

-

87,534

(78,933

)

-

8,601

Balance at 30th September 2025

6

305,442

2,701,437

1

3,006,886

Cash flows from operating activities

Cash generated from operations

1

554,075

442,490

Interest paid

(216,172

)

(214,298

)

Tax paid

(9,301

)

-

Net cash from operating activities

328,602

228,192

Cash flows from investing activities

Purchase of tangible fixed assets

(28,313

)

(108,014

)

Net cash from investing activities

(28,313

)

(108,014

)

Cash flows from financing activities

New loans in year

164,406

-

Loan repayments in year

(268,885

)

(304,490

)

Hire purchase repayments

-

(8,941

)

Amount introduced by directors

-

32,747

Net cash from financing activities

(104,479

)

(280,684

)

Increase/(decrease) in cash and cash equivalents

195,810

(160,506

)

Cash and cash equivalents at beginning of year

2

(168,593

)

(8,087

)

Cash and cash equivalents at end of year

2

27,217

(168,593

)

1.	RECONCILIATION OF PROFIT/(LOSS) BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

30.9.25

30.9.24

£

£

Profit/(loss) before taxation

45,616

(13,791

)

Depreciation charges

235,387

271,634

Finance costs

216,172

214,298

497,175

472,141

Increase in stocks

(20,829

)

-

Increase in trade and other debtors

(156,553

)

(288,564

)

Increase in trade and other creditors

234,282

258,913

Cash generated from operations

554,075

442,490

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 30th September 2025

30.9.25

1.10.24

£

£

Cash and cash equivalents

27,217

12,545

Bank overdrafts

-

(181,138

)

27,217

(168,593

)

Year ended 30th September 2024

30.9.24

1.10.23

£

£

Cash and cash equivalents

12,545

26,871

Bank overdrafts

(181,138

)

(34,958

)

(168,593

)

(8,087

)

3.	ANALYSIS OF CHANGES IN NET DEBT

At 1.10.24

Cash flow

At 30.9.25

£

£

£

Net cash

Cash at bank and in hand

12,545

14,672

27,217

Bank overdrafts

(181,138

)

181,138

-

(168,593

)

195,810

27,217

Debt

Debts falling due within 1 year

(2,278,478

)

(122,006

)

(2,400,484

)

Debts falling due after 1 year

(360,561

)

226,485

(134,076

)

(2,639,039

)

104,479

(2,534,560

)

Total

(2,807,632

)

300,289

(2,507,343

)

1.	STATUTORY INFORMATION

W W Hotels 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 General 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

At the time of approving the financial statements the director has a reasonable expectation that the group has adequate funding to continue in operational existence for the foreseeable future, subject to the continued support of the group bankers in the form of the renewal of the bank overdraft and bank loan facilities. Thus, the financial statements continue 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.

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 each asset over its estimated useful life.

Freehold property

-

2% on cost

Improvements to property

-

10% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Canal barge

-

4% on cost

Computer equipment

-

33% on cost

Freehold property is recognised at fair value. Any surplus or deficit arising from the change in the fair value is recognised in the statement of other comprehensive income. Other tangible assets are initially measured at cost. All tangible assets are measured at cost or valuation less any accumulated depreciated.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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