Bluebell Event Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

1. General Information

Bluebell Event Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14711686 . 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.

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.

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

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

2.4. 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:

Computer Equipment

3 years straight line

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.

3. Average Number of Employees

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

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	2,000

As at 31 March 2025	2,000

Depreciation
As at 1 April 2024	556
Provided during the period	666

As at 31 March 2025	1,222

...CONTINUED

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Bluebell Event Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	778

As at 1 April 2024	1,444

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	871,502	576,399
Amounts owed by participating interests	103,188	-

	974,690	576,399

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,784	4,284
Amounts owed to group undertakings	169,999	14,999
Amounts owed to participating interests	1,200	-
Other creditors	805,470	543,563
Taxation and social security	100	-

	978,553	562,846

7. Share Capital

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

8. 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.

...CONTINUED

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Bluebell Event Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Financial Instruments - continued

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.

9. Related Party Transactions

The following transactions were entered into with companies in which the directors held an interest or were related parties:

During the year, £295,413 (net) was advanced to Bluebell Hotel Limited. As at the At 31 March 2025, £862,397 (2024 - £566,984) was due from Bluebell Hotel Limited.

During the year, £155,000 (net) was received from Van Dyk Limited. At 31 March 2025, £169,999 (2024 - £14,999) was due to Van Dyk Limited.

During the year, £nil was advanced to Wildes Group Limited. At 31 March 2025, £310 (2024 - £310) was due from Wildes Group Limited.

During the year, £nil was advanced to Wildes Branded Hotels Limited. At 31 March 2025, £9,105 (2024 - £9,105) was due from Wildes Branded Hotels Limited.

During the year, £102,635 (net) was advanced to Wildes Inns Limited. As at the At 31 March 2025, £102,635 (2024 -£nil) was due from Wildes Inns Limited.

During the year, £243 (net) was advanced to Crewe Hotel (Guernsey) Limited. As at the At 31 March 2025, £243 (2024 - £nil) was due from Crewe Hotel (Guernsey) Limited.

During the year, £1,200 (net) was received from Crewe Hotel Holdings Limited. As at the At 31 March 2025, £1,200 (2024 - £nil) was due to Crewe Hotel Holdings Limited.

10. Ultimate Controlling Party

The immediate parent company of Bluebell Event Services Limited is Van Dyk Limited, a company registered in England and Wales, who itself is 100% owned by Wildes Branded Hotels Limited, a company incorporated in England and Wales.

Wildes Branded Hotels Limited is 50% owned by Mr P E Wildes and 50% owned by Mr N Smurthwaite. They are the ultimate controlling parties of Bluebell Event Services Limited.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		778		1,444

			778		1,444
CURRENT ASSETS
Debtors	5	974,690		576,399
Cash at bank and in hand		20,695		-

		995,385		576,399
Creditors: Amounts Falling Due Within One Year	6	(978,553 )		(562,846 )

NET CURRENT ASSETS (LIABILITIES)			16,832		13,553

TOTAL ASSETS LESS CURRENT LIABILITIES			17,610		14,997

NET ASSETS			17,610		14,997

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			17,609		14,996

SHAREHOLDERS' FUNDS			17,610		14,997