Hollywood Bowl Group plc Annual Financial Report and Notice of AGM (3293K)

TIDMBOWL

RNS Number : 3293K

Hollywood Bowl Group plc

22 December 2022

22 December 2022

Hollywood Bowl Group plc

Annual Financial Report and Notice of AGM

Hollywood Bowl Group plc (the "Company") announced its audited results for the year ended 30 September 2022 on 16 December 2022. Further to that announcement, the Company confirms that the following documents have been published today:

   --      Annual Report for the year ended 30 September 2022 ("2022 Annual Report") 
   --      Notice of 2023 Annual General Meeting ("AGM") 

These documents are available on the Company's website at www.hollywoodbowlgroup.com , and printed copies will be posted to those shareholders who have elected to receive documents in hard copy today.

The AGM will be held at 9.30 am on Monday 30 January 2023 at Investec Bank plc, 30 Gresham Street, London EC2V 7QP.

In compliance with LR 9.6.1 copies of the above documents have been submitted to the National Storage Mechanism for submission to the Financial Conduct Authority and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

A condensed set of the Hollywood Bowl Group plc financial statements, including information on important events that have occurred during the year and their impact on the financial statements, and a description of the Group's principal risks and uncertainties, were included in the Company's Final Results for the Year Ended 30 September 2022 released on 16 December 2022. To view the Final Results announcement, visit the Company website at www.hollywoodbowlgroup.com/investors . That information, together with the information set out in the Appendix below, which is extracted from the 2022 Annual Report, constitutes the information required under DTR6.3.5R to be communicated to the media in unedited full text through a Regulatory Information Service.

This announcement is not a substitute for reading the 2022 Annual Report. Cross-references and page numbers in the extracted information below refer to sections in the 2022 Annual Report. The information contained in this announcement and in the Final Results announcement does not constitute the Group's statutory accounts but is derived from those accounts. The statutory accounts for the year-ended 30 September 2022 have been approved by the Board and will be delivered to the Registrar of Companies following the Company's AGM.

Enquiries:

 
 Hollywood Bowl Group                        via Tulchan Communications 
  Stephen Burns, Chief Executive Officer 
  Laurence Keen, Chief Financial Officer 
  Mat Hart, Chief Marketing and Technology 
  Officer 
 
 
 Tulchan Communications                      [e-mail] 
  W ill Palfreyman                            [phone] 
  James Macey White                           4200 
  Laura Marshall 
 
 

APPENDIX

Statement of Directors' Responsibilities (2022 Annual Report - page 117)

The Directors are responsible for preparing the Annual Report and the Group and parent Company financial statements in accordance with applicable law and regulations.

Company law requires the Directors to prepare Group and parent Company financial statements for each financial year. Under that law they are required to prepare the Group financial statements in accordance with UK-adopted international accounting standards and applicable law and have elected to prepare the parent Company financial statements in accordance with UK accounting standards and applicable law, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

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 Group and parent Company and of the Group's profit or loss for that period. In preparing each of the Group and parent Company financial statements, the Directors are required to:

   --      select suitable accounting policies and then apply them consistently; 
   --      make judgements and estimates that are reasonable, relevant, reliable and prudent; 

-- for the Group Financial Statements, state whether they have been prepared in accordance with UK-adopted international accounting standards;

-- for the Parent Company Financial Statements, state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the Parent Company Financial Statements;

-- assess the Group and Parent Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and

-- use the going concern basis of accounting unless they either intend to liquidate the Group or the Parent Company or to cease operations, or have no realistic alternative but to do so.

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the parent Company's transactions, and disclose with reasonable accuracy at any time the financial position of the parent Company and enable them to ensure that its financial statements comply with the Companies Act 2006. They are responsible for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error, and have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Group and to prevent and detect fraud and other irregularities.

Under applicable law and regulations, the Directors are also responsible for preparing a Strategic report, Directors' report, Directors' remuneration report and corporate governance statement that complies with that law and those regulations.

The Directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

In accordance with Disclosure Guidance and Transparency Rule 4.1.14R, the financial statements will form part of the annual financial report prepared using the single electronic reporting format under the TD ESEF Regulation. The auditor's report on these financial statements provides no assurance over the ESEF format.

Responsibility statement of the Directors in respect of the annual financial report

We confirm that to the best of our knowledge:

-- the Financial Statements, prepared in accordance with the applicable set of accounting standards, give a true and fair view of the assets, liabilities, financial position and profit or loss of the Company and the undertakings included in the consolidation taken as a whole; and

-- the Strategic report includes a fair review of the development and performance of the business and the position of the issuer and the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face.

We consider that the Annual Report and Accounts, taken as a whole, is fair, balanced and understandable and provides the information necessary for shareholders to assess the Group's position and performance, business model and strategy.

By order of the Board

 
 Stephen Burns              Laurence Keen 
  Chief Executive Officer    Chief Financial Officer 
  15 December 2022           15 December 2022 
 

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December 22, 2022 05:30 ET (10:30 GMT)