Directors Report 1

The directors present their Strategic Report, Directors' Report and the audited financial statements of the company for the year to 31 December 2015.
Business Review
The company's principal activity during the year was that of an intermediate holding company. The company's subsidiary undertakings are shown in note 7 to the financial statements.
The company expects to incur interest costs and receive interest income into the foreseeable future.

Financial Risk Management
The company's operations expose it to a variety of financial risks that include the effects of changes in interest rates. The company's ultimate parent undertaking, Hamsard 3120 Limited, manages the interest rate risks associated with the whole group, as disclosed in the financial statements of that company.
The company receives and pays interest on intercompany lending at a market rate of interest.

By order of the Board

R F Cooper Director 2016-05-11 00:00:00

2.0

Mirrorgrill Limited Registered Number 06544798 Directors' report
Directors The directors of the company who were in office during the year and up to the date of signing the financial statements were:
S Cole R F Cooper

Results and Dividends The profit for the financial year amounted to ?848,321 (2014: ?723,620). The Company received dividends of ?1,085,000 (2014: ?975,000) from a subsidiary company within the group. The directors approved and paid an interim dividend of ?185,000 on 26 May 2015 (2014: ?125,000 on 22 April 2014) and a final dividend of ?550,000 on 16 December 2015 (2014: ?575,000 on 16 December 2014). A retained profit of ?113,231 (2014 profit: ?23,620) has been taken to reserves.
Directors' indemnities
Directors and Officers' Liability insurance was purchased and maintained throughout the financial year in respect of each Company within the group and its Directors.
Statement of directors' responsibilities
The directors are responsible for preparing the Strategic Report, Directors' Report 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 prepared the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102). 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; ?state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ?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 positicin 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.
The directors are responsible for the maintenance and integrity of the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

3.0

Mirrorgrill Limited Registered Number 06544798 Directors' report (continued)
Disclosure of information to auditors
So far as each director is aware, there is no relevant audit information of which the company's auditors are unaware. Relevant information is defined as information needed by the company's auditors in connection with preparing their report. Each director has taken all the steps (such as making enquiries of other directors and the auditors and any other steps required by the director's duty to exercise due care, skill and diligence) that he ought to have taken in his duty as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Independent Auditors
The auditors, PricewaterhouseCoopers LLP, have indicated their willingness to continue in office.

By order of the Board

R F Cooper Director ?I May 2016

4.0
Mirrorgrill Limited Registered Number 06544798

Independent auditors' report to the members of Mirrorgrill Limited
Report on the financial statements
Our opinion In our opinion, Mirrorgrill Limited's financial statements ("the financial statements"):
?give a true and fair view of the state of the company's affairs as at 31 December 2015 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.
What we have audited Mirrorgrill Limited's financial statements, comprise:
?the balance sheet as at 31 December 2015; ?the profit and loss account for the year then ended; ?the statement of changes in equity for the year then ended; ?the statement of accounting policies; and ?the notes to the financial statements, which include other explanatory information. Certain required disclosures have been presented elsewhere in the Annual Report, rather than in the notes to the financial statements. These are cross-referenced from the financial statements and are identified as audited.
The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
In applying the financial reporting framework, the directors have made a number of subjective judgements, for example in respect of significant accounting estimates. In making such estimates, they have made assumptions and considered future events.
Opinion on other matter prescribed by the Companies Act 2006 In our opinion the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements.
Other matters on which we are required to report by exception
Adequacy of accounting records and information and explanations received Under the Companies Act 2006 we are required to report to you if, in our opinion:

Directors Report 2

The directors present their Strategic Report, Directors' Report and the audited financial statements of the company for the year to 31 December 2014.
Business Review
The company's principal activity during the year was that of an intermediate holding company. The company's principal subsidiary undertakings are shown in note 7 to the financial statements.
The company expects to incur interest costs and receive interest income into the foreseeable future.

Financial Risk Management
The company's operations expose it to a variety of financial risks that include the effects of changes in interest rates. The company's ultimate parent undertaking, Hamsard 3120 Limited, manages the interest rate risks associated with the whole group, as disclosed in the financial statements of that company.
The company receives and pays interest on intercompany lending at a market rate of interest.

By order of the Board

R F Cooper Director 22_ May 2015

2.0

Mirrorgrill Limited Directors' report

Results and Dividends The profit for the financial year amounted to ?723,620 (2013: ?359,297). The Company received dividends of ?975,000 (2013: ?595,000) from a subsidiary company within the group. The directors approved and paid an interim dividend of ?125,000 on 22nd April 2014 (2013: ?300,000) and a final dividend of ?575,000 on 16th December 2014 (2013: ?45,000 on 19 December 2013). A retained profit of ?23,620 (2013 profit: ?14,297) has been taken to reserves.

Directors The directors who held office during the year and to the date of this report are given below:
S Cole R F Cooper
Directors' indemnities
Directors' and Officers' Liability insurance was purchased and maintained throughout the financial year in respect of each Company within the group and its Directors.
Statement of directors' responsibilities
The directors are responsible for preparing the Strategic Report, Directors' Report 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 prepared 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; ?state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ?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.
The directors are responsible for the maintenance and integrity of the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

3.0
Mirrorgrill Limited

Directors' report (continued)
Disclosure of information to auditors
So far as each director is aware, there is no relevant audit information of which the company's auditors are unaware. Relevant information is defined as information needed by the company's auditors in connection with preparing their report. Each director has taken all the steps (such as making enquiries of other directors and the auditors and any other steps required by the director's duty to exercise due care, skill and diligence) that he ought to have taken in his duty as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Independent Auditors
The auditors, PricewaterhouseCoopers LLP, have indicated their willingness to continue in office.

This report has been prepared in accordance with Special provisions relating to small companies within Part 15 of the Companies Act 2006.

By order of the Board

R F Coo er Director 2015-05-22 00:00:00

4.0
Mirrorgrill Limited

Independent auditors' report to the members of Mirrorgrill Limited
Report on the financial statements
Our opinion In our opinion, Mirrorgrill Limited's financial statements ("the /financial statements"):
?give a true and fair view of the state of the company's affairs as at 31 December 2014 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.
What we have audited Mirrorgrill Limited's financial statements, comprise:
?the balance sheet as at 31 December 2014; ?the profit and loss account for the year then ended; ?the statement of accounting policies; and ?the notes to the financial statements, which include other explanatory information. Certain required disclosures have been presented elsewhere in the Annual Report, rather than in the notes to the financial statements. These are cross-referenced from the financial statements and are identified as audited.
The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In applying the financial reporting framework, the directors have made a number of subjective judgements, for example in respect of significant accounting estimates. In making such estimates, they have made assumptions and considered future events.
Opinion on other matter prescribed by the Companies Act 2006 In our opinion the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements.
Other matters On which we are required to report by exception
Adequacy of accounting records and information and explanations received Under the Companies Act 2006 we are required to report to you if, in our opinion:
- we have not received all the information and explanations we require for our audit; or ?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. We have no exceptions to report arising from this responsibility.
Directors' remuneration Under the Companies Act 2006 we are required to report to you if, in our opinion, certain disclosures of directors' remuneration specified by law are not made. We have no exceptions to report arising from this responsibility. 5.0
Mirrorgrill Limited

Independent auditors' report to the members of Mirrorgrill Limited (continued)
Responsibilities for the financial statements and the audit
Our responsibilities and those of the directors As explained more fully in the Statement of directors' responsibilities set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.
Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and ISAs (UK & Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors.
This report, including the opinions, has been prepared for and only for the company's members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and for no other purpose. We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.
What an audit of financial statements involves We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) ("ISAs (UK & Ireland)"). An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from Material misstatement, whether caused by fraud or error. This includes an assessment of:
?whether the accounting policies are appropriate to the company's circumstances and have been consistently applied and adequately disclosed; ?the reasonableness of significant accounting estimates made by the directors; and ?the overall presentation of the financial statements.

We primarily focus our work in:these areas by assessing the directors' judgements against available evidence, forming our own judgements, and evaluating the disclosures in the financial statements.
We test and examine information, using sampling and other auditing techniques, to the extent we consider necessary to provide a reasonable basis for us to draw conclusions. We obtain audit evidence through testing the effectiveness of controls, substantive procedures or a combination of both.
In addition, we read all the financial and non-financial information in the Annual Report to identify material inconsistencies with the audited financial statements and to identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.

Andy Ward (Senior Statutory Auditor) for and on behalf of PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors Sheffield ST May 2015

6.0
Mirrorgrill Limited

Directors Report 3

Directors' report

Results and Dividends The profit for the financial year amounted to ?359,297 (2012: ?457,707). The Company received dividends of ?595,000 (2012: ?690,000) from a subsidiary company within the group. The directors approved and paid an interim dividend of ?300,000 on 18th June 2013 (2012:?nil) and a final dividend of ?45,000 on 19th December 2013 (2012: ?450,000 on 18 December 2012). A retained profit of ?14,297 (2012 profit: ?7,707) has been taken to (2012: to) reserves.

Directors The directors who held office during the year and to the date of this report are given below:
S Cole R F Cooper
Directors' indemnities
Directors' and Officers' Liability insurance was purchased and maintained throughout the financial year in respect of each Company within the group and its Directors.
Statement of directors' responsibilities
The directors are responsible for preparing the Strategic Report, Directors' Report 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 prepared 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; ?state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ?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.
The directors are responsible for the maintenance and integrity of the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

3.0
Mirrorgrill Limited

Directors' report (continued)
Disclosure of information to auditors
So far as each director is aware, there is no relevant audit information of which the company's auditors are unaware. Relevant information is defined as information needed by the company's auditors in connection with preparing their report. Each director has taken all the steps (such as making enquiries of other directors and the auditors and any other steps required by the director's duty to exercise due care, skill and diligence) that he ought to have taken in his duty as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Independent Auditors
The auditors, PricewaterhouseCoopers LLP, have indicated their willingness to continue in office.

This report has been prepared in accordance with Special provisions relating to small companies within Part 15 of the Companies Act 2006.

By order of the Board

R F Cooper Director 2014-05-22 00:00:00

4.0
Mirrorgrill Limited

Independent auditors' report to the members of Mirrorgrill Limited
Report on the financial statements
Our opinion In our opinion the financial statements, defined below:
?give a true and fair view of the state of the company's affairs as at 31 December 2013 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. This opinion is to be read in the context of what we say in the remainder of this report.
What we have audited The financial statements, which are prepared by Mirrorgrill Limited, comprise:
?the balance sheet as at 31 December 2013; ?the profit and loss account for the year then ended; ?the statement of accounting policies; and ?the notes to the financial statements, which include other explanatory information. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In applying the financial reporting framework, the directors have made a number of subjective judgements, for example in respect of significant accounting estimates. In making such estimates, they have made assumptions and considered future events.
What an audit of financial statements involves We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) ("ISAs (UK & Ireland)"). An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of:
?whether the accounting policies are appropriate to the company's circumstances and have been consistently applied and adequately disclosed; ?the reasonableness of significant accounting estimates made by the directors; and ?the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the Annual Report to identify material inconsistencies with the audited financial statements and to identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.
Mirrorgrill Limited

Independent auditors report to the members of Mirrorgrill Limited (continued)
Opinion on other matter prescribed by the Companies Act 2006 In our opinion the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements.
Other matters on which we are required to report by exception
Adequacy of accounting records and information and explanations received Under the Companies Act 2006 we are required to report to you if, in our opinion:
? we have not received all the information and explanations we require for our audit; or ?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. We have no exceptions to report arising from this responsibility.
Directors' remuneration Under the Companies Act 2006 we are required to report to you if, in our opinion, certain disclosures of directors' remuneration specified by law are not made. We have no exceptions to report arising from this responsibility.
'Responsibilities for the financial statements and the audit
Our responsibilities and those of the directors As explained more fully in the Statement of directors' responsibilities set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.
Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and ISAs (UK & Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors.
This report, including the opinions, has been prepared for and only for the company's members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and for no other purpose. We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.

Andy Ward (Senior Statutory Auditor) for and on behalf of PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors Sheffield fel. May 2014

6.0
Mirrorgrill Limited

Directors Report 4

Directors' report
The directors present their report and the audited financial statements of the company for the year to 31 2012-12-01 00:00:00
Principal activities
The company's pnncipal activity during the year was that of an intermediate holding company The company's principal subsidiary undertakings are shown in note 7 to the financial statements The company expects to incur interest costs and receive interest income into the foreseeable future Results and Dividends The profit for the year after taxation amounted to ?457,707 (2011 ?291,489) The Company received dividends of ?690,000 (2011 ?585,000) from a subsidiary company within the group The directors approved and paid a final dividend of ?450,000 on 18 December 2012 (2011 ?285,000 on 19 December 2011) A retained profit of ?7,707 (2011 profit ?6,489) has been taken to (2011 to) reserves
Directors The directors who held office during the year and to the date of this report are given below
S Cole R F Cooper AM Hall (resigned 213' June 2012)
Directors' indemnities
Directors' and Officers' Liability insurance was purchased and maintained throughout the financial year in respect of each Company within the Hamsard 3120 group and its Directors
Financial Risk Management
The company's operations expose it to a variety of financial risks that include the effects of changes in interest rates The company's ultimate parent undertaking, Hamsard 3120 Limited, manages the interest rate risks associated with the whole group, as disclosed in the financial statements of that company The company receives and pays interest on intercompany lending at a market rate of interest Statement of directors' responsibilities
The directors are responsible for preparing the Directors' Report 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 prepared 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 prepanng 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, ?state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements,

2.0
Mirrorgrill Limited

Directors' report (continued)
?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
Disclosure of information to auditors
So far as each director is aware, there is no relevant audit information of which the company's auditors are unaware Relevant information is defined as information needed by the company's auditors in connection with preparing their report Each director has taken all the steps (such as making enquiries of other directors and the auditors and any other steps required by the director's duty to exercise due care, skill and diligence) that he ought to have taken in his duty as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information
Independent Auditors
The auditors, PricewaterhouseCoopers LLP, have indicated their willingness to continue in office

This report has been prepared in accordance with Special provisions relating to small companies within Part 15 of the Companies Act 2006

By order of the Board

R F Cooper Director II May 2013

3.0
Mirrorgrill Limited

Independent auditors' report to the members of Mirrorgrill Limited
We have audited the financial statements of Mirrorgrill Limited for the year ended 31 December 2012 which comprise the Profit and loss account, the Balance Sheet, the Statement of accounting policies and the Related notes The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
Respective responsibilities of directors and auditors
As explained more fully in the statement of Directors' responsibilities set out on page 2 and page 3 the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland) Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors
This report, including the opinions, has been prepared for and only for the company's members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and for no other purpose We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing
Scope of the audit of the financial statements
An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error This includes an assessment of whether the accounting policies are appropriate to the company's circumstances and have been consistently applied and adequately disclosed, the reasonableness of significant accounting estimates made by the directors, and the overall presentation of the financial statements In addition, we read all the financial and non-financial information in the annual report to identify material inconsistencies with the audited financial statements If we become aware of any apparent matenal misstatements or inconsistencies we consider the implications for our report
Opinion on financial statements
In our opinion the financial statements ?give a true and fair view of the state of the company's affairs as at 31 December 2012 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 Opinion on other matter prescribed by the Companies Act 2006
In our opinion the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements

4.0
Mirrorgrill Limited

Independent auditors' report to the members of Mirrorgrill Limited (continued)

Matters on which we are required to report by exception
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

Andy Ward Senior Statutory Auditor For and on behalf of PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors Sheffield it May 2013

5.0
Mirrorgrill Limited

Directors Report 5

Directors' report
The directors present their report and the audited financial statements of the company for the year to 31 2011-12-01 00:00:00
Principal activities
The company's principal activity during the year was that of an intermediate holding company The company's principal subsidiary undertakings are shown in note 7 to the financial statements The company expects to incur interest costs and receive interest income into the foreseeable future Results and Dividends
The profit for the year after taxation amounted to ?291,489 (2010 ?70,794) The Company received dividends of ?585,000 (2010 ?400,000) from a subsidiary company within the group The directors approved and paid a final dividend of ?285,000 on 19 December 2011 (2010 ?75,000 on 22 December 2010) A retained profit of ?6,489 (2010 loss ?4,206) has been taken to (2010 from) reserves
Directors
The directors who held office during the year and to the date of this report are given below
S Cole AM Hall R F Cooper
Directors' indemnities
Directors' and Officers' Liability insurance was purchased and maintained throughout the financial year in respect of each Company within the Hamsard 3120 group and its Directors
Financial Risk Management
The company's operations expose it to a variety of financial risks that include the effects of changes in interest rates The company's ultimate parent undertaking, Hamsard 3120 Limited, manages the interest rate risks associated with the whole group, as disclosed in the financial statements of that company The company receives and pays interest on intercompany lending at a market rate of interest Statement of directors' responsibilities
The directors are responsible for preparing the Directors' Report 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 prepared 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 penod 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, ?state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, ?prepare the financial statements on the going concern basis unless it is inappropnate to presume that the company will continue in business
2.0
Mirrorgrill Limited

Directors' report (continued)
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
Auditors and disclosure of information to auditors
So far as each director is aware, there is no relevant audit information of which the company's auditors are unaware Relevant information is defined as information needed by the company's auditors in connection with preparing their report Each director has taken all the steps (such as making enquiries of other directors and the auditors and any other steps required by the director's duty to exercise due care, skill and diligence) that he ought to have taken in his duty as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information
Independent Auditors
The auditors, PricewaterhouseCoopers LLP, have indicated their willingness to continue in office

This report has been prepared in accordance with Special provisions relating to small companies within Part 15 of the Companies Act 2006

By order of the Board
lb?
R F Cooper Director 2012-06-20 00:00:00

3.0
Mirrorgrill Limited

Independent auditors' report to the members of Mirrorgrill Limited
We have audited the financial statements of Mirrorgrill Limited for the year ended 31 December 2011 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Accounting Policies and the related notes The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
Respective responsibilities of directors and auditors
As explained more fully in the statement of Directors' responsibilities set out on page 2 the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland) Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors
This report, including the opinions, has been prepared for and only for the company's members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and for no other purpose We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing
Scope of the audit of the financial statements
An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error This includes an assessment of whether the accounting policies are appropriate to the company's circumstances and have been consistently applied and adequately disclosed, the reasonableness of significant accounting estimates made by the directors, and the overall presentation of the financial statements In addition, we read all the financial and non-financial information in the annual report and financial statements to identify material inconsistencies with the audited financial statements If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report
Opinion on financial statements
In our opinion the financial statements ?give a true and fair view of the state of the company's affairs as at 31 December 2011 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 Opinion on other matter prescribed by the Companies Act 2006
In our opinion the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements

4.0

Mirrorgrill Limited

Independent auditors' report to the members of Mirrorgrill Limited (continued)

Matters on which we are required to report by exception
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

Andrew Ward Senior Statutory Auditor For and on behalf of PncewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors Sheffield 1-0 June 2012

5.0
Mirrorgrill Limited

Directors Report 6

Directors' report
The directors present their report and the audited financial statements of the company for the year to 31 2010-12-01 00:00:00
Principal activities The company's principal activity during the year was that of an intermediate holding company The company's principal subsidiary undertakings are shown in note 6 to the financial statements
The company expects to incur interest costs and receive interest income into the foreseeable future
Results and Dividends The profit for the year after taxation amounted to ?70,794 (2009 ?161,411) The Company received dividends of ?400,000 (2009 ?425,000) from a subsidiary company within the group The directors did not approve an interim dividend in the year (2009 ?250,000 on 23 June 2009), but approved and paid a final dividend of ?75,000 on 22 December 2010 (2009 Enil on 22 December 2009) A retained loss of ?4,206 (2009 loss ?88,589) has been taken from reserves
Directors The directors who held office during the year and to the date of this report are given below
S Cole A M Hall R F Cooper
Financial Risk Management The company's operations expose it to a variety of financial risks that include the effects of changes in interest rates
The company's ultimate parent undertaking, Hamsard 3120 Limited, manages the interest rate risks associated with the whole group, as disclosed in the financial statements of that company
The company receives and pays interest on intercompany lending at a market rate of interest
Statement of directors' responsibilities The directors are responsible for prepanng the Directors' report 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

2.0

Mirrorgrill Limited

Directors' report (continued)
Auditors and disclosure of information to auditors So far as each director is aware, there is no relevant audit information of which the company's auditors are unaware Relevant information is defined as information needed by the company's auditors in connection with prepanng their report Each director has taken all the steps (such as making enquines of other directors and the auditors and any other steps required by the director's duty to exercise due care, skill and diligence) that he ought to have taken in his duty as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information
Independent Auditors The auditors, PncewaterhouseCoopers LLP, have indicated their willingness to continue in office

By order of the Board

Lc R F Coo er Director i 0, May 2011

3.0
Mirrorgrill Limited
Independent auditors' report to the members of Mirrorgrill Limited
We have audited the financial statements of Mirrorgrill Limited for the year ended 31 December 2010 which comprise the Profit and loss account, the Balance sheet and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Respective responsibilities of directors and auditors As explained more fully in the Directors' responsibilities statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. Our responsibility is to audit the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors.
This report, including the opinions, has been prepared for and only for the company's members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and for no other purpose We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.
Scope of the audit of the financial statements An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of. whether the accounting policies are appropriate to the company's circumstances and have been consistently applied and adequately disclosed, the reasonableness of significant accounting estimates made by the directors, and the overall presentation of the financial statements
Opinion on financial statements In our opinion the financial statements ?give a true and fair view of the state of the company's affairs as at 31 December 2010 and of its 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
Opinion on other matter prescribed by the Companies Act 2006 In our opinion the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements.
Matters on which we are required to report by exception 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 1. wea h e ot received all the information and explanations we require for our audit n Joanla Allen Senior Statutory Auditor For and on behalf of PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors Sheffield 2011-05-01 00:00:00 4.0

L

?
Mirrorgrill Limited

Directors Report 7

Directors' report for the year ended 31 December 2009 2 Independent auditors' report to the members of Mirrorgrill Limited 4 Profit and loss account for the year ended 31 December 2009 5

Directors Report 8

Directors' report for the period ended 31 December 2008 2
Profit and loss account for the period ended 31 December 2008 5