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REGISTERED NUMBER: 14845426 (England and Wales)















Financial Statements for the Period 4 May 2023 to 31 October 2024

for

Journey Alerts Limited

Previously known as
Zipabout Local Limited

Journey Alerts Limited (Registered number: 14845426)






Contents of the Financial Statements
for the Period 4 May 2023 to 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Journey Alerts Limited

Company Information
for the Period 4 May 2023 to 31 October 2024







DIRECTORS: D Chick
A Froom
D Fletcher





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 14845426 (England and Wales)





ACCOUNTANTS: City, Chartered Accountants
Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF

Journey Alerts Limited (Registered number: 14845426)

Balance Sheet
31 October 2024

Notes £   
FIXED ASSETS
Intangible assets 4 27,772
Tangible assets 5 5,141
32,913

CURRENT ASSETS
Debtors 6 174,681
Cash at bank 19,217
193,898
CREDITORS
Amounts falling due within one year 7 (152,087 )
NET CURRENT ASSETS 41,811
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,724

PROVISIONS FOR LIABILITIES (1,285 )
NET ASSETS 73,439

CAPITAL AND RESERVES
Called up share capital 8 5
Share premium 349,997
Retained earnings (276,563 )
SHAREHOLDERS' FUNDS 73,439

Journey Alerts Limited (Registered number: 14845426)

Balance Sheet - continued
31 October 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2025 and were signed on its behalf by:





D Chick - Director


Journey Alerts Limited (Registered number: 14845426)

Notes to the Financial Statements
for the Period 4 May 2023 to 31 October 2024

1. STATUTORY INFORMATION

Journey Alerts 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 Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The company passed a special resolution on 31 December 2024 changing its name from Zipabout Local Limited to Journey Alerts Limited.

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services - Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 2 and 3 years straight line.


Journey Alerts Limited (Registered number: 14845426)

Notes to the Financial Statements - continued
for the Period 4 May 2023 to 31 October 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
In the research phase of an internal project, it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if, and only if, certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, being a maximum of ten years.

If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Journey Alerts Limited (Registered number: 14845426)

Notes to the Financial Statements - continued
for the Period 4 May 2023 to 31 October 2024

2. ACCOUNTING POLICIES - continued

Going concern
The Directors confirm that they are satisfied that the company has adequate resources to continue trading for the foreseeable future for a period of at least 12 months from the date of approval of this report. On this basis, the Directors adopt the going concern basis in preparing the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
Additions 1 27,771 27,772
At 31 October 2024 1 27,771 27,772
NET BOOK VALUE
At 31 October 2024 1 27,771 27,772

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 8,888
At 31 October 2024 8,888
DEPRECIATION
Charge for period 3,747
At 31 October 2024 3,747
NET BOOK VALUE
At 31 October 2024 5,141

Journey Alerts Limited (Registered number: 14845426)

Notes to the Financial Statements - continued
for the Period 4 May 2023 to 31 October 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 161,323
Other debtors 13,358
174,681

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 50,948
Taxation and social security 34,296
Other creditors 66,843
152,087

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
464 Ordinary 0.01 5

On 4 May 2023, the company was incorporated with 2 ordinary shares of £1.00 each for £2.00.

On 30 June 2023, the company issued 2 ordinary shares of £1.00 each for £250,000.

On 3 April 2024, 4 ordinary shares of £1.00 each were sub-divided into 400 ordinary shares of £0.01 each.

On 3 April 2024, the company issued 64 ordinary shares of £0.01 each for £100,000.