ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

Company registration number: 07013109

	FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 29 DECEMBER 2024

	JJE ENTERPRISES LIMITED


JJE ENTERPRISES LIMITED

COMPANY INFORMATION

Directors	Mr B Shedden
	Mr J Shedden


Registered number	07013109


Registered office	2nd Floor, Magna House
	18-32 London Road
	Staines-Upon-Thames
	Surrey
	TW18 4BP


Independent auditor	Menzies LLP
	Chartered Accountants & Statutory Auditor
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


JJE ENTERPRISES LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 5


JJE ENTERPRISES LIMITED REGISTERED NUMBER:07013109

STATEMENT OF FINANCIAL POSITION

AS AT 29 DECEMBER 2024

	29 December	31 December
	2024	2023
Note	£	£

Fixed assets
Tangible assets	4		413,217		490,294
			413,217		490,294
Current assets
Stocks		40,667		41,601
Debtors: amounts falling due within one year	5	1,023,699		739,080
Cash at bank and in hand		8,103		8,203
		1,072,469		788,884
Creditors: amounts falling due within one year	6	(413,875)		(441,140)
Net current assets			658,594		347,744
Total assets less current liabilities			1,071,811		838,038
Provisions for liabilities
Deferred tax		(67,441)		(91,029)
			(67,441)		(91,029)
Net assets			1,004,370		747,009

Capital and reserves
Called up share capital	100	100
Profit and loss account	1,004,270	746,909
	1,004,370	747,009

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Mr B Shedden

Director

Date: 17 September 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1


JJE ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 29 DECEMBER 2024

1.	General information

JJE Enterprises Limited is a private company, limited by shares, incorporated in England and Wales. The registered number and address of the registered office is disclosed in the company information page of these financial statements. The principal place of business is Unit 5, The Forum, Hanworth Lane, Chertsey, Surrey, KT16 9JX.
The current reporting period is for a 12 month period from 1st January 2024 to 29th December 2024. However, the comparative amounts presented in the financial statements are not directly comparable to this period as they are for a 14 month period ended 31 December 2023.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The financial statements are presented in sterling which is the financial currency of the company and rounded to the nearest £.
The company operates on a fiscal year that ends on the Sunday closest to the last day of December. The financial statements herein are for the 52 week period ended 29 December 2024.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover 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. Turnover is generated via the operation of fast food outlets and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 2


JJE ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 29 DECEMBER 2024

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Long-term leasehold property	-	10 years straight line
Fixtures and fittings	-	10 years straight line
Computer equipment	-	5 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.8

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, excluding directors, during the period was 180 (2023 - 190).

Page 3


JJE ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 29 DECEMBER 2024

4.	Tangible fixed assets

	Long-term leasehold property	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 January 2024	41,252	1,641,820	5,888	1,688,960
Additions	-	93,549	6,306	99,855
Disposals	-	(184,384)	-	(184,384)
At 29 December 2024	41,252	1,550,985	12,194	1,604,431
Depreciation
At 1 January 2024	15,747	1,181,694	1,225	1,198,666
Charge for the period on owned assets	3,918	170,575	2,439	176,932
Disposals	-	(184,384)	-	(184,384)
At 29 December 2024	19,665	1,167,885	3,664	1,191,214
Net book value
At 29 December 2024	21,587	383,100	8,530	413,217
At 31 December 2023	25,505	460,126	4,663	490,294

Debtors

					29 December	31 December
					2024	2023
					£	£


Amounts owed by group undertakings	650,064	400,969
Prepayments and accrued income	373,635	338,111
	1,023,699	739,080

Page 4


JJE ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 29 DECEMBER 2024

Trade creditors	208,908	177,644
Corporation tax	56,982	100,761
Accruals and deferred income	147,985	162,735
	413,875	441,140

7.	Creditors: Amounts falling due after more than one year

8.	Guarantees

There is a Composite Company Unlimited Unilateral Guarantee in place, dated 7 February 2012, given to HSBC plc by this company, Full House Restaurants Holdings Limited, Full House Restaurants Limited, House Special Limited, Classic Crust Limited, The Woodpecker Inn Limited, Sherston Limited, Sunmead Limited and Surrey Pizzas Limited.

9.	Parent company

Full House Restaurants Holdings Limited, a Company incorporated in the United Kingdom, is the parent company of the smallest group for which consolidated financial statements are drawn up of which the Company is a member. The Company's registered office is 2nd Floor, Magna House, 18-32 London Road, Staines-upon-Thames, Surrey, TW18 4BP.

10.	Auditor's information

The auditor's report on the financial statements for the period ended 29 December 2024 was unqualified.

The audit report was signed on 17 September 2025 by Andrew Cook FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

Page 5