Registration number: 05523510

2 J's Travel Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

2 J's Travel Limited

Company Information

Directors

J Wilson J Rajkovic

Company secretary

J Wilson

Registered office

Coronation House The Borough Wedmore Somerset BS28 4EG

Accountants

Burton Sweet Limited Chartered Accountants and Business Advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

2 J's Travel Limited

(Registration number: 05523510)
Balance Sheet
31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	3,423	2,828
Current assets
Debtors	5	52,664	59,458
Cash at bank and in hand		4,372	3,843
		57,036	63,301
Creditors: Amounts falling due within one year	6	(31,002)	(30,785)
Net current assets		26,034	32,516
Total assets less current liabilities		29,457	35,344
Creditors: Amounts falling due after more than one year	6	(26,234)	(31,943)
Provisions for liabilities		(856)	(632)
Net assets		2,367	2,769
Capital and reserves
Called up share capital		2	2
Retained earnings		2,365	2,767
Shareholders' funds		2,367	2,769

2 J's Travel Limited

(Registration number: 05523510)
Balance Sheet
31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 September 2025 and signed on its behalf by:
 

......................................... J Wilson Company secretary and director

......................................... J Rajkovic Director

2 J's Travel Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Coronation House
The Borough
Wedmore
Somerset
BS28 4EG

These financial statements were authorised for issue by the Board on 18 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities and is shown net of value added tax.

Tax

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

2 J's Travel Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

The current corporation 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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment	15% per annum reducing balance

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

2 J's Travel Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

2 J's Travel Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 April 2024	5,683	5,683
Additions	1,201	1,201
At 31 March 2025	6,884	6,884
Depreciation
At 1 April 2024	2,855	2,855
Charge for the year	606	606
At 31 March 2025	3,461	3,461
Carrying amount
At 31 March 2025	3,423	3,423
At 31 March 2024	2,828	2,828

5

Debtors

	2025 £	2024 £
Trade debtors	9,256	11,334
Other debtors	43,408	48,124
	52,664	59,458

2 J's Travel Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Loans and borrowings	5,850	5,850
Taxation and social security	22,742	22,505
Accruals and deferred income	2,410	2,430
	31,002	30,785

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Loans and borrowings	26,234	31,943

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £63,050 (2024 - £71,500).

8	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
Directors Loan Account	40,051	(13,340)	26,711