Registered number: 03135245
Unaudited
For the year ended 31 December 2024
Balance sheet
As at 31 December 2024
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 profit and loss account 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 on 30 September 2025 .
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Notes to the financial statements
For the year ended 31 December 2024
James Travel Airfares Limited is a company incorporated in the United Kingdom and registered England and Wales under the Companies Act. The registered office is given in the company information page of these financial statements. The principal activity is that of a dormant company.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
Page 2
Notes to the financial statements
For the year ended 31 December 2024
At 31 December 2024, the immediate parent undertaking is Alfendo Limited, a company incorporated and registered in England and Wales. Copies of the financial statements for Alfendo Limited can be obtained from its registered office, 2210-2215 The Crescent, Birmingham Business Park, Birmingham, B37 7YE.
At 31 December 2024, the ultimate parent undertaking is JTA Holdings Limited, a company incorporated and registered in England and Wales.
At 31 December 2024, the Directors considered the ultimate controlling party to be C Verges by virtue of his majority shareholding.
At 31 December 2024, the ultimate parent undertaking is JTA Holdings Limited, a company incorporated and registered in England and Wales.
At 31 December 2024, the Directors considered the ultimate controlling party to be C Verges by virtue of his majority shareholding.
Page 3