225 false false false false false false false false false false true false false false false false false No description of principal activity 2025-01-01 Sage Accounts Production Advanced 2025 - FRS102_2025 1,815,640 1,815,640 68,087 68,087 1,747,553 35,481 623,401 658,882 4,028 46,048 50,076 608,806 31,453 1,250 2,500 3,750 3,750 1,250 xbrli:pure xbrli:shares iso4217:GBP 14709265 2025-01-01 2025-12-31 14709265 2025-12-31 14709265 2024-12-31 14709265 2024-01-01 2024-12-31 14709265 2024-12-31 14709265 2023-12-31 14709265 core:NetGoodwill 2025-01-01 2025-12-31 14709265 bus:Director1 2025-01-01 2025-12-31 14709265 core:NetGoodwill 2025-12-31 14709265 core:PlantMachinery 2024-12-31 14709265 core:PlantMachinery 2025-12-31 14709265 core:PlantMachinery 2025-01-01 2025-12-31 14709265 core:WithinOneYear 2025-12-31 14709265 core:WithinOneYear 2024-12-31 14709265 core:AfterOneYear 2025-12-31 14709265 core:AfterOneYear 2024-12-31 14709265 core:ShareCapital 2025-12-31 14709265 core:ShareCapital 2024-12-31 14709265 core:RetainedEarningsAccumulatedLosses 2025-12-31 14709265 core:RetainedEarningsAccumulatedLosses 2024-12-31 14709265 core:BetweenOneFiveYears 2025-12-31 14709265 core:BetweenOneFiveYears 2024-12-31 14709265 core:MoreThanFiveYears 2025-12-31 14709265 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 14709265 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-12-31 14709265 core:CostValuation core:Non-currentFinancialInstruments 2025-12-31 14709265 core:Non-currentFinancialInstruments 2025-12-31 14709265 core:Non-currentFinancialInstruments 2024-12-31 14709265 core:PlantMachinery 2024-12-31 14709265 bus:SmallEntities 2025-01-01 2025-12-31 14709265 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 14709265 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 14709265 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 14709265 bus:FullAccounts 2025-01-01 2025-12-31 14709265 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 14709265 core:KeyManagementPersonnel 2025-01-01 2025-12-31 14709265 core:KeyManagementPersonnel 2025-12-31 14709265 core:KeyManagementPersonnel 2024-12-31
COMPANY REGISTRATION NUMBER: 14709265

Jammo Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2025

Jammo Limited

Financial Statements

Year ended 31 December 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Jammo Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 1,747,553 |  | –
Tangible assets | 6 |  | 608,806 |  | 31,453
Investments | 7 |  | 3,750 |  | 1,250
|  | ------------- |  | --------
|  | 2,360,109 |  | 32,703

Current assets

Stocks | 54,247 |  | 23,853 |
Debtors | 8 | 91,092 |  | 7,944 |
Cash at bank and in hand | 885,034 |  | 539,694 |
| ------------- |  | ---------- |
| 1,030,373 |  | 571,491 |

Creditors: amounts falling due within one year | 9 | 1,579,348 |  | 424,381 |
| ------------- |  | ---------- |
Net current (liabilities)/assets |  | ( 548,975) |  | 147,110
|  | ------------- |  | ----------
Total assets less current liabilities |  | 1,811,134 |  | 179,813

Creditors: amounts falling due after more than one year | 10 |  | 1,651,711 |  | 84,383

Provisions |  | 36,648 |  | 7,863
|  | ------------- |  | ----------
Net assets |  | 122,775 |  | 87,567
|  | ------------- |  | ----------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 122,675 |  | 87,467
|  | ---------- |  | --------
Shareholders funds |  | 122,775 |  | 87,567
|  | ---------- |  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

Jammo Limited

Statement of Financial Position (continued)

31 December 2025
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 9 April 2026 , and are signed on behalf of the board by:

Mr T Jamison |
Director |

Company registration number: 14709265

Jammo Limited

Notes to the Financial Statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Accounting Centre Ltd, First Floor, 736 High Road, London, N12 9QD.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102 section 1a, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. (b) Going concern The UK economy has recently been impacted by rising inflation, interest rates and energy costs, largely as a consequence of foreign wars. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the director has considered the effect of these matters on the company with the information available to it and does not believe that it will affect the ability of the company to continue to trade for the foreseeable future. As a result, at the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources and facilities in place to continue in operational existence for at least 12 months. On this basis, the director has prepared these financial statements on a going concern basis. (c) Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from sale of goods is recognised at the point of sale to the customer. (d) Current and deferred tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference. (e) Operating leases The company's restaurant premises are leased from McDonalds Restaurants Limited under non-cancellable operating leases. The rental payments are calculated on a monthly basis and are substantially based on annual sales income generated. (f) Franchise rights Amounts classified as franchise rights in the financial statements relates to the amount invoiced in connection with the acquisition of operating restaurants, and is separate to the amount identified and invoiced as plant and equipment. Franchise rights are measured at cost less accumulated amortisation and accumulated impairment losses and are amortised on a straight-line basis over the useful economic life.
(g) Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Franchise Rights | - | 20 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
(h) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
(i) Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 10 years

(j) Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
(k) Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
(l) Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.
(m) Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
(n) Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 225 (2024: 135 ).
5. Intangible assets

| Franchise Rights
| £
Cost |
Additions | 1,815,640
| -------------
At 31 December 2025 | 1,815,640
| -------------
Amortisation |
Charge for the year | 68,087
| -------------
At 31 December 2025 | 68,087
| -------------
Carrying amount |
At 31 December 2025 | 1,747,553
| -------------
At 31 December 2024 | –
| -------------

6. Tangible assets

| Plant and machinery
| £
Cost |
At 1 January 2025 | 35,481
Additions | 623,401
| ----------
At 31 December 2025 | 658,882
| ----------
Depreciation |
At 1 January 2025 | 4,028
Charge for the year | 46,048
| ----------
At 31 December 2025 | 50,076
| ----------
Carrying amount |
At 31 December 2025 | 608,806
| ----------
At 31 December 2024 | 31,453
| ----------

7. Investments

| Trade investment
| £
Cost |
At 1 January 2025 | 1,250
Additions | 2,500
| -------
At 31 December 2025 | 3,750
| -------
Impairment |
At 1 January 2025 and 31 December 2025 | –
| -------

Carrying amount |
At 31 December 2025 | 3,750
| -------
At 31 December 2024 | 1,250
| -------

8. Debtors

| 2025 | 2024
| £ | £
Prepayments | 30,563 | 7,844
Other debtors | 60,529 | 100
| -------- | -------
| 91,092 | 7,944
| -------- | -------

The debtors above include the following amounts falling due after more than one year:

| 2025 | 2024
| £ | £
Other debtors | 38,922 | –
| -------- | ----

9. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 300,000 | –
Trade creditors | 420,044 | 118,299
Corporation tax | – | 7,000
Social security and other taxes | 420,340 | 141,133
Accruals | 438,964 | 157,949
| ------------- | ----------
| 1,579,348 | 424,381
| ------------- | ----------

10. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 1,575,000 | –
Directors loan account | 76,711 | 84,383
| ------------- | --------
| 1,651,711 | 84,383
| ------------- | --------

11. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
| Not later than 1 year | 839,339 | 418,059
| Later than 1 year and not later than 5 years | 176,500 | 201,585
| Later than 5 years | 474,858 | –
|  | ------------- | ----------
|  | 1,490,697 | 619,644
|  | ------------- | ----------

The company's restaurant premises are leased from McDonalds Restaurants Limited under non-cancellable operating leases. It is not possible to quantify the commitments due under the leases because of the variable nature of the rental payments, which are substantially based on annual sales income generated. The director estimates that the total annual rental payments for the year to 31 December 2026 will be in the region of £839,339.
12. Related party transactions
During the year, the director made a loan to the company. Interest was charged on this loan at a commercial rate in the period ended 31 December 2025. At the year end date, the balance due to the director totalled £ 76,711 (2024: £ 84,383 ). The loan is not repayable before 31 December 2026.