REGISTERED NUMBER: 14845426 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

Journey Alerts Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

FIXED ASSETS

Intangible assets

4

296,545

27,772

Tangible assets

5

2,434

5,141

298,979

32,913

CURRENT ASSETS

Debtors

6

182,614

174,681

Cash at bank

26,652

19,217

209,266

193,898

CREDITORS

Amounts falling due within one year

7

(293,122

)

(152,087

)

NET CURRENT (LIABILITIES)/ASSETS

(83,856

)

41,811

TOTAL ASSETS LESS CURRENT LIABILITIES

215,123

74,724

PROVISIONS FOR LIABILITIES

(609

)

(1,285

)

NET ASSETS

214,514

73,439

CAPITAL AND RESERVES

Called up share capital

8

5

5

Share premium

349,997

349,997

Retained earnings

(135,488

)

(276,563

)

SHAREHOLDERS' FUNDS

214,514

73,439

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 28 April 2026 and were signed on its behalf by:

D Chick - Director

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.

The comparative figures presented are not entirely comparable due to the extension of the previous accounting period to 31 October 2024.

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.

Taxation

Taxation for the year 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 year 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.

Going concern

The Directors believe the Company has adequate resources to continue trading and meet its liabilities as they fall due, for a period of at least 12 months from the date of approval of this report. In reaching this conclusion, the Directors have reviewed budgets and forecasts taking into account foreseeable changes in trading performance and considered the availability of third party and shareholder finance if required. On this basis, the Directors continue to adopt the going concern basis in preparing the accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 November 2024

1

27,771

27,772

Additions

-

268,773

268,773

At 31 October 2025

1

296,544

296,545

NET BOOK VALUE

At 31 October 2025

1

296,544

296,545

At 31 October 2024

1

27,771

27,772

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 November 2024

8,888

Additions

114

At 31 October 2025

9,002

DEPRECIATION

At 1 November 2024

3,747

Charge for year

2,821

At 31 October 2025

6,568

NET BOOK VALUE

At 31 October 2025

2,434

At 31 October 2024

5,141

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

104,469

161,323

Other debtors

78,145

13,358

182,614

174,681

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

25,846

50,948

Taxation and social security

47,956

34,296

Other creditors

219,320

66,843

293,122

152,087

There are no registered charges in respect of the loans and credit facilities in use at the year end.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

464

Ordinary

0.01

5

5

Ordinary shares have full rights in the Company with respect to voting, dividends and distributions.

9.	POST BALANCE SHEET EVENTS

After the year end, the Company's existing debt was largely repaid and replaced by a three year loan agreement provided by two shareholders, allowing short-term borrowings to be restructured into long term debt.