JJ Travel Ltd - Limited company accounts 25.1

REGISTERED NUMBER: SC234257 (Scotland)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 July 2025

for

JJ Travel Ltd

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTOR:

J J McNairn

SECRETARY:

J J McNairn

REGISTERED OFFICE:

30 Northburn Road

Coatbridge

Lanarkshire

ML5 2HY

REGISTERED NUMBER:

SC234257 (Scotland)

ACCOUNTANTS:

EAC Accountancy Limited

191 Station Road

Shotts

North Lanarkshire

ML7 4BA

The director presents his report with the financial statements of the company for the year ended 31 July 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of bus and coach operator.

DIRECTOR

J J McNairn held office during the whole of the period from 1 August 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

J J McNairn - Secretary

21 November 2025

TURNOVER

424,453

328,055

Administrative expenses

413,783

292,894

10,670

35,161

Other operating income

8,876

-

OPERATING PROFIT

4

19,546

35,161

Interest payable and similar
expenses

7,310

3,259

PROFIT BEFORE TAXATION

12,236

31,902

Tax on profit

129,225

(25,068

)

(LOSS)/PROFIT FOR THE
FINANCIAL YEAR

(116,989

)

56,970

FIXED ASSETS

Tangible assets

5

1,097,787

417,657

CURRENT ASSETS

Debtors

6

34,782

331,397

Cash at bank

156,638

333,709

191,420

665,106

CREDITORS

Amounts falling due within one year

7

204,768

109,992

NET CURRENT (LIABILITIES)/ASSETS

(13,348

)

555,114

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,084,439

972,771

CREDITORS

Amounts falling due after more than
one year

8

(281,450

)

(181,518

)

PROVISIONS FOR LIABILITIES

(208,580

)

(79,355

)

NET ASSETS

594,409

711,898

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

594,407

711,896

594,409

711,898

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 21 November 2025 and were signed by:

J J McNairn - Director

1.	STATUTORY INFORMATION

JJ Travel Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

25% Reducing Balance

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.

Pension costs and other post-retirement benefits

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.7.25

31.7.24

£

Depreciation - owned assets

184,100

139,221

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 August 2024

-

1,227,842

Additions

501,230

363,000

864,230

At 31 July 2025

501,230

1,590,842

2,092,072

DEPRECIATION

At 1 August 2024

-

810,185

Charge for year

-

184,100

At 31 July 2025

-

994,285

NET BOOK VALUE

At 31 July 2025

501,230

596,557

1,097,787

At 31 July 2024

-

417,657

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Other debtors

34,782

331,397

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Bank loans and overdrafts

4,000

Hire purchase contracts

74,376

23,941

Taxation and social security

9,599

22,816

Other creditors

116,793

59,235

204,768

109,992

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.7.25

31.7.24

£

Bank loans

9,167

19,167

Hire purchase contracts

272,283

67,633

Other creditors

-

94,718

281,450

181,518