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Registered number:
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
CONTENTS
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JJM RESTAURANTS LIMITED
COMPANY INFORMATION
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JJM RESTAURANTS LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors present their strategic report for the year ended 31 December 2025.
During both the current and prior year, the company operated four McDonald's franchised restaurants in the Dunbartonshire and greater Glasgow areas employing over 570 members of staff by December 2025.
The Informal Eating Out (IEO) and Quick Service Restaurant (QSR) sectors continue to experience significant macroeconomic volatility. Key metrics such as food inflation and rising unemployment rates have contributed to reduced guest counts across the QSR sector. Despite these challenges, the business remains resilient, with strong brand equity, a robust operating model and a clear strategic plan to navigate inflationary pressures and evolving consumer behaviour. During the year the company achieved sales and cashflow growth through a series of menu board price increases alongside a strong marketing calendar with an inherent focus on value and several innovative products, including the Big Arch. Given the direct link between our approach to pricing, the external environment and our success in relation to our customers, we will continue to remain close to understanding this relationship and look constantly to evaluate how our internal actions are impacting our customers. The franchisor McDonald’s UK&I Finance Team reports that “our cashflow outlook now exceeds the expectations set at the AGM last year” and that strong Q4 performance in 2025 positions the restaurants well for the year ahead. The business continues to benefit from a multi-year strategy focused on sustainable growth, operational efficiency and revenue optimisation. Customer experience remains a key focus for the business as it continues to invest in its estate through In Real Life Experience (IRLX) reimaging programmes, supported by capital partnering arrangements and rent relief mechanisms. The financial position of the company remains healthy, with the balance sheet showing net assets of £310K, a decrease from £364k in 2024.
We consider our key financial performance indicators are those that communicate the financial performance and strength of the company as a whole, including turnover and gross profit margin.
Sales for the year amounted to £21.41 million, an increase of £0.97 million from 2024 giving an overall sales increase of approximately 4.74%. The growth in sales is predominantly due to incremental price rises during the year. The gross profit margin is 66.88% compared to 66.56% in 2024 and is in line with expectations.
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JJM RESTAURANTS LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Management has outlined a series of key performance benchmarks that will guide operational priorities and strategic decision making throughout 2026. These benchmarks reflect the organisation’s continued focus on sustainable gross profit margin growth, operational resilience and long term value creation.
Cash flow continues to be the most important financial measure for the year ahead. The franchisor has set clear minimum expectations with the organisation aiming for an average cash flow uplift of £50,000 per restaurant compared with 2025. This target is underpinned by a combination of pricing actions, improvements in product mix, strong marketing calendar and disciplined cost control. Sales growth expectations for 2026 remain consistent with 2025, with restaurant group performance projected to increase between 3.0% and 5.0%. While this represents a stable outlook, individual restaurant performance will vary depending on the quality of customer experience delivery, the scale and timing of local investment and the influence of broader macroeconomic conditions. Monthly comparable sales and seasonal variability will continue to fluctuate across the estate. Gross margin is forecast to improve by approximately one percentage point year on year. This growth will be driven primarily by the continued implementation of Revenue Growth Management initiatives, which remain central to the long term ambition of achieving a gross margin in excess of 70% across the restaurant group. Whilst the business continues to face a demanding macroeconomic backdrop, it remains focused on proactively managing its cost base through disciplined financial oversight and operational efficiency. Food and paper inflation is expected to remain elevated, with forecasts indicating an increase of between 7% and 9% during 2026. The primary drivers of this inflationary pressure are volatility in beef markets and the financial impact of Extended Producer Responsibility (EPR) legislation. Labour costs are projected to rise modestly. The business will continue to invest in its people through upgraded workwear, enhanced employee support initiatives, and strengthened management development programmes. Utilities expenditure is expected to decline by approximately 6% compared with 2025. This reduction is supported by favourable hedging positions and a continued easing of wholesale energy prices, both of which contribute to a more stable cost base. Digital engagement continues to play a critical role in driving incremental sales and strengthening customer loyalty. The MyMcDonald’s Rewards programme remains a key strategic asset, with digital customers now accounting for more than 20% of total sales. Enhancements to digital channels will remain a priority as the business seeks to deepen customer engagement and expand the contribution of loyalty and delivery platforms. The outlook for 2026 requires continued flexibility as the business navigates inflationary pressures, regulatory changes and evolving consumer behaviour. Despite these challenges, the strategic priority remains clear in delivering a consistently strong customer experience and maintain a compelling value proposition that protects and grows market share in an increasingly competitive environment.
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JJM RESTAURANTS LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The company operates in a highly competitive market, high street consumer behaviour impacts the company's turnover and the variability of commodity prices impact profitability.
The company is continually assessing all risks with an aim to mitigate any future threats these may have on the business. Economic risk The company is exposed to inflationary pressures, fluctuating consumer confidence, and labour market conditions. Principal risks continue to be food inflation and unemployment rate rises, all of which may impact sales growth and cost structures. Geopolitical matters continue to create uncertainty however management remains focused on cost control and driving operational efficiency. Regulatory risks The company's operations demand a high level of compliance within a wide range of regulatory requirements including health, safety and hygiene laws, employment laws and the licensing act. The introduction of Less Healthy Food and Drink (LHFD) advertising restrictions from January 2026 will likely further limit market growth and disproportionately impact McDonald’s. Additionally, changes to Statutory Sick Pay and Business Rates represent material regulatory risks. The business continues to monitor regulatory developments and adjust its operating model accordingly. Supply chain risk Food and paper inflation of 7% to 9% and distribution cost pressures pose ongoing risks. Beef market volatility and EPR legislation are key contributors. The business mitigates these risks through global sourcing, long-term supplier relationships and RGM strategies. Consumer taste Any material changes in the way the consumer views the fast food industry could have an adverse effect on the company. However, this can also work in the opposite direction and could assist the company to achieve growth. As a result, the company focuses, in detail, on recognising demographic trends, ensuring innovation and the use of the freshest and highest quality products through its stores. The company has strict policies to ensure that all stores are maintaining the McDonald's ethos. Competitors The QSR market remains highly competitive, with visit declines across the sector. Competitor pricing, promotional activity, geographical placement and product innovation may impact performance. The business leverages brand strength, marketing campaigns and operational excellence to maintain competitive advantage.
This report was approved by the board and signed on its behalf by :.
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JJM RESTAURANTS LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
The directors who served during the year were:
The profit for the year, after taxation, amounted to £138,330 (2024: £108,619).
An interim dividend of £166.66 per share on the Ordinary A £1 shares was paid on 5 April 2025
An interim dividend of £540 per share on the Ordinary B £1 shares was paid on 5 April 2025. An interim dividend of £533.33 per share on the Ordinary A £1 shares was paid on 6 April 2025. An interim dividend of £1,600 per share on the Ordinary B £1 shares was paid on 6 April 2025. An interim dividend of £566.66 per share on the Ordinary A £1 shares was paid on 31 December 2025. An interim dividend of £1,750 per share on the Ordinary B £1 shares was paid on 31 December 2025. The directors recommend that no final dividends be paid. The total distribution of dividends for the year ended 31 December 2025 was £192,250 (2024: £66,000).
The company does not carry out any independent research and development. However the franchisor, McDonalds' Restaurants Limited, carries out its own research and development on behalf of all franchisees. The company makes a contribution towards this through its existing payments to the franchisor.
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JJM RESTAURANTS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors have evaluated the company's ability to continue as a going concern, taking into account current economic conditions, industry-wide challenges, and internal financial forecasts. This evaluation included a detailed review of forecasted trading performance and working capital requirements.
As outlined in the strategic report, trading conditions remain difficult, compounded by ongoing economic uncertainty in the UK driven by elevated inflation, interest rates, and energy costs. In response, the franchisor introduced a series of commercial initiatives across the franchise network in 2026 aimed at enhancing profitability and cash flow. These measures have led to an improvement in gross profit margins, and the company is forecasting an improved financial position for the year ending 31 December 2026 and beyond. The directors acknowledge that the company was in a net current liabilities position at the balance sheet date. This was not unexpected as it is common for franchises to take several years to recover their initial investment, and the business model is structured to support long-term growth rather than short-term returns. Included within creditors due within one year is £286k relating to bank loans. The directors are confident that the company has sufficient cash flow to meet its obligations. An additional £332k of short-term creditors relates to director loans. While there is no formal repayment schedule in place, the directors have confirmed that repayments will only be made if the company can do so without compromising its ability to meet other financial commitments. Also included within the creditors due within one year is £539k relating to trade creditors, of which is largely owed to the franchisor, McDonald's, who has previously demonstrated flexibility and support, including the provision of extended credit terms when necessary. Considering the continued support from stakeholders and the company's financial forecasts, the directors have a reasonable expectation that the company has adequate resources to continue to operate for at least twelve months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Our employees are fundamental to the delivery of our plan. We aim to be a responsible employer in our approach to pay and benefits our employees receive. The health, safety and wellbeing of our employees is one of our primary considerations in the way we do business.
The company has a system for providing employees with information of concern to them. It also consults employees on a regular basis so that their views can be taken into account in making decisions affecting them. It regularly explains to employees the financial and economic factors affecting the performance of the company and makes them aware of the provision of training, career development and employment of disabled employees.
On 20 February 2026, the company acquired six additional restaurants. Four of these were purchased for a total consideration of £2.12m. A further two were acquired through BFL.
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JJM RESTAURANTS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The company has chosen in accordance with Companies Act 2006, s. 414C(11) to set out in the company's strategic report information required by Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, Sch. 7 to be contained in the directors' report. It has done so in respect of discussions relating to financial and other risk management objectives and policies.
The directors are responsible for preparing the strategic report, the directors' report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent; and
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The auditors, Cooper Parry Group Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
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JJM RESTAURANTS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
This report was approved by the board and signed on its behalf.
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JJM RESTAURANTS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JJM RESTAURANTS LIMITED
We have audited the financial statements of JJM Restaurants Limited (the 'company') for the year ended 31 December 2025, which comprise the profit and loss account, the balance sheet, the statement of cash flows, the statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
The other information comprises the information included in the annual report other than the financial statements and our auditors' report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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JJM RESTAURANTS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JJM RESTAURANTS LIMITED (CONTINUED)
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report.
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JJM RESTAURANTS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JJM RESTAURANTS LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.
We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. We discussed amongst the audit team the identified laws and regulations and remained alert to any indications of non-compliance.
Based on our understanding of the industry, we identified that the principal risks of non-compliance with laws and regulations related to breaches of health and safety, including food hygiene. We considered the extent to which non-compliance with these laws and regulations might have a material effect on the financial statements. Our procedures in relation to fraud, included but were not limited to: inquiries of management whether they have any knowledge of any actual, suspected or alleged fraud, and discussions amongst the audit team regarding risk of fraud such as opportunities for fraudulent manipulation of financial statements. We determined that the principal risks related to posting manual journal entries to manipulate financial performance and management bias through judgements in accounting estimates and challenged the assumptions and judgements made by management in its significant accounting estimates. We also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud. Our tests included agreeing the financial statement disclosures to underlying supporting documentation. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. In assessing the potential risks of material misstatement we obtained an understanding of; the entities operations, including the nature of its revenue sources and services and of its objectives and strategies to understand the classes of transactions, account balances, expected financial statement disclosures and business risks that may result in risks of material misstatement.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditors' report.
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
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JJM RESTAURANTS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JJM RESTAURANTS LIMITED (CONTINUED)
for and on behalf of
Statutory Auditor
Broadwalk House
5th Floor
5 Appold Street
London
EC2A 2AG
Date:
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JJM RESTAURANTS LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
REGISTERED NUMBER: SC662675
BALANCE SHEET
AS AT 31 DECEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by by:
The notes on pages 17 to 29 form part of these financial statements.
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JJM RESTAURANTS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
JJM Restaurants Limited 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.
The presentation currency of the financial statements is the Pound Sterling (£).
2.Accounting policies
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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The directors have evaluated the company's ability to continue as a going concern, taking into account current economic conditions, industry-wide challenges, and internal financial forecasts. This evaluation included a detailed review of forecasted trading performance and working capital requirements.
As outlined in the strategic report, trading conditions remain difficult, compounded by ongoing economic uncertainty in the UK driven by elevated inflation, interest rates, and energy costs. In response, the franchisor introduced a series of commercial initiatives across the franchise network in 2026 aimed at enhancing profitability and cash flow. These measures have led to an improvement in gross profit margins, and the company is forecasting an improved financial position for the year ending 31 December 2026 and beyond. The directors acknowledge that the company was in a net current liabilities position at the balance sheet date. This was not unexpected as it is common for franchises to take several years to recover their initial investment, and the business model is structured to support long-term growth rather than short-term returns. Included within creditors due within one year is £286k relating to bank loans. The directors are confident that the company has sufficient cash flow to meet its obligations. An additional £332k of short-term creditors relates to director loans. While there is no formal repayment schedule in place, the directors have confirmed that repayments will only be made if the company can do so without compromising its ability to meet other financial commitments. Also included within the creditors due within one year is £539k relating to trade creditors, of which is largely owed to the franchisor, McDonald's, who has previously demonstrated flexibility and support, including the provision of extended credit terms when necessary. Considering the continued support from stakeholders and the company's financial forecasts, the directors have a reasonable expectation that the company has adequate resources to continue to operate for at least twelve months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually at the point of sale, the amount of turnover can be reliably measured, it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be reliably measured.
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Franchise rights & fees are initially recognised at cost and are subsequently measured at cost less accumulated amortisation and impairment losses. They are amortised over their useful lives, which is taken as the twenty year term specified in the franchise agreements.
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.
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 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.
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Depreciation is provided on the following basis:
At each reporting end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
. Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
The company only enters into basic financial instruments 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 non-puttable ordinary shares.
For financial assets measured at amortised cost, the impairment cost is measured at the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the assets effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. For assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date. Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
10.Taxation (continued)
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Profit and loss account
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JJM RESTAURANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The ultimate controlling party is M S Shenken.
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