J & B Hospitality Ltd

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Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of J & B Hospitality Ltd for the year ended 31 January 2026

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of J & B Hospitality Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made to the directors of J & B Hospitality Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of J & B Hospitality Ltd and state those matters that we have agreed to state to the directors of J & B Hospitality Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J & B Hospitality Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that J & B Hospitality Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of J & B Hospitality Ltd . You consider that J & B Hospitality Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of J & B Hospitality Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

15 October 2026

Nuvo Scotland Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeen

AB12 4XX

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J & B Hospitality Ltd

Balance Sheet

As At 31 January 2026

Balance Sheet

Registered number: SC719806

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,217		4,082

			3,217		4,082
CURRENT ASSETS
Stocks	5	22,500		21,000
Debtors	6	104,485		119,167
Cash at bank and in hand		650		350

		127,635		140,517
Creditors: Amounts Falling Due Within One Year	7	(215,282 )		(181,324 )

NET CURRENT ASSETS (LIABILITIES)			(87,647 )		(40,807 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(84,430 )		(36,725 )

NET LIABILITIES			(84,430 )		(36,725 )

CAPITAL AND RESERVES
Called up share capital			2		2
Profit and Loss Account			(84,432 )		(36,727 )

SHAREHOLDERS' FUNDS			(84,430)		(36,725)

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J & B Hospitality Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 15 October 2026 and were signed on its behalf by:

Mr J Emmerson

Director

The notes on pages 4 to 7 form part of these financial statements.

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J & B Hospitality Ltd

Notes to the Financial Statements

For The Year Ended 31 January 2026

Notes to the Financial Statements

1. General Information

J & B Hospitality Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC719806 . The registered office is 10 Beckram Terrace, Aberdeen, AB15 8LW.

The presentation currency of the financial statement is Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. For the year ended 31 January 2026 the company made a loss of £47,705 and at that date had net current liabilities of £87,647 and net liabilities of £84,430.

The directors have assessed the company's ability to continue in operation for a period of at least twelve months from the date of approval of these financial statements. They expect that action taken to reduce costs and improve trading will return the company to profitability. They have also confirmed that they will continue to support the company and will not seek repayment of amounts owed to them until the company is able to make such repayments. The directors have further confirmed that no further advances will be made to directors from the company until its financial position allows.

The company depends on the achievement of its forecasts and on the continued support of its directors and creditors, including HMRC. These conditions indicate the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern. The company may therefore be unable to realise its assets and discharge its liabilities in the normal course of business. The financial statements do not include any adjustments that would result if the company were unable to continue as a going concern.

2.3. Significant judgements and estimations

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis.

2.4. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.5. Tangible Fixed Assets and Depreciation

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an 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 the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Assets held under finance leases are depreciated in the same way as owned assets.

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Fixtures & Fittings	25% on cost

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J & B Hospitality Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.8. Financial Instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.

Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

2.9. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.10. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 23 (2025: 23)

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J & B Hospitality Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 February 2025	6,559	400	6,959
Additions	1,050	-	1,050

As at 31 January 2026	7,609	400	8,009

Depreciation
As at 1 February 2025	2,727	150	2,877
Provided during the period	1,815	100	1,915

As at 31 January 2026	4,542	250	4,792

Net Book Value
As at 31 January 2026	3,067	150	3,217

As at 1 February 2025	3,832	250	4,082

5. Stocks

	2026	2025
	£	£
Stock	22,500	21,000

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	500
Prepayments and accrued income	28,836	24,833
Other debtors	22,430	22,430
Directors' loan accounts	48,275	66,460
Amounts owed by associates	4,944	4,944

	104,485	119,167

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	53,516	56,107
Bank loans and overdrafts	24,127	18,648
Corporation tax	(64 )	17,687
Other taxes and social security	28,056	30,753
VAT	69,131	26,624
Other creditors	22,505	20,215
Accruals and deferred income	18,011	11,290

	215,282	181,324

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J & B Hospitality Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

8. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	1,995	3,318
Later than one year and not later than five years	-	1,840

	1,995	5,158

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Mr James Emmerson	67,083	11,831	(16,704 )	-	62,210
Mr Bruce Webster	(623 )	7,000	(20,312 )	-	(13,935 )

The above loan's are interest free and have no fixed repayment terms.

10. Related Party Transactions

J & R Cafes Limited is a company under common control of one of the directors.

As at the year end, J&R Cafes Limited owed a balance of £4,944 (2025: £4,944) to the company.

11. Ultimate Controlling Party

The company's ultimate controlling parties are Mr J Emmerson and Mr B Webster by virtue of their ownership of 50% each of the issued share capital.

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