REGISTERED NUMBER: SC614524 (Scotland)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Monterey Jacks Franchising UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S W Galloway

REGISTERED OFFICE:

Cumbernauld House Wilderness Brae

Cumbernauld

Glasgow

United Kingdom

G67 3JG

REGISTERED NUMBER:

SC614524 (Scotland)

ACCOUNTANTS:

McLay McAlister & McGibbon LLP

Chartered Accountants

145 St Vincent Street

Glasgow

G2 5JF

FIXED ASSETS

Intangible assets

4

28,452

33,152

Tangible assets

5

689

1,330

29,141

34,482

CURRENT ASSETS

Debtors

6

93,785

62,933

Cash at bank

22,972

16,887

116,757

79,820

CREDITORS

Amounts falling due within one year

7

(46,807

)

(31,318

)

NET CURRENT ASSETS

69,950

48,502

TOTAL ASSETS LESS CURRENT LIABILITIES

99,091

82,984

PROVISIONS FOR LIABILITIES

(172

)

(333

)

NET ASSETS

98,919

82,651

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

98,819

82,551

98,919

82,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 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 director and authorised for issue on 26 October 2026 and were signed by:

S W Galloway - Director

1.	STATUTORY INFORMATION

Monterey Jacks Franchising UK 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.

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

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 February 2025

and 31 January 2026

47,000

AMORTISATION

At 1 February 2025

13,848

Amortisation for year

4,700

At 31 January 2026

18,548

NET BOOK VALUE

At 31 January 2026

28,452

At 31 January 2025

33,152

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

750

2,125

2,875

DEPRECIATION

At 1 February 2025

175

1,370

1,545

Charge for year

150

491

641

At 31 January 2026

325

1,861

2,186

NET BOOK VALUE

At 31 January 2026

425

264

689

At 31 January 2025

575

755

1,330

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

36,979

4,581

Amounts owed by group undertakings

46,376

52,223

Other debtors

10,430

6,129

93,785

62,933

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

11,402

1,763

Taxation and social security

11,965

7,615

Other creditors

23,440

21,940

46,807

31,318

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within Other Debtors is a balance of £6,129 (2025: £6,129) owed by the director to the company at the balance sheet date.

This loan is interest free and is repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The company is wholly owned by Foodcorp Limited which is a company registered in Scotland.