REGISTERED NUMBER: 06378689 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

J J XPRESS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J J Donovan

REGISTERED OFFICE:

Bobbington Nurseries

Manor Lane

Bobbington

Stourbridge

West Midlands

DY7 5EG

REGISTERED NUMBER:

06378689 (England and Wales)

ACCOUNTANTS:

Stanton Ralph & Co Limited

Chartered Accountants

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

2,018,470

Tangible assets

4

2,375,911

CURRENT ASSETS

15,526

Stocks

32,359

2,752,571

Debtors

5

3,191,336

58,801

Cash at bank

110,169

2,826,898

3,333,864

CREDITORS

1,483,295

Amounts falling due within one year

6

2,101,334

1,343,603

NET CURRENT ASSETS

1,232,530

3,362,073

TOTAL ASSETS LESS CURRENT LIABILITIES

3,608,441

CREDITORS

(938,978

)

Amounts falling due after more than one year

7

(857,054

)

(478,785

)

PROVISIONS FOR LIABILITIES

(513,337

)

1,944,310

NET ASSETS

2,238,050

CAPITAL AND RESERVES

1

Called up share capital

9

1

1,944,309

Retained earnings

2,238,049

1,944,310

SHAREHOLDERS' FUNDS

2,238,050

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 27th October 2026 and were signed by:

Mr J J Donovan - Director

1.	STATUTORY INFORMATION

J J Xpress Ltd 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 (£).

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and at varying rates on a reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 50 (2025 - 51 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Totals

Equipment

vehicles

£

£

£

COST

At 1st April 2025

3,633,132

336,420

3,296,712

Additions

1,077,441

49,493

1,027,948

Disposals

(147,650

)

-

(147,650

)

Transfer to ownership

(90,000

)

-

(90,000

)

At 31st March 2026

4,472,923

385,913

4,087,010

DEPRECIATION

At 1st April 2025

1,614,662

191,384

1,423,278

Charge for year

531,123

21,397

509,726

Eliminated on disposal

(48,773

)

-

(48,773

)

At 31st March 2026

2,097,012

212,781

1,884,231

NET BOOK VALUE

At 31st March 2026

2,375,911

173,132

2,202,779

At 31st March 2025

2,018,470

145,036

1,873,434

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st April 2025

2,664,957

Additions

648,110

Disposals

(147,650

)

Transfer to ownership

(90,000

)

At 31st March 2026

3,075,417

DEPRECIATION

At 1st April 2025

973,059

Charge for year

457,656

Eliminated on disposal

(48,773

)

At 31st March 2026

1,381,942

NET BOOK VALUE

At 31st March 2026

1,693,475

At 31st March 2025

1,691,898

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

2,038,033

1,499,151

Other debtors

1,153,303

1,253,420

3,191,336

2,752,571

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

31,414

36,244

Hire purchase contracts

582,458

552,847

Trade creditors

746,634

419,082

Taxation and social security

245,536

296,310

Other creditors

495,292

178,812

2,101,334

1,483,295

Included within bank loans and overdrafts is £nil (2025: £4,693) owed under the company's invoice discounting facility.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

19,428

34,244

Hire purchase contracts

837,626

904,734

857,054

938,978

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank overdrafts

14,656

11,153

Bank loans

36,186

59,335

Hire purchase contracts

1,420,084

1,457,581

1,470,926

1,528,069

Bank loans, overdrafts and invoice finance facility are secured by a fixed and floating charge over the assets of the company supported by a personal guarantee of the director and a charge against his personal properties.

Hire purchase contracts are secured against the asset under finance.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

1

Ordinary

£1

1

1

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2026 and 31st March 2025:

31.3.26

31.3.25

£

£

Mr J J Donovan

Balance outstanding at start of year

146,912

155,176

Amounts advanced

51,712

30,536

Amounts repaid

(53,800

)

(38,800

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

144,824

146,912

Interest is charged at the official rate on beneficial loan arrangements set out by HMRC. For the current financial year this was 3.75%.

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

There is an intercompany loan with JJX Ireland. The amount outstanding at 31st March 2026 is £6,145 (2025: £nil).

12.	ULTIMATE CONTROLLING PARTY

The controlling party is JJX Limited.

The ultimate parent undertaking and controlling party is JJX Limited, incorporated in England and Wales. The registered address of JJX Limited is Bobbington Nurseries, Manor Lane, Stourbridge, West Midlands, England, DY7 5EG.