NOT JUST TICKETS LTD


Directors	AGRAWAL, Neeraj
	ROHRBACH, Simon Lukas


Registered Address	3rd Floor 1 Ashley Road
	Altrincham
	WA14 2DT


Registered Number	12736513 (England and Wales)

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At the time of approving the financial statements, having taken into consideration the current and forecasted performance and position of the company, in combination with the available additional funding should this be considered necessary, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Going concern

At the time of approving the financial statements, having taken into consideration the current and forecasted performance and position of the company, in combination with the available additional funding should this be considered necessary, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover policy
	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 rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

	Share-based payments
	The share-based payment has been accounted for as an equity-settled transaction in accordance with FRS 102 Section 26. The fair value of the options at the grant date is recognised as an expense over the vesting period, with a corresponding credit to equity.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses. Domain names are being amortised evenly over its estimated useful life of three years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	3

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.

	Cash and cash equivalents
	Cash and cash equivalents include cash held at bank and in hand, together with short-term highly liquid investments with an original maturity of less than three months that are readily convertible to known amounts of cash and subject to an insignificant change in value.

	Government grants or assistance
	Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. The Research and Development Expenditure Credit (RDEC) is recognised as a government grant in accordance with FRS 102 Section 24. The gross RDEC credit is recognised within other income in the profit and loss account in the year to which the qualifying expenditure relates and the associated corporation tax is included within the tax charge for the year.

Government grants or assistance

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. 

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

The Research and Development Expenditure Credit (RDEC) is recognised as a government grant in accordance with FRS 102 Section 24. The gross RDEC credit is recognised within other income in the profit and loss account in the year to which the qualifying expenditure relates and the associated corporation tax is included within the tax charge for the year.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	8		8

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 February 25	57,039	57,039
At 31 January 26	57,039	57,039
Amortisation and impairment
At 01 February 25	57,039	57,039
At 31 January 26	57,039	57,039
Net book value
At 31 January 26	-	-
At 31 January 25	-	-

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 February 25	39,167	39,167
Additions	66,776	66,776
Disposals	(633)	(633)
At 31 January 26	105,310	105,310
Depreciation and impairment
At 01 February 25	21,246	21,246
Charge for year	22,213	22,213
On disposals	(193)	(193)
At 31 January 26	43,266	43,266
Net book value
At 31 January 26	62,044	62,044
At 31 January 25	17,921	17,921

5.	Fixed asset investments
	The company acquired 100% of the share capital of Nicht nur Tickets GmbH and Not Just Tickets Inc, companies incorporated in Germany and USA, on 2 December 2022 and 10 March 2025 respectively. The company is a parent company that is exempt from the requirement to prepare consolidated financial statements by virtue of section 399 of the Companies Act 2006. The group headed by the company qualifies as a small group and the directors have therefore elected not to prepare consolidated group accounts.

Fixed asset investments

The company acquired 100% of the share capital of Nicht nur Tickets GmbH and Not Just Tickets Inc, companies incorporated in Germany and USA, on 2 December 2022 and 10 March 2025 respectively.

The company is a parent company that is exempt from the requirement to prepare consolidated financial statements by virtue of section 399 of the Companies Act 2006. The group headed by the company qualifies as a small group and the directors have therefore elected not to prepare consolidated group accounts.

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 February 25	62,604	62,604
At 31 January 26	62,604	62,604
Net book value
At 31 January 26	62,604	62,604
At 31 January 25	62,604	62,604

	Notes
	¹Investments in group undertakings and participating interests

6.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	1,202	1,819
Amounts owed by group undertakings	349,842	-
Other debtors	212,924	167,744
Prepayments and accrued income	156,590	38,499
Total	720,558	208,062


	Included in amounts owed by group undertakings is £349,842 (2025: £nil) owed by Not Just Tickets Inc, a subsidiary company, based in the United States of America. This loan is unsecured, interest-free and repayable on demand.

7.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	60,841	92,685
Bank borrowings and overdrafts	3	-
Taxation and social security	37,355	-
Other creditors	8,561	5,534
Accrued liabilities and deferred income	662,270	223,410
Total	769,030	321,629

8.	Operating lease commitments
	At 31 January 2026, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £73,270 (2025: £nil), of which £62,803 is payable within one year and £10,467 is payable in more than one year but within two years.

9.	Further information regarding the company's financial position
	The company established an equity-settled share option scheme to incentivise key employees, share options are granted over the company’s B Ordinary shares with service linked vesting periods ranging from 1 to 4 years, which expire after 10 years. At 31 January 2026, 9,341,048 options were outstanding (2025: 7,922,600), of which 5,457,331 were exercisable. The value of the options vested during the year was £56,165 (2025: £nil) and this was charged to the profit and loss. The total carrying amount is £56,165 (2025: £nil) recognised in the share based payment reserve within equity.

Further information regarding the company's financial position

The company established an equity-settled share option scheme to incentivise key employees, share options are granted over the company’s B Ordinary shares with service linked vesting periods ranging from 1 to 4 years, which expire after 10 years.

At 31 January 2026, 9,341,048 options were outstanding (2025: 7,922,600), of which 5,457,331 were exercisable.

The value of the options vested during the year was £56,165 (2025: £nil) and this was charged to the profit and loss. The total carrying amount is £56,165 (2025: £nil) recognised in the share based payment reserve within equity.

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	4		62,044		17,921
Investments	5		62,604		62,604
			124,648		80,525
Current assets
Debtors	6	720,558		208,062
Cash at bank and on hand		8,905,329		13,096,808
		9,625,887		13,304,870
Creditors amounts falling due within one year	7	(769,030)		(321,629)
Net current assets (liabilities)			8,856,857		12,983,241
Total assets less current liabilities			8,981,505		13,063,766
Net assets			8,981,505		13,063,766
Capital and reserves
Called up share capital			148		147
Share premium			17,722,749		17,722,749
Other reserves			56,165		-
Profit and loss account			(8,797,557)		(4,659,130)
Shareholders' funds			8,981,505		13,063,766