Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-312022-06-01falseWholesale of clothing and footwear and Retail sale of clothing in specialised stores22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12586807 2022-06-01 2023-05-31 12586807 2021-06-01 2022-05-31 12586807 2023-05-31 12586807 2022-05-31 12586807 c:Director1 2022-06-01 2023-05-31 12586807 c:Director2 2022-06-01 2023-05-31 12586807 d:CurrentFinancialInstruments 2023-05-31 12586807 d:CurrentFinancialInstruments 2022-05-31 12586807 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12586807 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 12586807 d:ShareCapital 2023-05-31 12586807 d:ShareCapital 2022-05-31 12586807 d:RetainedEarningsAccumulatedLosses 2023-05-31 12586807 d:RetainedEarningsAccumulatedLosses 2022-05-31 12586807 c:FRS102 2022-06-01 2023-05-31 12586807 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 12586807 c:FullAccounts 2022-06-01 2023-05-31 12586807 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 12586807 2 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 12586807









JUMPER 1234 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
JUMPER 1234 LIMITED
REGISTERED NUMBER: 12586807

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
95,935
147,647

Debtors: amounts falling due within one year
 5 
21,797
1,963

Cash at bank and in hand
 6 
944,761
610,177

  
1,062,493
759,787

Creditors: amounts falling due within one year
 7 
(662,835)
(447,559)

Net current assets
  
 
 
399,658
 
 
312,228

Total assets less current liabilities
  
399,658
312,228

  

Net assets
  
399,658
312,228


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
399,656
312,226

  
399,658
312,228


Page 1

 
JUMPER 1234 LIMITED
REGISTERED NUMBER: 12586807
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 February 2024.




J R Wilson
D S Tavernier
Director
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
JUMPER 1234 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Jumper 1234 Limited is a private company limited by shares and incorporated in England & wales, having registered number 12586807.Its registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3

 
JUMPER 1234 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Stocks

2023
2022
£
£

Finished goods and goods for resale
95,935
147,647

95,935
147,647


Page 4

 
JUMPER 1234 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
-
1,963

Other debtors
21,195
-

Prepayments and accrued income
602
-

21,797
1,963



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
944,761
610,177

944,761
610,177



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
13,920
15,842

Corporation tax
21,421
27,053

Other taxation and social security
-
6,657

Other creditors
622,654
393,607

Accruals and deferred income
4,840
4,400

662,835
447,559


Page 5