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Company Registration No. 09414347 (England and Wales)
Jump 1 Limited Unaudited accounts for the year ended 31 December 2023
Jump 1 Limited Unaudited accounts Contents
Page
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Jump 1 Limited Company Information for the year ended 31 December 2023
Director
Dominic Moore
Company Number
09414347 (England and Wales)
Registered Office
Kemp House 152-160 City Road London EC1V 2NX
Accountants
The Pangolin UK Consulting Ltd 128 City Road London EC1V 2NX
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Jump 1 Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
190,248 
225,239 
Current assets
Debtors
52,192 
75,603 
Cash at bank and in hand
76,486 
42,170 
128,678 
117,773 
Creditors: amounts falling due within one year
(111,453)
(152,129)
Net current assets/(liabilities)
17,225 
(34,356)
Total assets less current liabilities
207,473 
190,883 
Creditors: amounts falling due after more than one year
(11,701)
(20,834)
Net assets
195,772 
170,049 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
195,672 
169,949 
Shareholders' funds
195,772 
170,049 
For the year ending 31 December 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 September 2024 and were signed on its behalf by
Dominic Moore Director Company Registration No. 09414347
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Jump 1 Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Jump 1 Limited is a private company, limited by shares, registered in England and Wales, registration number 09414347. The registered office is Kemp House, 152-160 City Road, London, EC1V 2NX. The principal place of business is 6 Manor Fields, Seale, Farnham, GU10 1HT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
Motor vehicles
25%
Computer equipment
25%
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Jump 1 Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
320,486 
58,834 
1,832 
381,152 
Additions
- 
- 
1,324 
1,324 
At 31 December 2023
320,486 
58,834 
3,156 
382,476 
Depreciation
At 1 January 2023
117,220 
37,891 
802 
155,913 
Charge for the year
30,490 
5,236 
589 
36,315 
At 31 December 2023
147,710 
43,127 
1,391 
192,228 
Net book value
At 31 December 2023
172,776 
15,707 
1,765 
190,248 
At 31 December 2022
203,266 
20,943 
1,030 
225,239 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,484 
- 
Trade debtors
49,708 
75,603 
52,192 
75,603 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,890 
10,648 
VAT
- 
4,686 
Obligations under finance leases and hire purchase contracts
35,799 
99,361 
Trade creditors
92 
44,016 
Taxes and social security
61,805 
(20,280)
Other creditors
2,533 
12,098 
Loans from directors
484 
- 
Accruals
850 
1,600 
111,453 
152,129 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,701 
20,834 
8
Average number of employees
During the year the average number of employees was 1 (2022: 3).
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