IJump Trampoline Parks Ltd |
Registered Number:10392387 |
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2024
IJump Trampoline Parks Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
IJump Trampoline Parks Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
97,504
67,685
2
97,504
67,685
17,896
14,537
3
Trade and other receivables |
10,382
11,152
4
157,751
Cash and cash equivalents |
184,954
210,643
186,029
Trade and other payables: amounts falling due within one year |
(472,344)
(432,961)
5
(286,315)
(222,318)
Net current liabilities
Total assets less current liabilities |
(124,814)
(218,630)
Trade and other payables: amounts falling due after more than one year |
(259,250)
(285,733)
6
(410,547)
Net liabilities
(477,880)
2
2
(410,549)
(477,882)
(410,547)
(477,880)
Shareholders' funds
For the year ended 28 February 2024 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 of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Paul Anthony Grayson Director |
These financial statements were approved and authorised for issue by the Board on 29 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2024
IJump Trampoline Parks Ltd
Notes to the Financial Statements
Statutory Information
IJump Trampoline Parks Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 10392387. |
Moorhead House
Moorhead Way
Bramley
S66 1YY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The |
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have |
been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Computer Equipment
Motor Vehicles
Furniture and Fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2. Property, plant and equipment |
Motor Vehicles
Land and Buildings
155,270
8,821
77,890
-
68,559
48,259
-
-
48,259
-
48,259
77,890
8,821
203,529
68,559
Provision for depreciation and impairment |
87,585
8,821
37,058
-
41,706
Charge for year
18,440
-
7,789
3,695
6,956
106,025
8,821
44,847
3,695
48,662
19,897
44,564
33,043
-
97,504
26,853
-
40,832
-
67,685
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For the year ended 28 February 2024
IJump Trampoline Parks Ltd
Notes to the Financial Statements Continued
2023
2024
14,537
17,896
4. Trade and other receivables |
2023
2024
11,152
10,382
5. Trade and other payables: amounts falling due within one year |
2023
2024
27,788
35,930
96,585
141,244
Amounts owed to group undertaking and undertaking in which the company has a |
participating interest |
279,000
279,000
Taxation and social security |
17,089
12,023
12,499
4,147
432,961
472,344
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
285,733
259,250
7. Average number of persons employed |
During the year the average number of employees was 27 (2023 : 26)
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