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Company Registration No. 08436998 (England and Wales)
Jump in and Swim School Ltd Unaudited accounts for the year ended 31 March 2024
Jump in and Swim School Ltd Unaudited accounts Contents
Page
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Jump in and Swim School Ltd Company Information for the year ended 31 March 2024
Director
Judith Pennington
Company Number
08436998 (England and Wales)
Registered Office
2 Burman Court Hartwell Road Roade Northamptonshire NN7 2FN
Accountants
Andrew Donaldson 17 Lake Walk Adderbury Banbury Oxon OX17 3PF
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Jump in and Swim School Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,366 
1,550 
Current assets
Cash at bank and in hand
38,137 
29,073 
Creditors: amounts falling due within one year
(13,883)
(19,097)
Net current assets
24,254 
9,976 
Total assets less current liabilities
26,620 
11,526 
Provisions for liabilities
Deferred tax
(450)
(295)
Net assets
26,170 
11,231 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
26,160 
11,221 
Shareholders' funds
26,170 
11,231 
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 20 December 2024 and were signed on its behalf by
Judith Pennington Director Company Registration No. 08436998
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Jump in and Swim School Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Jump in and Swim School Ltd is a private company, limited by shares, registered in England and Wales, registration number 08436998. The registered office is 2 Burman Court, Hartwell Road, Roade, Northamptonshire, NN7 2FN.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives of 5 years.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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Jump in and Swim School Ltd Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
10,000 
At 31 March 2024
10,000 
Amortisation
At 1 April 2023
10,000 
At 31 March 2024
10,000 
Net book value
At 31 March 2024
- 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
5,840 
Additions
2,004 
Disposals
(2,336)
At 31 March 2024
5,508 
Depreciation
At 1 April 2023
4,290 
Charge for the year
787 
On disposals
(1,935)
At 31 March 2024
3,142 
Net book value
At 31 March 2024
2,366 
At 31 March 2023
1,550 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,991 
4,587 
Loans from directors
- 
5,007 
Accruals
2,891 
500 
Deferred income
6,001 
9,003 
13,883 
19,097 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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