Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312023-06-012falseWholesale of clothing and footwear and retail sale of clothing in specialised stores2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12586807 2023-06-01 2024-05-31 12586807 2022-06-01 2023-05-31 12586807 2024-05-31 12586807 2023-05-31 12586807 c:Director1 2023-06-01 2024-05-31 12586807 c:Director2 2023-06-01 2024-05-31 12586807 d:CurrentFinancialInstruments 2024-05-31 12586807 d:CurrentFinancialInstruments 2023-05-31 12586807 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 12586807 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12586807 d:ShareCapital 2024-05-31 12586807 d:ShareCapital 2023-05-31 12586807 d:RetainedEarningsAccumulatedLosses 2024-05-31 12586807 d:RetainedEarningsAccumulatedLosses 2023-05-31 12586807 c:FRS102 2023-06-01 2024-05-31 12586807 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12586807 c:FullAccounts 2023-06-01 2024-05-31 12586807 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12586807 2 2023-06-01 2024-05-31 12586807 e:PoundSterling 2023-06-01 2024-05-31 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 2024

 
JUMPER 1234 LIMITED
REGISTERED NUMBER: 12586807

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
87,419
95,935

Debtors: amounts falling due within one year
 5 
630
21,797

Cash at bank and in hand
 6 
1,257,342
944,761

  
1,345,391
1,062,493

Creditors: amounts falling due within one year
 7 
(818,474)
(662,835)

Net current assets
  
 
 
526,917
 
 
399,658

Total assets less current liabilities
  
526,917
399,658

  

Net assets
  
526,917
399,658


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
526,915
399,656

  
526,917
399,658


Page 1

 
JUMPER 1234 LIMITED
REGISTERED NUMBER: 12586807
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

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 13 February 2025.




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 2024

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 balance sheet 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 2024

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 balance sheet 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 (2023 - 2).


4.


Stocks

2024
2023
£
£

Finished goods and goods for resale
87,419
95,935

87,419
95,935


Page 4

 
JUMPER 1234 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Other debtors
-
21,195

Prepayments and accrued income
630
602

630
21,797



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,257,342
944,761

1,257,342
944,761



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
22,949
13,920

Corporation tax
40,780
21,421

Other taxation and social security
2,599
-

Other creditors
746,098
622,654

Accruals and deferred income
6,048
4,840

818,474
662,835



8.


Related party transactions

Other creditors includes £742,763 (2023 - £620,280) due to a company under common control.

Page 5