REGISTERED NUMBER: 07477317 (England and Wales)

Financial Statements

for the Year Ended 30th September 2024

for

JUMP DESIGN AND PRINT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Napodano

A Napodano

REGISTERED OFFICE:

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

REGISTERED NUMBER:

07477317 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

FIXED ASSETS

Intangible assets

4

11,600

17,400

Tangible assets

5

57,517

66,922

69,117

84,322

CURRENT ASSETS

Debtors

6

1,291,890

1,292,959

Cash at bank and in hand

778,256

576,667

2,070,146

1,869,626

CREDITORS

Amounts falling due within one year

7

756,567

653,839

NET CURRENT ASSETS

1,313,579

1,215,787

TOTAL ASSETS LESS CURRENT LIABILITIES

1,382,696

1,300,109

CREDITORS

Amounts falling due after more than one year

8

-

(124,880

)

PROVISIONS FOR LIABILITIES

(14,109

)

(16,232

)

NET ASSETS

1,368,587

1,158,997

CAPITAL AND RESERVES

Called up share capital

9

230

220

Retained earnings

1,368,357

1,158,777

SHAREHOLDERS' FUNDS

1,368,587

1,158,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th February 2025 and were signed on its behalf by:

A Napodano - Director

1.	STATUTORY INFORMATION

Jump Design And Print Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st October 2023

and 30th September 2024

29,000

AMORTISATION

At 1st October 2023

11,600

Charge for year

5,800

At 30th September 2024

17,400

NET BOOK VALUE

At 30th September 2024

11,600

At 30th September 2023

17,400

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st October 2023

167,357

13,470

180,827

Additions

19,040

-

19,040

At 30th September 2024

186,397

13,470

199,867

DEPRECIATION

At 1st October 2023

100,435

13,470

113,905

Charge for year

28,445

-

28,445

At 30th September 2024

128,880

13,470

142,350

NET BOOK VALUE

At 30th September 2024

57,517

-

57,517

At 30th September 2023

66,922

-

66,922

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Trade debtors

603,922

407,277

Amounts owed by group undertakings

647,730

605,651

Other debtors

40,238

280,031

1,291,890

1,292,959

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Bank loans and overdrafts

-

45,475

Hire purchase contracts

-

17,120

Trade creditors

526,073

329,468

Amounts owed to group undertakings

-

37,857

Taxation and social security

220,568

222,937

Other creditors

9,926

982

756,567

653,839

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/9/24

30/9/23

£

£

Bank loans

-

98,530

Hire purchase contracts

-

26,350

-

124,880

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/24

30/9/23

value:

£

£

100

A Ordinary

£1

100

100

100

B Ordinary

£1

100

100

10

C Ordinary

£1

10

10

10

D Ordinary

£1

10

10

10

E Ordinary

£1

10

-

230

220

The following shares were issued during the year for cash at par :

10 E Ordinary shares of £1

10.	ULTIMATE CONTROLLING PARTY

The controlling party is A Napodano.