Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312025-05-20true2023-06-01falseNo description of principal activity1618trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09732278 2023-06-01 2024-05-31 09732278 2022-06-01 2023-05-31 09732278 2024-05-31 09732278 2023-05-31 09732278 c:Director2 2023-06-01 2024-05-31 09732278 d:Buildings d:LongLeaseholdAssets 2023-06-01 2024-05-31 09732278 d:Buildings d:LongLeaseholdAssets 2024-05-31 09732278 d:Buildings d:LongLeaseholdAssets 2023-05-31 09732278 d:PlantMachinery 2023-06-01 2024-05-31 09732278 d:PlantMachinery 2024-05-31 09732278 d:PlantMachinery 2023-05-31 09732278 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 09732278 d:FurnitureFittings 2023-06-01 2024-05-31 09732278 d:FurnitureFittings 2024-05-31 09732278 d:FurnitureFittings 2023-05-31 09732278 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 09732278 d:OfficeEquipment 2023-06-01 2024-05-31 09732278 d:OfficeEquipment 2024-05-31 09732278 d:OfficeEquipment 2023-05-31 09732278 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 09732278 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 09732278 d:CurrentFinancialInstruments 2024-05-31 09732278 d:CurrentFinancialInstruments 2023-05-31 09732278 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09732278 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09732278 d:ShareCapital 2024-05-31 09732278 d:ShareCapital 2023-05-31 09732278 d:RetainedEarningsAccumulatedLosses 2024-05-31 09732278 d:RetainedEarningsAccumulatedLosses 2023-05-31 09732278 c:OrdinaryShareClass1 2023-06-01 2024-05-31 09732278 c:OrdinaryShareClass1 2024-05-31 09732278 c:OrdinaryShareClass1 2023-05-31 09732278 c:FRS102 2023-06-01 2024-05-31 09732278 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09732278 c:FullAccounts 2023-06-01 2024-05-31 09732278 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09732278 d:WithinOneYear 2024-05-31 09732278 d:WithinOneYear 2023-05-31 09732278 d:BetweenOneFiveYears 2024-05-31 09732278 d:BetweenOneFiveYears 2023-05-31 09732278 d:MoreThanFiveYears 2024-05-31 09732278 d:MoreThanFiveYears 2023-05-31 09732278 2 2023-06-01 2024-05-31 09732278 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09732278










Jump Arena Limited








Unaudited

Financial statements

Information for filing with the registrar

for the year ended 31 May 2024





 
Jump Arena Limited
Registered number: 09732278

Balance sheet
as at 31 May 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
28,351
31,743

Investments
  
-
1

  
28,351
31,744

Current assets
  

Debtors: amounts falling due within one year
 5 
528,708
499,884

Cash at bank and in hand
  
2,620
31,370

  
531,328
531,254

Creditors: amounts falling due within one year
 6 
(387,569)
(329,534)

Net current assets
  
 
 
143,759
 
 
201,720

Total assets less current liabilities
  
172,110
233,464

  

Net assets
  
172,110
233,464


Capital and reserves
  

Called up share capital 
 7 
4
4

Profit and loss account
  
172,106
233,460

  
172,110
233,464


The director considers 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 director acknowledges his 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 profit and loss account 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 20 May 2025.

K Singh
Director


The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
Jump Arena Limited
 

 
Notes to the financial statements
for the year ended 31 May 2024

1.


General information

Jump Arena Limited is a private company limited by shares and incorporated in England with registration number 09732278. The registered office of the company is Innovation House C/O Kreston Reeves LLP, Ramsgate Road, Sandwich, Kent, CT13 9FF

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 company's functional and presentational currency is Pounds sterling. 
The financial statements are rounded to the nearest pound.

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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessor

Rental income from operating leases is credited to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
Jump Arena Limited
 

 
Notes to the financial statements
for the year ended 31 May 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Over life of the lease
Plant and machinery
-
5% - 20% Straight line
Fixtures and fittings
-
20% Straight line
Office equipment
-
20% Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

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.

Page 3

 
Jump Arena Limited
 

 
Notes to the financial statements
for the year ended 31 May 2024

2.Accounting policies (continued)

 
2.9

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 16 (2023 - 18).


4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 June 2023
26,645
7,732
2,961
482
37,820


Additions
-
-
144
-
144



At 31 May 2024

26,645
7,732
3,105
482
37,964



Depreciation


At 1 June 2023
3,553
1,758
592
174
6,077


Charge for the year on owned assets
1,776
1,195
503
62
3,536



At 31 May 2024

5,329
2,953
1,095
236
9,613



Net book value



At 31 May 2024
21,316
4,779
2,010
246
28,351



At 31 May 2023
23,092
5,974
2,369
308
31,743

Page 4

 
Jump Arena Limited
 

 
Notes to the financial statements
for the year ended 31 May 2024

5.


Debtors

2024
2023
£
£


Trade debtors
4,660
78,955

Amounts owed by joint ventures and associated undertakings
451,037
359,837

Other debtors
18,988
15,020

Prepayments and accrued income
54,023
46,072

528,708
499,884



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
209,448
88,464

Amounts owed to other participating interests
159,722
159,348

Other taxation and social security
6,398
22,844

Accruals and deferred income
12,001
58,878

387,569
329,534



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



4 (2023 - 4) Ordinary shares of £1.00 each
4
4



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to Nil (2023 - Nil). Contributions totalling £2,133 (2023 - £2,594) were payable to the fund at the balance sheet date and are included in creditors.

Page 5

 
Jump Arena Limited
 

 
Notes to the financial statements
for the year ended 31 May 2024

9.


Commitments under operating leases

At 31 May 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
260,000
260,000

Later than 1 year and not later than 5 years
1,040,000
1,040,000

Later than 5 years
1,906,666
2,166,666

3,206,666
3,466,666


10.


Related party transactions

All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.


11.


Controlling party

The director considers there to be no ultimate controlling party.


Page 6