REGISTERED NUMBER: 09044346 (England and Wales)

Financial Statements for the Year Ended 31st December 2024

for

Jump Street Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T I McClure

D E Melhus

P I Haagaas

REGISTERED OFFICE:

5 Patchway Trading Estate

Britannia Road

Patchway

Bristol

BS34 5TA

REGISTERED NUMBER:

09044346 (England and Wales)

SENIOR STATUTORY AUDITOR:

Matthew Dobbins FCA

AUDITORS:

Dunkley's

Statutory Auditor

Chartered Accountants

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Intangible assets

4

472

1,181

Tangible assets

5

2,137,533

2,439,704

2,138,005

2,440,885

CURRENT ASSETS

Stocks

26,398

17,251

Debtors

6

1,109,087

503,861

Cash at bank and in hand

162,418

176,009

1,297,903

697,121

CREDITORS

Amounts falling due within one year

7

706,469

785,171

NET CURRENT ASSETS/(LIABILITIES)

591,434

(88,050

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,729,439

2,352,835

PROVISIONS FOR LIABILITIES

254,740

305,900

NET ASSETS

2,474,699

2,046,935

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

2,474,697

2,046,933

SHAREHOLDERS' FUNDS

2,474,699

2,046,935

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 12th September 2025 and were signed on its behalf by:

T I McClure - Director

1.	STATUTORY INFORMATION

Jump Street 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

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

Improvements to property

-

Straight line over the life of the lease

Plant and machinery

-

10% on cost

Fixtures and fittings

-

7% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met . Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable . A grant received before the recognition criteria are satisfied is recognised as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 142 (2023 - 138 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2024

and 31st December 2024

2,125

AMORTISATION

At 1st January 2024

944

Charge for year

709

At 31st December 2024

1,653

NET BOOK VALUE

At 31st December 2024

472

At 31st December 2023

1,181

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st January 2024

669,906

418,765

3,251,703

Additions

-

69,692

29,767

Disposals

-

(8,669

)

(7,490

)

At 31st December 2024

669,906

479,788

3,273,980

DEPRECIATION

At 1st January 2024

374,742

21,991

1,511,878

Charge for year

46,893

45,379

225,088

Eliminated on disposal

-

(506

)

1,791

Impairments

-

-

67,932

At 31st December 2024

421,635

66,864

1,806,689

NET BOOK VALUE

At 31st December 2024

248,271

412,924

1,467,291

At 31st December 2023

295,164

396,774

1,739,825

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st January 2024

15,181

9,519

4,365,074

Additions

-

4,924

104,383

Disposals

-

-

(16,159

)

At 31st December 2024

15,181

14,443

4,453,298

DEPRECIATION

At 1st January 2024

15,181

1,578

1,925,370

Charge for year

-

3,818

321,178

Eliminated on disposal

-

-

1,285

Impairments

-

-

67,932

At 31st December 2024

15,181

5,396

2,315,765

NET BOOK VALUE

At 31st December 2024

-

9,047

2,137,533

At 31st December 2023

-

7,941

2,439,704

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

592

360

Amounts owed by group undertakings

923,312

309,506

Other debtors

500

500

Prepayments

184,683

193,495

1,109,087

503,861

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

123,727

400,945

Amounts owed to group undertakings

114,606

93,199

Tax

189,150

112,436

Social security and other taxes

5,328

5,851

VAT

130,505

43,313

Other creditors

23,012

15,718

Accrued expenses

120,141

113,709

706,469

785,171

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

75,000

75,000

Between one and five years

225,000

225,000

In more than five years

87,500

162,500

387,500

462,500

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

2

Ordinary

£1

2

2

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Dobbins FCA (Senior Statutory Auditor)

for and on behalf of Dunkley's

11.	PENSION COMMITMENTS

During the year, the company operated a defined contribution pension scheme through an external provider.

Employer contributions to the scheme for the year totalled £7,210 (2023 - £7,263).

Accrued pension contributions outstanding at the balance date totalled £1,743 (2023 - £1,667).

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

14.	ULTIMATE CONTROLLING PARTY

The parent of the smallest group for which consolidated financial statements are drawn up of which this company is a member is Activeon AS, a company registered in Norway.

The parent of the largest group for which consolidated financial statements are drawn up of which this company is a member is Activeon AS, a company registered in Norway.

The registered office of the parent is Vollsveien 2a, 1366 Lysaker, Norway.