Jump! Innovation Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09438519

Jump! Innovation Limited

Filleted Unaudited Financial Statements

31 December 2024

Jump! Innovation Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Current assets

Debtors	5	27,000	112,000
Cash at bank and in hand		130,696	80,112
		---------	---------
		157,696	192,112

Creditors: amounts falling due within one year	6	83,204	125,488
		---------	---------
Net current assets		74,492	66,624
		--------	--------
Total assets less current liabilities		74,492	66,624
		--------	--------
Net assets		74,492	66,624
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	74,392	66,524
	--------	--------
Shareholders funds	74,492	66,624
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:

Ms. S. O'Connell

Director

Company registration number: 09438519

Jump! Innovation Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 75 Shelton Street, Covent Garden, London, WC2H 9JQ, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2023: 15 ).

5. Debtors

	2024	2023
	£	£
Trade debtors	–	85,000
Other debtors	27,000	27,000
	--------	---------
	27,000	112,000
	--------	---------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	7,003	8,195
Amounts owed to group undertakings and undertakings in which the company has a participating interest	3,800	3,800
Corporation tax	677	–
Social security and other taxes	29,444	96,605
Other creditors	42,280	16,888
	--------	---------
	83,204	125,488
	--------	---------

7. Related party transactions

The company was wholly owned by Jump! Marketing Limited, a company incorporated and resident in the Republic of Ireland, throughout the period. As at 31 December 2024 the parent company was owed £3,800 (2023 £3,800).