Registration number: 07190207

Onepiece Jump In Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3 to 10

Onepiece Jump In Limited

Company Information

Directors

O Fjelberg T M Adams K Gresvig

Registered office

155 Curtain Road London EC2A 3QY

Accountants

Shaw Gibbs Limited Salatin House 19 Cedar Road Sutton Surrey SM2 5DA

Onepiece Jump In Limited

(Registration number: 07190207)
Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Non-current assets
Property, plant and equipment	5	281	677
Current assets
Receivables	6	9,450	45,134
Cash at bank and in hand	7	27,123	92,310
		36,573	137,444
Payables: Amounts falling due within one year	8	(577,576)	(511,142)
Net current liabilities		(541,003)	(373,698)
Net liabilities		(540,722)	(373,021)
Equity
Called up share capital	9	100,000	100,000
Retained earnings	9	(640,722)	(473,021)
Total equity		(540,722)	(373,021)

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements of Onepiece Jump In Limited were approved and authorised for issue by the Board on 15 September 2025 and signed on its behalf by:
 

.........................................

O Fjelberg
Director

Onepiece Jump In Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024

1	General information

Onepiece Jump In Limited (the 'company') is a private company limited by share capital, registered in England and Wales under the Companies Act. The address of the registered office is given on page 1. The nature of the company’s operations and its principal activities are set out in the directors' report on page 2.

2	Accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The directors have reviewed the ongoing committed financial support from the company's parent undertaking and are confident that this will be available for the foreseeable future. After making enquiries, the directors are satisfied that the company has sufficient resources to continue in operation for the foreseeable future, being at least 12 months from the date of signing the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Onepiece Jump In Limited is reliant on the support of Onepiece Jump In AS as the parent company which is committed to the UK market and has demonstrated its support through a letter of support.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).

Onepiece Jump In Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Critical judgements and key sources of estimation uncertainties

There were no key sources of estimation uncertainties or critical judgements made by the directors in the process of applying the company’s accounting policies with significant effect on the amounts recognised in the financial statements.

Revenue recognition

Revenue comprises the fair value of the consideration received for the sale of goods in the ordinary course of the company’s activities. Revenue is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into Sterling at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the initial transaction dates. Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in the income statement, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the year end.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Property, plant and equipment

Property, plant and equipment are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of property, plant and equipment includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Onepiece Jump In Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Asset class	Depreciation method and rate
Computer equipment	25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise bank current accounts that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Receivables

Receivables are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade receivables is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Payables

Payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Payables are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Payables are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

The company operates a defined contribution pension scheme. The assets of the schemes are held separately from those of the company. Contributions are recognised in the income statement in the period in which they become payable.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 4 (2023 - 5).

Onepiece Jump In Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

4

Taxation

Tax charged/(credited) in the income statement

	2024 £	2023 £
Current taxation
UK corporation tax	-	-
	-	-

The tax on profit before tax for the year is lower than the standard rate of corporation tax in the UK (2023 - lower than the standard rate of corporation tax in the UK) of 25% (2023 - 23.5%).

The differences are reconciled below:

	2024 £	2023 £
Loss before tax	(167,701)	(50,086)
Corporation tax at standard rate	(41,925)	(9,494)
Effect of expense not deductible in determining taxable profit	-	245
Effect of tax losses	42,024	9,536
Tax decrease from effect of capital allowances and depreciation	(99)	(287)
Total tax charge/(credit)	-	-

Onepiece Jump In Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

5	Property, plant and equipment

	Computer equipment  £
Cost
At 1 January 2024	792
At 31 December 2024	792
Depreciation
At 1 January 2024	115
Charge for the year	396
At 31 December 2024	511
Carrying amount
At 31 December 2024	281
At 31 December 2023	677

6	Receivables

	2024 £	2023 £
Trade receivables	1,750	5,429
Other receivables	7,700	31,603
Prepayments	-	8,102
	9,450	45,134

Other receivables includes lease deposits amounting to £Nil (2023: £30,000) which is recoverable after more than one year.

7	Cash and cash equivalents

	2024 £	2023 £
Cash at bank	27,123	92,310

Onepiece Jump In Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024 (continued)

8

Payables

	2024 £	2023 £
Due within one year
Trade payables	13,364	14,589
Amount owed to group undertaking	471,912	407,622
Social security and other taxes	62,388	81,919
Outstanding defined contribution pension	-	1,022
Other payables	22,322	240
Accruals	7,590	5,750
	577,576	511,142

The amount owed to group undertaking disclosed as falling within one year is unsecured, payable on demand and is non-interest bearing.

9	Share capital and reserves

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	100,000	100,000	100,000	100,000