REGISTERED NUMBER: 09334235 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31st December 2024

for

Gojumpin Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Income Statement

8

Other Comprehensive Income

9

Balance Sheet

10

Statement of Changes in Equity

11

Cash Flow Statement

12

Notes to the Cash Flow Statement

13

Notes to the Financial Statements

14

DIRECTORS:

T I McClure

D E Melhus

P I Haagaas

REGISTERED OFFICE:

5 Patchway Trading Estate Britannia Road

Patchway

Bristol

BS34 5TA

REGISTERED NUMBER:

09334235 (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

The directors present their strategic report for the year ended 31st December 2024.

REVIEW OF BUSINESS

Gojumpin Limited operates in the leisure and entertainment sector, specialising in indoor trampoline parks. The directors continue to review opportunities and are confident about the financial position of the company going into 2025.

PRINCIPAL RISKS AND UNCERTAINTIES

The greatest risks are posed by a tightening reinsurance market, rising costs and the general macroeconomic climates.

Given the good claims history of the company and the emergence of a new industry Mutual scheme (offering an alternative to conventional insurance), the company is in a strong position to continue to secure insurance at competitive rates.

Rising costs are being met with selective re-tendering and supplier switches where appropriate. In addition, the management team reviews pricing every 6 months to ensure product pricing reflects any cost inflation that the business is experiencing.

The relative low purchase costs for activities in the parks, and the social prioritisation of children's welfare, are expected to provide resilience to any downturn in macroeconomic performance.

KEY PERFORMANCE INDICATORS

During the year ended 31 December 2024, Gojumpin Limited generated revenue of £11,492,524 (2023: £12,768,860). 2024 is the Company's first full financial year owned by Airhop Holdings Limited and therefore part of the Activeon group. The Company has become a key revenue source for the Activeon group in the UK.

ON BEHALF OF THE BOARD:

T I McClure - Director

30th September 2025

The directors present their report with the financial statements of the company for the year ended 31st December 2024.

DIVIDENDS

No dividends will be distributed for the year ended 31st December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report.

T I McClure

D E Melhus

P I Haagaas

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Dunkley's, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

T I McClure - Director

30th September 2025

Opinion

We have audited the financial statements of Gojumpin Limited (the 'company') for the year ended 31st December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31st December 2024 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Extent to which the audit was considered capable of detecting irregularities, including fraud

We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:

- the nature of the industry and sector, control environment and business performance including the design of the company's remuneration policies, bonus levels and performance targets;

- any matters we identified, having obtained and reviewed the company's documentation of their policies and procedures relating to:

o identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;

o detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;

o the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;

- the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the areas of management override of controls, and revenue recognition.

We also obtained an understanding of the legal and regulatory framework that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements.

Audit response to risks identified

Our procedures to respond to risks identified included the following:

- enquiring of management, concerning actual and potential litigation and claims;

- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

- in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Matthew Dobbins FCA (Senior Statutory Auditor)

for and on behalf of Dunkley's

Statutory Auditor

Chartered Accountants

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

30th September 2025

TURNOVER

11,492,524

12,768,860

Cost of sales

(3,033,855

)

(3,045,640

)

GROSS PROFIT

8,458,669

9,723,220

Administrative expenses

(6,604,392

)

(7,567,659

)

1,854,277

2,155,561

Other operating income

24,460

4,153

OPERATING PROFIT

4

1,878,737

2,159,714

Interest receivable and similar income

3

122

1,878,740

2,159,836

Interest payable and similar expenses

6

(19,751

)

(90,543

)

PROFIT BEFORE TAXATION

1,858,989

2,069,293

Tax on profit

7

(466,446

)

360,798

PROFIT FOR THE FINANCIAL YEAR

1,392,543

2,430,091

PROFIT FOR THE YEAR

1,392,543

2,430,091

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,392,543

2,430,091

FIXED ASSETS

Intangible assets

9

-

-

Tangible assets

10

3,731,297

3,820,012

Investments

11

1,008,218

1,008,218

4,739,515

4,828,230

CURRENT ASSETS

Stocks

12

124,539

80,593

Debtors

13

4,760,502

3,166,027

Cash at bank and in hand

508,071

756,807

5,393,112

4,003,427

CREDITORS

Amounts falling due within one year

14

4,763,200

4,979,849

NET CURRENT ASSETS/(LIABILITIES)

629,912

(976,422

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,369,427

3,851,808

PROVISIONS FOR LIABILITIES

16

772,682

647,606

NET ASSETS

4,596,745

3,204,202

CAPITAL AND RESERVES

Called up share capital

17

151,292

151,292

Share premium

18

6,693,183

6,693,183

Retained earnings

18

(2,247,730

)

(3,640,273

)

SHAREHOLDERS' FUNDS

4,596,745

3,204,202

The financial statements were approved by the Board of Directors and authorised for issue on 30th September 2025 and were signed on its behalf by:

T I McClure - Director

Called up

share

Retained

Share

Total

capital

earnings

premium

equity

£

£

£

£

Balance at 1st January 2023

151,292

(6,070,364

)

6,693,183

774,111

Changes in equity

Total comprehensive income

-

2,430,091

-

2,430,091

Balance at 31st December 2023

151,292

(3,640,273

)

6,693,183

3,204,202

Changes in equity

Total comprehensive income

-

1,392,543

-

1,392,543

Balance at 31st December 2024

151,292

(2,247,730

)

6,693,183

4,596,745

Cash flows from operating activities

Cash generated from operations

1

782,540

3,538,810

Interest paid

(19,751

)

(90,543

)

Tax paid

-

71,132

Net cash from operating activities

762,789

3,519,399

Cash flows from investing activities

Purchase of tangible fixed assets

(1,019,862

)

(560,944

)

Sale of tangible fixed assets

8,334

-

Interest received

3

122

Net cash from investing activities

(1,011,525

)

(560,822

)

Cash flows from financing activities

Loan repayments in year

-

(3,592,351

)

Group loan movements

-

941,580

Net cash from financing activities

-

(2,650,771

)

(Decrease)/increase in cash and cash equivalents

(248,736

)

307,806

Cash and cash equivalents at beginning of year

2

756,807

449,001

Cash and cash equivalents at end of year

2

508,071

756,807

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

31.12.24

31.12.23

as restated

£

£

Profit before taxation

1,858,989

2,069,293

Depreciation charges

1,100,244

1,006,970

Increase in provisions

-

19,339

Finance costs

19,751

90,543

Finance income

(3

)

(122

)

2,978,981

3,186,023

(Increase)/decrease in stocks

(43,946

)

87,586

Increase in trade and other debtors

(2,318,214

)

(107,943

)

Increase in trade and other creditors

165,719

373,144

Cash generated from operations

782,540

3,538,810

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31st December 2024

31/12/24

1/1/24

£

£

Cash and cash equivalents

508,071

756,807

Year ended 31st December 2023

31/12/23

1/1/23

as restated

£

£

Cash and cash equivalents

756,807

449,001

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/1/24

Cash flow

At 31/12/24

£

£

£

Net cash

Cash at bank and in hand

756,807

(248,736

)

508,071

756,807

(248,736

)

508,071

Total

756,807

(248,736

)

508,071

1.	STATUTORY INFORMATION

Gojumpin 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The functional and presentational currency of the Company is considered to be pounds sterling because that is the currency of the economic environment in which the company operates.

Preparation of consolidated financial statements

The financial statements contain information about Gojumpin Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 401 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Activeon AS, Vollsveien 2a, 1366 Lysaker, Norway.

The immediate parent company is AirHop Holdings Limited, a company registered in the UK.

The smallest group preparing consolidated financial statements is Activeon AS.

Judgement applying to accounting policy

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities within the statement of financial position and the amounts reported for Turnover and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The following Judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

(i) Useful economic lives of tangible fixed assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilization and the physical condition of the assets.

(ii) Provisions

A provision is made for dilapidations. These provisions require management's best estimate of the costs that will be incurred based on legislative and contractual requirements. In addition, the timing of the cash flows and discount rates used to establish net present value of the obligations require management's judgement.

Turnover

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

Turnover is attributable to trampoline activities, sale of socks and cafe sales.

Revenue for advance bookings is deferred and recognised on customer arrival or in the case of cancelled bookings on the date of cancellation.

Gift cards

Turnover from sales of gift cards are recognised at the earlier of point of redemption or point of expiry.

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.

Development costs are being amortised evenly over their estimated useful life of five 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

Fixtures and fittings

-

20% on cost and 10% on cost

Computer equipment

-

20% on cost

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the profit and loss.

Financial instruments

The company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors and loans to and from related parties.

(i) Financial assets

Basic financial assets, including trade and other debtors, and amounts due from related companies , are initially recognised at transaction price, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at market rate of interest.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors and accruals, and amounts due to related companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Current and deferred taxation

The taxation expense for the period comprises current and deferred tax recognised in the reporting

period. Tax is recognised in the Consolidated statement of income and retained earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case tax is also recognised in other comprehensive income or directly in equity respectively.

Current or deferred taxation assets and liabilities are not discounted.

(i) Current tax

Current tax is the amount of income tax payable in respect of the taxable profit for the year or prior

years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively

enacted by the period end in the countries where the Group operates and generates income.

(ii) Deferred tax

Deferred tax balances are recognised in respect of all timing differences that have originated but not

reversed by the Statement of Financial Position date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax

allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of

business combinations, when deferred tax is recognised on the differences between the fair values of

assets acquired and the future tax deductions available for them and the differences between the fair

values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined

using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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 plan for its employees. A defined contribution plan is a pension plan 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 the profit and loss when they fall due. Amounts not paid are shown in other creditors as a liability in the statement of financial position. The assets of the plan are held separately from the company in a independent administered fund.

Going concern

In considering the appropriate basis on which to prepare the financial statements, the directors are required to consider the company can continue in operational existence for the foreseeable future.

The Directors regularly review the Company's cash requirements and are confident that the Company has sufficient cash and funding facilities, based on reasonable expectations of future trading, to prepare these accounts on a going concern basis.

Finance costs

Finance costs are charged to the profit and loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Borrowing costs

All borrowing cost's are recognised in the profit and loss in the year in which they incurred.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to profit or loss in the year that the Company becomes aware

of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

Operating leases

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

3.	EMPLOYEES AND DIRECTORS

31.12.24

31.12.23

as restated

£

£

Wages and salaries

2,559,502

2,903,586

Social security costs

99,962

149,455

Other pension costs

27,996

42,097

2,687,460

3,095,138

The average number of employees during the year was as follows:

31.12.24

31.12.23

as restated

Management and administration

42

6

Operations

338

345

Sales

-

3

380

354

31.12.24

31.12.23

as restated

£

£

Directors' remuneration

-

17,500

Directors' pension contributions to money purchase schemes

-

583

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.12.24

31.12.23

as restated

£

£

Depreciation - owned assets

1,100,243

1,006,893

Development costs amortisation

-

77

Foreign exchange differences

8,002

34

5.	EXCEPTIONAL ITEMS

31.12.24

31.12.23

as restated

£

£

Exceptional items

-

(487,828

)

Exceptional items within the comparative were one off costs in relation to the merger of Gojumpin Limited with Airhop Holdings Ltd.

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

31.12.24

31.12.23

as restated

£

£

Bank interest

323

49,338

Interest on dilapidation

19,428

19,339

Loan

-

21,866

19,751

90,543

7.

TAXATION

Analysis of the tax charge/(credit)

The tax charge/(credit) on the profit for the year was as follows:

31.12.24

31.12.23

as restated

£

£

Current tax:

UK corporation tax

1

-

Deferred tax

466,445

(360,798

)

Tax on profit

466,446

(360,798

)