Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 March 2025 31 March 2025 10573099 Mr Dino Patti Mrs Claire Boissiere iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10573099 2023-12-31 10573099 2025-03-31 10573099 2024-01-01 2025-03-31 10573099 frs-core:CurrentFinancialInstruments 2025-03-31 10573099 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 10573099 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2025-03-31 10573099 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 10573099 frs-core:FurnitureFittings 2025-03-31 10573099 frs-core:FurnitureFittings 2024-01-01 2025-03-31 10573099 frs-core:FurnitureFittings 2023-12-31 10573099 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 10573099 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2025-03-31 10573099 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 10573099 frs-core:OtherResidualIntangibleAssets 2025-03-31 10573099 frs-core:OtherResidualIntangibleAssets 2024-01-01 2025-03-31 10573099 frs-core:OtherResidualIntangibleAssets 2023-12-31 10573099 frs-core:PlantMachinery 2025-03-31 10573099 frs-core:PlantMachinery 2024-01-01 2025-03-31 10573099 frs-core:PlantMachinery 2023-12-31 10573099 frs-core:SharePremium 2025-03-31 10573099 frs-core:ShareCapital 2025-03-31 10573099 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10573099 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2025-03-31 10573099 frs-bus:FilletedAccounts 2024-01-01 2025-03-31 10573099 frs-bus:SmallEntities 2024-01-01 2025-03-31 10573099 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2025-03-31 10573099 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2025-03-31 10573099 frs-bus:Director1 2024-01-01 2025-03-31 10573099 frs-bus:Director1 2023-12-31 10573099 frs-bus:Director1 2025-03-31 10573099 frs-bus:Director2 2024-01-01 2025-03-31 10573099 frs-countries:EnglandWales 2024-01-01 2025-03-31 10573099 2022-12-31 10573099 2023-12-31 10573099 2023-01-01 2023-12-31 10573099 frs-core:CurrentFinancialInstruments 2023-12-31 10573099 frs-core:SharePremium 2023-12-31 10573099 frs-core:ShareCapital 2023-12-31 10573099 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10573099
Jumpship Limited
Unaudited Financial Statements
For the Period 1 January 2024 to 31 March 2025
ChadSan Limited
Castle House
Castle Street
Guildford
GU1 3UW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 10573099
31 March 2025 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 70,371 1,507,595
Tangible Assets 5 4,297 5,689
74,668 1,513,284
CURRENT ASSETS
Debtors 6 472,288 719,157
Cash at bank and in hand 398,426 311,564
870,714 1,030,721
Creditors: Amounts Falling Due Within One Year 7 (69,733 ) (687,059 )
NET CURRENT ASSETS (LIABILITIES) 800,981 343,662
TOTAL ASSETS LESS CURRENT LIABILITIES 875,649 1,856,946
NET ASSETS 875,649 1,856,946
CAPITAL AND RESERVES
Called up share capital 8 28 28
Share premium account 2,141,296 2,141,296
Profit and Loss Account (1,265,675 ) (284,378 )
SHAREHOLDERS' FUNDS 875,649 1,856,946
Page 1
Page 2
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Claire Boissiere
Director
11th December 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jumpship Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10573099 . The registered office is Castle House, Castle Street, Guildford, Surrey, GU1 3UW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods, royalties from game sales and from the rendering of services. 
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Royalties
Royalties turnover includes digital game sales which are recognised in the period in which they are made.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets consist of trademarks purchased. They are amortised on a straight line basis over their estimated economic useful lives of 10 years.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. 
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
As at the year end the company has recognised capitalised development expenditure totalling £51,439 (2023: £1,622,733). This was recognised on a project completed during the previous period which is now being amortised over two years from release in accordance with industry practice with the following division: 1/3 amortisation during months 1 to 3 following release, 1/3 amortisation during months 4 to 12 following release and the remaining 1/3 during months 13 to 24 following release.
As at the year end, and in line with this policy, the company has recognised amortisation in relation to these capitalised amounts totalling £181,752 (2023: £137,172). Ongoing projects are not amortised but are impairment tested annually.
Page 3
Page 4
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 50% on cost
Plant & Machinery 33% on cost
Fixtures & Fittings 33% on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.
2.6. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 12 (2023: 15)
12 15
Page 4
Page 5
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost
As at 1 January 2024 24,890 1,622,733 1,647,623
Additions - 1,171,986 1,171,986
As at 31 March 2025 24,890 2,794,719 2,819,609
Amortisation
As at 1 January 2024 2,856 137,172 140,028
Provided during the period 3,103 181,752 184,855
Impairment losses - 2,424,355 2,424,355
As at 31 March 2025 5,959 2,743,279 2,749,238
Net Book Value
As at 31 March 2025 18,931 51,440 70,371
As at 1 January 2024 22,034 1,485,561 1,507,595
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 6,533 72,101 22,602 101,236
Additions - 3,312 - 3,312
As at 31 March 2025 6,533 75,413 22,602 104,548
Depreciation
As at 1 January 2024 6,533 66,413 22,601 95,547
Provided during the period - 4,704 - 4,704
As at 31 March 2025 6,533 71,117 22,601 100,251
Net Book Value
As at 31 March 2025 - 4,296 1 4,297
As at 1 January 2024 - 5,688 1 5,689
Page 5
Page 6
6. Debtors
31 March 2025 31 December 2023
£ £
Due within one year
Trade debtors 367 254
Other debtors 471,921 718,903
472,288 719,157
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 December 2023
£ £
Trade creditors 15,141 60,207
Bank loans and overdrafts 637 3,631
Amounts owed to group undertakings - 505,148
Other creditors 44,181 43,013
Taxation and social security 9,774 75,060
69,733 687,059
8. Share Capital
31 March 2025 31 December 2023
£ £
Allotted, Called up and fully paid 28 28
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mrs Claire Boissiere - 456 - - 456
The above loan is unsecured, interest free and repayable on demand.
Page 6
Page 7
10. Related Party Transactions
During the period to 31st March 2025, amounts owed to a former parent company of £1,909,094 were written off. The balance owing to the company is £0 (31st December 2023: £505,145). Interest expense of £45,639 (31st December 2023: £5,148) was recognised on this loan through the profit and loss account.
Included in Subcontractor costs is £97,500 (31st December 2023: £78,000) paid to AppLeet IVS, a Danish company of which Mr Dino Patti is a director.
Page 7