Company No: 10227072 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Debtors	4	0		12
		0		12
Creditors: amounts falling due within one year	5	( 95,955)		( 125,872)
Net current liabilities		(95,955)		(125,860)
Total assets less current liabilities		(95,955)		(125,860)
Creditors: amounts falling due after more than one year	6	0		( 8,000)
Net liabilities		( 95,955)		( 133,860)
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 96,055 )		( 133,960 )
Total shareholder's deficit		( 95,955)		( 133,860)

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Jump 4 South West Limited (registered number: 10227072) were approved and authorised for issue by the Board of Directors on 11 December 2025. They were signed on its behalf by:

Mr R Kujawski Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jump 4 South West Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom. The principal place of business is Wilson Way, Pool, Redruth, Cornwall, TR15 3RT.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

In the year, the Company ceased trading and sold the business assets in June 2025. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery

10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery		Total
	£		£
Cost
At 01 July 2024	311,551		311,551
Disposals	( 311,551)		( 311,551)
At 30 June 2025	0		0
Accumulated depreciation
At 01 July 2024	311,551		311,551
Disposals	( 311,551)		( 311,551)
At 30 June 2025	0		0
Net book value
At 30 June 2025	0		0
At 30 June 2024	0		0

4. Debtors

	2025		2024
	£		£
Other debtors	0		12

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	0		6,000
Other taxation and social security	6,280		0
Other creditors	89,675		119,872
	95,955		125,872

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		8,000

The bank borrowing is secured by way of a fixed charge over the company assets.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Related party transactions

Transactions with owners holding a participating interest in the entity

	2025		2024
	£		£
Less 4 Spares Limited	(88,675)		(112,296)

The company's share capital is 100% owned by Less 4 Spares Limited. There is an ongoing intercompany loan between the two entities, for which the balances at the year end date is shown above. Jump 4 South West Limited is not charged any interest on the outstanding loan balance with Less 4 Spares Limited.