2024-05-31-accounts - Jump Space Limited

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Company Registration Number - 06780801

The Charity Registration Number is - 1129085

Jump Space Limited (A Company Limited by guarantee) Report and Accounts

31 May 2024

Jump Space Limited

Trustees' Annual Report for the year ended 31 May 2024

The Trustees present their Report and Accounts for the year ended 31 May 2024, which also comprises the Directors' Report required by the Companies Act 2006.

Reference and administrative details

The charity name.

The legal name of the charity is: - Jump Space Limited.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1129085.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.

The governing document is dated 29 December 2008

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.

The trustees are all individuals.

The Trustees present their Report and Accounts for the year ended 31 May 2024, which also comprises the Directors' Report required by the Companies Act 2006.

The principal operating address

Unit 2 Hardman Street, Stockport Cheshire, SK3 0BJ

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

The Trustees in office during the year and on the date the report was approved were : Danielle Jones (Chair)

Elinor Philip

Martin Isherwood Smith

Claudia Ricketts-Royle (Resigned (April 2024)

Nasreen Longden (Resigned December 2023)

Jessica Norbury

Julie Parry (Joined April 2024) (Secretary

Company Secretary

Marie Fisher

Independent Examiner

James Wheelan FCCA

James Wheelan Accountancy Limited

Minshull House,67 Wellington Road North

Stockport

SK4 2LP

Bankers

The Co-operative Bank

PO Box 250, Delf House

Southway, Skelmersdale

WN8 6WT

Solicitors

Dave Chapman

Hartford Solicitors Ltd

Suite C, Beckwith House 1 Wellington Rd North

Stockport, SK4 1AF

Trustees annual report

Structure, Governance and Management

Background

Jump Space registered as an incorporated private company limited by guarantee on 29th December 2008, gaining charitable status on 8th April 2009 in England and Wales. In October 2010 the charity secured suitable premises in the Edgeley ward of Stockport to deliver it objects and aims and to develop its programme of activities.

Between June 2023 and March 2024 user numbers have remained steady, with a growth in groups and schools using the centre. Jump Space is open six days per week, with 52 hours of services offered each week. As of 31st May 2024, Jump Space employed 6 members of staff. Most of the staff are focussed on delivery of the services in the gym with three full time coaches, one part time coach and a team of volunteers. The coaching team includes the development manager who leads the outreach programme and development of new services within the charity.

The office is run by the Chief Executive and a part time Office Manager. Jump Space is governed by memorandums and articles of association which are lodged with the charity commission.

The management of the charity is undertaken by the board of trustees who are drawn from a wide range of professions in the local community. Trustees are appointed by the board. Where trustee positions are available the board may invite new members to join to make up the numbers, these individuals must then stand down at the next AGM and be voted on by the board. The board of trustees has been made up of five full members and one coopted member this year. There are no maximum numbers for the board, however the board needs a minimum of two unrelated members present to be quorate. Decisions are made by majority vote with the chair having a casting vote where required. The trustees delegate the day to day running of the charity to the Chief Executive and staff, any decisions around major expenditure (over £2500) and those which affect the operation and development of the charity are made by the board.

The major risk to the charity remains the high running costs, this has been exacerbated by the high cost of living over the 12-month period and a reduction in the number of available grants to apply to. The nature of the work and support given to users makes our staffing costs are high. As it is difficult to attain funding through grants for staffing costs this provides a challenge to fundraising. High staffing ratios are maintained in order to provide necessary support to users and to provide opportunities for parents who can often be socially isolated to access respite and social interaction with other parents.

The biggest risk to the charity remains to be Covid 19 epidemic as a future outbreak which results in closure for any period is seriously detrimental to the charity. The charity survived the previous

lockdown with support from the National Lottery Covid Emergency Fund and since reopening the National Lottery Reaching Communities Fund.

Recruitment and staffing also added a new risk to the charity this year as we looked to recruit new members to our coaching team. The niche nature of our activity and a skills shortage make recruitment difficult.

Objectives & Activities

a range of physical activities capable of improving physical health in an inclusive manner, enabling members to learn and develop as individuals; and to provide and assist in providing facilities for sport, recreation or other leisure time occupation for such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances and specifically those members of the community with a disability or for the public at large in the interests of social welfare and with the object of improving their conditions of life; and to advance the education of children and young people and to provide opportunities for them to develop their full capacities and enable them to become responsible members of society and to educate coaches working in a range of sports, specialising in the provision of inclusive activity .

The specific aims of the charity for this year have been:-

To grow the number of participants accessing our services
To consult with members about future development of the charity
To redevelop the centre to maximise available income streams
To strengthen the board
To continue to invest in staff development and support the growth in staff leadership skills throughout the team.

Meet the team

The Trustees Danielle Jones Chair

Danielle joined the board of trustees in 2012. She became associated with the charity through has a background in Social work and is employed as a Senior Social worker for Manchester Adult Mental Health Services.

Elinor Philp - Trustee

Elinor joined the board in 2019. She is a parent of an adult participant at Jump Space. Elinor brings her experience of the health system and of her family journey to the board which gives the board another angle of expertise. She has worked as a Paediatric physiotherapist for over 20 years. Additionally, she is a registered adult nurse. She has been qualified for 35 years and over the years have worked in a variety of settings.

Thomas KeenSecretary

Thomas joined the board in 2017. He has been a participant at Jump Space since it opened.

Martin Isherwood Smith Trustee

Martin is a Senior Probation Officer for the National Probation Service whose son Kyan has been attending Jump Space for about 7 years. Over the years Martin and his family have really embraced Jump Space. Martin brings his knowledge of safeguarding through his employment as well as his experience through having a child with disabilities himself to the Jump Space trustees. Martin is also the safeguarding lead for trustees.

Claudia Ricketts Royle - Trustee

Claudia joined the trustees in 2021. She works for the probation service and volunteers with a number of local organisations. This year Claudias took over responsibility on the board for Health & Safety

Jessica Norbury Trustee

Jessica joined the trustees as a junior member in 2021 as a participant representative for the organisation. Jessica has been a participant at Jump Space for several years and wants to support the development of the charity. Jessica also volunteers at sessions with younger children at Jump Space.

Nasreen Longden - Treasurer

needs, attends Jump Space weekly and this is where her passion for the charity originated. Nas is a Tax Director at a management consulting firm and has an accounting and tax background.

Julie Parry New Secretary

Now retired, I worked for more than 30 years in the publishing and events industry in many roles ranging from sales and marketing to event co-ordination and website

development. Originally from South Wales, I relocated from Surrey to Manchester in 2018 to support my son and grandson and discovered Jump Space not long after I made the move. Jump Space has been a lifeline for my family and being able to serve on the Board of Trustees is a small way of giving back to this wonderful organisation.

Staff & Volunteers

Marie Fisher Chief Executive and Founder

Marie is the driving force behind Jump Space. With a career base in disability sports development at national level and sports coaching. Marie has used all her experience and expertise to develop Jump Space and is dedicated to seeing the centre grow into a community hub for the local community showcasing disability sport.

Ashlea Kirby RichardsonOffice Manager

Ashlea joined Jump Space in 2022 managing the office and supporting the senior management team in the day-to-day operations. She has a background in care and has worked in this sector for years.

Steven Isherwood Smith Senior Coach & Health & Safety Manager

Steven worked part time for Jump Space for 4 years before leaving for a full time post as a carer in supported housing. He has returned to us as a full time member of staff. Steven has responsibility for Health and Safety at the centre. Steven is also a parent of a child with additional needs.

Lynsey McIntosh Development Manager and Founder

Lynsey and Marie coached together for many years prior to establishing Jump Space. Lynsey formerly worked as a secondary school teacher, coaching at the centre on a Saturday morning. However, from May 22 Lynsey joined the staff team on a more formal footing becoming the development manager and outreach lead for the charity.

Matthew Ross Senior Coach and Community and Library manager

Matthew worked as a Teaching Assistant for 7 years. He started off in mainstream primary settings before focussing on SEND work. He has a Diploma in Childcare and Education (EYE) and is also trained to lead therapeutic LEGO sessions. He is passionate about the importance of play in learning.

Daniel Loft Trainee Rebound Coach

Daniel has done a Sports Science and Coaching degree at Nottingham University. He has played rugby union since he was 12, captaining his team both at club and county level. As part of his degree, Dan coached in primary and secondary settings and has also coached in club and after school sessions. Dan completed volunteering hours with us before

becoming a part-time member of our staff. Daniel also works for Sainsburys where he is on a management pathway.

Volunteers

Jump space continues to attract volunteers of all ages and abilities, we welcome young people to support participants in accessing play and sensory activities. Our adult supporters assist individuals at a variety of sessions giving as much time as they have available. We also have links to local school who we support by providing work experience which supports our volunteer development and recruitment. We encourage young people to volunteer from the age of 14 years teaching them to be play leaders. At 16 if they are interested, we encourage them to start coaching rebound therapy and put them through their coach training. We actively recruit volunteers from our members and through this year have had 4 individuals with impairments working as volunteers at sessions and a total of 15 volunteers, giving over 2000 hours of their time this year.

How we achieved our Aims

Danielle Jones (Chair)

The twelve months from June 2023 May 24 have once again proved challenging for Jump Space. In May 2023 we had confirmation from the local authority and local development corporation that the area around Jump Space HQ is safe from development for at least the next ten years. This secured our long-term future enabling us to extend our lease and plan the refurbishment of the centre to refresh the activity space and develop new spaces to develop new activities as part of our growth strategy. Our funding from the National lottery Community fund came to an end in September 2023 and we failed to get continuation funding in part due the uncertainty of the building plans and our lease which were uncertain at the time of reapplication. We spent the period between May and December 2023 planning a major refurbishment for 2024 and carrying out smaller jobs throughout the year, consulting our participants for their ideas for the centre. Completed jobs included refurbishing the accessible toilet, insulating, reflooring and redecorating the sensory room, redecorating and renaming the cafe (the Rest-Bite cafe) with the support of volunteers from the Vernon Building Society and redesigning and refurbishing the office space to enable better working.

The Autumn of 2023 brought about major staffing changes as coaches moved on to new opportunities and we recruited a new team. We welcomed Steven back to the coaching team along with Matthew. AJ joined us for a short period but moved onto new challenges in April 2024 for health reasons. Daniel moved from volunteering to paid staff at the end of April. The new team has enabled Lynsey and Marie to implement a range of new initiatives in the classes and sessions and the new team have quickly become a huge asset to the charity.

2024 is the 14[th] anniversary of Jump Space HQ being opened, during this time we have tweaked and repaired many things in the centre but have never done a major refurbishment and refresh of the space. Plans to deliver this refurbishment were set for implementation in early 2024 however difficulties in supplies of building materials meant delays to the build, until we finally made the decision to push the date back to summer 2024 to minimise disruption to services.

Father Christmas made his annual trip to Jump Space in December supported by the Music Agency elves who have been supporters of our Christmas party for many years.

The board of trustees has also undergone some changes in 2023-4 with Thomas Keen, Nasreen Longden and Claudia Ricketts-Royle stepping down due to other commitments. We also welcomed Julie Parry onto the board and are planning to recruit another two members.

We have now secured our premises for the foreseeable future which allows us to make further development plans. However, these plans can only be realised if we have sufficient funds and we are therefore focused on raising monies through grants so that we can focus on providing the best service for our client group.

Julie Parry (Secretary)

Having only recently joined the Board of Trustees I look forward very much to seeing what the future holds for Jump Space. Although new to the Board I have practical experience of what Jump Space means to those children and adults who come through its doors and there is nowhere like it. Our community is an oasis for children and adults who are able to let off steam in a safe environment while for parents and guardians it offers the opportunity to relax and not feel judged. I am genuinely excited to see where Jump Space goes from here and I am very glad to be a part of it.

Claudia Ricketts Royle

In 2024 it is important to take the time to reflect on the last 12 months. Notwithstanding, there has been challenges in terms of saying goodbye and good luck to most of our core staff group, but equally welcoming back, one staff member as well as two further new recruits. The board felt that given the significant changes, it was essential to complete exit questionnaires. There were some hard-hitting reflections for the organisation, however, professional standards as well as expectations for all. having more of an active role being more visible with front line staff and our service users, families, and other key partners. We achieved this in the last quarter of this year, impromptu meetings parents/carers, attendance at team meetings as well as staff social event/s.

This year I took on the role as Health and Safety Lead for the organisation. I have been working with Marie and staff as we continue to refurbish Jump Space and develop our core activities.

Public Benefit

What difference did we make this year?

Jump Space is a leading community provider for physical activity for disabled people in Stockport, Greater Manchester and the Northwest and is the only one of its kind in the UK.

Jump Space provides unique opportunities for disabled people of all ages to be active and have social opportunities.

The Rebound programme offers one of the only types of physical activity which can be accessed by people with severe and complex needs which health and wellbeing and reduce incidence of illness which in turn reduces pressure on medical services. This element of our programme has grown significantly through this year with increased demand influencing our plans for the redevelopment of the centre.

With 52 hours of activities across all ages and abilities Jump Space has been able to offer something to everyone, this includes parents and carers who get to meet others in similar situations, reducing social isolation and providing opportunities to share ideas and support.

We have been working this year to develop or community support network giving a staff member responsibility for developing community events and activities. This is helping bring people together and helping to reduce isolation some families with disabled members feel. So far we have successfully organised two cinema trips, A Christmas party supported by Music Agency, an Easter Egg hunt supported by local supermarkets, and a beach trip to Lytham St Anne .

The reintroduction of the - cafe area has enabled us to offer a social space for parents and carers supporting respite and creating networking and befriending opportunities.

Around 400 people per week visit Jump Space to participate in activity, most of whom attend weekly with the vast majority being accompanied by at least one adult (parent or carer). We are a vital leisure and social provision for Stockport and the Greater Manchester region.

Marie also joined the board of Sector 3 this year. They are a charity which supports VCFSE organisations throughout Stockport. This role is to be part of the management of the sector and to develop further networks with outside organisations.

What we hope to achieve in the future.

Jump Space aims to continue to grow and become self-sustaining. The plans developed through this year to create new spaces in the centre will enable more services to be offered to more people.

We deliver a service currently to a small number of people with complex physical and health needs. The new space will include a specially designed immersive rebound and sensory gym with equipment chosen to support physical activity for people with the most severe impairments. Growth in this area of work will fulfil a need in the community.

Financial Review

The charity's financial position at the end of the year ended 31 May 2024

The attached financial statements show the current state of the finances, which the Management Committee considers to be acceptable. Total incoming resources were £211,316 (2023 - £272,489) and the net deficit for the year was £62,639 (2023 surplus £37,521). Unrestricted funds amounted to £142,267 (2023 - £212,629).

Reserves policy

In light of the main risks to the Charity the Management Committee has decided that the Charity should keep unrestricted funds equivalent to between three and six months of normal operation. This is to be reviewed on an annual basis.

Corporate Supporters & Grant Providers

The Vernon Building Society

Community Stars fund - £650

The Postcode Lottery

£24,595 to equip the new 1 to 1 room

The National Lottery Awards for All

£20,000 funding for new equipment for the new spaces and to replace old equipment

Manchester Airport Community Trust Fund

£3000 - towards an interactive floor for the sensory room

Charities Trust

£1000

Music Agency

Community Supporters

The Village Chippy

The University of Manchester Students

Statement of the Directors Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
select suitable accounting policies and apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
state whether applicable accounting standards and statements of

recommended practice have been followed, subject to any material

departures disclosed and explained in the financial statements;

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining

the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

Method of preparation of accounts - Small company provisions

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102,

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

This report was approved by the board of trustees.

Danielle Jones

Director and Trustee

Date: 14/08/24

Jump Space Limited

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 May 2024

I report to the Trustees on my examination of the financial statements of the charitable company for the year ended 31 May 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out .

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Jump Space Limited

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion

Attention is drawn to the accounting policy stating that, notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, and in order to accord with current best practice, the Trustees have determined to prepare the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), . I concur with this approach, and any references in my report to the regulations should be read subject to this comment.

I have completed my examination and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

James Wheelan - Independent Examiner

FCCA

Minshull House 67 Wellington Road North Stockport SK4 2LP

This report was signed on

14/08/24

Jump Space Limited - Statement of Financial Activities for the year ended 31 May 2024

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 May 2024, as required by the Companies Act 2006)

Income & Endowments from: Donations & Legacies 20 Charitable activities 21 Other trading activities 23 Total income Expenditure on: Raising funds 29 Charitable activities 28 Total expenditure Net income for the year Net income after transfers Reconciliation of funds:- Total funds brought forward Total funds carried forward 16 Net movement in funds Notes	Current year Unrestricted Funds 2024 £ 6,396 157,325 - 163,721 723 233,360 234,083 (70,362) (70,362) (70,362) 212,629 142,267	Current year Restricted Funds 2024 £ 47,595 - - 47,595 - 39,872 39,872 7,723 7,723 7,723 32,830 40,553	Current year Total Funds 2024 £ 53,991 157,325 - 211,316 723 273,232 273,955 (62,639) (62,639) (62,639) 245,459 182,820	Prior Year Total Funds 2023 £ 88,424 184,065 - 272,489 1,641 233,327 234,968 37,521 37,521 37,521 207,938 245,459

All activities derive from continuing operations

The notes attached form an integral part of these accounts.

Jump Space Limited - Statement of Financial Activities for the year ended 31 May 2024

Jump Space Limited - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

Income & Endowments from: Donations & Legacies Charitable activities Other trading activities Total income Expenditure on: Raising funds Charitable activities Total expenditure Net income for the year Transfers between funds Net income after transfers Reconciliation of funds:- Total funds brought forward Total funds carried forward Net gains on investments Net movement in funds	Prior Year Unrestricted Funds 2023 £ 7,255 184,065 - 191,320 1,641 169,493 171,134 - 20,186 - 20,186 20,186 192,443 212,629	Prior Year Restricted Funds 2023 £ 81,169 - - 81,169 - 63,834 63,834 - 17,335 - 17,335 17,335 15,495 32,830	Prior Year Total Funds 2023 £ 88,424 184,065 - 272,489 1,641 233,327 234,968 - 37,521 - 37,521 37,521 207,938 245,459

All activities derive from continuing operations

Jump Space Limited - Statement of Financial Activities for the year ended 31 May 2024

Jump Space Limited - Resources applied in the year ended 31 May 2024 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Net resources available to fund charitable activities	2024 £ (62,639) 84,356 21,717	2023 £ 37,521 (1,649) 35,872

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

Movements in revenue and capital funds for the year ended 31 May 2024

Revenue accumulated funds

Accumulated funds brought forward Closing revenue funds Recognised gains and losses before transfers	Unrestricted Funds 2024 £ 212,629 (70,362) 142,267 142,267	Restricted Funds 2024 £ 32,830 7,723 40,553 40,553	Total Funds 2024 £ 245,459 (62,639) 182,820 182,820	Last year Total Funds 2023 £ 207,938 37,521 245,459 245,459

Designated revenue funds included within the unrestricted funds above

At 1 June Transfer (to)/from revenue accumulated funds At 31 May	Total Funds 2024 £ 14,636 - 14,636	Last year Total Funds 2023 £ 14,636 - 14,636

The purposes for which these funds have been designated are described in Note 18 to the accounts.

Summary of funds Unrestricted and Designated funds 2024 £ Revenue accumulated funds 127,631 Revenue designated funds 14,636 Total funds 142,267	Restricted Funds 2024 £ 40,553 - 40,553	Total Funds 2024 £ 168,184 14,636 182,820	Last Year Total Funds 2023 £ 230,823 14,636 245,459

Jump Space Limited - Balance Sheet as at 31 May 2024

Notes Fixed assets Tangible assets 10 Current assets Debtors 11 25,066 Cash at bank and in hand 160,943 Total current assets 186,009 Creditors: amounts falling due within one year 12 (31,491) Net current assets The total net assets of the charity Restricted funds Restricted Revenue Funds 16 40,553 Unrestricted Funds Unrestricted Revenue Funds 16 127,631 Designated Funds Designated Revenue Funds 16 14,636 Total charity funds The total net assets of the charity are funded by the funds of the	2024 £ 28,302 17,522 242,369 259,891 (20,621) 154,518 182,820 32,830 40,553 197,993 127,631 14,636 14,636 182,820 charity, as follows:-	2023 £ 6,189 239,270 245,459 32,830 197,993 14,636 245,459

Jump Space Limited - Balance Sheet as at 31 May 2024

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is .

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Danielle Jones

Trustee Approved by the board of trustees on 14/08/24

Jump Space Limited

Cash Flow Statement for the year ended 31 May 2024

Cash flows from operating activities A *Cash flows from investing activities* Purchase of property, plant and equipment Net cash provided by investing activities B *Cash flows from financing activities* Net cash provided by operating activities as shown below	2024 £ (48,575) (34,985) (34,985)	2023 £ 41,322 (1,649) (1,649)

Net cash provided by financing activities C Overall cash provided by all activities Cash movements Change in cash and cash equivalents from activities in the year ended 31 May 2024 Cash and cash equivalents at 1 June 2023 A+B+C Cash at bank and in hand less overdrafts at 31 May	- (83,560) (81,426) 242,369 160,943	- 39,673 39,673 202,696 242,369

Jump Space Limited

Cash Flow Statement for the year ended 31 May 2024

Reconciliation of net income to net cash flow from operating activities

Net income as shown in the Statement of Financial Activities *Adjustments for :-* Depreciation charges Decrease in debtors Increase in creditors, excluding loans Net cash provided by operating activities A Analysis of cash and cash equivalents Cash in hand at for the year ended 31 May 2024 Total cash and cash equivalents *At start* *of year* Cash 242,369 Total 242,369 Analysis of change in net debt	(62,639) 10,738 (7,544) 10,870 (48,575) 2024 £ 160,943 160,943 *Cash* *Flows* (81,426) (81,426)	37,521 10,877 (803) (6,273) 41,322 2023 £ 242,369 242,369 *At end* *of year* 160,943 160,943

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Going Concern

The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity�s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Dividends are accrued when the shareholder�s right to receive payment is established.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.

Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.

In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.

If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.

The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.

The carrying amount of any stock held for distribution is assessed for impairment at the reporting date. All donated goods are recognised as donation income, and debited to trading stock.When trading stock is subsequently sold, or appropriated to meet an expense, then the carrying value of the stock is recognised as an expense. In accordance with the SORP, goods donated for distribution to beneficiaries, or for consumption by the charity are included in 'legacies and donations '. Goods donated for resale are included in 'Income from other trading activities'

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt. If the goods held are to be distributed freely or for a nominal consideration, then the carrying amount is subsequently adjusted to reflect the lower of deemed cost adjusted for any loss of service potential and replacement cost. Replacement cost is the economic cost incurred if the charity was to replace the service potential of the donated goods at its own expense in the most economic manner.

Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.

All donated services and facilities are recognised as donation income when received,(provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any

increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Leasehold premises Plant and machinery

10% over the life of the lease 25% straight line

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Financial instruments including cash and bank balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

Leasing and hire purchase contracts and commitments

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Pensions - defined contribution schemes

The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.

There are no endowment funds.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Significance of financial instruments to the charity's position

There are no significant implications of financial instruments on the charity's position.

5 Net surplus before tax in the financial year

Net surplus before tax in the financial year
	2024	2023
	£	£
The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets	10,738	10,877
Pension costs	4,496	3,600

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

6 Staff costs and emoluments

Salary costs
2024
£
Gross Salaries excluding trustees and key management personnel
158,870
Employer's National Insurance for all staff
7,739
Employer's operating costs of defined
contribution pension schemes
4,496
Total salaries, wages and related costs
171,105
The estimated full time equivalent number of all staff employed in the year was
9
The estimated equivalent number of full time staff deployed in different activities in the year was:-
Engaged on charitable activities
7
Engaged on management and administration
2
The estimated full time equivalent number of all staff employed as above
9
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
Key management personnel
The remuneration in the year year was
69,767
Pension contributions paid by the employer
2,249
Total remuneration package included in
total salaries above
72,018
Neither the trustees nor any persons connected with them have received any remuneration from the charity
entity, either in the current or prior year.

2023
£
143,446
5,021
3,600
152,067
7
5
2
7
63,860
2,059

65,919
or any related

7 Defined contribution pension schemes

The charity operates a defined contribution pension scheme, the costs of which are shown above.

Any liabilites and assets associated with the scheme are shown under debtors and creditors.

8 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

9 Deferred income - Unrestricted and Designated funds

*Current Year* Deferred income Total These deferrals are included in creditors *Prior Year* Deferred income Total	Opening Deferrals £ 5,957 5,957 Opening Deferrals £ 14,878 14,878	Released from prior years £ 5,957 5,957 Released from prior years £ 14,878 14,878	Received less released in year £ 4,367 4,367 2024 £ 4,367 Received less released in year £ 5,957 5,957	Deferred at year end £ 4,367 4,367 2023 £ 5,957 Deferred at year end £ 5,957 5,957

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

10 Tangible fixed assets

*Current Year* Cost At 1 June 2023 Additions Disposals At 31 May 2024 Depreciation At 1 June 2023 Charge for the year On disposals - At 31 May 2024 Net book value At 31 May 2024 At 31 May 2023 *Prior Year* Cost 01 June 2022 Additions 01 June 2023 Depreciation 01 June 2022 Charge for the year 01 June 2023 Net book value 01 June 2023 01 June 2022	Plant & Machinery £ 125,947 34,985 (119,341) 41,591 120,098 10,398 (117,207) 13,289 28,302 5,849 Plant & Machinery £ 124,298 1,649 125,947 110,546 9,552 120,098 5,849 13,752	Short leasehold alterations £ 49,880 - - 49,880 49,540 340 - 49,880 - 340 Short leasehold alterations £ 49,880 - 49,880 48,215 1,325 49,540 340 1,665	Total £ 175,827 34,985 (119,341) 91,471 169,638 10,738 (117,207) 63,169 28,302 6,189 Total £ 174,178 1,649 175,827 158,761 10,877 169,638 6,189 15,417

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

11 Debtors Trade debtors Prepayments and accrued income 12 Creditors: amounts falling due within one year Trade creditors Accruals Deferred Income - Unrestricted & designated funds PAYE, NIC VAT and other taxes Other creditors 13 Financial commitments under operating leases At the year end the charity had annual commitments under non-cancellable Operating leases which expire: within one year within two to five years 14 Income and Expenditure account summary At 1 June 2023 Surplus after tax for the year At 31 May 2024 15 Particulars of how particular funds are represented by assets and liabilities At 31 May 2024 Unrestricted Designated funds funds £ £ Tangible Fixed Assets 9,473 - Current Assets 132,750 14,636 Current Liabilities (14,592) - 127,631 14,636 At 1 June 2023 Unrestricted Designated funds funds £ £ Tangible Fixed Assets 6,189 - Current Assets 212,425 14,636 Current Liabilities (20,621) - 197,993 14,636	2024 £ 2,145 22,921 25,066 2024 £ 20,546 3,803 4,367 1,985 790 31,491 2024 £ 31,200 10,400 41,600 2024 £ 245,459 (62,639) 182,820 Restricted funds £ 18,829 38,623 (16,899) 40,553 Restricted funds £ - 32,830 - 32,830	2023 £ 4,418 13,104 17,522 2023 £ 5,846 6,801 5,957 569 1,448 20,621 2023 £ 31,200 10,400 41,600 2023 £ 207,938 37,521 245,459 Total Funds £ 28,302 186,009 (31,491) 182,820 Total Funds £ 6,189 259,891 (20,621) 245,459

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

16 Change in total funds over the year as shown in Note 15 , analysed by individual funds

*Unrestricted and designated funds:-* Unrestricted Revenue Funds Designated Revenue Funds Total unrestricted and designated funds *Restricted funds:-* National Lottery National Lottery - awards for all Postcode Lottery Community trust fund Total restricted funds Total charity funds	Funds brought forward from 2023 £ 197,993 14,636 212,629 32,830 - - - 32,830 245,459	Movement in funds in 2024 See Note 17 £ (70,362) - (70,362) (32,830) 20,000 18,303 2,250 7,723 (62,639)	£ - - - - - - - - - Transfers between funds in 2024	Funds carried forward to 2025 £ 127,631 14,636 142,267 - 20,000 18,303 2,250 40,553 182,820

Change in total funds over the year as shown in Note 15,analysed by individual funds - prior year

*Unrestricted and designated funds:-* Unrestricted Revenue Funds Designated Revenue Funds Total unrestricted and designated funds *Restricted funds:-* National Lottery Total restricted funds Total charity funds	Funds brought forward from 2021 £ 177,807 14,636 192,443 15,495 15,495 207,938	Movement in funds in 2022 See Note 17 £ 20,186 - 20,186 17,335 17,335 37,521	£ - - - - - - Transfers between funds in 2022	Funds carried forward to 2023 £ 197,993 14,636 212,629 32,830 32,830 245,459

Jump Space Limited

Notes to the Accounts for the year ended 31 May 2024

17 Analysis of movements in funds over the year as shown in Note 16

*Unrestricted and designated funds:-* Unrestricted Revenue Funds *Restricted funds:-* National Lottery National Lottery - awards for all Postcode Lottery Community trust fund	Income 2024 £ 163,721 - 20,000 24,595 3,000 211,316	Expenditure 2024 £ (234,083) (32,830) - (6,292) (750) (273,955)	Other Gains & Losses 2024 £ - - - - - -	Movement in funds 2024 £ (70,362) (32,830) 20,000 18,303 2,250 (62,639)

18 The purposes for which the funds as detailed in note 16 are held by the charity are:-

Unrestricted and designated funds:-

Unrestricted Revenue Funds

Designated Revenue Funds

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.

Management have allocated the valueof specialist equipment to a designated fund, to ensure that the Charity can replace this essential equipment.

Restricted funds:-

Grant funding for project Jump Space up and away

National Lottery Funding towards fitout Awards for all Funding towards fitout Postcode Lottery Funding towards fitout Community trust fund

19 Ultimate controlling party

The charity is under the control of its legal members.

Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.