The statement of profit or loss of Jump Ltd for the three-month period ended 31 March 2024 is as shown below. The figures in brackets refer to the notes which follow.

Note 1: Employee costs Note 2: Lease of motor car The lease is in respect of a motor car with emissions of 119g/km.

Note 3: Professional fees Note 4: Other expenses

Plant and machinery

On 1 January 2024, the tax written down values of the plant and machinery of Jump Ltd were as follows:
The following motor cars were sold during the three months to 31 March 2024:
The original cost of motor car (1) was added to the special rate pool when it was purchased and the original cost of motor car (2) was added to the main pool.

Group companies

Jump Ltd owns 80% of the ordinary shares of Hop Ltd and 60% of the ordinary shares of Skip Ltd. Hop Ltd commenced trading on 1 August 2023 and has taxable total profits of £63,000 for the eight-month period to 31 March 2024. Skip Ltd has been trading for many years and has taxable total profits of £56,000 for the year to 31 March 2024.

Required:

(a) Calculate the tax adjusted trading loss of Jump Ltd for the three-month period to 31 March 2024.

(b) Advise Jump Ltd as to the maximum amount of this trading loss that could be surrendered as group relief.