JOLSO LIMITED

Company Registration Number:
03981915 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

JOLSO LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

JOLSO LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 30,000 30,000
Tangible assets: 4 2,642 3,307
Investments:   0 0
Total fixed assets: 32,642 33,307
Current assets
Stocks: 818 1,571
Debtors:   6,558 650
Cash at bank and in hand: 24,296 36,078
Investments:   0 0
Total current assets: 31,672 38,299
Creditors: amounts falling due within one year:   (26,631) (29,306)
Net current assets (liabilities): 5,041 8,993
Total assets less current liabilities: 37,683 42,300
Creditors: amounts falling due after more than one year:   (2,667) (6,667)
Provision for liabilities: 0 0
Total net assets (liabilities): 35,016 35,633
Capital and reserves
Called up share capital: 35,000 35,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 16 633
Shareholders funds: 35,016 35,633

The notes form part of these financial statements

JOLSO LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 February 2025
and signed on behalf of the board by:

Name: John Anderson
Status: Director

The notes form part of these financial statements

JOLSO LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings fixtures and equipment - 15% straight line If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

JOLSO LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 5 6

JOLSO LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Intangible Assets

Total
Cost £
At 01 October 2023 30,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 September 2024 30,000
Amortisation
At 01 October 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 30 September 2024 0
Net book value
At 30 September 2024 30,000
At 30 September 2023 30,000

JOLSO LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 58,512
Additions 311
Disposals 0
Revaluations 0
Transfers 0
At 30 September 2024 58,823
Depreciation
At 01 October 2023 55,205
Charge for year 976
On disposals 0
Other adjustments 0
At 30 September 2024 56,181
Net book value
At 30 September 2024 2,642
At 30 September 2023 3,307