IRIS Accounts Production v25.4.0.155 OC452948 designated member 5.7.24 5.4.25 5.4.25 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC452948 2024-07-04 OC452948 2025-04-05 OC452948 2024-07-05 2025-04-05 OC452948 2024-07-04 OC452948 ns15:EnglandWales 2024-07-05 2025-04-05 OC452948 ns14:PoundSterling 2024-07-05 2025-04-05 OC452948 ns10:PartnerLLP1 2024-07-05 2025-04-05 OC452948 ns10:LimitedLiabilityPartnershipLLP 2024-07-05 2025-04-05 OC452948 ns10:SmallEntities 2024-07-05 2025-04-05 OC452948 ns10:AuditExempt-NoAccountantsReport 2024-07-05 2025-04-05 OC452948 ns10:SmallCompaniesRegimeForAccounts 2024-07-05 2025-04-05 OC452948 ns10:LimitedLiabilityPartnershipsSORP 2024-07-05 2025-04-05 OC452948 ns10:FullAccounts 2024-07-05 2025-04-05 OC452948 ns10:PartnerLLP2 2024-07-05 2025-04-05 OC452948 ns10:RegisteredOffice 2024-07-05 2025-04-05 OC452948 ns5:CurrentFinancialInstruments 2025-04-05 OC452948 ns5:AdditionsToInvestments 2025-04-05 OC452948 ns5:DisposalsRepaymentsInvestments 2025-04-05 OC452948 ns5:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-04-05 OC452948 ns5:CostValuation 2025-04-05

REGISTERED NUMBER: OC452948 (England and Wales)

| Unaudited Financial Statements |

| for the Period 5 July 2024 to 5 April 2025 |

| for |

| Josalo LLP |

Josalo LLP (Registered number: OC452948)

Contents of the Financial Statements

for the Period 5 July 2024 to 5 April 2025

Page |

General Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Josalo LLP

General Information

for the Period 5 July 2024 to 5 April 2025

| DESIGNATED MEMBERS: | P P Rock

| Mrs E Rock

| REGISTERED OFFICE: | 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

| REGISTERED NUMBER: | OC452948 (England and Wales)

| ACCOUNTANTS: | APT

| 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

Josalo LLP (Registered number: OC452948)

Balance Sheet

5 April 2025

| Notes | £ | £ |

| FIXED ASSETS

| Investments | 4 | 3,668,967 |  |

| CURRENT ASSETS

| Debtors | 419,273 |  |  |

| Cash at bank | 595,058 |  |  |

1,014,331 |  |

| CREDITORS

| Amounts falling due within one year | 5 | 2,340 |  |

| NET CURRENT ASSETS | 1,011,991 |  |

| TOTAL ASSETS LESS CURRENT LIABILITIES

| and

| NET ASSETS ATTRIBUTABLE TO MEMBERS | 4,680,958 |  |

| LOANS AND OTHER DEBTS DUE TO MEMBERS | - |  |

| MEMBERS' OTHER INTERESTS

| Capital accounts | 4,680,958 |  |

4,680,958 |  |

| TOTAL MEMBERS' INTERESTS

| Members' other interests | 4,680,958 |  |

| Amounts due from members | (419,273 | ) |

4,261,685 |  |

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 5 April 2025.

The members acknowledge their responsibilities for:

(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Josalo LLP (Registered number: OC452948)

Balance Sheet - continued

5 April 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 2 December 2025 and were signed by:

P P Rock - Designated member

Josalo LLP (Registered number: OC452948)

Notes to the Financial Statements

for the Period 5 July 2024 to 5 April 2025

1. | STATUTORY INFORMATION

| Josalo LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated

| Turnover

| Turnover represent investment income receivable in the accounting period.

| Going concern

| After reviewing the LLP's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

| Investments

| Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate deficit or surplus arising from changes in fair value is recognised through profit and loss.

| Other income

| Interest income is recognised when the right to receive payment is established.

| Dividend income is recognised when the right to receive payment is established.

3. | EMPLOYEE INFORMATION

| The average number of employees during the period was NIL.

4. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST OR VALUATION

| Additions | 7,009,008 |  |

| Disposals | (3,066,327 | ) |

| Impairments | (273,714 | ) |

| At 5 April 2025 | 3,668,967 |  |

| NET BOOK VALUE

| At 5 April 2025 | 3,668,967 |  |

Josalo LLP (Registered number: OC452948)

Notes to the Financial Statements - continued

for the Period 5 July 2024 to 5 April 2025

4. | FIXED ASSET INVESTMENTS - continued

| Cost or valuation at 5 April 2025 is represented by:

| Other

| investments

£ |

| Valuation in 2025 | (273,714 | ) |

| Cost | 3,942,681 |  |

3,668,967 |  |

| If fixed asset investments had not been revalued/impaired, they would have been included at an historical cost of £3,942,681. Fixed asset investments were valued on an open market basis on 5 April 2025.

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Other creditors | 2,340 |  |

6. | RELATED PARTY DISCLOSURES

| During the period, the members introduced £4,680,958 of securities into the LLP.