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Registration number: NI719955

JOL Consultancy LTD
trading as JOL Consulting Ltd
Unaudited Filleted Financial Statements
for the Period from 14 August 2024 to 31 August 2025

JOL Consultancy LTD
trading as JOL Consulting Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

JOL Consultancy LTD
trading as JOL Consulting Ltd

Company Information

Director | Mr Joseph O'Lochlainn

Registered office | 17 Whitehall Grange BALLYCASTLE Co. Antrim BT54 6WX

Accountants | DT Carson & Co. 51 - 53 Thomas Street Ballymena Co. Antrim BT43 6AZ

JOL Consultancy LTD
trading as JOL Consulting Ltd

(Registration number: NI719955)
Balance Sheet as at 31 August 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 1,038
Current assets |  |
Debtors | 5 | 10,192
Cash at bank and in hand |  | 55,183
|  | 65,375
Creditors: Amounts falling due within one year | 6 | (39,897)
Net current assets |  | 25,478
Total assets less current liabilities |  | 26,516
Provisions for liabilities |  | (260)
Net assets |  | 26,256
Capital and reserves |  |
Called up share capital | 7 | 2
Retained earnings |  | 26,254
Shareholders' funds |  | 26,256

For the financial period ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 January 2026

......................................... Mr Joseph O'Lochlainn Director

JOL Consultancy LTD
trading as JOL Consulting Ltd

Notes to the Unaudited Financial Statements for the Period from 14 August 2024 to 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
17 Whitehall Grange
BALLYCASTLE
Co. Antrim
BT54 6WX

These financial statements were authorised for issue by the director on 19 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The presentational currency of these financial statements is sterling and amounts have been rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis. The directors have assessed a period of 12 months from the date of approving the financial statements with regard to the appropriateness of the going concern assumption in preparing the financial statements. The directors believe that the company will continue as a going concern and be able to realise its assets and discharge its liabilities in the normal course of business.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

JOL Consultancy LTD
trading as JOL Consulting Ltd

Notes to the Unaudited Financial Statements for the Period from 14 August 2024 to 31 August 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

JOL Consultancy LTD
trading as JOL Consulting Ltd

Notes to the Unaudited Financial Statements for the Period from 14 August 2024 to 31 August 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 2.

4 | Tangible assets

| Other tangible assets £ | Total £
Cost or valuation
Additions | 1,384 | 1,384
At 31 August 2025 | 1,384 | 1,384
Depreciation
Charge for the period | 346 | 346
At 31 August 2025 | 346 | 346
Carrying amount
At 31 August 2025 | 1,038 | 1,038

5 | Debtors

JOL Consultancy LTD
trading as JOL Consulting Ltd

Notes to the Unaudited Financial Statements for the Period from 14 August 2024 to 31 August 2025

Current | 2025 £
Trade debtors | 10,190
Other debtors | 2
| 10,192

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £
Due within one year |
Taxation and social security | 28,187
Accruals and deferred income | 1,150
Other creditors | 10,560
| 39,897

7 | Share capital

Allotted, called up and fully paid shares

| 2025
| No. | £
Ordinary Shares of £1 each | 2 | 2

8 | Parent and ultimate parent undertaking

The ultimate controlling party is Joseph O'Lochlainn & Shannon McCloskey.