Jolso Limited 30/09/2025 iXBRL

Company registration number: 03981915

Jolso Limited

Trading as Jo Anderson of Hexham

Unaudited abridged financial statements

30 September 2025

Jolso Limited

Contents

Directors and other information

Directors report

Accountants report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Jolso Limited

Directors and other information


	Directors	Mr John Anderson
		Mrs Joanne Anderson


	Secretary	Mrs J Anderson


	Company number	03981915


	Registered office	1B Pudding Mews
		Hexham
		Northumberland
		NE46 3SW


	Business address	1B Pudding Mews
		Hexham
		Northumberland
		NE46 3SW


	Accountants	T R Dixon & Co Ltd
		Chartered Certified Accountants
		Statutory Auditors
		Bermuda House
		1A Dinsdale Place
		Newcastle upon Tyne
		NE2 1BD

Jolso Limited

Directors report

Year ended 30 September 2025

The directors present their report and the unaudited financial statements of the company for the year ended 30 September 2025.

Directors

The directors who served the company during the year were as follows:

Mr John Anderson

Mrs Joanne Anderson

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 25 June 2026 and signed on behalf of the board by:

Mr John Anderson

Director

Jolso Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Jolso Limited

Year ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jolso Limited for the year ended 30 September 2025 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements.

This report is made solely to the board of directors of Jolso Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Jolso Limited and state those matters that we have agreed to state to the board of directors of Jolso Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jolso Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Jolso Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jolso Limited. You consider that Jolso Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jolso Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

T R Dixon & Co Ltd

Chartered Certified Accountants

Statutory Auditors

Bermuda House

1A Dinsdale Place

Newcastle upon Tyne

NE2 1BD

25 June 2026

Jolso Limited

Abridged statement of comprehensive income

Year ended 30 September 2025

		2025	2024
	Note	£	£

Gross profit		95,215	106,670

Administrative expenses		( 69,446)	( 86,273)
		_______	_______
Operating profit		25,769	20,397

Other interest receivable and similar income		-	830
Interest payable and similar expenses		( 286)	( 259)
		_______	_______
Profit before taxation	5	25,483	20,968

Tax on profit		( 4,911)	( 4,035)
		_______	_______
Profit for the financial year and total comprehensive income		20,572	16,933
		_______	_______

All the activities of the company are from continuing operations.

Jolso Limited

Abridged statement of financial position

30 September 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	6	30,000		30,000
Tangible assets	7	1,666		2,642
		_______		_______
			31,666		32,642

Current assets
Stocks		1,048		818
Debtors		447		6,558
Cash at bank and in hand		33,971		24,296
		_______		_______
		35,466		31,672
Creditors: amounts falling due
within one year		( 25,044)		( 26,631)
		_______		_______
Net current assets			10,422		5,041
			_______		_______
Total assets less current liabilities			42,088		37,683

Creditors: amounts falling due
after more than one year			-		( 2,667)
			_______		_______
Net assets			42,088		35,016
			_______		_______

Capital and reserves
Called up share capital			35,000		35,000
Profit and loss account			7,088		16
			_______		_______
Shareholders funds			42,088		35,016
			_______		_______

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 25 June 2026 , and are signed on behalf of the board by:

Mr John Anderson

Director

Company registration number: 03981915

Jolso Limited

Statement of changes in equity

Year ended 30 September 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 October 2023	35,000	633	35,633

Profit for the year		16,933	16,933
	_______	_______	_______
Total comprehensive income for the year	-	16,933	16,933

Dividends paid and payable		( 17,550)	( 17,550)
	_______	_______	_______
Total investments by and distributions to owners	-	( 17,550)	( 17,550)

	_______	_______	_______
At 30 September 2024 and 1 October 2024	35,000	16	35,016

Profit for the year		20,572	20,572
	_______	_______	_______
Total comprehensive income for the year	-	20,572	20,572

Dividends paid and payable		( 13,500)	( 13,500)
	_______	_______	_______
Total investments by and distributions to owners	-	( 13,500)	( 13,500)

	_______	_______	_______
At 30 September 2025	35,000	7,088	42,088
	_______	_______	_______

Jolso Limited

Notes to the financial statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Jolso Limited, 1B Pudding Mews, Hexham, Northumberland, NE46 3SW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

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.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

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.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	976	976
	_______	_______

6. Intangible assets


		£
	Cost
	At 1 October 2024 and 30 September 2025	30,000
		_______
	Amortisation
	At 1 October 2024 and 30 September 2025	-
		_______
	Carrying amount
	At 30 September 2025	30,000
		_______
	At 30 September 2024	30,000
		_______

7. Tangible assets


		£
	Cost
	At 1 October 2024 and 30 September 2025	58,823
		_______
	Depreciation
	At 1 October 2024	56,181
	Charge for the year	976
		_______
	At 30 September 2025	57,157
		_______
	Carrying amount
	At 30 September 2025	1,666
		_______
	At 30 September 2024	2,642
		_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr John Anderson	1,973	15,565	( 20,031)	( 2,493)
	Mrs Joanne Anderson	1,973	15,565	( 20,031)	( 2,493)
		_______	_______	_______	_______
		3,946	31,130	( 40,062)	( 4,986)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr John Anderson	( 1,249)	29,882	( 26,660)	1,973
	Mrs Joanne Anderson	( 1,249)	29,882	( 26,660)	1,973
		_______	_______	_______	_______
		( 2,498)	59,764	( 53,320)	3,946
		_______	_______	_______	_______

9. Going Concern

The financial statements have been prepared on a going concern basis for the year ended 30th September 2025, as after making appropriate enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.