REGISTERED NUMBER: OC443957 (England and Wales)

Report of the Members and

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

JOLT LAB LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Statement of Financial Position

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

P J E Guerin

E Vucko

REGISTERED OFFICE:

27 Old Gloucester Street

London

WC1N 3AX

REGISTERED NUMBER:

OC443957 (England and Wales)

ACCOUNTANTS:

TC Group

3rd Floor, Suffolk House

George Street

Croydon

CR0 0YN

The members present their report with the financial statements of the LLP for the year ended 31st December 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of the sale of muscle recovery and performance products.

DESIGNATED MEMBERS

The designated members during the year under review were:

P J E Guerin

E Vucko

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £85,729 (2024 - £61,806 profit).

MEMBERS' INTERESTS

Shares in the LLP shall be acquired in the proportion of the equity capital contributions (net of drawings) made by any member. Under the terms of the partnership agreement capital contributions may not be repaid unless certain stipulations are met.

Non-capital amounts may be introduced or withdrawn as loans at the agreement of the members.

The designated members may not call for the members to contribute any further capital in the event of the insolvency of the LLP.

There have been no transfers between equity and debt during the period (31.12.24 - none).

ON BEHALF OF THE MEMBERS:

P J E Guerin - Designated member

23rd September 2026

TURNOVER

13,200,221

3,057,513

Cost of sales

(5,418,457

)

(1,376,708

)

GROSS PROFIT

7,781,764

1,680,805

Administrative expenses

(7,877,006

)

(1,618,999

)

(95,242

)

61,806

Other operating income

9,513

-

OPERATING (LOSS)/PROFIT and

(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

(85,729

)

61,806

(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

(85,729

)

61,806

Members' remuneration charged as an expense

4

85,729

(61,806

)

PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

-

-

CURRENT ASSETS

Stocks

6

2,226,391

894,904

Debtors

7

980,404

704,800

Cash at bank

2,601,199

743,016

5,807,994

2,342,720

CREDITORS

Amounts falling due within one year

8

5,807,994

2,280,914

NET CURRENT ASSETS

-

61,806

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

-

61,806

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

-

61,806

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

-

61,806

Amounts due from members

7

(23,923

)

-

(23,923

)

61,806

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 year ended 31st December 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.

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

The financial statements were approved by the members of the LLP and authorised for issue on 23rd September 2026 and were signed by:

P J E Guerin - Designated member

1.	STATUTORY INFORMATION

Jolt Lab 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.

Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received.

Financial assets that are measured at cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Where financial assets are found to be impaired, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate of their fair value, which is an approximation of the amount that the LLP would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	INFORMATION IN RELATION TO MEMBERS

Period

1.10.23

Year Ended

to

31.12.25

31.12.24

as restated

£

£

Members' remuneration charged as an expense

Automatic division of (loss)/profit

(85,729

)

61,806

5.	PRIOR YEAR ADJUSTMENTS

The comparative amounts in the prior period as presented have been restated as detailed below:

Previously reported

Adjustments

As restated

Turnover

3,708,155

(650,642

)

3,057,513

Cost of Sales

(1,295,456

)

(81,252

)

(1,376,708

)

Administrative expenses

(776,555

)

(842,444

)

(1,618,999

)

Profit

1,636,144

(1,574,338

)

61,806

Stock

1,595,110

(700,206

)

894,904

Debtors

485,461

219,339

704,800

Cash

1,210,533

(467,517

)

743,016

Creditors due within 1 year

(58,106

)

(2,222,808

)

(2,280,914

)

Net assets

3,232,998

(3,171,192

)

61,806

Members' balances

3,232,998

(3,171,192

)

61,806

A prior year adjustment has been made to rectify the recognition of duplicated transactions and previously unreconciled transactions, as well as the valuations of assets and liabilities at the period end.

6.

STOCKS

31.12.25

31.12.24

as restated

£

£

Finished goods

2,226,391

894,904

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

as restated

£

£

Trade debtors

177,271

42,394

Amounts due from members

23,923

-

Other debtors

779,210

662,406

980,404

704,800

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

as restated

£

£

VAT

822,243

-

Other creditors

4,683,446

2,163,758

Accruals and deferred income

302,305

117,156

5,807,994

2,280,914

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans due to members are subordinated to unsecured creditors. Other debts due to members rank pari passu with unsecured creditors. No protection is offered by members to creditors in excess of capital or loans already contributed to the LLP.

10.	RELATED PARTY DISCLOSURES

During the year, the LLP paid £4,058,526 (2024: £1,537,421) to OTG SL, a company owned by P Guerin, in relation to management costs incurred.

At the year end, the LLP owed OTG SL £4,683,446 (2024: £2,163,758).