J I Locum Ltd. - Accounts to registrar (filleted) - small 18.1

J I Locum Ltd. - Accounts to registrar (filleted) - small 18.1

J I LOCUM LTD. - Company Information

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REGISTERED NUMBER: SC308165 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2017

for

J I Locum Ltd.
J I Locum Ltd. (Registered number: SC308165)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J I Locum Ltd.

Company Information
for the Year Ended 30 September 2017







DIRECTOR: Mrs J L Nellis





SECRETARY: Mr I G Nellis





REGISTERED OFFICE: 7 Howieson Avenue
Bo'ness
West Lothian
EH51 9JG





REGISTERED NUMBER: SC308165 (Scotland)





ACCOUNTANTS: Marrs Benson
Chartered Accountants
The Mill
Station Road
Wigton
Cumbria
CA7 9BA
Page 1
J I Locum Ltd. (Registered number: SC308165)

Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,276 3,086

CURRENT ASSETS
Debtors 5 15,692 7,940
Cash at bank 7,871 6,890
23,563 14,830
CREDITORS
Amounts falling due within one year 6 15,063 5,883
NET CURRENT ASSETS 8,500 8,947
TOTAL ASSETS LESS CURRENT
LIABILITIES
24,776
12,033

PROVISIONS FOR LIABILITIES 3,092 617
NET ASSETS 21,684 11,416

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 21,683 11,415
SHAREHOLDERS' FUNDS 21,684 11,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 June 2018 and were signed by:




Mrs J L Nellis - Director


The notes form part of these financial statements

Page 2
J I Locum Ltd. (Registered number: SC308165)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

J I Locum Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number
and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
J I Locum Ltd. (Registered number: SC308165)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2016 - 16,044 1,049 17,093
Additions 13,500 - 1,088 14,588
Disposals - - (1,049 ) (1,049 )
At 30 September 2017 13,500 16,044 1,088 30,632
DEPRECIATION
At 1 October 2016 - 13,315 692 14,007
Charge for year - 682 359 1,041
Eliminated on disposal - - (692 ) (692 )
At 30 September 2017 - 13,997 359 14,356
NET BOOK VALUE
At 30 September 2017 13,500 2,047 729 16,276
At 30 September 2016 - 2,729 357 3,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade debtors - 2,940
Other debtors 15,692 5,000
15,692 7,940

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade creditors 13,000 -
Taxation and social security 1,103 5,106
Other creditors 960 777
15,063 5,883

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 were paid to the director .

At the balance sheet date Mrs J L Nellis, the director, held a loan account with the company. Mrs Nellis owed the
company £15,692 (2016 - £5,000) at the year end date.

Page 4 continued...
J I Locum Ltd. (Registered number: SC308165)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

8. FIRST YEAR ADOPTION

This is the first year that the company has presented it's financial statements under FRS102. The last financial
statements under the previous UK GAAP were for the year ended 30 September 2016. The date of transition to
FRS102 was 1 October 2015.

The accounting policies adopted under the previous UK GAAP were not materially different from those adopted
under FRS102, and consequently profit for the year ended 30 September 2016 and total equity as at 1 October
2015 and 30 September 2016 are the same under FRS102 as they were under previous UK GAAP.

Whilst there has been no impact on the reported result in either the current or previous year, nor on total equity
at, or subsequent to, the date of transition in complying with the requirement of FRS102 and the accounting
policies adopted on transition, certain reclassifications have been made to amounts previously reported.

Page 5