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REGISTERED NUMBER: 04472719 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

LOCUM PLACEMENT GROUP LTD

LOCUM PLACEMENT GROUP LTD (REGISTERED NUMBER: 04472719)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LOCUM PLACEMENT GROUP LTD

Company Information
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: Mr A Choroomi





REGISTERED OFFICE: 1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ





REGISTERED NUMBER: 04472719 (England and Wales)





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

LOCUM PLACEMENT GROUP LTD (REGISTERED NUMBER: 04472719)

Balance Sheet
31 JULY 2023

31.7.23 31.7.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,625 7,022

CURRENT ASSETS
Debtors 5 2,673,938 2,327,883
Prepayments and accrued income 87 87
Cash at bank and in hand 92,692 44,751
2,766,717 2,372,721
CREDITORS
Amounts falling due within one year 6 (1,913,137 ) (1,493,407 )
NET CURRENT ASSETS 853,580 879,314
TOTAL ASSETS LESS CURRENT
LIABILITIES

859,205

886,336

CREDITORS
Amounts falling due after more than one
year

7

1,500

1,500

PROVISIONS FOR LIABILITIES 267,701 267,943

CAPITAL AND RESERVES
Called up share capital 8 5,000 5,000
Retained earnings 585,004 611,893
SHAREHOLDERS' FUNDS 590,004 616,893
859,205 886,336

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LOCUM PLACEMENT GROUP LTD (REGISTERED NUMBER: 04472719)

Balance Sheet - continued
31 JULY 2023


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

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 and authorised for issue on 30 July 2024 and were signed by:





Mr A Choroomi - Director


LOCUM PLACEMENT GROUP LTD (REGISTERED NUMBER: 04472719)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Locum Placement Group Ltd is a private company, limited by shares , registered in England and Wales. 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 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 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022
and 31 July 2023 53,251 6,143 17,971 1,021 78,386
DEPRECIATION
At 1 August 2022 47,020 5,799 17,786 759 71,364
Charge for year 1,246 51 47 53 1,397
At 31 July 2023 48,266 5,850 17,833 812 72,761
NET BOOK VALUE
At 31 July 2023 4,985 293 138 209 5,625
At 31 July 2022 6,231 344 185 262 7,022

LOCUM PLACEMENT GROUP LTD (REGISTERED NUMBER: 04472719)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 526,993 232,438
Amounts owed by participating interests 2,143,945 2,093,945
Other debtors 3,000 1,500
2,673,938 2,327,883

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 159,800 92,942
Taxation and social security 170,601 63,960
Other creditors 1,582,736 1,336,505
1,913,137 1,493,407

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Other creditors 1,500 1,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
5,000 Ordinary £1 5,000 5,000

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 (2022 - £30,000) were paid to the director .