Tulip Locums Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11975756

TULIP LOCUMS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 May 2025

TULIP LOCUMS LIMITED

STATEMENT OF FINANCIAL POSITION

31 May 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		914		1,017

CURRENT ASSETS

Cash at bank and in hand	5,354		4,491

CREDITORS: amounts falling due within one year	6	1,739		1,623
		-------		-------
NET CURRENT ASSETS			3,615		2,868
			-------		-------
TOTAL ASSETS LESS CURRENT LIABILITIES			4,529		3,885
			-------		-------
NET ASSETS			4,529		3,885
			-------		-------

CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Profit and loss account	4,429	3,785
	-------	-------
SHAREHOLDERS FUNDS	4,529	3,885
	-------	-------

These financial statements have been prepared and delivered 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'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 May 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 .

TULIP LOCUMS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 5 January 2026 , and are signed on behalf of the board by:

Dr A Durrani

Director

Company registration number: 11975756

TULIP LOCUMS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MAY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 Cranborne Gardens, Oadby, Leicester, LE2 4EZ.

2. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

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:

	Plant and machinery	-	25% reducing balance

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. TANGIBLE ASSETS

	Plant and machinery
	£
Cost
At 1 June 2024 and 31 May 2025	1,271
	-------
Depreciation
At 1 June 2024	254
Charge for the year	103
	-------
At 31 May 2025	357
	-------
Carrying amount
At 31 May 2025	914
	-------
At 31 May 2024	1,017
	-------

6. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	30	–
Other creditors	1,709	1,623
	-------	-------
	1,739	1,623
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