Locum Options Ltd
Registered number: | 11646175
Balance Sheet
as at 31 March 2026
Notes |  |  | 2026 |  |  | 2025
£ | £
Current assets
Cash at bank and in hand |  |  | 42,362 |  |  | 36,241
Creditors: amounts falling due within one year | 4 |  | (22,355) |  |  | (21,651)
Net current assets |  |  |  | 20,007 |  |  | 14,590
Total assets less current liabilities |  |  |  | 20,007 |  |  | 14,590
Creditors: amounts falling due after more than one year | 7 |  |  | (11,603) |  |  | (14,384)
Net assets |  |  |  | 8,404 |  |  | 206
Capital and reserves
Called up share capital |  |  |  | 1 |  |  | 1
Profit and loss account |  |  |  | 8,403 |  |  | 205
Shareholder's funds |  |  |  | 8,404 |  |  | 206
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Thomas Parsons
Director
Approved by the board on 26 May 2026

Locum Options Ltd
Notes to the Accounts
for the year ended 31 March 2026
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | over 5 years
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 | Employees | 2026 |  | 2025
Number | Number
| Average number of persons employed by the company | 1 |  | 1
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Plant & machinery
£
| Cost
| At 1 April 2025 | 1,357
| At 31 March 2026 | 1,357
| Depreciation
| At 1 April 2025 | 1,357
| At 31 March 2026 | 1,357
| Net book value
| At 31 March 2026 | -
4 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Corporation tax | 46,138 |  | 9,416
| Accruals |  |  |  |  | 1,014 |  | 1,095
| Director's account |  |  |  |  | (24,797) |  | 11,140
|  |  |  |  |  | 22,355 |  | 21,651
5 | Profit and loss account | 2026
£
| At 1 April 2025 | 205
| Profit for the year | 142,198
| Dividends | (134,000)
| At 31 March 2026 | 8,403
6 | Dividends | 2026
£
| Dividends for which the company became liable during the year:
| Dividends paid | 134,000
|  |  |  |  |  | 134,000
7 | Creditors: amounts falling due after one year | 2026 |  | 2025
£ | £
| Bank loans | (5,601) |  | (2,820)
| Other Loans | 17,204 |  | 17,204
|  |  |  |  |  | 11,603 |  | 14,384
8 | Related party transactions
| Included within the creditors at the year end is £24,797 (2024: (£11,140)) owed to Thomas Parsons, the company director. During the period the company paid £195,450 of expenses on behalf of the director and the director introduced £159,513.
9 | Controlling party
| The ultimate controlling party is the director and sole shareholder Thomas Parsons.
10 | Other information
| Locum Options Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| 83 Highfield South
| Birkenhead
| Merseyside
| CH42 4ND

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