Company registration number: 07407755
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
J S Locum Services Ltd
Pages for filing with the Registrar
Company registration number: 07407755
J S Locum Services Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Goodwill 4 1,565,364 1,785,946
Tangible assets 5 330,919 336,056
Investments 6 5,326,905 4,056,214
7,223,188 6,178,216
Current assets
Stocks 217,669 221,903
Debtors 1,132,449 910,302
Cash at bank and in hand 279,075 395,097
1,629,193 1,527,302
Creditors: amounts falling due within one year
(3,561,526) (2,760,770)
Net current liabilities (1,932,333) (1,233,468)
Total assets less current liabilities 5,290,855 4,944,748
Creditors: Amounts falling due after more than one year
(3,642,859) (3,541,668)
Provisions for liabilities (1,029) (1,609)
NET ASSETS 1,646,967 1,401,471
Capital and reserves
Called up share capital 2 2
Profit and loss account 1,646,965 1,401,469
TOTAL EQUITY 1,646,967 1,401,471
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 07407755
J S Locum Services Ltd
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 6 July 2026 and signed on its behalf by:
Mr J Kaila, Director
6 July 2026
2
J S Locum Services Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
J S Locum Services Ltd is a private company registered in England and Wales. Its registered number is 07407755. The company is limited by shares. Its registered office is 10 Grange Terrace, Sunderland, Tyne and Wear, SR2 7DF. Its principal place of business is 36a Avondale Avenue, Houghton le Spring, Tyne and Wear, DH4 7QS.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Exemption from preparation of consolidated financial statements
The financial statements contain information about J S Locum Services Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Goodwill
Goodwill is being amortised on the following basis: 8.01% reducing balance.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
3
J S Locum Services Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 3.77% reducing balance
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
4
J S Locum Services Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
3 Average number of employees
During the year the average number of employees was 60 (2025 - 55).
4 Goodwill
£
Cost
At 1 April 2025 2,205,856
At 31 March 2026 2,205,856
Amortisation
At 1 April 2025 419,910
Charge for year 220,582
At 31 March 2026 640,492
Net book value
At 31 March 2026 1,565,364
At 31 March 2025 1,785,946
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 April 2025 274,097 224,679 498,776
Additions - 37,470 37,470
Disposals - (19,679) (19,679)
At 31 March 2026 274,097 242,470 516,567
5
J S Locum Services Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Tangible fixed assets - continued
Depreciation
At 1 April 2025 37,786 124,934 162,720
Charge for year 10,353 34,219 44,572
Eliminated on disposal - (21,644) (21,644)
At 31 March 2026 48,139 137,509 185,648
Net book value
At 31 March 2026 225,958 104,961 330,919
At 31 March 2025 236,311 99,745 336,056
6 Fixed asset investments
Investments other than loans
Shares in group undertakings and participating interests




Other investments other than loans


Totals
£ £ £
Cost
At 1 April 2025 3,622,934 433,280 4,056,214
Additions 1,270,691 - 1,270,691
At 31 March 2026 4,893,625 433,280 5,326,905
Net book value
At 31 March 2026 4,893,625 433,280 5,326,905
At 31 March 2025 3,622,934 433,280 4,056,214
7 Financial instruments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction
6