Abbreviated Company Accounts - ABDULLA LOCUM SERVICES LIMITED

ABDULLA LOCUM SERVICES LIMITED Registered Number 07098830

Abbreviated Balance Sheet as at 31 December 2012

	Notes	2012	2011
		£	£
Fixed assets
Tangible assets	2	387	350
		387	350
Current assets
Debtors		2,214	2,590
Cash at bank and in hand		481	2,711
		2,695	5,301
Creditors: amounts falling due within one year		(3,038)	(4,787)
Net current assets (liabilities)		(343)	514
Total assets less current liabilities		44	864
Total net assets (liabilities)		44	864
Capital and reserves
Called up share capital		100	100
Profit and loss account		(56)	764
Shareholders' funds		44	864

For the year ending 31 December 2012 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 September 2013

And signed on their behalf by:
Dr Mohamed Shaheen Anodiyil, Director

ABDULLA LOCUM SERVICES LIMITED Registered Number 07098830

Notes to the Abbreviated Accounts for the period ended 31 December 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where transactions or events that result in an obligation to pay more or a right to pay less tax in the future have occurred by the balance sheet date with certain limited exceptions. Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws enacted at the balance sheet date.

Going concern
The director confirm that the company ceased trading on 15 September 2012. The director feels it is inappropriate to prepare the financial statements on a going concern basis. The financial statements have been prepared on a break up basis and the assets have therefore been valued at director estimates of recoverability and/or creditors have been included at their full value.

2Tangible fixed assets

	£
Cost
At 1 January 2012	600
Additions	250
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2012	850
Depreciation
At 1 January 2012	250
Charge for the year	213
On disposals	-
At 31 December 2012	463
Net book values
At 31 December 2012	387
At 31 December 2011	350

3Transactions with directors

Name of director receiving advance or credit:	Dr Mohamed Shaheen Anodiyil
Description of the transaction:	Advances to director
Balance at 1 January 2012:	-
Advances or credits made:	£ 23,167
Advances or credits repaid:	£ 20,953
Balance at 31 December 2012:	£ 2,214

Included in other debtors is a director's loan balance with Dr. Mohamed Shaheen Anodiyil. During the year Dr. Mohamed Shaheen Anodiyil introduced £20,449 (including undrawn dividends) into the business and withdrew £23,167. The balance owed by the director at the end of the year was £2,214 (2011:£504 owed by the company). The loan is unsecured, interest free and repayable on demand.