IRIS Accounts Production v23.3.0.418 07509382 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false true false 3886 3339 3978 7019 92 206 3886 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075093822022-01-31075093822023-01-31075093822022-02-012023-01-31075093822021-01-31075093822021-02-012022-01-31075093822022-01-3107509382ns10:Originalns15:EnglandWales2022-02-012023-01-3107509382ns14:PoundSterlingns10:Original2022-02-012023-01-3107509382ns10:Originalns10:Director12022-02-012023-01-3107509382ns10:Original2022-02-012023-01-3107509382ns10:Original2023-01-3107509382ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3107509382ns10:Originalns10:SmallEntities2022-02-012023-01-3107509382ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3107509382ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3107509382ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3107509382ns10:Originalns10:FullAccounts2022-02-012023-01-3107509382ns10:Original42ns10:Director22022-01-3107509382ns10:Original42ns10:Director22022-02-012023-01-3107509382ns10:Original42ns10:Director22021-02-012022-01-3107509382ns10:Original42ns10:Director22023-01-3107509382ns10:Original42ns10:Director22022-01-3107509382ns10:Originalns10:Director22022-02-012023-01-3107509382ns10:Originalns10:RegisteredOffice2022-02-012023-01-3107509382ns10:Original2022-01-3107509382ns10:Originalns5:CurrentFinancialInstruments2023-01-3107509382ns10:Originalns5:CurrentFinancialInstruments2022-01-3107509382ns10:Originalns5:Non-currentFinancialInstruments2023-01-3107509382ns10:Originalns5:Non-currentFinancialInstruments2022-01-3107509382ns5:ShareCapitalns10:Original2023-01-3107509382ns5:ShareCapitalns10:Original2022-01-3107509382ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3107509382ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3107509382ns10:Originalns5:PlantMachinery2022-02-012023-01-3107509382ns10:Original2021-02-012022-01-3107509382ns10:Originalns5:PlantMachinery2022-01-3107509382ns10:Originalns5:PlantMachinery2023-01-3107509382ns10:Originalns5:CostValuation2022-01-3107509382ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3107509382ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-3107509382ns10:Original1ns10:Director12022-01-3107509382ns10:Original1ns10:Director12021-01-3107509382ns10:Original1ns10:Director12022-02-012023-01-3107509382ns10:Original1ns10:Director12021-02-012022-01-3107509382ns10:Original1ns10:Director12023-01-3107509382ns10:Original1ns10:Director12022-01-31
REGISTERED NUMBER: 07509382 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st January 2023

for

UPPER LIMB ORTHOPAEDICS LIMITED

UPPER LIMB ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 07509382)






Contents of the Financial Statements
for the Year Ended 31st January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UPPER LIMB ORTHOPAEDICS LIMITED

Company Information
for the Year Ended 31st January 2023







DIRECTORS: S Boyle
Mrs H Pentelow-Boyle





REGISTERED OFFICE: 89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ





REGISTERED NUMBER: 07509382 (England and Wales)





ACCOUNTANTS: Graham Martin & Co
Accountants
89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ

UPPER LIMB ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 07509382)

Balance Sheet
31st January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,006 -
Investments 5 20,000 20,000
21,006 20,000

CURRENT ASSETS
Debtors 6 193,705 102,334
Cash at bank 55,340 162,012
249,045 264,346
CREDITORS
Amounts falling due within one year 7 58,148 68,837
NET CURRENT ASSETS 190,897 195,509
TOTAL ASSETS LESS CURRENT
LIABILITIES

211,903

215,509

CREDITORS
Amounts falling due after more than one
year

8

(24,167

)

(34,167

)

PROVISIONS FOR LIABILITIES (252 ) -
NET ASSETS 187,484 181,342

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 187,384 181,242
SHAREHOLDERS' FUNDS 187,484 181,342

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

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

The directors acknowledge their 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.

UPPER LIMB ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 07509382)

Balance Sheet - continued
31st January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th October 2023 and were signed on its behalf by:





S Boyle - Director


UPPER LIMB ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 07509382)

Notes to the Financial Statements
for the Year Ended 31st January 2023

1. STATUTORY INFORMATION

Upper Limb Orthopaedics Limited 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 etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 tax
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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

UPPER LIMB ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 07509382)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2022 6,174
Additions 1,509
At 31st January 2023 7,683
DEPRECIATION
At 1st February 2022 6,174
Charge for year 503
At 31st January 2023 6,677
NET BOOK VALUE
At 31st January 2023 1,006

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st February 2022
and 31st January 2023 20,000
NET BOOK VALUE
At 31st January 2023 20,000
At 31st January 2022 20,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 32,732 35,334
Other debtors 160,973 67,000
193,705 102,334

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,001 10,000
Trade creditors 528 499
Taxation and social security 42,475 50,672
Other creditors 5,144 7,666
58,148 68,837

UPPER LIMB ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 07509382)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 24,167 34,167

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2023 and 31st January 2022:

2023 2022
£    £   
S Boyle and Mrs H Pentelow-Boyle
Balance outstanding at start of year 3,886 -
Amounts advanced 3,339 3,978
Amounts repaid (7,019 ) (92 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 206 3,886

10. RELATED PARTY DISCLOSURES

During the year the company loaned £93,973 to SFT Property Ltd, a company under common control. At the balance sheet date, an amount of £93,973 was owed to the company. The loan is unsecured and interest free.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Boyle.