Company Registration No. 09973758 (England and Wales)
ORTHMED LTD
Unaudited accounts
for the year ended 31 January 2023
ORTHMED LTD
Unaudited accounts
Contents
ORTHMED LTD
Company Information
for the year ended 31 January 2023
Directors
Monika Roma Redman
Gavin Charles Lofthouse
Company Number
09973758 (England and Wales)
Registered Office
13 Larch Walk
Swanley
BR8 7SZ
England
Accountants
SMART ACCOUNTING (NW) LTD
239 RIBBLETON LANE
PRESTON
PR1 5EA
ORTHMED LTD
Statement of financial position
as at 31 January 2023
Tangible assets
4,730
5,769
Cash at bank and in hand
16,344
55,603
Creditors: amounts falling due within one year
(3,492)
(52,656)
Net current assets
12,886
23,152
Called up share capital
1
1
Profit and loss account
17,615
28,920
Shareholders' funds
17,616
28,921
For the year ending 31 January 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2023 and were signed on its behalf by
Monika Roma Redman
Director
Company Registration No. 09973758
ORTHMED LTD
Notes to the Accounts
for the year ended 31 January 2023
ORTHMED LTD is a private company, limited by shares, registered in England and Wales, registration number 09973758. The registered office is 13 Larch Walk, Swanley, BR8 7SZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% on WDV
Computer equipment
18% on WDV
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
4,845
5,872
10,717
At 31 January 2023
4,845
5,872
10,717
At 1 February 2022
3,113
1,835
4,948
Charge for the year
312
727
1,039
At 31 January 2023
3,425
2,562
5,987
At 31 January 2023
1,420
3,310
4,730
At 31 January 2022
1,732
4,037
5,769
Amounts falling due within one year
ORTHMED LTD
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,492
15,058
Loans from directors
-
36,690
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).