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Company Registration No. 09973758 (England and Wales)
ORTHMED LTD Unaudited accounts for the year ended 31 January 2023
ORTHMED LTD Unaudited accounts Contents
Page
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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
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ORTHMED LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,730 
5,769 
Current assets
Debtors
34 
20,205 
Cash at bank and in hand
16,344 
55,603 
16,378 
75,808 
Creditors: amounts falling due within one year
(3,492)
(52,656)
Net current assets
12,886 
23,152 
Net assets
17,616 
28,921 
Capital and reserves
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
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ORTHMED LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 January 2023
1,420 
3,310 
4,730 
At 31 January 2022
1,732 
4,037 
5,769 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
20,205 
Other debtors
34 
- 
34 
20,205 
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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 
Other creditors
- 
908 
Loans from directors
- 
36,690 
3,492 
52,656 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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