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REGISTERED NUMBER: 07583325 (England and Wales)















Musculoskeletal Imaging Limited

Financial Statements for the Year Ended 31st March 2023






Musculoskeletal Imaging Limited (Registered number: 07583325)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Musculoskeletal Imaging Limited

Company Information
for the Year Ended 31st March 2023







DIRECTORS: L J King
H G King





REGISTERED OFFICE: 2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT





REGISTERED NUMBER: 07583325 (England and Wales)





ACCOUNTANTS: Sheen Stickland
Chartered Accountants
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT

Musculoskeletal Imaging Limited (Registered number: 07583325)

Balance Sheet
31st March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 332 1,050

CURRENT ASSETS
Debtors 5 28,267 16,145
Cash at bank 191,492 157,933
219,759 174,078
CREDITORS
Amounts falling due within one year 6 (48,891 ) (40,622 )
NET CURRENT ASSETS 170,868 133,456
TOTAL ASSETS LESS CURRENT
LIABILITIES

171,200

134,506

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings 171,000 134,306
SHAREHOLDERS' FUNDS 171,200 134,506

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

Musculoskeletal Imaging Limited (Registered number: 07583325)

Balance Sheet - continued
31st March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th November 2023 and were signed on its behalf by:





L J King - Director


Musculoskeletal Imaging Limited (Registered number: 07583325)

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


1. STATEMENT OF COMPLIANCE

Musculoskeletal Imaging Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 2 Oriel Court, Omega Park, Alton, GU34 2YT. The registration number is 07583325.

The financial statements are presented in sterling, which is the functional currency of the company and rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. 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.

3. EMPLOYEES AND DIRECTORS

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

Musculoskeletal Imaging Limited (Registered number: 07583325)

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


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st April 2022
and 31st March 2023 4,275
DEPRECIATION
At 1st April 2022 3,225
Charge for year 718
At 31st March 2023 3,943
NET BOOK VALUE
At 31st March 2023 332
At 31st March 2022 1,050

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 356 266
Directors' current accounts 3,115 -
Prepayments 3,662 3,375
Accrued income 21,134 12,504
28,267 16,145

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 41,831 34,061
Other creditors 2,198 2,025
Directors' current accounts - 116
Accruals and deferred income 4,862 4,420
48,891 40,622

Musculoskeletal Imaging Limited (Registered number: 07583325)

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


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary A 1 100 100
100 Ordinary B 1 100 100
200 200

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2023 and 31st March 2022:

2023 2022
£    £   
L J King
Balance outstanding at start of year (116 ) 2,319
Amounts advanced 5,524 -
Amounts repaid (2,294 ) (2,435 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,114 (116 )

The directors advance will be repaid within 9 months of the year-end.