Registered number
OC402879
Manchester Orthopaedic Surgical Services LLP
Filleted Accounts
30 November 2023
Manchester Orthopaedic Surgical Services LLP
Registered number: OC402879
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Net current assets - -
Total assets less current liabilities - -
Net assets attributable to members - -
Represented by:
- -
Total members' interests
- -
For the year ended 30 November 2023 the LLP was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to Dormant Companies.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
These accounts were approved by the members on 28 August 2024 and signed on their behalf by:
T Asumu
Designated member
Manchester Orthopaedic Surgical Services LLP
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
2 Trading note
The company did not trade during the financial year to 30 November 2023.
Manchester Orthopaedic Surgical Services LLP OC402879 true 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 T Asumu No description of principal activity OC402879 2022-12-01 2023-11-30 OC402879 bus:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 OC402879 bus:LimitedLiabilityPartnershipLLP 2022-12-01 2023-11-30 OC402879 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 OC402879 bus:PartnerLLP20 2022-12-01 2023-11-30 OC402879 3 2022-12-01 2023-11-30 OC402879 1 2022-12-01 2023-11-30 OC402879 2 2022-12-01 2023-11-30 OC402879 4 2022-12-01 2023-11-30 OC402879 countries:England 2022-12-01 2023-11-30 OC402879 bus:FRS102 2022-12-01 2023-11-30 OC402879 bus:FilletedAccounts 2022-12-01 2023-11-30 OC402879 2023-11-30 OC402879 2022-11-30 iso4217:GBP