1 February 2023 false No description of principal activity Taxfiler 2024.5 10552923business:PrivateLimitedCompanyLtd2023-02-012024-01-31 105529232023-01-31 105529232023-02-012024-01-31 10552923business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 10552923business:FilletedAccounts2023-02-012024-01-31 105529232024-01-31 10552923business:Director12023-02-012024-01-31 10552923business:RegisteredOffice2023-02-012024-01-31 105529232023-01-31 10552923core:WithinOneYear2024-01-31 10552923core:WithinOneYear2023-01-31 10552923core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 10552923core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 10552923core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 10552923core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 10552923core:PreviouslyStatedAmount2024-01-31 10552923core:PreviouslyStatedAmount2023-01-31 10552923business:SmallEntities2023-02-012024-01-31 10552923countries:EnglandWales2023-02-012024-01-31 10552923core:AfterOneYear2024-01-31 10552923core:AfterOneYear2023-01-31 105529232022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 10552923 (England and Wales)
ORTHOCORRECT LTD Unaudited accounts for the year ended 31 January 2024
ORTHOCORRECT LTD Unaudited accounts Contents
Page
- 2 -
ORTHOCORRECT LTD Company Information for the year ended 31 January 2024
Director
Dr. Gabriella Borsos
Company Number
10552923 (England and Wales)
Registered Office
Suite 3.2 Litchurch Plaza Litchurch Lane Derby DE24 8AA UNITED KINGDOM
- 3 -
ORTHOCORRECT LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
8,596 
8,596 
Current assets
Debtors
4,568 
- 
Cash at bank and in hand
40 
(190)
4,608 
(190)
Creditors: amounts falling due within one year
(18,577)
(14,199)
Net current liabilities
(13,969)
(14,389)
Net liabilities
(5,373)
(5,793)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(5,473)
(5,893)
Shareholders' funds
(5,373)
(5,793)
For the year ending 31 January 2024 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 director acknowledges her 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 and authorised for issue on 31 October 2024 and were signed on its behalf by
Dr. Gabriella Borsos Director Company Registration No. 10552923
- 4 -
ORTHOCORRECT LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
ORTHOCORRECT LTD is a private company, limited by shares, registered in England and Wales, registration number 10552923. The registered office is Suite 3.2, Litchurch Plaza, Litchurch Lane, Derby, DE24 8AA, UNITED KINGDOM.
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
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Other investments 
£ 
Valuation at 1 February 2023
8,596 
Valuation at 31 January 2024
8,596 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
4,568 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
245 
- 
Taxes and social security
699 
1,453 
Other creditors
197 
99 
Loans from directors
17,436 
12,647 
18,577 
14,199 
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 5 -