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REGISTERED NUMBER: 12733156 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Orthohubxyz Ltd

Orthohubxyz Ltd (Registered number: 12733156)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Orthohubxyz Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Dr K Akhtar
Mr M P Barrett
Mr P D Bates
Mr R Tahmassebi
Mr V Klopot





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





REGISTERED NUMBER: 12733156 (England and Wales)

Orthohubxyz Ltd (Registered number: 12733156)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,788 1,454

CURRENT ASSETS
Debtors 6 6,849 7,778
Cash at bank 77,834 172,749
84,683 180,527
CREDITORS
Amounts falling due within one year 7 35,094 33,464
NET CURRENT ASSETS 49,589 147,063
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,377

148,517

CAPITAL AND RESERVES
Called up share capital 436 436
Share premium 199,964 199,964
Retained earnings (149,023 ) (51,883 )
SHAREHOLDERS' FUNDS 51,377 148,517

Orthohubxyz Ltd (Registered number: 12733156)

Balance Sheet - continued
31 July 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:




Mr M P Barrett - Director Dr K Akhtar - Director




Mr P D Bates - Director Mr V Klopot - Director




Mr R Tahmassebi - Director


Orthohubxyz Ltd (Registered number: 12733156)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

Orthohubxyz Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Going concern
The Company incurred a loss for the year and as at the year end has, as disclosed on the balance sheet, negative retained earnings. The financial statements are prepared on the going concern basis on the assumption that the Company will continue to receive sufficient financial support from its shareholders to provide sufficient funds to enable it to meet its liabilities as they fall due.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Orthohubxyz Ltd (Registered number: 12733156)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 3,194
Additions 930
At 31 July 2024 4,124
DEPRECIATION
At 1 August 2023 1,740
Charge for year 596
At 31 July 2024 2,336
NET BOOK VALUE
At 31 July 2024 1,788
At 31 July 2023 1,454

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,849 7,778

Other debtors includes prepayment of £5,599 (2023 - £3,447), other debtors of £1,250 (2023 - £Nil) and taxes of £Nil (2023 - £4,331).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,542 2,590
Other creditors 32,552 30,874
35,094 33,464

Orthohubxyz Ltd (Registered number: 12733156)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Other creditors include accrued expenses of £878 (2023 - £878) and directors' loan accounts of £31,674 (2023 - £29,996).