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REGISTERED NUMBER: 10272190 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

OTTERBOURNE ORTHOPAEDICS LIMITED

OTTERBOURNE ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 10272190)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OTTERBOURNE ORTHOPAEDICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr G L Cox
Mrs J E Cox





SECRETARY: Gibson Whitter Secretaries Limited





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 10272190 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

OTTERBOURNE ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 10272190)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,621 27,459

CURRENT ASSETS
Debtors 5 27,456 13,058
Cash at bank 99,208 79,133
126,664 92,191
CREDITORS
Amounts falling due within one year 6 28,021 18,434
NET CURRENT ASSETS 98,643 73,757
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,264

101,216

PROVISIONS FOR LIABILITIES 8 797 999
NET ASSETS 121,467 100,217

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 121,367 100,117
SHAREHOLDERS' FUNDS 121,467 100,217

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 and authorised for issue by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by:




Mr G L Cox - Director


OTTERBOURNE ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 10272190)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Otterbourne Orthopaedics Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.
Plant and machinery etc - 25% on cost, 10% on cost and Straight line over 3 years

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

OTTERBOURNE ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 10272190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 37,686
DEPRECIATION
At 1 August 2023 10,227
Charge for year 3,838
At 31 July 2024 14,065
NET BOOK VALUE
At 31 July 2024 23,621
At 31 July 2023 27,459

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 4,175 7,987
Other debtors 23,281 5,071
27,456 13,058

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Taxation and social security 24,772 15,347
Other creditors 3,249 3,087
28,021 18,434

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.7.24 31.7.23
£    £   
Within one year 4,045 8,091
Between one and five years - 4,045
4,045 12,136

8. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 797 999

OTTERBOURNE ORTHOPAEDICS LIMITED (REGISTERED NUMBER: 10272190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 August 2023 999
Utilised during year (202 )
Balance at 31 July 2024 797

9. RELATED PARTY DISCLOSURES

The aggregate amount owed by the directors at the balance sheet date is £19,568 (31.7.23): £1,754.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr G L Cox.