Company No: 07235657 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mr. M. Woods
	Mr. A. Mcclellan (Appointed 20 June 2025)

REGISTERED OFFICE	4 Communications Road
	Greenham Business Park
	Newbury
	RG19 6AB
	United Kingdom

COMPANY NUMBER

07235657 (England and Wales)

ACCOUNTANT	Verallo
	Century House
	Wargrave Road
	Henley-on-Thames
	Oxfordshire
	United Kingdom
	RG9 2LT

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	4	222,461		25,536
Investments	5	250,002		250,002
		472,463		275,538
Current assets
Debtors	6	279,154		204,309
Cash at bank and in hand		318,336		139,866
		597,490		344,175
Creditors: amounts falling due within one year	7	( 671,928)		( 174,370)
Net current (liabilities)/assets		(74,438)		169,805
Total assets less current liabilities		398,025		445,343
Creditors: amounts falling due after more than one year	8	( 8,776)		( 19,860)
Net assets		389,249		425,483
Capital and reserves
Called-up share capital	9	125		125
Share premium account		143,975		143,975
Profit and loss account		245,149		281,383
Total shareholders' funds		389,249		425,483

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Ortho Consulting Group Ltd (registered number: 07235657) were approved and authorised for issue by the Board of Directors on 23 September 2025. They were signed on its behalf by:

Mr. M. Woods Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Ortho Consulting Group Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 4 Communications Road, Greenham Business Park, Newbury, RG19 6AB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs

2 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Leasehold improvements	5 years straight line
Fixtures and fittings	3 years straight line
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	12		13

3. Intangible assets

	Website costs		Total
	£		£
Cost
At 01 January 2024	16,827		16,827
At 31 December 2024	16,827		16,827
Accumulated amortisation
At 01 January 2024	16,827		16,827
At 31 December 2024	16,827		16,827
Net book value
At 31 December 2024	0		0
At 31 December 2023	0		0

4. Tangible assets

	Land and buildings		Leasehold improve- ments		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 January 2024	10,000		23,414		13,669		19,975		67,058
Additions	0		199,714		4,677		1,999		206,390
At 31 December 2024	10,000		223,128		18,346		21,974		273,448
Accumulated depreciation
At 01 January 2024	0		17,170		13,629		10,723		41,522
Charge for the financial year	0		4,683		40		4,742		9,465
At 31 December 2024	0		21,853		13,669		15,465		50,987
Net book value
At 31 December 2024	10,000		201,275		4,677		6,509		222,461
At 31 December 2023	10,000		6,244		40		9,252		25,536

5. Fixed asset investments

Investments in subsidiaries

	2024
	£
Cost
At 01 January 2024	250,002
At 31 December 2024	250,002
Carrying value at 31 December 2024	250,002
Carrying value at 31 December 2023	250,002

Investments in shares

Name of entity	Registered office	Class of shares	Ownership 31.12.2024	Held
Orthocg Holdings Limited	Building 81 Greenham Business Park, Newbury, England, RG19 6HW	Ordinary	100.00%	Direct
Medddbase UK Ltd	Building 81 Greenham Business Park, Newbury, England, RG19 6HW	Ordinary	100.00%	Direct
Orthoconnections Limited	Building 81 Greenham Business Park, Newbury, England, RG19 6HW	Ordinary	100.00%	Direct

The capital and reserves and the profit of the subsidiary undertakings was as follows:

	Capital and reserves at 2024	Profit for the year ended 2024
	£	£
Orthocg Holdings Limited	1	0
Medddbase UK Ltd	74,387	55,397
Orthoconnections Limited	(48)	0

6. Debtors

	2024		2023
	£		£
Trade debtors	106,164		109,528
Amounts owed by Group undertakings	48		463
Prepayments and accrued income	78,133		64,369
VAT recoverable	18,946		0
Other debtors	75,863		29,949
	279,154		204,309

7. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	11,086		19,055
Trade creditors	145,334		25,991
Amounts owed to Group undertakings	60,002		1
Amounts owed to directors	292,442		2,468
Accruals	118,573		27,925
Corporation tax	0		22,405
Other taxation and social security	18,743		42,230
Other creditors	25,748		34,295
	671,928		174,370

The aggregate amount of creditors for which security has been given amounted to £797 (2023 - £9,020)

8. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	8,776		19,860

The aggregate amount of creditors for which security has been given amounted to £nil (2023 - £797)

9. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
10,000 Ordinary A shares of £ 0.01 each	100.00		100.00
1,250 Ordinary B shares of £ 0.01 each	12.50		12.50
1,250 Ordinary C shares of £ 0.01 each	12.50		12.50
	125.00		125.00

10. Financial commitments

Commitments

	2024		2023
	£		£
Total future minimum lease payments under non-cancellable operating lease	247,333		58,667

11. Related party transactions

The company has taken advantage of the exemption available under FRS 102 Section 33.1A to not disclose transactions with other wholly-owed members of the group.