Company No: SO300845 (Scotland)

Contents

• Balance Sheet
• Reconciliation of Members' Interests
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Debtors	3	17,461		32,464
Cash at bank and in hand	4	19,051		25,553
		36,512		58,017
Creditors: amounts falling due within one year	5	( 8,667)		( 16,462)
Net current assets		27,845		41,555
Total assets less current liabilities		27,845		41,555
Net assets attributable to members		27,845		41,555
Represented by
Loans and other debts due to members within one year
Other amounts		6,210		18,834
		6,210		18,834
Members' other interests
Members' capital classified as equity		900		900
Other reserves		20,735		21,821
		21,635		22,721
		27,845		41,555
Total members' interests
Loans and other debts due to members		6,210		18,834
Members' other interests		21,635		22,721
		27,845		41,555

For the financial year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, 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 LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Osiris Medical Imaging LLP (registered number: SO300845) were approved and authorised for issue by the Board of Directors on 10 December 2025. They were signed on its behalf by:

Dr T A P Sudarshan Designated member

	EQUITY Members' other interests			DEBT Loans and other debts due to members less any amounts due from members in debtors	Total members' interests
	Members' capital (classified as equity)	Other reserves	Total	Other amounts	Total
	£	£	£	£	£
Amounts due to members				18,834
Balance at 01 April 2023	900	0	900	18,834	19,734
Profit for the financial year available for discretionary division among members	0	21,821	21,821	0	21,821
Members' interest after profit for the financial year	900	21,821	22,721	18,834	41,555
Amounts due to members				18,834
Balance at 31 March 2024	900	21,821	22,721	18,834	41,555
Profit for the financial year available for discretionary division among members	0	20,735	20,735	0	20,735
Members' interest after profit for the financial year	900	42,556	43,456	18,834	62,290
Division of profit	0	(21,821)	(21,821)	21,821	0
Drawings	0	0	0	(34,445)	(34,445)
Amounts due to members				6,210
Balance at 31 March 2025	900	20,735	21,635	6,210	27,845

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests

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

Osiris Medical Imaging LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in Scotland. The address of the LLP's registered office is C/O Johnston Carmichael Bishop's Court, 29 Albyn Place, Aberdeen, AB10 1YL, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention 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 Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

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

Turnover

Turnover represents the amounts recoverable for the provision of medical imaging services to local hospitals and institutions. Predominantly this is to BMI healthcare at Kingspark and to Tayside Complete Health.

Revenue is recognised when the LLP has entitlement to income in exchange for the provision of services.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

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.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price.

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

Members’ participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member’s participation rights including amounts subscribed or otherwise contributed by members, for example members’ capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

The profits are not automatically divided as they arise, the LLP therefore has an unconditional right to refuse payment of the profits for a particular year unless and until those profits are divided by a decision taken by the members; and accordingly, following such a division, those profits are classed as an appropriation or equity rather than an expense. They are therefore shown as a residual amount available for appropriation in the Profit and Loss Account.

All amounts due to members that are classified as liabilities are presented in the Statement of Financial Position within 'Loans and other debts due to members' and are charged to the Profit and Loss Account within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of Financial Position within 'Members' other interests'.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the LLP during the year	3		3

3. Debtors

	2025		2024
	£		£
Trade debtors	17,461		32,464

4. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	19,051		25,553

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other creditors	8,667		16,462

6. Loans and other debts due to members

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.