REGISTERED NUMBER: 08370580 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MTP Orthopaedic Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Proctor

REGISTERED OFFICE:

30 Gay Street

Bath

Somerset

BA1 2PA

REGISTERED NUMBER:

08370580 (England and Wales)

FIXED ASSETS

Tangible assets

4

304

434

CURRENT ASSETS

Debtors

5

109,205

277,995

Cash at bank

15,135

1,045

124,340

279,040

CREDITORS

Amounts falling due within one year

6

68,003

221,457

NET CURRENT ASSETS

56,337

57,583

TOTAL ASSETS LESS CURRENT LIABILITIES

56,641

58,017

CREDITORS

Amounts falling due after more than one year

7

4,083

13,883

NET ASSETS

52,558

44,134

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

52,458

44,034

SHAREHOLDERS' FUNDS

52,558

44,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 December 2025 and were signed by:

M Proctor - Director

1.	STATUTORY INFORMATION

MTP Orthopaedic 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.

Fixtures and fittings

-

15% on reducing balance

Equipment

-

33% on reducing balance

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.

Financial instruments

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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

Equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

489

7,240

7,729

DEPRECIATION

At 1 April 2024

417

6,878

7,295

Charge for year

11

119

130

At 31 March 2025

428

6,997

7,425

NET BOOK VALUE

At 31 March 2025

61

243

304

At 31 March 2024

72

362

434

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

43,198

60,802

Other debtors

14

28,440

Directors' current accounts

-

162,144

Tax

65,993

26,609

109,205

277,995

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Loan due <1 Year

9,800

9,800

Tax

53,895

144,144

Social security and other taxes

(1

)

64,044

Other creditors

245

19

Directors' current accounts

554

-

Accruals and deferred income

3,510

3,450

68,003

221,457

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Loan >1 Year

4,083

13,883

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date £554 (2024 - £162,144 debtor) was owed to the director by the company. This loan is unsecured and interest free.