London Sports Orthopaedics LLP Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC339220

London Sports Orthopaedics LLP

Filleted Unaudited Financial Statements

31 March 2026

London Sports Orthopaedics LLP

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Current assets

Debtors	5	149,551	121,072
Cash at bank and in hand		39,102	25,483
		---------	---------
		188,653	146,555

Creditors: amounts falling due within one year	6	150,747		131,604
		---------		---------
Net current assets			37,906	14,951
			--------	--------
Total assets less current liabilities			37,906	14,951
			--------	--------
Net assets			37,906	14,951
			--------	--------

Represented by:

Loans and other debts due to members

Other amounts	7	37,906	14,951
		--------	--------

Members' other interests

Other reserves	–	–
	--------	--------
	37,906	14,951
	--------	--------

Total members' interests

Amounts due from members		(13,292)	(5,775)
Loans and other debts due to members	7	37,906	14,951
Members' other interests		–	–
		--------	--------
		24,614	9,176
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006 (as applied to LLPs), the statement of comprehensive income has not been delivered.

For the year ending 31 March 2026 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) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements .

London Sports Orthopaedics LLP

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the members and authorised for issue on 24 June 2026 , and are signed on their behalf by:

Mr I McDermott	Mr M Phillips
Designated Member	Designated Member

Registered number: OC339220

London Sports Orthopaedics LLP

Notes to the Financial Statements

Year ended 31 March 2026

1.	General information

The LLP is registered in England and Wales. The address of the registered office is 36 Dene Road, Northwood, Middlesex, HA6 2DA.

2.	Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2018 (SORP 2018).

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts.

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, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.

Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.

Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

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 statement of comprehensive income 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'.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4.	Employee numbers

The average number of persons employed by the LLP during the year, including the members with contracts of employment, amounted to 9 (2025: 9 ).

5.	Debtors

	2026	2025
	£	£
Trade debtors	129,660	114,805
Other debtors	19,891	6,267
	---------	---------
	149,551	121,072
	---------	---------

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	119,655	107,854
Social security and other taxes	12,406	10,482
Other creditors	18,686	13,268
	---------	---------
	150,747	131,604
	---------	---------

7.	Loans and other debts due to members

	2026	2025
	£	£
Amounts owed to members in respect of profits	37,906	14,951
	--------	--------

8.	Related party transactions

In the opinion of the members there is no controlling party as defined by financial reporting Standard No 8 "Related party disclosures".