SK Orthopaedics Limited - Period Ending 2019-03-31

Registration number: 11167744

SK Orthopaedics Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Period from 24 January 2018 to 31 March 2019

SK Orthopaedics Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Abridged Financial Statements	3 to 4

SK Orthopaedics Limited

(Registration number: 11167744)
Abridged Balance Sheet as at 31 March 2019

	Note	2019 £
Fixed assets
Tangible assets	4	16,761
Current assets
Debtors		504
Cash at bank and in hand		17,389
		17,893
Creditors: Amounts falling due within one year		(17,730)
Net current assets		163
Total assets less current liabilities		16,924
Provisions for liabilities		(3,815)
Net assets		13,109
Capital and reserves
Called up share capital		200
Profit and loss account		12,909
Total equity		13,109

The notes on pages 3 to 4 form an integral part of these abridged financial statements.

Page 1

SK Orthopaedics Limited

(Registration number: 11167744)
Abridged Balance Sheet as at 31 March 2019

For the financial period ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 23 September 2019 and signed on its behalf by:
 

Mr S A Kirby

Director

Mrs A Kirby

Director

The notes on pages 3 to 4 form an integral part of these abridged financial statements.

Page 2

SK Orthopaedics Limited

Notes to the Abridged Financial Statements for the Period from 24 January 2018 to 31 March 2019

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
Carr House
Green Lane
Littlethorpe
Ripon
North Yorkshire
HG4 3LR

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

The accounts have been prepared on a long period from 24 January 2018 to 31 March 2019 as the company was incorporated on the 24 January 2018.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 1.

Page 3

SK Orthopaedics Limited

Notes to the Abridged Financial Statements for the Period from 24 January 2018 to 31 March 2019

4	Tangible assets

	Total £
Cost or valuation
Additions	20,951
At 31 March 2019	20,951
Depreciation
Charge for the	4,190
At 31 March 2019	4,190
Carrying amount
At 31 March 2019	16,761

5	Transition to FRS 102

There are no transitional adjustments.

Page 4