NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD - Company Information

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NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

Company Registration Number:
NI069950 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2020

Period of accounts

Start date: 01 August 2019

End date: 31 July 2020

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 July 2020

Balance sheet
Notes

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

Balance sheet

As at 31 July 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 650,944 653,093
Investments: 4 150,503 152,145
Total fixed assets: 801,447 805,238
Current assets
Debtors:   500,812 937,035
Total current assets: 500,812 937,035
Creditors: amounts falling due within one year:   (274,966) (665,124)
Net current assets (liabilities): 225,846 271,911
Total assets less current liabilities: 1,027,293 1,077,149
Creditors: amounts falling due after more than one year:   (57,332) (51,243)
Provision for liabilities: (3,395) (3,395)
Total net assets (liabilities): 966,566 1,022,511
Capital and reserves
Called up share capital: 160 160
Profit and loss account: 966,406 1,022,351
Shareholders funds: 966,566 1,022,511

The notes form part of these financial statements

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

Balance sheet statements

For the year ending 31 July 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 April 2021
and signed on behalf of the board by:

Name: Dr N Thompson
Status: Director

The notes form part of these financial statements

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Equipment - 20% reducing balanceComputer equipment - 33% straight line

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

2. Employees

2020 2019
Average number of employees during the period 5 5

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

3. Tangible Assets

Total
Cost £
At 01 August 2019 728,298
Additions 3,471
At 31 July 2020 731,769
Depreciation
At 01 August 2019 75,205
Charge for year 5,620
At 31 July 2020 80,825
Net book value
At 31 July 2020 650,944
At 31 July 2019 653,093

NEILL THOMPSON ORTHOPAEDIC SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2020

4. Fixed investments

Other investments other than loans£CostAt 1 August 2019 152,145Additions 857Disposals (2,499)At 31 July 2020 150,503ImpairmentAt 1 August 2019 and 31 July 2020 –Carrying amountAt 31 July 2020 150,503At 31 July 2019 152,145