Moran Orthopaedics Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC474886 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

MORAN ORTHOPAEDICS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Moran

Mrs A Moran

REGISTERED OFFICE:

20-22 Torphichen Street

EDINBURGH

EH3 8JB

REGISTERED NUMBER:

SC474886 (Scotland)

ACCOUNTANTS:

Acumen Accountants & Advisors Limited

20/22 Torphichen Street

Edinburgh

EH3 8JB

CURRENT ASSETS

Cash at bank

96,405

40,990

CREDITORS

Amounts falling due within one year

38,801

21,432

NET CURRENT ASSETS

57,604

19,558

TOTAL ASSETS LESS CURRENT
LIABILITIES

57,604

19,558

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

57,504

19,458

SHAREHOLDERS' FUNDS

57,604

19,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 January 2017 and were signed on its behalf by:

M Moran - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computation in periods different from

those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which

result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the

timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment

to sell the asset.

Deferred tax assets and liabilities are not discounted.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100