Step Forward Orthotics (UK) Limited

Step Forward Orthotics (UK) Limited

STEP FORWARD ORTHOTICS (UK) LIMITED - Company Information

Print Friendly Version

1 January 2016 false Taxfiler 2017.35.Web 08294038business:PrivateLimitedCompanyLtd2016-01-012016-12-31 082940382015-12-31 082940382016-01-012016-12-31 08294038business:AuditExemptWithAccountantsReport2016-01-012016-12-31 08294038business:FullAccounts2016-01-012016-12-31 082940382016-12-31 08294038business:Director12016-01-012016-12-31 08294038business:Director22016-01-012016-12-31 08294038business:RegisteredOffice2016-01-012016-12-31 082940382015-12-31 08294038core:WithinOneYear2016-12-31 08294038core:WithinOneYear2015-12-31 08294038core:ShareCapital2016-12-31 08294038core:ShareCapital2015-12-31 08294038core:RetainedEarningsAccumulatedLosses2016-12-31 08294038core:RetainedEarningsAccumulatedLosses2015-12-31 08294038business:SmallEntities2016-01-012016-12-31 08294038countries:EnglandWales2016-01-012016-12-31 08294038business:Director112016-01-012016-12-31 08294038business:Director112015-12-31 08294038business:Director112016-12-31 082940382015-01-012015-12-31 iso4217:GBP xbrli:pure
Company Registration No. 08294038 (England and Wales)
Step Forward Orthotics (UK) Limited Unaudited accounts for the year ended 31 December 2016
Step Forward Orthotics (UK) Limited Unaudited accounts Contents
Page
- 2 -
Step Forward Orthotics (UK) Limited Company Information for the year ended 31 December 2016
Directors
Andrew Dewhurst Linda Dewhurst
Company Number
08294038 (England and Wales)
Registered Office
Fir Tree Cottage Singleborough Buckingham Milton Keynes MK17 0RF
Accountants
Oxford Tax Solutions Limited The Old Music Hall 106 - 108 Cowley Road Oxford OX4 1JE
- 3 -
Step Forward Orthotics (UK) Limited Statement of financial position as at 31 December 2016
2016 
2015 
Notes
£ 
£ 
Current assets
Inventories
4
16,391 
12,821 
Debtors
5
315 
570 
Cash at bank and in hand
3,766 
- 
20,472 
13,391 
Creditors: amounts falling due within one year
6
(14,729)
(13,291)
Net current assets
5,743 
100 
Net assets
5,743 
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,643 
- 
Shareholders' funds
5,743 
100 
For the year ending 31 December 2016 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 October 2017.
Andrew Dewhurst Director Company Registration No. 08294038
- 4 -
Step Forward Orthotics (UK) Limited Notes to the Accounts for the year ended 31 December 2016
1
Statutory information
Step Forward Orthotics (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 08294038. The registered office and principal place of business is Fir Tree Cottage, Singleborough, Buckingham, Milton Keynes, MK17 0RF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Inventories
2016 
2015 
£ 
£ 
Raw materials
16,391 
12,821 
16,391 
12,821 
5
Debtors
2016 
2015 
£ 
£ 
Other debtors
315 
570 
6
Creditors: amounts falling due within one year
2016 
2015 
£ 
£ 
Trade creditors
11,923 
12,002 
Taxes and social security
1,411 
- 
Loans from directors
- 
1,289 
Accruals
1,395 
- 
14,729 
13,291 
- 5 -
Step Forward Orthotics (UK) Limited Notes to the Accounts for the year ended 31 December 2016
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Andrew Dewhurst
Directors' loan account
- 
7,290 
6,975 
315 
- 
7,290 
6,975 
315 
Included in Other Debtors is an amount of £315 owed by the directors to the company. This amount has been fully repaid within 9 months of the end of the accounting period.
8
Average number of employees
During the year the average number of employees was 2 (2015: 2).
- 6 -