Edinburgh Orthopaedic Specialsts 2014 - Abbreviated accounts 16.3

REGISTERED NUMBER: SC500201 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

EDINBURGH ORTHOPAEDIC SPECIALISTS

2014 LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Patton

Dr P Gaston

G Lawson

Miss J M McBirnie

R Burnett

Dr F Wade

I H Annan

Dr J Reid

Dr J Keating

H Shalaby

P M S Simpson

REGISTERED OFFICE:

5th Floor Quartermile Two

2 Lister Square

Edinburgh

EH3 9GL

REGISTERED NUMBER:

SC500201 (Scotland)

ACCOUNTANTS:

Acumen Accountants & Advisors Limited

20/22 Torphichen Street

Edinburgh

EH3 8JB

FIXED ASSETS

Tangible assets

2

397

CURRENT ASSETS

Debtors

112,211

Cash at bank

100,765

212,976

CREDITORS

Amounts falling due within one year

140,730

NET CURRENT ASSETS

72,246

TOTAL ASSETS LESS CURRENT LIABILITIES

72,643

CAPITAL AND RESERVES

Called up share capital

3

11

Profit and loss account

72,632

SHAREHOLDERS' FUNDS

72,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 14 October 2016 and were signed on its behalf by:

J Patton - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

795

At 31 March 2016

795

DEPRECIATION

Charge for year

398

At 31 March 2016

398

NET BOOK VALUE

At 31 March 2016

397

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

11

Ordinary

1

11

11 Ordinary shares of 1 each were allotted and fully paid for cash at par during the year.