K B Orthopaedics Ltd
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Notes to the Accounts |
for the year ended 31 March 2017
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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Turnover |
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Turnover represents the value, net of (VAT) & discounts, carried out in respect of services provided to clients.
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Debtors |
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Debtors are carroed at orginal invoice amounts outstanding at the year end. Bad debts are written off when they are identified.
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Creditors |
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Creditors are carried at original invoice amounts not paid at the year end.
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current period.
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2 |
Employees |
2017 |
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2016 |
Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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3 |
Tangible fixed assets |
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Plant and machinery etc |
£ |
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Cost |
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At 1 April 2016 |
3,423 |
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At 31 March 2017 |
3,423 |
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Depreciation |
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At 1 April 2016 |
3,423 |
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At 31 March 2017 |
3,423 |
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Net book value |
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At 31 March 2017 |
- |
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4 |
Debtors |
2017 |
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2016 |
£ |
£ |
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Trade debtors |
4,190 |
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3,473 |
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5 |
Creditors: amounts falling due within one year |
2017 |
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2016 |
£ |
£ |
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Corporation tax |
6,098 |
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8,783 |
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Other creditors |
1,492 |
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2,597 |
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7,590 |
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11,380 |
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6 |
Other information |
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K B Orthopaedics Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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Cambrai Court |
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1229 Stratford Road |
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Hall Green |
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Birmingham |
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B28 9AA |