Active Orthotics Limited
|
Notes to the Accounts |
for the year ended 31 March 2018
|
|
|
1 |
Accounting policies |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value.
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
|
|
|
2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 April 2017 |
329 |
|
At 31 March 2018 |
329 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2017 |
144 |
|
Charge for the year |
46 |
|
At 31 March 2018 |
190 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2018 |
139 |
|
At 31 March 2017 |
185 |
|
|
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2018 |
|
2017 |
£ |
£ |
|
|
Other debtors |
51,763 |
|
41,951 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
£ |
£ |
|
|
Corporation tax |
20,333 |
|
9,188 |
|
Other creditors |
1,079 |
|
1,081 |
|
|
|
|
|
|
21,412 |
|
10,269 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
Active Orthotics Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
7 Clifton Moor |
|
Oakhill |
|
Milton Keynes |
|
Buckinghamshire |
|
MK5 6FZ |