Company Registration No. 08425534 (England and Wales)
THE BODY MECHANIC ORTHOTICS LIMITED
Unaudited accounts
for the year ended 31 March 2018
THE BODY MECHANIC ORTHOTICS LIMITED
Unaudited accounts
Contents
THE BODY MECHANIC ORTHOTICS LIMITED
Company Information
for the year ended 31 March 2018
Company Number
08425534 (England and Wales)
Registered Office
593 COWBRIDGE ROAD EAST
CARDIFF
CF5 1BE
Accountants
williams lester accountants ltd
6 Park Place
Pontmorlais
Merthyr Tydfil
CF47 0LJ
THE BODY MECHANIC ORTHOTICS LIMITED
Statement of financial position
as at
31 March 2018
Intangible assets
-
6,650
Creditors: amounts falling due within one year
2,910
8,938
Net current assets
2,910
13,487
Total assets less current liabilities
2,910
24,395
Creditors: amounts falling due after more than one year
-
(21,441)
Called up share capital
100
100
Profit and loss account
2,810
2,854
Shareholders' funds
2,910
2,954
For the year ending 31 March 2018 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 director acknowledges her 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 30 October 2018.
H C McCarthy
Director
Company Registration No. 08425534
THE BODY MECHANIC ORTHOTICS LIMITED
Notes to the Accounts
for the year ended 31 March 2018
THE BODY MECHANIC ORTHOTICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08425534. The registered office is 593 COWBRIDGE ROAD EAST, CARDIFF, CF5 1BE.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
Other increase/(decrease)
(2,850)
THE BODY MECHANIC ORTHOTICS LIMITED
Notes to the Accounts
for the year ended 31 March 2018
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2017
4,051
183
934
5,168
Disposals
(4,051)
(183)
(934)
(5,168)
At 1 April 2017
910
-
-
910
On disposals
(910)
-
-
(910)
At 31 March 2017
3,141
183
934
4,258
Amounts due from group undertakings etc.
-
4,119
7
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
2,858
Taxes and social security
2,483
7,266
Loans from directors
(5,393)
(20,232)
8
Creditors: amounts falling due after more than one year
2018
2017
9
Share capital
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 0 (2017: 0).