| |
|
2026 |
|
2025 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
83,310 |
|
|
95,364 |
| Current assets |
|
54,867 |
|
|
80,234 |
|
| Creditors: amount falling due within one year |
|
(11,144) |
|
|
(40,810) |
|
|
Net current assets
|
|
|
43,723
|
|
|
39,424
|
|
Total assets less current liabilities
|
|
|
127,033 |
|
|
134,788 |
| Creditors: amount falling due after more than one year |
|
|
- |
|
|
(8,571) |
|
Net assets
|
|
|
127,033 |
|
|
126,217 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
127,033 |
|
|
126,217 |
| |
NOTES TO THE ACCOUNTS
General Information
SHEFFIELD PHYSIOTHERAPY LTD is a private company, limited by shares, registered in England and Wales, registration number 06044483, registration address 476 ECCLESALL ROAD, SHEFFIELD SOUTH YORKSHIRE, SHEFFIELD, S11 8PX.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill has been held at cost.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
15% Reducing Balance
|
| Equipment |
15% Reducing Balance
|
|
| 2. |
Intangible fixed assets
| Cost |
Goodwill - Held at cost |
|
Total |
| |
£ |
|
£ |
| At 01 February 2025 |
15,000 |
|
15,000 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 March 2026 |
15,000 |
|
15,000 |
| Net book values |
| At 31 March 2026 |
15,000 |
|
15,000 |
| At 31 January 2025 |
15,000 |
|
15,000 |
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 February 2025 |
70,696 |
|
165,438 |
|
236,134 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| At 31 March 2026 |
70,696 |
|
165,438 |
|
236,134 |
| Depreciation |
| At 01 February 2025 |
57,614 |
|
98,156 |
|
155,770 |
| Charge for period |
1,962 |
|
10,092 |
|
12,054 |
| On disposals |
- |
|
- |
|
- |
| At 31 March 2026 |
59,576 |
|
108,248 |
|
167,824 |
| Net book values |
| Closing balance as at 31 March 2026 |
11,120 |
|
57,190 |
|
68,310 |
| Opening balance as at 01 February 2025 |
13,082 |
|
67,282 |
|
80,364 |
|
| 4. |
Average number of employees
Average number of employees during the period was 1 (2025 : 3).
|
|
Mr J D O Wood
The Director, who is also the sole shareholder of the Company had a loan brought forward of £30,000. The Loan was repaid in full by 31 October 2024.
The Director drew a further loan from the company of £20,000 and this is to be repaid before 31 October 2025.
|
For the period ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 10 July 2026 and were signed by: --------------------------------
John Wood
Director |
2
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