true
Sheffield Physiotherapy Ltd
06044483
2016-01-31
17934
7988
18034
8088
100
100
18034
8088
33944
12500
51978
20588
-45291
-53447
58886
58871
13595
5424
13450
4557
145
867
97269
74035
15000
15000
82269
59035
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Goodwill
Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the Balance Sheet and amortised over its useful economic life. Where a reliable estimate of the useful
life of goodwill or intangible assets cannot be made, the life is presumed not to exceed five years. Useful
ecomonic lives are reviewed at the end of each reporting period and revised if necessary, subject to the
constraint that the revised life shall not exceed 20 years from the date of acquisition. The carrying amount
at the date of revision is depreciated over the revised estimate of remaining useful economic life.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Finance lease agreements
Where the company enters into a lease which entails taking substantially all the risks and rewards
of ownership of an asset, the lease is treated as a finance lease. The asset is recorded in the
balance sheet as a tangible fixed asset and is depreciated in accordance with the above
depreciation policies. Future instalments under such leases, net of finance charges, are included within creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account on a straight line basis, and the capital element which reduces the outstanding obligation for future instalments.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Fixtures & Fittings
Method for Fixtures & fittings
0.0000
Equipment
Method for Equipment
0.0000
15000
15000
129441
97739
38452
-6750
47172
38704
11218
-2750
144441
112739
38452
-6750
47172
38704
-2750
11218
Ordinary
1000
1
1000
1000
Ordinary
1
100
100
100
2016-10-24
Mr J D O Wood
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Sheffield Physiotherapy Ltd
2015-02-01
2016-01-31
Sheffield Physiotherapy Ltd
2014-02-01
2015-01-31
Sheffield Physiotherapy Ltd
2014-01-31
Sheffield Physiotherapy Ltd
2015-01-31
Sheffield Physiotherapy Ltd
2015-01-31
Sheffield Physiotherapy Ltd
2016-01-31
2016-10-24