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Company Registration No. 11937681 (England and Wales)
Terracotta Senses ltd Unaudited accounts for the year ended 30 April 2023
Terracotta Senses ltd Unaudited accounts Contents
Page
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Terracotta Senses ltd Company Information for the year ended 30 April 2023
Director
Angela Santos Martins
Company Number
11937681 (England and Wales)
Registered Office
48 Elizabeth Road Bishops Stortford Hertfordshire CM23 3RN United Kingdom
Accountants
Heather Sandy 36 Milliners Way Bishops Stortford Hertfordshire CM23 4GG
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Terracotta Senses ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,344 
9,520 
Current assets
Inventories
2,204 
11,914 
Debtors
2,478 
- 
Cash at bank and in hand
5,322 
10,931 
10,004 
22,845 
Creditors: amounts falling due within one year
(27,094)
(35,635)
Net current liabilities
(17,090)
(12,790)
Total assets less current liabilities
(8,746)
(3,270)
Creditors: amounts falling due after more than one year
- 
1,826 
Net liabilities
(8,746)
(1,444)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(8,747)
(1,445)
Shareholders' funds
(8,746)
(1,444)
For the year ending 30 April 2023 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.
The financial statements were approved by the Board and authorised for issue on 24 January 2023 and were signed on its behalf by
Angela Santos Martins Director Company Registration No. 11937681
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Terracotta Senses ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Terracotta Senses ltd is a private company, limited by shares, registered in England and Wales, registration number 11937681. The registered office is 48 Elizabeth Road, Bishops Stortford, Hertfordshire, CM23 3RN, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Going concern
The Director of Terracotta Senses Ltd has considered the affects of Covid-19 Coronavirus upon the business. She is confident that there are sufficient cash reserves in the business at present. She has taken advantage of Local Authority Grants during the period.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2022
9,875 
2,326 
12,201 
At 30 April 2023
9,875 
2,326 
12,201 
Depreciation
At 1 May 2022
1,751 
930 
2,681 
Charge for the year
827 
349 
1,176 
At 30 April 2023
2,578 
1,279 
3,857 
Net book value
At 30 April 2023
7,297 
1,047 
8,344 
At 30 April 2022
8,124 
1,396 
9,520 
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Terracotta Senses ltd Notes to the Accounts for the year ended 30 April 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
2,478 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
4,483 
- 
Trade creditors
5,243 
19 
Taxes and social security
2,995 
12,060 
Other creditors
15,000 
23,056 
Loans from directors
(1,127)
- 
Accruals
500 
500 
27,094 
35,635 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
- 
(1,826)
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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