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
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
Terracotta Senses ltd
Statement of financial position
as at 30 April 2023
Tangible assets
8,344
9,520
Cash at bank and in hand
5,322
10,931
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)
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
Terracotta Senses ltd
Notes to the Accounts
for the year ended 30 April 2023
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.
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.
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
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
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
At 30 April 2023
7,297
1,047
8,344
At 30 April 2022
8,124
1,396
9,520
Terracotta Senses ltd
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,995
12,060
Other creditors
15,000
23,056
Loans from directors
(1,127)
-
7
Creditors: amounts falling due after more than one year
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).