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Company Registration No. 04282971 (England and Wales)
Terrafirma Ceramica Limited Unaudited accounts for the year ended 30 November 2023
Terrafirma Ceramica Limited Unaudited accounts Contents
Page
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Terrafirma Ceramica Limited Company Information for the year ended 30 November 2023
Director
Mr Harjinder Singh Arhi
Company Number
04282971 (England and Wales)
Registered Office
119 Northfield Avenue London W13 9QR
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Terrafirma Ceramica Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,208 
1,610 
Current assets
Inventories
4,000 
4,000 
Debtors
7,438 
5,022 
Cash at bank and in hand
7,029 
20,420 
18,467 
29,442 
Creditors: amounts falling due within one year
(53,626)
(53,282)
Net current liabilities
(35,159)
(23,840)
Total assets less current liabilities
(33,951)
(22,230)
Creditors: amounts falling due after more than one year
(3,226)
(5,311)
Net liabilities
(37,177)
(27,541)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(37,277)
(27,641)
Shareholders' funds
(37,177)
(27,541)
For the year ending 30 November 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 August 2024 and were signed on its behalf by
Mr Harjinder Singh Arhi Director Company Registration No. 04282971
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Terrafirma Ceramica Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Terrafirma Ceramica Limited is a private company, limited by shares, registered in England and Wales, registration number 04282971. The registered office is 119 Northfield Avenue, London, W13 9QR.
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.
Turnover
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
25% on WDV Method
Motor vehicles
25% on WDV Method
Fixtures & fittings
25% on WDV Method
Computer equipment
25% on WDV Method
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2022
16,048 
At 30 November 2023
16,048 
Depreciation
At 1 December 2022
14,438 
Charge for the year
402 
At 30 November 2023
14,840 
Net book value
At 30 November 2023
1,208 
At 30 November 2022
1,610 
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Terrafirma Ceramica Limited Notes to the Accounts for the year ended 30 November 2023
5
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
228 
- 
Tax losses carried forward
(5,665)
(3,591)
(5,437)
(3,591)
2023 
2022 
£ 
£ 
Provision at start of year
(3,591)
(910)
Credited to the profit and loss account
(1,846)
(2,681)
Provision at end of year
(5,437)
(3,591)
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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