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
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
Terrafirma Ceramica Limited
Statement of financial position
as at 30 November 2023
Tangible assets
1,208
1,610
Cash at bank and in hand
7,029
20,420
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)
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
Terrafirma Ceramica Limited
Notes to the Accounts
for the year ended 30 November 2023
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.
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.
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
At 30 November 2023
16,048
At 30 November 2023
14,840
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)
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)
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).