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Registration number: 10750940

Teratus Limited

Unaudited Financial Statements

Year Ended 31 December 2023

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Teratus Limited

Contents

Accountants' Report

1

Balance Sheet

2

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Teratus Limited
for the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Teratus Limited for the year ended 31 December 2023 as set out on pages 2 to 3 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Teratus Limited, as a body, in accordance with the terms of our engagement letter dated 7 October 2022. Our work has been undertaken solely to prepare for your approval the accounts of Teratus Limited and state those matters that we have agreed to state to the Board of Directors of Teratus Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Teratus Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Teratus Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Teratus Limited. You consider that Teratus Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Teratus Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

3 September 2024

 

Teratus Limited

(Registration number: 10750940)
Balance Sheet as at 31 December 2023

2023
£

2022
£

Current assets

 

128,519

125,689

Creditors: Amounts falling due within one year

 

(55,924)

(51,924)

Total assets less current liabilities

 

72,595

73,765

Accruals and deferred income

 

(800)

(750)

   

71,795

73,015

Capital and reserves

 

71,795

73,015

 

Teratus Limited

(Registration number: 10750940)
Balance Sheet as at 31 December 2023 (continued)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Glenavon
Dalston
Carlisle
CA5 7JP
England

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2022 - 5).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 September 2024 and signed on its behalf by:
 

.........................................
S Ross
Director