Terracorp (UK) Limited |
Registered number |
Balance Sheet |
09247273 |
as at 30 September 2023 |
|
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Debtors |
3 |
|
4,251 |
|
|
4,965 |
Cash at bank and in hand |
|
|
1,555 |
|
|
476 |
|
|
|
5,806 |
|
|
5,441 |
|
Creditors: amounts falling due within one year |
4 |
|
(37,188) |
|
|
(27,676) |
|
Net current liabilities |
|
|
|
(31,382) |
|
|
(22,235) |
|
Total assets less current liabilities |
|
|
|
(31,382) |
|
|
(22,235) |
|
Creditors: amounts falling due after more than one year |
5 |
|
|
(17,032) |
|
|
(26,902) |
|
Net liabilities |
|
|
|
(48,414) |
|
|
(49,137) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
(48,415) |
|
|
(49,138) |
|
Shareholders' funds |
|
|
|
(48,414) |
|
|
(49,137) |
|
|
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
B Deschauer |
Director |
Approved by the board on 16 September 2024 |
|
Terracorp (UK) Limited |
Notes to the Accounts |
for the year ended 30 September 2023 |
|
|
1 |
Accounting policies and records |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard. |
|
|
Going concern basis |
|
The company's balance sheet shows a net deficit as at 30 September 2023. Given the relatively straightforward nature of the company's business, however, the director does not consider that it would be meaningful to prepare the accounts on a break-up basis and the going concern basis has therefore been applied. |
|
|
Turnover |
|
Turnover represents fees receivable. |
|
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of employees and company officers |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
4,251 |
|
4,965 |
|
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loan |
35,973 |
|
24,796 |
|
Trade creditors |
- |
|
600 |
|
Other creditors |
1,215 |
|
2,280 |
|
|
|
|
|
|
37,188 |
|
27,676 |
|
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loan |
17,032 |
|
26,902 |
|
|
|
|
|
|
|
|
|
|
|
6 |
Controlling party |
|
|
At 30 September 2023 the company was controlled by the director, Mr B A Deschauer, who owned the company's entire issued share capital. |
|
|
|
7 |
Other information |
|
|
Terracorp (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is Unit 4, Ashdown Court, Lewes Road, Forest Row RH18 5EZ. |