TERMAPEST LTD

Company Registration Number:
NI040117 (Northern Ireland)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

TERMAPEST LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

TERMAPEST LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 111,770 107,509
Total fixed assets: 111,770 107,509
Current assets
Stocks: 25,130 21,880
Debtors:   58,665 67,122
Cash at bank and in hand: 35,003 58,086
Total current assets: 118,798 147,088
Creditors: amounts falling due within one year:   (57,112) (92,205)
Net current assets (liabilities): 61,686 54,883
Total assets less current liabilities: 173,456 162,392
Creditors: amounts falling due after more than one year:   (17,664) (33,369)
Total net assets (liabilities): 155,792 129,023
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 155,791 129,022
Shareholders funds: 155,792 129,023

The notes form part of these financial statements

TERMAPEST LTD

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 September 2024
and signed on behalf of the board by:

Name: Mr A W Moleiro
Status: Director

The notes form part of these financial statements

TERMAPEST LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

TERMAPEST LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 7 8

TERMAPEST LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 308,769
Additions 66,657
Disposals (45,000)
At 28 February 2024 330,426
Depreciation
At 01 March 2023 201,260
Charge for year 21,087
On disposals (3,691)
At 28 February 2024 218,656
Net book value
At 28 February 2024 111,770
At 28 February 2023 107,509