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REGISTERED NUMBER: 04154468 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

TERRAMUNDI MONEY POTS LTD

TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TERRAMUNDI MONEY POTS LTD

COMPANY INFORMATION
for the Year Ended 28 February 2024







DIRECTORS: D Illari
Ms J Ryle



SECRETARY: Ms J Ryle



REGISTERED OFFICE: First Floor
677 High Road
North Finchley
London
N12 0DA



REGISTERED NUMBER: 04154468 (England and Wales)



ACCOUNTANTS: Bramil Associates LLP
First Floor
677 High Road
North Finchley
London
N12 0DA



BANKERS: National Westminster Bank plc
4 Tuesday Market Place
King's Lynn
Norfolk
PE30 1YY

TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468)

BALANCE SHEET
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,867 21,993

CURRENT ASSETS
Debtors 5 593 78,823
Cash at bank 6,456 38,199
7,049 117,022
CREDITORS
Amounts falling due within one year 6 166 257
NET CURRENT ASSETS 6,883 116,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,750

138,758

PROVISIONS FOR LIABILITIES 2,129 6,724
NET ASSETS 22,621 132,034

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 22,619 132,032
SHAREHOLDERS' FUNDS 22,621 132,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:



Ms J Ryle - Director


TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Terramundi Money Pots Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 March 2023
and 28 February 2024 9,585 191,496 124,213
DEPRECIATION
At 1 March 2023 9,585 191,496 118,884
Charge for year - - 1,332
At 28 February 2024 9,585 191,496 120,216
NET BOOK VALUE
At 28 February 2024 - - 3,997
At 28 February 2023 - - 5,329

TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023
and 28 February 2024 130,661 41,268 497,223
DEPRECIATION
At 1 March 2023 116,941 38,324 475,230
Charge for year 2,058 736 4,126
At 28 February 2024 118,999 39,060 479,356
NET BOOK VALUE
At 28 February 2024 11,662 2,208 17,867
At 28 February 2023 13,720 2,944 21,993

5. DEBTORS
28.2.24 28.2.23
£    £   
Amounts falling due within one year:
Trade debtors 593 69,623

Amounts falling due after more than one year:
Other debtors - 9,200

Aggregate amounts 593 78,823

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Other creditors 166 257