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Company Registration No. 14305249 (England and Wales)
TERRA NRG LIMITED Unaudited accounts for the year ended 31 August 2024
TERRA NRG LIMITED Unaudited accounts Contents
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TERRA NRG LIMITED Company Information for the year ended 31 August 2024
Directors
David Bedford Lucy Bedford
Company Number
14305249 (England and Wales)
Registered Office
Lloyds Bank Chambers 30 High Street Crediton Devon EX17 3AH England
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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TERRA NRG LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,274 
4,003 
Current assets
Debtors
41,128 
37,918 
Cash at bank and in hand
63,733 
29,491 
104,861 
67,409 
Creditors: amounts falling due within one year
(55,539)
(40,655)
Net current assets
49,322 
26,754 
Net assets
52,596 
30,757 
Capital and reserves
Called up share capital
100 
- 
Profit and loss account
52,496 
30,757 
Shareholders' funds
52,596 
30,757 
For the year ending 31 August 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 5 February 2025 and were signed on its behalf by
David Bedford Director Company Registration No. 14305249
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TERRA NRG LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
TERRA NRG LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14305249. The registered office is Lloyds Bank Chambers, 30 High Street, Crediton, Devon, EX17 3AH, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance basis
Computer equipment
25% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
2,311 
2,564 
4,875 
At 31 August 2024
2,311 
2,564 
4,875 
Depreciation
At 1 September 2023
231 
641 
872 
Charge for the year
208 
521 
729 
At 31 August 2024
439 
1,162 
1,601 
Net book value
At 31 August 2024
1,872 
1,402 
3,274 
At 31 August 2023
2,080 
1,923 
4,003 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,128 
37,918 
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TERRA NRG LIMITED Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10,204 
13,338 
Trade creditors
10,113 
- 
Taxes and social security
34,608 
23,105 
Loans from directors
614 
4,212 
55,539 
40,655 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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