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Registration number: 15294690

Terralink (Holdings) Ltd

Unaudited Financial Statements

for the Period from 20 November 2023 to 30 November 2024

 

Terralink (Holdings) Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Terralink (Holdings) Ltd

Company Information

Director

Mrs D Bandoquillo

Registered office

Unit 3 Cuckoo Wharf
427 Lichfield Road
Birmingham
B6 7SS

Accountants

Erdingsworth Business & Tax Advisors Unit 3 Cuckoo Wharf
427 Lichfield Road
Birmingham
B6 7SS

 

Terralink (Holdings) Ltd

(Registration number: 15294690)
Balance Sheet as at 30 November 2024

Note

2024
£

Fixed assets

 

Other financial assets

4

67,267

Current assets

 

Cash at bank and in hand

 

1

Creditors: Amounts falling due within one year

5

(67,267)

Net current liabilities

 

(67,266)

Net assets

 

1

Capital and reserves

 

Called up share capital

6

1

Shareholders' funds

 

1

For the financial period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 February 2025
 

.........................................
Mrs D Bandoquillo
Director

 

Terralink (Holdings) Ltd

Notes to the Unaudited Financial Statements for the Period from 20 November 2023 to 30 November 2024

1

General information

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

The address of its registered office is:
Unit 3 Cuckoo Wharf
427 Lichfield Road
Birmingham
B6 7SS

These financial statements were authorised for issue by the director on 6 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Terralink (Holdings) Ltd

Notes to the Unaudited Financial Statements for the Period from 20 November 2023 to 30 November 2024 (continued)

2

Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Terralink (Holdings) Ltd

Notes to the Unaudited Financial Statements for the Period from 20 November 2023 to 30 November 2024 (continued)

4

Other financial assets (current and non-current)

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

Additions

67,267

67,267

At 30 November 2024

67,267

67,267

Impairment

Carrying amount

At 30 November 2024

67,267

67,267

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

67,267

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary Shares of £1 each

1

1