Company No:
Contents
DIRECTOR | D E Caygill |
REGISTERED OFFICE | 20-22 Wenlock Road |
London | |
England | |
N1 7GU | |
United Kingdom |
COMPANY NUMBER | 14223891 (England and Wales) |
ACCOUNTANT | Shaw Gibbs Limited |
Wey Court West | |
Union Road | |
Farnham | |
Surrey | |
GU9 7PT |
Note | 31.07.2024 | 31.07.2023 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 |
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9,290 | 0 | |||
Current assets | ||||
Debtors | 4 |
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Cash at bank and in hand | 5 |
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64,353 | 30,661 | |||
Creditors: amounts falling due within one year | 6 | (
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Net current assets | 16,475 | 19,150 | ||
Total assets less current liabilities | 25,765 | 19,150 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
The financial statements of Terra Further Ltd (registered number:
D E Caygill
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.
Terra Further Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 20-22 Wenlock Road, London, England, N1 7GU, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Plant and machinery etc. |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Year ended 31.07.2024 |
Period from 08.08.2022 to 31.07.2023 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 01 August 2023 |
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Additions |
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At 31 July 2024 |
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Accumulated depreciation | |||
At 01 August 2023 |
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Charge for the financial year |
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At 31 July 2024 |
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Net book value | |||
At 31 July 2024 |
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At 31 July 2023 |
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31.07.2024 | 31.07.2023 | ||
£ | £ | ||
Trade debtors |
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31.07.2024 | 31.07.2023 | ||
£ | £ | ||
Cash at bank and in hand |
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31.07.2024 | 31.07.2023 | ||
£ | £ | ||
Trade creditors |
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Taxation and social security |
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Other creditors |
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