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Registered Number: 14521338


 

 

 

TERRAFORM VENTURES LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

TERRAFORM VENTURES LTD
Contents Page
For the year ended 31 December 2024
 
 		 Notes
 		 2024
£		   2023
£
Current assets      
Debtors 3 100,823    0 
Cash at bank and in hand 239,479    266,724 
340,302    266,724 
Creditors: amount falling due within one year 4 (57,749)   (84,616)
Net current assets 282,553    182,108 
 
Total assets less current liabilities 282,553    182,108 
Net assets 282,553    182,108 
 

Capital and reserves 		     
Called up share capital 100    100 
Profit and loss account 282,453    182,008 
Shareholders' funds 282,553    182,108 
 


For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.
The financial statements were approved by the director on 03 September 2025 and were signed by:


-------------------------------
Mr Michele Tarawneh
Director
1
General Information
TERRAFORM VENTURES LTD is a private company, limited by shares, registered in , registration number 14521338, registration address 30 GORDON PLACE, LONDON ENGLAND, London, W8 4JE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 0).
3.

Debtors: amounts falling due within one year

2024
£		   2023
£
Directors' Current Accounts 100,823    0 
100,823    0 

4.

Creditors: amount falling due within one year

2024
£		   2023
£
Trade Creditors 4,433    4,433 
Corporation Tax 31,490    54,457 
Directors' Current Accounts 0    19,168 
VAT Control Account 21,826    6,558 
57,749    84,616 

2