Tierra Developments Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Tierra Developments Limited

Company Information

Director

Mr. D A Harvey

Registered office

Kings Works Kings Road Teddington Middlesex TW11 0QB

Accountants

Grays Accountants Ltd

Tierra Developments Limited

(Registration number: 08808231)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	-	358
Current assets
Debtors		4,750	-
Cash at bank and in hand		3,138	1,246
		7,888	1,246
Creditors: Amounts falling due within one year	5	(1,347,695)	(1,256,614)
Net current liabilities		(1,339,807)	(1,255,368)
Total assets less current liabilities		(1,339,807)	(1,255,010)
Creditors: Amounts falling due after more than one year	5	(19,476)	(29,702)
Net liabilities		(1,359,283)	(1,284,712)
Capital and reserves
Called up share capital		100	100
Retained earnings		(1,359,383)	(1,284,812)
Shareholders' deficit		(1,359,283)	(1,284,712)

For the financial year ending 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:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his 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 30 September 2025
 

Tierra Developments Limited

(Registration number: 08808231)
Balance Sheet as at 31 December 2024

......................................... Mr. D A Harvey Director

Tierra Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

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

The address of its registered office is:
Kings Works
Kings Road
Teddington
Middlesex
TW11 0QB
England

These financial statements were authorised for issue by the director on 30 September 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tierra Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

Tierra Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 January 2024	4,143	4,143
At 31 December 2024	4,143	4,143
Depreciation
At 1 January 2024	3,785	3,785
Charge for the year	358	358
At 31 December 2024	4,143	4,143
Carrying amount
At 31 December 2024	-	-
At 31 December 2023	358	358

5

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings		697,500	605,000
Amounts owed to group undertakings and undertakings in which the company has a participating interest	6	81,234	19,791
Taxation and social security		25,896	22,978
Other creditors		543,065	608,845
		1,347,695	1,256,614

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings		19,476	29,702

Tierra Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6	Ultimate controlling party

The controlling party and ultimate controlling party is D A Harvey, the director.