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Registration number: 09661883

Terre Limited
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 30 November 2025

Terre Limited

Contents

Company Information | 1
Accountants' Report | 2
Abridged Balance Sheet | 3 to 4
Notes to the Unaudited Abridged Financial Statements | 5 to 7

Terre Limited

Company Information

Director | Miss S Gant

Registered office | Office 405 182-184 High Street High Street North London E6 2JA

Accountants | SDT Accounting and Taxation Services Ltd Chartered Certified Accountant26 Beechwood Avenue Chatham Kent ME5 7HH

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Terre Limited
for the Year Ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Terre Limited for the year ended 30 November 2025 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Terre Limited, as a body, in accordance with the terms of our engagement letter dated 13 May 2021. Our work has been undertaken solely to prepare for your approval the accounts of Terre Limited and state those matters that we have agreed to state to the Board of Directors of Terre Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Terre Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Terre Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Terre Limited. You consider that Terre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Terre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

SDT Accounting and Taxation Services Ltd
Chartered Certified Accountant
26 Beechwood Avenue
Chatham
Kent
ME5 7HH

6 March 2026

Terre Limited

(Registration number: 09661883)
Abridged Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Stocks | 4 | 2,763 | 3,148
Cash at bank and in hand |  | 195 | 564
|  | 2,958 | 3,712
Creditors: Amounts falling due within one year |  | (5,235) | (3,515)
Total assets less current liabilities |  | (2,277) | 197
Accruals and deferred income |  | (850) | (850)
Net liabilities |  | (3,127) | (653)
Capital and reserves |  |  |
Called up share capital |  | - | 1
Retained earnings |  | (3,127) | (654)
Shareholders' deficit |  | (3,127) | (653)

For the financial year ending 30 November 2025 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 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Terre Limited

(Registration number: 09661883)
Abridged Balance Sheet as at 30 November 2025

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 5 March 2026

Miss S Gant
Director

Terre Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

1 | General information

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

The address of its registered office is:
Office 405
182-184 High Street
High Street North
London
E6 2JA
England

These financial statements were authorised for issue by the director on 5 March 2026.

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 abridged 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 abridged 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.

Going concern

The financial statements have been prepared on a going concern basis.

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.

Terre Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

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 year, was 1 (2024 - 1).

4 | Stocks

| 2025 £ | 2024 £
Closing stock | 2,763 | 3,148

Terre Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

5 | Related party transactions

Included in other creditors, there is a director's loan account balance of £3,515 (2023: £8,633).