Company registration number 15453305 (England and Wales)
TERRA TASKS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
PAGES FOR FILING WITH REGISTRAR
TERRA TASKS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
TERRA TASKS LIMITED
BALANCE SHEET
AS AT
30 APRIL 2026
30 April 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
3
7,371
9,214
Tangible assets
4
8,343
5,469
15,714
14,683
Current assets
Debtors
5
270,013
26,647
Cash at bank and in hand
15,091
20,528
285,104
47,175
Creditors: amounts falling due within one year
6
(370,613)
(152,681)
Net current liabilities
(85,509)
(105,506)
Net liabilities
(69,795)
(90,823)
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
(70,795)
(91,823)
Total equity
(69,795)
(90,823)

For the financial year ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 30 June 2026
Mr Ryan Franklin-Smith
Director
Company registration number 15453305 (England and Wales)
TERRA TASKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
- 2 -
1
Accounting policies
Company information

Terra Tasks Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 7A, Building 6, Croxley Park, Hatters Lane, Watford, Hertfordshire, WD18 8YH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT. Revenue is recognised as services are provided.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website Development
20% straight line
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
33% reducing balance
Computers
33% reducing balance

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.

TERRA TASKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 3 -
1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

TERRA TASKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 4 -
1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
4
4
3
Intangible fixed assets
Website Development
£
Cost
At 1 May 2025 and 30 April 2026
9,214
Amortisation and impairment
At 1 May 2025
-
0
Amortisation charged for the year
1,843
At 30 April 2026
1,843
Carrying amount
At 30 April 2026
7,371
At 30 April 2025
9,214
TERRA TASKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2025
5,888
Additions
5,610
At 30 April 2026
11,498
Depreciation and impairment
At 1 May 2025
419
Depreciation charged in the year
2,736
At 30 April 2026
3,155
Carrying amount
At 30 April 2026
8,343
At 30 April 2025
5,469
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
161,146
-
0
Amounts owed by group undertakings
107,497
-
0
Other debtors
1,370
26,647
270,013
26,647
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
4,915
-
0
Trade creditors
34,001
31,375
Taxation and social security
55,768
11,084
Other creditors
275,929
110,222
370,613
152,681
2026-04-30 2025-05-01 false false false 03 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr R Franklin-Smith 15453305 2025-05-01 2026-04-30 15453305 2026-04-30 15453305 2025-04-30 15453305 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2026-04-30 15453305 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-04-30 15453305 core:OtherPropertyPlantEquipment 2026-04-30 15453305 core:OtherPropertyPlantEquipment 2025-04-30 15453305 core:CurrentFinancialInstruments core:WithinOneYear 2026-04-30 15453305 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 15453305 core:CurrentFinancialInstruments 2026-04-30 15453305 core:CurrentFinancialInstruments 2025-04-30 15453305 core:ShareCapital 2026-04-30 15453305 core:ShareCapital 2025-04-30 15453305 core:RetainedEarningsAccumulatedLosses 2026-04-30 15453305 core:RetainedEarningsAccumulatedLosses 2025-04-30 15453305 bus:Director1 2025-05-01 2026-04-30 15453305 core:IntangibleAssetsOtherThanGoodwill 2025-05-01 2026-04-30 15453305 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-05-01 2026-04-30 15453305 core:FurnitureFittings 2025-05-01 2026-04-30 15453305 core:ComputerEquipment 2025-05-01 2026-04-30 15453305 2024-01-30 2025-04-30 15453305 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-04-30 15453305 core:OtherPropertyPlantEquipment 2025-04-30 15453305 core:OtherPropertyPlantEquipment 2025-05-01 2026-04-30 15453305 bus:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 15453305 bus:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 15453305 bus:FRS102 2025-05-01 2026-04-30 15453305 bus:AuditExemptWithAccountantsReport 2025-05-01 2026-04-30 15453305 bus:FullAccounts 2025-05-01 2026-04-30 xbrli:pure xbrli:shares iso4217:GBP