REGISTERED NUMBER: 16013024 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 11 OCTOBER 2024 TO 31 OCTOBER 2025

FOR

TERRAWISE FAIRWOOD LAKES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R J S Black

REGISTERED OFFICE:

5 The Quadrant

Coventry

United Kingdom

CV1 2EL

REGISTERED NUMBER:

16013024 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

CURRENT ASSETS

Stocks

136,179

Debtors

4

20,162

Cash at bank

17,937

174,278

CREDITORS

Amounts falling due within one year

5

183,941

NET CURRENT LIABILITIES

(9,663

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,663

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(9,763

)

(9,663

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 July 2026 and were signed by:

R J S Black - Director

1.	STATUTORY INFORMATION

Terrawise Fairwood Lakes Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period 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.

Going concern

"The financial statements have been prepared on a going concern basis which the director considers to be appropriate.The company has director support to ensure that it meets its liabilities for a period of no less than 12 months from the approval of the financial statements . Consequently, the director is confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements and therefore have prepared them on a going concern basis."

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

100

Other debtors

20,062

20,162

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

60,767

Amounts owed to participating interests

113,486

Other creditors

9,688

183,941

6.	RELATED PARTY DISCLOSURES

At 31 October 2025 the company owed £113,486.97 (2024 Nil) to Terrawise Holdings Limited the parent company.