REGISTERED NUMBER: 02102742 (England and Wales)

Financial Statements

for the Year Ended 31 October 2025

for

Terratrip (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E G Cartwright

M L Cartwright

J H Cartwright

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

02102742 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

15,556

14,409

CURRENT ASSETS

Stocks

101,646

127,813

Debtors

5

129,461

77,795

Cash at bank

814,179

887,049

1,045,286

1,092,657

CREDITORS

Amounts falling due within one year

6

119,578

57,606

NET CURRENT ASSETS

925,708

1,035,051

TOTAL ASSETS LESS CURRENT LIABILITIES

941,264

1,049,460

CAPITAL AND RESERVES

Called up share capital

2

2

Capital redemption reserve

98

98

Retained earnings

941,164

1,049,360

SHAREHOLDERS' FUNDS

941,264

1,049,460

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

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

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

E G Cartwright - Director

1.	STATUTORY INFORMATION

Terratrip (UK) Limited 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.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the agreed upon payment will be received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and equipment

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for slow moving and obsolete items. Cost represents the invoiced cost of materials and parts on a first in first out basis and an appropriate amount of fixed and variable overheads.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 November 2024

52,557

11,737

64,294

Additions

3,625

903

4,528

At 31 October 2025

56,182

12,640

68,822

DEPRECIATION

At 1 November 2024

41,001

8,884

49,885

Charge for year

2,277

1,104

3,381

At 31 October 2025

43,278

9,988

53,266

NET BOOK VALUE

At 31 October 2025

12,904

2,652

15,556

At 31 October 2024

11,556

2,853

14,409

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

55,470

28,065

Other debtors

71,917

47,656

Tax

2,074

2,074

129,461

77,795

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

73,970

18,744

Tax

24,593

-

Social security and other taxes

-

291

Other creditors

21,015

38,571

119,578

57,606