Terraforte Ltd - Accounts

Terraforte Ltd
Statement of Financial Position
As at 31 January 2026

	2026		2025
	£	£	£	£
Fixed assets		757		947
Current assets	23,867		5,511
Creditors: amount falling due within one year	(30,454)		(11,208)
Net current assets		(6,587)		(5,697)
Total assets less current liabilities		(5,830)		(4,750)
Net assets		(5,830)		(4,750)


Capital and reserves		(5,830)		(4,750)

NOTES TO THE ACCOUNTS

General Information

Terraforte Ltd is a private company, limited by shares, registered in England and Wales, registration number 12416912, registration address 19 Crawford Street, London, England, W1H 1PJ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

At 31 January 2026, the company had net current liabilities of £6,587. The director intends to recover amounts owed by related companies and settle amounts owed to related companies. The director has confirmed that he will provide financial support where required for at least twelve months from the date of approval of these financial statements. Having considered the expected timing of receipts and payments and the availability of that support, the director considers it appropriate to prepare the financial statements on a going concern basis.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

20% Reducing Balance

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 February 2025	1,849	1,849
Additions	-	-
Disposals	-	-
At 31 January 2026	1,849	1,849
Depreciation
At 01 February 2025	902	902
Charge for year	190	190
On disposals	-	-
At 31 January 2026	1,092	1,092
Net book values
Closing balance as at 31 January 2026	757	757
Opening balance as at 01 February 2025	947	947

3.	Average number of employees including directors Average number of employees during the period was 1 (2025 : 1).

For the year ended 31 January 2026 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.

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

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 31 October 2026 and were signed by:

--------------------------------
Anthony Tejuoso
Director