Registration number:
TERRAFOUNDRY LIMITED
for the Year Ended 28 February 2019
2nd Floor The Port House
Marina Keep
Port Solent
Hampshire
PO6 4TH
TERRAFOUNDRY LIMITED
Contents
Company Information |
|
Director's Report |
|
Balance Sheet |
|
Notes to the Financial Statements |
TERRAFOUNDRY LIMITED
Company Information
Director |
Adam Kenneth Dean |
Registered office |
|
Accountants |
|
Page 1 |
TERRAFOUNDRY LIMITED
Director's Report for the Year Ended 28 February 2019
The director presents his report and the financial statements for the year ended 28 February 2019.
This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Director of the company
The director who held office during the year was as follows:
Going concern
The financial statements have been prepared on a going concern basis.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
.........................................
Adam Kenneth Dean
Director
Page 2 |
TERRAFOUNDRY LIMITED
(Registration number: 10602641)
Balance Sheet as at 28 February 2019
2019 |
2018 |
|
Fixed assets |
|
|
Current assets |
|
|
Creditors: Amounts falling due within one year |
( |
( |
Net current assets |
|
|
|
|
|
Capital and reserves |
|
|
Page 3 |
TERRAFOUNDRY LIMITED
(Registration number: 10602641)
Balance Sheet as at 28 February 2019
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 28 February 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
Adam Kenneth Dean
Director
Page 4 |
TERRAFOUNDRY LIMITED
Notes to the Financial Statements for the Year Ended 28 February 2019
General information |
The company is a private company limited by share capital, incorporated in England & Wales .
The address of its registered office is:
England
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Accounting Policies |
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Computer Equipment |
Straight line over 2 & 4 years |
Related party transactions |
Transactions with director |
2019 |
At 1 March 2018 |
Advances to director |
At 28 February 2019 |
Adam Kenneth Dean |
|||
Interest free loan |
(700) |
|
( |
2018 |
Advances to directors |
Repayments by directors |
At 28 February 2018 |
Adam Kenneth Dean |
|||
Interest free loan |
|
( |
( |
Page 5 |
TERRAFOUNDRY LIMITED
Notes to the Financial Statements for the Year Ended 28 February 2019
Staff |
The average number of persons employed by the company (including the director) during the year, analysed by category was as follows:
2019 |
2018 |
|
Administration and support |
|
|
Page 6 |