Terra Verde Properties Limited - Accounts

Terra Verde Properties Limited - Accounts

TERRA VERDE PROPERTIES LIMITED - Company Information

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Terra Verde Properties Limited 09770248 Property Development false 1 October 2018 09770248 2018-10-01 2019-09-30 09770248 2018-09-30 09770248 2019-09-30 09770248 2017-10-01 2018-09-30 09770248 2017-09-30 09770248 2018-09-30 09770248 frs102-bus:FRS102 2018-10-01 2019-09-30 09770248 frs102-bus:PrivateLimitedCompanyLtd 2018-10-01 2019-09-30 09770248 frs102-bus:FullAccounts 2018-10-01 2019-09-30 09770248 frs102-bus:AuditExemptWithAccountantsReport 2018-10-01 2019-09-30 09770248 frs102-core:CurrentFinancialInstruments 2019-09-30 09770248 frs102-core:CurrentFinancialInstruments 2018-09-30 09770248 frs102-core:Non-currentFinancialInstruments 2019-09-30 09770248 frs102-core:Non-currentFinancialInstruments 2018-09-30 09770248 frs102-core:ShareCapital 2019-09-30 09770248 frs102-core:ShareCapital 2018-09-30 09770248 frs102-core:RetainedEarningsAccumulatedLosses 2019-09-30 09770248 frs102-core:RetainedEarningsAccumulatedLosses 2018-09-30 09770248 frs102-bus:Director1 2018-10-01 2019-09-30 09770248 frs102-core:FurnitureFittings 2018-10-01 2019-09-30 09770248 frs102-core:FurnitureFittings 2018-09-30 09770248 frs102-core:InvestmentPropertyIncludedWithinPPE 2018-09-30 09770248 frs102-core:FurnitureFittings 2019-09-30 09770248 frs102-core:InvestmentPropertyIncludedWithinPPE 2019-09-30 09770248 frs102-core:InvestmentPropertyIncludedWithinPPE 2018-10-01 2019-09-30 09770248 frs102-core:FurnitureFittings 2018-09-30 09770248 frs102-core:InvestmentPropertyIncludedWithinPPE 2018-09-30 09770248 frs102-bus:OrdinaryShareClass1 2019-09-30 09770248 frs102-bus:OrdinaryShareClass1 2018-09-30 09770248 frs102-bus:OrdinaryShareClass1 2018-10-01 2019-09-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09770248
Terra Verde Properties Limited
Unaudited Accounts
for the year ended
30 September 2019
Terra Verde Properties Limited
Balance Sheet
as at 30 September 2019
Notes
 2019
£		 2018
£
Fixed assets
Tangible assets 2 243,585 244,483
243,585 244,483
Current assets
Cash at bank and in hand 20,043 12,288
20,043 12,288
Prepayments and accrued income: 137 131
Creditors: amounts falling due within one year 3 (11,299) (6,256)
Net current assets / (liabilities) 8,881 6,163
Total assets less current liabilities 252,466 250,646
Creditors: amounts falling due after more than one year 4 (245,303) (249,303)
Accruals and deferred income (775) (120)
Total net assets (liabilities) 6,388 1,223
Capital and reserves
Called up share capital 5 100 100
Profit and loss account 6,288 1,123
Shareholders' funds 6,388 1,223

Terra Verde Properties Limited
Balance Sheet
as at 30 September 2019



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 September 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Ms T Padula

Director


Approved by the board on 21 January 2020

Company Number: 09770248 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

193a Ashley Road
Hale
Altrincham
WA15 9SQ
England

Terra Verde Properties Limited
Notes to the Accounts
for the year ended 30 September 2019

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures & Fittings 25% Straight Line
Investment property
Investment property is included at fair value, with any gains recognised in the profit and loss account for the period in which they occurred. Deferred tax is recognised on these gains at the rate expected to apply when the property is sold.
2. Tangible fixed assets
Fixtures & Fittings Investment properties Total
Cost or valuation £ £ £
At 1 October 2018 3,592 242,339 245,931
At 30 September 2019 3,592 242,339 245,931
Depreciation
At 1 October 2018 1,448 0 1,448
Charge for the period 898 0 898
At 30 September 2019 2,346 0 2,346
Net book value
At 30 September 2019 1,246 242,339 243,585
At 30 September 2018 2,144 242,339 244,483

3. Creditors: amounts falling due within one year
2019 2018
£ £
Taxation & social security 3,299 2,256
Other creditors 8,000 4,000
11,299 6,256

4. Creditors: amounts falling due after one year
2019 2018
£ £
Other 245,303 249,303
245,303 249,303

5. Share capital
2019 2018
£ £
Allotted, called up and fully paid:
100 (2018: 100) Ordinary shares of £1.00 each 100 100
100 100