Company Registration No. 06648693 (England and Wales)
Terrasoft Global Ltd
Unaudited accounts
for the year ended 31 July 2017
Terrasoft Global Ltd
Unaudited accounts
Contents
Terrasoft Global Ltd
Company Information
for the year ended 31 July 2017
Directors
Andrii DOVGAN
Larisa STRUKOVA
Kateryna KOSTEREVA
Company Number
06648693 (England and Wales)
Registered Office
Suite 351
10 Great Russell Street
London
WC1B 3BQ
Terrasoft Global Ltd
Statement of financial position
as at 31 July 2017
Cash at bank and in hand
1,093,912
1,452,921
Creditors: amounts falling due within one year
(1,187,245)
(2,269,684)
Net current (liabilities)/assets
(25,456)
199,084
Net (liabilities)/assets
(25,456)
199,084
Called up share capital
1
1
Profit and loss account
(25,457)
199,083
Shareholders' funds
(25,456)
199,084
For the year ending 31 July 2017 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 April 2018.
Andrii DOVGAN
Director
Company Registration No. 06648693
Terrasoft Global Ltd
Notes to the Accounts
for the year ended 31 July 2017
Terrasoft Global Ltd is a private company, limited by shares, registered in England and Wales, registration number 06648693. The registered office is Suite 351, 10 Great Russell Street, London, WC1B 3BQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 July 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Trade debtors
67,877
78,367
5
Creditors: amounts falling due within one year
2017
2016
Trade creditors
349,255
2,261,749
Taxes and social security
19,282
7,935
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Terrasoft Global Ltd
Notes to the Accounts
for the year ended 31 July 2017
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).