Abbreviated Company Accounts - TERRASOFT GLOBAL LTD

Abbreviated Company Accounts - TERRASOFT GLOBAL LTD


Registered Number 06648693

TERRASOFT GLOBAL LTD

Abbreviated Accounts

31 July 2014

TERRASOFT GLOBAL LTD Registered Number 06648693

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Current assets
Debtors 83,183 403,694
Cash at bank and in hand 203,166 115,643
286,349 519,337
Creditors: amounts falling due within one year (161,103) (432,387)
Net current assets (liabilities) 125,246 86,950
Total assets less current liabilities 125,246 86,950
Total net assets (liabilities) 125,246 86,950
Capital and reserves
Called up share capital 1 1
Profit and loss account 125,245 86,949
Shareholders' funds 125,246 86,950
  • For the year ending 31 July 2014 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 April 2015

And signed on their behalf by:
Mrs Larisa STRUKOVA, Director

TERRASOFT GLOBAL LTD Registered Number 06648693

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the date of the balance sheet.