Abbreviated Company Accounts - TERRA FIRMA ARCHITECTURE LIMITED

TERRA FIRMA ARCHITECTURE LIMITED - Company Information

Registered Number 06525240

TERRA FIRMA ARCHITECTURE LIMITED

Abbreviated Accounts

31 March 2015

TERRA FIRMA ARCHITECTURE LIMITED Registered Number 06525240

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	109	164
		109	164
Current assets
Stocks		500	500
Debtors		22,736	18,988
Cash at bank and in hand		151,132	206,166
		174,368	225,654
Creditors: amounts falling due within one year		(157,714)	(215,703)
Net current assets (liabilities)		16,654	9,951
Total assets less current liabilities		16,763	10,115
Total net assets (liabilities)		16,763	10,115
Capital and reserves
Called up share capital		1	1
Profit and loss account		16,762	10,114
Shareholders' funds		16,763	10,115

For the year ending 31 March 2015 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 22 December 2015

And signed on their behalf by:
Mrs. G. Feingold-West, Director

TERRA FIRMA ARCHITECTURE LIMITED Registered Number 06525240

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Computer Equipment - 33% Straight line
Equipment - 25% Straight line

Other accounting policies
Work in Progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2Tangible fixed assets

	£
Cost
At 1 April 2014	5,402
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	5,402
Depreciation
At 1 April 2014	5,238
Charge for the year	55
On disposals	-
At 31 March 2015	5,293
Net book values
At 31 March 2015	109
At 31 March 2014	164