1 September 2024 v2025.7.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP143211532024-09-012024-12-31143211532024-12-3114321153bus:Director12024-09-012024-12-3114321153bus:RegisteredOffice2024-09-012024-12-311432115312024-09-012024-12-311432115312024-12-31143211532024-08-3114321153core:WithinOneYear2024-12-3114321153core:WithinOneYear2024-08-3114321153core:ShareCapital2024-12-3114321153core:ShareCapital2024-08-3114321153core:RevaluationReserve2024-12-3114321153core:RevaluationReserve2024-08-3114321153core:RetainedEarningsAccumulatedLosses2024-12-3114321153core:RetainedEarningsAccumulatedLosses2024-08-3114321153core:PatentsTrademarksLicencesConcessionsSimilar2024-09-012024-12-3114321153core:OtherResidualIntangibleAssets2024-09-012024-12-31143211532024-07-012024-08-3114321153core:IntangibleAssetsOtherThanGoodwill2024-09-0114321153core:IntangibleAssetsOtherThanGoodwill2024-09-012024-12-3114321153core:IntangibleAssetsOtherThanGoodwill2024-12-3114321153core:IntangibleAssetsOtherThanGoodwill2024-08-3114321153core:PlantMachinery2024-09-0114321153core:PlantMachinery2024-09-012024-12-3114321153core:PlantMachinery2024-08-311432115312024-09-012024-12-3114321153countries:EnglandWales2024-09-012024-12-3114321153bus:AuditExempt-NoAccountantsReport2024-09-012024-12-3114321153bus:PrivateLimitedCompanyLtd2024-09-012024-12-3114321153bus:SmallEntities2024-09-012024-12-3114321153bus:FullAccounts2024-09-012024-12-31
Company registration number:
14321153
Theatrico Limited
Unaudited Financial Statements for the period ended
31 December 2024
Theatrico Limited
Officers and Professional Advisers
Period ended
31 December 2024
Director
Mr Alexander Jones
Registered office
124 City Road
London
EC1V 2NX
United Kingdom
Bank
National Westminster Bank PLC
216 Bishopsgate
London
EC2M 4QB
United Kingdom
Theatrico Limited
Director's Report
Period ended
31 December 2024
The director presents the report and the unaudited
financial statements
of the company for the period from 1 September 2024 to 31 December 2024.

Change of company name

The name of the company was changed from
Theatrico Productions Ltd
to
Theatrico Limited
on
17 September 2024
.

Directors

The director who served the company during the period was as follows:
Mr Alexander Jones

Company Policy on the Employment of Disabled Persons

Theatrico Limited operates and enforces and Equal Opportunities Policy, which includes the company's policy with regard to members, shareholders and employees with disabilities.

Qualifying Indemnity Provision

Theatrico Limited is independently insured by UK Insurance Limited with regard to Public Liability.

Dormancy of Comparative Accounting Period

Theatrico Limited was dormant and did not trade during the comparative accounting period of this set of accounts.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
1 January 2025
and signed on behalf of the board by:
Mr Alexander Jones
Director
Theatrico Limited
Income Statement
Period ended
31 December 2024
Period from 1 Sep 2024 to 31 Dec 2024Period from 1 Jul 2024 to 31 Aug 2024
££
Turnover
15,303
  -  
Cost of sales
(6,137
) -  
Gross profit
9,166
  -  
Administrative expenses
(6,951
) -  
Operating profit
2,215
  -  
Profit before tax
2,215
  -  
Tax on profit -   -  
Profit for the financial period
2,215
  -  
Theatrico Limited
Statement of Financial Position
31 December 2024
31 Dec 202431 Aug 2024
Note££
Fixed assets    
Intangible assets 5
1,117
 
942
 
Tangible assets 6 -  
85
 
1,117
 
1,027
 
Current assets    
Debtors 7
462
 
195
 
Cash at bank and in hand
1,740
 
555
 
2,202
 
750
 
Creditors: amounts falling due within one year 8
(1,140
)
(163
)
Net current assets
1,062
 
587
 
Total assets less current liabilities 2,179   1,614  
Capital and reserves    
Called up share capital
100
 
1
 
Revaluation reserve
510
 
510
 
Profit and loss account
1,569
 
1,103
 
Shareholders funds
2,179
 
1,614
 
For the period ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
1 January 2025
, and are signed on behalf of the board by:
Mr Alexander Jones
Director
Company registration number:
14321153
Theatrico Limited
Notes to the Financial Statements
Period ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
124 City Road
,
London
,
EC1V 2NX
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Amortisation 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:
Patents, trademarks and licences
Independent Online Revaluation
Other intangible assets
Independent Online Revaluation

4 Average number of employees

The average number of persons employed by the company during the period was
1
(2024:
12
).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 September 2024
942
 
Additions
175
 
At
31 December 2024
1,117
 
Amortisation  
At
1 September 2024
and
31 December 2024
-  
Carrying amount  
At
31 December 2024
1,117
 
At 31 August 2024
942
 

Intangible assets held at valuation

In respect of intangible assets other than goodwill held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
31 Dec 202431 Aug 2024
££
Aggregate historical cost 1,117   905  
Carrying amount
1,117
 
905
 

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 September 2024
85
 
Disposals
(85
)
At
31 December 2024
-  
Depreciation  
At
1 September 2024
and
31 December 2024
-  
Carrying amount  
At
31 December 2024
-  
At 31 August 2024
85
 

7 Debtors

31 Dec 202431 Aug 2024
££
Other debtors
462
 
195
 

8 Creditors: amounts falling due within one year

31 Dec 202431 Aug 2024
££
Bank loans and overdrafts
225
 
163
 
Other creditors
915
  -  
1,140
 
163