IRIS Accounts Production v24.3.0.553 03071568 director 1.6.23 31.5.24 31.5.24 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030715682023-05-31030715682024-05-31030715682023-06-012024-05-31030715682022-05-31030715682022-06-012023-05-31030715682023-05-3103071568ns15:EnglandWales2023-06-012024-05-3103071568ns14:PoundSterling2023-06-012024-05-3103071568ns10:Director12023-06-012024-05-3103071568ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3103071568ns10:Micro-entities2023-06-012024-05-3103071568ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3103071568ns10:FullAccounts2023-06-012024-05-3103071568ns5:CurrentFinancialInstruments2024-05-3103071568ns5:CurrentFinancialInstruments2023-05-3103071568ns10:RegisteredOffice2023-06-012024-05-31030715681ns10:Director12023-05-31030715681ns10:Director12022-05-31030715681ns10:Director12023-06-012024-05-31030715681ns10:Director12022-06-012023-05-31030715681ns10:Director12024-05-31030715681ns10:Director12023-05-31
REGISTERED NUMBER: 03071568 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Theory B Limited

Theory B Limited (Registered number: 03071568)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Balance Sheet 1


Theory B Limited (Registered number: 03071568)

Balance Sheet
31 May 2024

2024 2023
£    £   
CURRENT ASSETS 74,383 46,536

CREDITORS
Amounts falling due within one year (16,770 ) (11,973 )
NET CURRENT ASSETS 57,613 34,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,613

34,563

CAPITAL AND RESERVES 57,613 34,563

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Theory B Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03071568

Registered office: Manor House
Laytham
Yorkshire
YO42 4PR

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
H R A Berry
Balance outstanding at start of year 31,517 20,305
Amounts advanced 56,374 38,674
Amounts repaid (33,818 ) (27,462 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 54,073 31,517

The company operated a current account facility with the director, the facility provided is unsecured and remains repayable upon demand, interest is charged when the facility exceeds £10,000 at the HM Revenue and Customs beneficial loan rates.



Theory B Limited (Registered number: 03071568)

Balance Sheet - continued
31 May 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 11 February 2025 and were signed by:





H R A Berry - Director