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Company Registration No. 12037735 (England and Wales)
THEORICA HOLDINGS LTD Unaudited accounts for the year ended 30 June 2024
THEORICA HOLDINGS LTD Unaudited accounts Contents
Page
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THEORICA HOLDINGS LTD Company Information for the year ended 30 June 2024
Director
Nicola Pedroni
Company Number
12037735 (England and Wales)
Registered Office
A AND L, Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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THEORICA HOLDINGS LTD Accountants' report
Accountants' report to the director of THEORICA HOLDINGS LTD on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of THEORICA HOLDINGS LTD for the year ended 30 June 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of THEORICA HOLDINGS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of THEORICA HOLDINGS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THEORICA HOLDINGS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that THEORICA HOLDINGS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of THEORICA HOLDINGS LTD. You consider that THEORICA HOLDINGS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of THEORICA HOLDINGS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 12 March 2025
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THEORICA HOLDINGS LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,189 
1,187 
Investments
290,001 
3,530,001 
291,190 
3,531,188 
Current assets
Debtors
673,916 
7,041,571 
Cash at bank and in hand
7,602 
15,939 
681,518 
7,057,510 
Creditors: amounts falling due within one year
(31,604)
(1,187,402)
Net current assets
649,914 
5,870,108 
Total assets less current liabilities
941,104 
9,401,296 
Creditors: amounts falling due after more than one year
(552,500)
- 
Provisions for liabilities
Deferred tax
- 
(1,391)
Net assets
388,604 
9,399,905 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
388,603 
9,399,904 
Shareholders' funds
388,604 
9,399,905 
For the year ending 30 June 2024 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 12 March 2025 and were signed on its behalf by
Nicola Pedroni Director Company Registration No. 12037735
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THEORICA HOLDINGS LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
THEORICA HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 12037735. The registered office is A AND L, Suite 1-3 The Hop Exchange, 24 Southwark Street, London, SE1 1TY, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in Euros.
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
1,540 
Additions
413 
At 30 June 2024
1,953 
Depreciation
At 1 July 2023
353 
Charge for the year
411 
At 30 June 2024
764 
Net book value
At 30 June 2024
1,189 
At 30 June 2023
1,187 
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THEORICA HOLDINGS LTD Notes to the Accounts for the year ended 30 June 2024
5
Investments
Subsidiary undertakings 
Other investments 
Total 
£ 
£ 
£ 
Valuation at 1 July 2023
1 
3,530,000 
3,530,001 
Disposals
- 
(3,240,000)
(3,240,000)
Valuation at 30 June 2024
1 
290,000 
290,001 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
673,916 
7,041,571 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
27,137 
11,058 
Loans from directors
4,467 
1,176,344 
31,604 
1,187,402 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
552,500 
- 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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