Company registration number 12046549 (England and Wales)
THEE LY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
THEE LY LIMITED
COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024
Director
L Young
Company number
12046549
Registered office
88/90 Baker Street
London
W1U 6TQ
Accountants
Dales Evans & Co Limited
Chartered Accountants
88/90 Baker Street
London
W1U 6TQ
THEE LY LIMITED
CONTENTS
FOR THE YEAR ENDED 30 JUNE 2024
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
THEE LY LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THEE LY LIMITED FOR THE YEAR ENDED 30 JUNE 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thee LY Limited for the year ended 30 June 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Thee LY Limited, as a body, in accordance with the terms of our engagement letter dated 13 February 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Thee LY Limited and state those matters that we have agreed to state to the board of directors of Thee LY Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thee LY Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Thee LY Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Thee LY Limited 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 financial statements of Thee LY Limited. 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 financial statements.
............................................................
28 March 2025
Dales Evans & Co Limited
Date
Chartered Accountants
88/90 Baker Street
London
W1U 6TQ
THEE LY LIMITED
BALANCE SHEET
- 2 -
2024
2023
£
£
£
£
Fixed assets
2,367
2,947
Current assets
136,626
256,692
Prepayments and accrued income
10,061
664
Creditors: amounts falling due within one year
(35,755)
(62,774)
Net current assets
110,932
194,582
Total assets less current liabilities
113,299
197,529
Accruals and deferred income
(24,798)
(28,500)
Net assets
88,501
169,029
Capital and reserves
88,501
169,029
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year Thee LY Limited loaned £19,421 (2023: £13,946) to the director. Furthermore the director made loan repayments of £465 (2023: £26,019). As at 30 June 2024 the director owed £19,120 (2023: £164) to Thee LY Limited. The loan was charged interest at 2.25% and is repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
Thee LY Limited is a private company limited by shares incorporated in England and Wales. The registered office is 88/90 Baker Street, London, W1U 6TQ.
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
THEE LY LIMITED
BALANCE SHEET (CONTINUED)
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 28 March 2025
L Young
Director
Company Registration Number 12046549