Company Registration No. 12037735 (England and Wales)
THEORICA HOLDINGS LTD
Unaudited accounts
for the year ended 30 June 2025
THEORICA HOLDINGS LTD
Company Information
for the year ended 30 June 2025
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
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 2025
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 2025 as set out on pages
5 -
8 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
17 September 2025
THEORICA HOLDINGS LTD
Statement of financial position
as at 30 June 2025
Investments
110,001
290,001
Cash at bank and in hand
1,969
7,602
Creditors: amounts falling due within one year
(30,515)
(31,604)
Net current (liabilities)/assets
(18,021)
649,914
Total assets less current liabilities
92,681
941,104
Creditors: amounts falling due after more than one year
-
(552,500)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
92,547
388,603
Shareholders' funds
92,548
388,604
For the year ending 30 June 2025 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 17 September 2025 and were signed on its behalf by
Nicola Pedroni
Director
Company Registration No. 12037735
THEORICA HOLDINGS LTD
Notes to the Accounts
for the year ended 30 June 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in Euros.
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.
The Company does not carry on a trade and therefore has no turnover in the current year.
The Company’s income comprises investment income, including dividends received from subsidiary undertakings and other investments. Such income is recognised in the profit and loss account when the Company’s right to receive payment is established, the amount can be measured reliably, and it is probable that the economic benefits associated with the transaction will flow to the Company.
Interest income is recognised in profit or loss using the effective interest method.
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:
Transactions in foreign currencies are translated into Euros at the rate of exchange ruling on the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the balance sheet date. Exchange differences are recognised in the profit and loss account.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
THEORICA HOLDINGS LTD
Notes to the Accounts
for the year ended 30 June 2025
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, and short-term deposits with an original maturity of three months or less.
At 30 June 2025, cash and cash equivalents totalled €6895 (2024: €12540), comprising balances held with Revolut in GBP, EUR, and USD, and cash held in a Capital International account.
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4
Tangible fixed assets
Plant & machinery
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 July 2024
1
290,000
290,001
Additions
-
1,100,000
1,100,000
Disposals
-
(1,280,000)
(1,280,000)
Valuation at 30 June 2025
1
110,000
110,001
Amounts falling due after more than one year
Other debtors
10,525
673,916
THEORICA HOLDINGS LTD
Notes to the Accounts
for the year ended 30 June 2025
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
27,137
Loans from directors
28,015
4,467
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).