ABP Nominees Limited 02508040 true false 0 2016-01-01 2016-12-31 The directors acknowledge their responsibilities for: (a) ensuring that the company keeps accounting records which comply with section 386 and 387 of the Companies Act 2006; and (b) preparing accounts 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 accounts, so far as applicable to the company. 02508040 2016-01-01 2016-12-31 02508040 2015-12-31 02508040 2016-12-31 02508040 uk-bus:Director1 2016-01-01 2016-12-31 02508040 uk-bus:Director2 2016-01-01 2016-12-31 02508040 uk-bus:OrdinaryShareClass1 2016-01-01 2016-12-31 02508040 uk-bus:OrdinaryShareClass1 2016-12-31 02508040 uk-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP xbrli:shares
Registered Number: 02508040

ABP Nominees Limited

Report of Directors and Abbreviated Company Accounts

31 December 2016
ABP Nominees Limited Registered Number: 02508040

REPORT OF DIRECTORS

The directors present their report and accounts for the year ended 31 December 2016.


Review of Business

The company is dormant and has not traded during the financial year or subsequent to the year end.


Directors

The following persons served as directors during the year:
George Sebastian Matthew Bull
Huw Einar Turner

Approved by the board on 15 May 2017 and signed on its behalf by:




George Sebastian Matthew Bull

Director
ABP Nominees Limited Registered Number: 02508040

PROFIT AND LOSS ACCOUNT

for the year ended 31 December 2016


The company is dormant and has not traded during the year.

The company received no income and incurred no expenditure in the year and therefore did not make either a profit or loss.
ABP Nominees Limited Registered Number: 02508040

BALANCE SHEET

as at 31 December 2016
  Notes   2016   2015
      £   £
Fixed assets
Investments 2   103,397,000   103,397,000
Current Assets
Creditors
Total assets less current liabilities     103,397,000   103,397,000
Creditors: amounts falling due after more than one year 3   (103,396,998)   (103,396,998)
Total net assets (liabilities)     2   2
 
Capital and reserves
Called up share capital 4   2   2
Total Shareholder's funds     2   2


The company was entitled to exemption under section 480 of the Companies Act 2006 for the year ended 31 December 2016.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

  1. ensuring that the company keeps accounting records which comply with section 386 and 387 of the Companies Act 2006; and
  2. preparing accounts 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 accounts, so far as applicable to the company.
The abbreviated accounts have been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies.

The accounts were approved by the board on 15 May 2017 and signed on its behalf by:




George Sebastian Matthew Bull

Director
ABP Nominees Limited Registered Number: 02508040

NOTES TO THE ACCOUNTS

for the year ended 31 December 2016
1 Accounting policies
  The accounts have been prepared in accordance with the provisions of the Financial Reporting Standard applicable in the UK and Republic of Ireland, Section 1A Small Entities.

Consolidation exemption:
These separate financial statements contain information about ABP Nominees Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken advantage of the exemption available under s400 of the Companies Act 2006 from the requirement to prepare consolidated financial statements.

Other creditors are recognised initially at fair value and subsequently measured at amortised cost, using the effective interest method.
 
2 Investments (fixed assets)
  Investments relate to investments in subsidiary undertakings stated at cost, at £103,397,000 (2015: £103,397,000).
 
3 Creditors : amounts falling due after more than one year
 
  2016   2015
  £   £
Other creditors 103,396,998   103,396,998
 
  The balance consists of non-interest bearing amounts due to related parties, having no fixed terms of repayment. Amounts have been included in non-current creditors to in the balance sheet to reflect the expected repayment timing at the respective balance sheet date.

Amounts due to Associated British Holdings Limited of £41,060,998 (2015: £41,060,998).

Amounts due to Grosvenor Waterside (Holdings) Limited of £62,336,000 (2015: £62,336,000).
 
4 Share capital
 
  2016   2015
  £   £
Allotted, called up and fully paid
2 Ordinary shares of £1 each 2   2
 
Profit and loss account
  The company has not traded during the years ended 31 December 2016 and 2015; consequently no income statement has been presented.
 
5 Transactions with directors
  The directors believe that their services to the company are incidental to their role as executives for other group companies and therefore consider that they receive no remuneration in respect of qualifying services to this company (2016: £nil).
 
6 Related party disclosures
  There were no related party transactions during the year or prior year. Amounts due to group undertaking arose in previous years to Associated British Holdings Limited and Grosvenor Waterside (Holdings) Limited.
 
7 Controlling party
  The company is a limited liability company registered in England and Wales.

The company's immediate parent company is Associated British Ports Holdings Limited.

The company's intermediate parent undertaking is Associated British Ports Holdings Limited (“ABPH”) which produces IFRS financial statements that are available from its registered office at 25 Bedford Street, London, WC2E 9ES. The consolidated financial statements of ABPAH are the smallest group in which the company is included.

The ultimate parent undertaking and controlling party is ABP (Jersey) Limited, which produces IFRS consolidated financial statements that are available from 44 Esplanade, St Helier, Jersey, JE4 9WG. The consolidated financial statements of ABP (Jersey) Limited are the largest group in which the company is included.