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Registration number: 01298404

Abbottsland Limited

Report and Accounts

for the Year Ended 31 December 2014
 

 

Abbottsland Limited
Directors' Report for the Year Ended 31 December 2014

The directors present their report and accounts for the year ended 31 December 2014.

Directors

The directors who held office during the year and up to the date of signing were as follows:

S.N. Corbin

S.L. Jenner

P. Thorn

Approved by the Board on 28 January 2015 and signed on its behalf by:

.........................................
P. Thorn
Director

Registered Office: 2nd Floor, Aldgate House, 33 Aldgate High Street, London, EC3N 1DL.

Page 1

 

Abbottsland Limited
(Registration number: 01298404)
Balance Sheet as at 31 December 2014

   

Note

    

2014
£

    

2013
£

  

Fixed assets

  

             

Investments

  

2

   

775,288

   

775,288

 

Capital and reserves

  

             

Called up share capital

 

3

   

10,150

   

10,150

 

Share premium account

  

   

294,420

   

294,420

 

Profit and loss account

  

   

470,718

   

470,718

 

Shareholders' funds

  

   

775,288

   

775,288

 

For the year ended 31 December 2014 the Company was entitled to the exemption under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit in accordance with section 476(2) of the Companies Act 2006.

The directors acknowledge their responsibilities for:(a) ensuring the Company keeps accounting records which comply with Section 386; and(b) preparing accounts which give a true and fair view of the state of affairs of the Company as at the end of the financial year, and of its profit and loss for the financial year, in accordance with the requirements of Section 393, and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the Company.

Approved and authorised for issue by the Board on 28 January 2015 and signed on its behalf by:

.........................................
P. Thorn
Director

Page 2

 

Abbottsland Limited
Notes to the Financial Statements for the Year Ended 31 December 2014
......... continued

1

Accounting policies

Basis of preparation
 

The financial statements have been prepared under the historical cost convention in accordance with applicable UK accounting standards and on a basis consistent with the previous year.
 

Trading status

The Company has not traded during the year or the previous year, has incurred no liabilities and, consequently, has made neither profit nor loss. None of the directors received any emoluments in respect of their services to the Company.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

2

Investments

Shares in group undertakings and participating interests

 

Subsidiary undertakings
£

  

Cost

  

 

At 1 January 2014

  

775,288

 

At 31 December 2014

  

775,288

 

Net book value

  

 

At 31 December 2014

  

775,288

 

At 31 December 2013

  

775,288

 

The directors are of the opinion that the value of the Company’s investments is not less than the value at which it is stated in the balance sheet.

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Abbottsland Limited
Notes to the Financial Statements for the Year Ended 31 December 2014
......... continued

Details of undertakings

Details of the investments in which the Company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Holding

Proportion of voting rights and shares held

Principal activity

Subsidiary undertakings

VOB 21 Limited

Ordinary shares

100%

Dormant

VOB 23 Limited

Ordinary shares

100%

Dormant

3

Called up share capital

Allotted, called up and fully paid shares

 

2014

2013

   

No.

   

£

   

No.

   

£

 

Shares of £1 each

 

10,150

   

10,150

   

10,150

   

10,150

 
                         

4

Company status and ultimate parent undertaking

The Company's immediate parent company is Thomson Information & Publishing Holdings Limited. Within the meaning of the Companies Act 2006 (“CA2006”), Thomson Investments Limited (“TIL”) is regarded by the Directors of the Company as being the Company’s ultimate parent company and controlling party. Within the meaning of CA2006, Thomson Reuters Corporation (“Thomson Reuters”) is the parent undertaking of the only group of undertakings for which group accounts were drawn up and of which the Company was a member for the period ended 31 December 2014. TIL and Thomson Reuters are incorporated under the laws of the Province of Ontario, Canada.

Copies of the Thomson Reuters annual reports are available from: The Thomson Reuters Building, 30 South Colonnade, Canary Wharf, London, E14 5EP, and online at www.thomsonreuters.com.

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