British National Newspapers Limited - Period Ending 2013-12-31

Registration number: 00230960

British National Newspapers Limited

Report and Accounts

for the Year Ended 31 December 2013
 

British National Newspapers Limited
Directors' Report for the Year Ended 31 December 2013

The directors present their report and accounts for the year ended 31 December 2013.

Directors

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

D.J. Clarke (resigned 12 November 2013)

S.N. Corbin

S.L. Jenner

P. Thorn

Approved by the Board on 24 July 2014 and signed on its behalf by:

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

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

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British National Newspapers Limited
(Registration number: 00230960)
Balance Sheet as at 31 December 2013

		Note			2013 £			2012 £
Creditors: amounts falling due within one year		2			(856,575)			(856,575)
Capital and reserves
Called up share capital		3			67,500			67,500
Profit and loss account					(924,075)			(924,075)
Shareholders' deficit					(856,575)			(856,575)

For the year ended 31 December 2013 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 24 July 2014 and signed on its behalf by:

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

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British National Newspapers Limited
Notes to the Financial Statements for the Year Ended 31 December 2013
......... 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.

2	Creditors: amounts falling due within one year

		2013 £			2012 £
Amounts owed to group undertakings		856,575			856,575

3	Called up share capital

Allotted, called up and fully paid shares

	2013						2012
		No.			£			No.			£
Ordinary shares of £0.50 each		135,000			67,500			135,000			67,500

4	Company status and ultimate parent undertaking

The Company's immediate parent company is TML Special Interests 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 2013. 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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