REBUS GROUP LIMITED

REBUS GROUP LIMITED - Company Information

Companies House 2016-05-01 2017-04-30 2017-04-30 false iso4217:GBP xbrli:pure 03109650 2015-05-01 2016-04-30 03109650 2017-04-30 03109650 2016-05-01 2017-04-30 03109650 2016-04-30 03109650 curr:PoundSterling 2016-05-01 2017-04-30 03109650 uk-bus:PrivateLimitedCompanyLtd 2016-05-01 2017-04-30 03109650 uk-bus:FRS102 2016-05-01 2017-04-30 03109650 uk-bus:AuditExempt-NoAccountantsReport 2016-05-01 2017-04-30 03109650 uk-bus:AbridgedAccounts 2016-05-01 2017-04-30 03109650 uk-bus:RegisteredOffice 2016-05-01 2017-04-30 03109650 uk-bus:Director1 2016-05-01 2017-04-30 03109650 uk-bus:Director2 2016-05-01 2017-04-30 03109650 uk-bus:Director3 2016-05-01 2017-04-30 03109650 uk-bus:CompanySecretary1 2016-05-01 2017-04-30 03109650 core:AfterOneYear 2017-04-30 03109650 core:AfterOneYear 2016-04-30 03109650 core:WithinOneYear 2017-04-30 03109650 core:WithinOneYear 2016-04-30 03109650 core:WithinOneYear 2016-05-01 2017-04-30 03109650 core:AfterOneYear 2017-04-30 03109650 core:AfterOneYear 2016-04-30 03109650 core:AfterOneYear 2016-05-01 2017-04-30 03109650 core:ShareCapital 2017-04-30 03109650 core:ShareCapital 2016-04-30 03109650 core:SharePremium 2017-04-30 03109650 core:SharePremium 2016-04-30 03109650 core:OtherReservesSubtotal 2017-04-30 03109650 core:OtherReservesSubtotal 2016-04-30 03109650 core:RevaluationReserve 2017-04-30 03109650 core:RevaluationReserve 2016-04-30 03109650 core:RetainedEarningsAccumulatedLosses 2017-04-30 03109650 core:RetainedEarningsAccumulatedLosses 2016-04-30 03109650 core:Associate1 2016-05-01 2017-04-30 03109650 core:Associate1 2016-04-30 03109650 core:Associate1 2017-04-30 03109650 core:Associate1 2016-05-01 2017-04-30 03109650 core:Associate2 2016-05-01 2017-04-30 03109650 core:Associate2 2016-05-01 2017-04-30 03109650 uk-bus:Director1 1 2016-05-01 2017-04-30 03109650 uk-bus:Director1 1 2016-04-30 03109650 uk-bus:Director1 1 2017-04-30 03109650 uk-bus:Director2 2 2016-05-01 2017-04-30 03109650 uk-bus:Director2 2 2016-04-30 03109650 uk-bus:Director2 2 2017-04-30 03109650 uk-bus:Director1 3 2016-05-01 2017-04-30 03109650 uk-bus:Director1 3 2016-04-30 03109650 uk-bus:Director1 3 2017-04-30 03109650 1 2016-05-01 2017-04-30 03109650 2 2016-05-01 2017-04-30 03109650 3 2016-05-01 2017-04-30

Company Registration Number:
03109650 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2017

Period of accounts

Start date: 01 May 2016

End date: 30 April 2017

Contents of the Financial Statements

for the Period Ended 30 April 2017


Balance sheet
Notes

Balance sheet

As at 30 April 2017

	Notes	2017	2016
		£	£
Fixed assets
Investments:	2	45,569,000	45,569,000
Total fixed assets:		45,569,000	45,569,000
Current assets
Debtors:		8,394,000	8,394,000
Total current assets:		8,394,000	8,394,000
Net current assets (liabilities):		8,394,000	8,394,000
Total assets less current liabilities:		53,963,000	53,963,000
Total net assets (liabilities):		53,963,000	53,963,000
Capital and reserves
Called up share capital:		46,080,000	46,080,000
Share premium account:		6,618,000	6,618,000
Profit and loss account:		1,265,000	1,265,000
Shareholders funds:		53,963,000	53,963,000

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 April 2017 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 January 2018
and signed on behalf of the board by:

Name: Stuart Ross
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 April 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

1. ACCOUNTING POLICIESBasis of preparationThese financial statements have been prepared under the historical cost convention and in accordance with UK Generally Accepted Accounting Practice in line with the group's policy for subsidiary undertakings. The company has not traded during the financial year and is expected to remain dormant going forward. For this reason, the accounts have not been prepared on a going concern basis. No adjustments are necessary to the amounts at which the net assets are included in these financial statements.InvestmentsInvestments in subsidiary undertakings are stated at cost unless, in the opinion of the directors, there has been impairment to their value in which case they are immediately written down to their estimated recoverable amount.2. COMPANY ACTIVITIESThe company did not trade during the financial year or the preceding financial year and consequently during those years made neither a profit nor a loss. Certain items of expenditure have been paid by other group undertakings.3. DIRECTORS’ REMUNERATIONThe directors received no remuneration in respect of services to the company during the year (2016: £nil).

Notes to the Financial Statements

for the Period Ended 30 April 2017

2. Fixed investments

4. INVESTMENTSOn 31 January 2017, the company’s subsidiaries disposed of four Australia and New Zealand based undertakings, as shown in the following table. The investments were held at nil net book value, so there is no impact on the company’s financial statements. - Australian Payroll Services Pty Limited - Northgate Information Solutions Australia Pty Limited - Northgate Information Solutions New Zealand Limited - The Association for Payroll Specialists Pty LimitedThe company’s investments in group undertakings at 30 April 2017, the nature of whose business is the development and supply of software and related services (unless otherwise indicated), and have only ordinary share capital (unless otherwise indicated), were:Rebus Holdings Limited, and its subsidiary undertakings, 100% owned, England and Wales:Cara Information Technology Limited, 100% owned, England and WalesEngage Technologies Limited, 100% owned, Republic of IrelandEngage Technologies Support Limited, 100% owned, Republic of IrelandLink Group Consultants Limited, 100% owned, England and WalesMarketwide Systems Limited, 100% owned, England and WalesNGA Africa (Proprietary) S.A, 50% owned, South AfricaNGA Benefits Singapore Pte Limited, 100% owned, SingaporeNGA Outsourcing Malaysia Sdn Bhd, 100% owned (ordinary and preference), MalaysiaNGA Outsourcing Singapore Pte Limited, 100% owned (ordinary and preference), SingaporeNGA HR India Pvt Limited, 99.5% owned, IndiaNorthgateArinso Information Technology Services (Dalian) Co, 100% owned, ChinaNorthgateArinso Ireland Limited, 100% owned, Republic of IrelandNorthgateArinso Peoplechecking Limited, 100% owned, England and WalesNorthgateArinso Services Ireland Limited, 100% owned, Republic of IrelandNorthgateArinso Singapore Pte Limited, 100% owned, SingaporeNorthgateArinso UK Limited, 100% owned, England and WalesNorthgate HR Pensions Holdings Limited, 100% owned, England and WalesNorthgate HR Pensions Limited, 100% owned, England and WalesNorthgate Information Solutions China Limited, 99.9% owned, Hong KongNorthgate Information Solutions Company, 100% owned, Republic of IrelandNorthgate PWA Empower Limited, 100% owned, England and WalesPersonnel Computer Services Limited, 100% owned, England and WalesPeterborough Software (UK) Limited, 100% owned, England and WalesRebus HR Management Limited, 100% owned, England and WalesRebus Human Resources Limited, 100% owned, England and WalesRebus Human Resource Services Limited, 100% owned, England and WalesRebus Software Limited, 100% owned, England and WalesRebus Personnel Services Limited, 100% owned, England and Wales

Notes to the Financial Statements

for the Period Ended 30 April 2017

3. Post balance sheet events

POST REPORTING DATE EVENTSOn 9 October 2017, NGA Human Resources announced the sale of the UK Mid-Market and UK SMB (Moorepay) businesses to Bain Capital Private Equity, a leading global private investment firm. NGA Human Resources will continue under the ownership of Goldman Sachs and Park Square Capital

REBUS GROUP LIMITED