Registration number:
for the Year Ended 31 December 2023
Thomson Information & Publishing Holdings Limited
Contents
Page(s)
Directors' Report |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Financial Statements |
Thomson Information & Publishing Holdings Limited
Directors' Report for the Year Ended 31 December 2023
The Directors present their report and the financial statements for the year ended 31 December 2023.
Directors of the Company
The Directors, who held office during the year, were as follows:
Approved by the Board on
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Thomson Information & Publishing Holdings Limited
Profit and Loss Account for the Year Ended 31 December 2023
Note |
2023 |
2022 |
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Gain on sale of shares in group undertaking |
- |
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Profit before taxation |
- |
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Tax on profit |
- |
- |
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Profit for the financial year |
- |
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Thomson Information & Publishing Holdings Limited
(Registration number: 02994675)
Balance Sheet as at 31 December 2023
Note |
31 December |
31 December |
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Current assets |
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Debtors: amounts falling within one year |
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Total assets |
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Capital and reserves |
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Called up share capital |
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Accumulated losses |
( |
( |
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Total shareholders' funds |
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For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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Approved by the
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Thomson Information & Publishing Holdings Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
General information |
The Company is a private company limited by share capital, incorporated in United Kingdom and domiciled in England.
The address of its registered office is:
United Kingdom
Accounting policies |
Basis of preparation
These financial statements are prepared in accordance with the Financial Reporting Standard 101, ‘Reduced Disclosure Framework’ (FRS 101) and the Companies Act 2006.
In preparing these financial statements, the Company applies the recognition, measurement and disclosure requirements of International Financial Reporting Standards as adopted by the UK (UK-adopted international accounting standards), but makes amendments where necessary in order to comply with the Companies Act 2006 and to take advantage of FRS 101 disclosure exemptions.
Trading Status
The Company has not traded during the year, has incurred no liabilities and consequently, has made neither profit or loss. None of the Directors received any emoluments in respect of their services to the Company.
Thomson Information & Publishing Holdings Limited
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
Tax on profit |
Tax charged in the income statement
2023 |
2022 |
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Total current income tax |
- |
- |
The tax on profit before tax for the year is lower than the standard rate of corporation tax in the UK (2022 - lower than the standard rate of corporation tax in the UK) of 23.52% (2022: 19%).
The differences are reconciled below:
2023 |
2022 |
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Profit before tax |
- |
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Corporation tax at standard rate |
- |
- |
Total tax charge |
- |
- |
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the period when the asset is realised or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted by the balance sheet date.
In the Spring Budget 2021, the UK Government announced that from 1 April 2023 the corporation tax rate would increase from 19% to 25%. This rate increase was substantively enacted on 24 May 2021. For the financial year ended 31 December 2023, the current weighted averaged tax rate was 23.5%. Deferred taxes at the balance sheet date have been measured using this enacted tax rate and reflected in these financial statements.
Thomson Information & Publishing Holdings Limited
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
Debtors: amounts falling due within one year |
31 December |
31 December |
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Amount owed by group undertakings |
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Amounts owed by fellow group undertakings are unsecured, non-interest bearing and repayable on demand.
Called up share capital |
Allotted, called up and fully paid shares
31 December |
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No. |
£ |
No. |
£ |
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Ordinary Shares of £0.64 of $1 each |
726,902,000 |
463,000,000 |
726,902,000 |
463,000,000 |
All allotted share capital and called up share capital have been paid.
Parent and ultimate parent undertaking |
The Company's immediate parent is
The ultimate parent is
The most senior parent entity producing publicly available financial statements is
The ultimate controlling party is
Relationship between entity and parents
The parent of the largest group in which these financial statements are consolidated is
The address of Thomson Reuters Corporation is: