Complinet Group Limited 06525061 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Dormant Company ONESOURCE Accounts Production 6.31.9627.0 true K. Major B.A. Boateng false false 06525061 2023-01-01 2023-12-31 06525061 2023-12-31 06525061 bus:OrdinaryShareClass1 2023-12-31 06525061 core:CapitalRedemptionReserve 2023-12-31 06525061 core:OtherReservesSubtotal 2023-12-31 06525061 core:RetainedEarningsAccumulatedLosses 2023-12-31 06525061 core:ShareCapital 2023-12-31 06525061 core:SharePremium 2023-12-31 06525061 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 06525061 bus:FRS102 2023-01-01 2023-12-31 06525061 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06525061 bus:FullAccounts 2023-01-01 2023-12-31 06525061 bus:RegisteredOffice 2023-01-01 2023-12-31 06525061 bus:Director1 2023-01-01 2023-12-31 06525061 bus:Director2 2023-01-01 2023-12-31 06525061 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 06525061 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 06525061 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06525061 core:Subsidiary1 2023-01-01 2023-12-31 06525061 core:Subsidiary1 1 2023-01-01 2023-12-31 06525061 core:Subsidiary1 2 2023-01-01 2023-12-31 06525061 core:Subsidiary1 countries:AllCountries 2023-01-01 2023-12-31 06525061 core:Subsidiary2 2023-01-01 2023-12-31 06525061 core:Subsidiary2 1 2023-01-01 2023-12-31 06525061 core:Subsidiary2 2 2023-01-01 2023-12-31 06525061 core:Subsidiary2 countries:AllCountries 2023-01-01 2023-12-31 06525061 core:Subsidiary3 2023-01-01 2023-12-31 06525061 core:Subsidiary3 1 2023-01-01 2023-12-31 06525061 core:Subsidiary3 2 2023-01-01 2023-12-31 06525061 core:Subsidiary3 countries:AllCountries 2023-01-01 2023-12-31 06525061 1 2023-01-01 2023-12-31 06525061 countries:UnitedKingdom 2023-01-01 2023-12-31 06525061 core:CostValuation 2022-12-31 06525061 2022-12-31 06525061 bus:OrdinaryShareClass1 2022-12-31 06525061 core:CapitalRedemptionReserve 2022-12-31 06525061 core:OtherReservesSubtotal 2022-12-31 06525061 core:RetainedEarningsAccumulatedLosses 2022-12-31 06525061 core:ShareCapital 2022-12-31 06525061 core:SharePremium 2022-12-31 06525061 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:shares

Registration number: 06525061

Complinet Group Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Complinet Group Limited

Contents

Directors' Report

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

Complinet Group 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:

K. Major

B.A. Boateng

Approved by the Board on 17 September 2024 and signed on its behalf by:

.........................................
K. Major
Director

 

Complinet Group Limited

(Registration number: 06525061)
Balance Sheet as at 31 December 2023

Note

2023
£ 000

2022
£ 000

Fixed assets

 

Investments

3

8,946

8,946

Current assets

 

Debtors: amounts falling due within one year

4

16,822

16,822

Creditors: amounts falling due within one year

5

(241)

(241)

Net current assets

 

16,581

16,581

Net assets

 

25,527

25,527

Capital and reserves

 

Called up share capital

6

800

800

Share premium reserve

1,509

1,509

Capital redemption reserve

6

6

Other reserves

645

645

Profit and loss account

22,567

22,567

Total equity

 

25,527

25,527

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:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved by the Board on 17 September 2024 and signed on its behalf by:
 

.........................................

K. Major
Director

 

Complinet Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2023

1

General information

The Company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Five Canada Square
Canary Wharf
London
E14 5AQ
United Kingdom

2

Accounting policies

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements are prepared on the going concern basis, under the historical cost convention, and in accordance with the Companies Act 2006 and applicable accounting standards in the United Kingdom.

Trading Status
The Company has not traded during the year or the previous 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.

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

 

Complinet Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)

3

Investments

Subsidiaries

£ 000

Cost or valuation

At 1 January 2023

8,946

At 31 December 2023

8,946

At 31 December 2022

8,946

The Directors are of the opinion that the value of the Company's investments is not less than the value of which it is stated in the Balance Sheet as at 31 December 2023.

Details of undertakings

Details of the investments in which the Company holds direct and indirect investment in any class of share capital are as follows:

Name of subsidiary

Country of incorporation and principal place of business

Holding

Proportion of ownership interest and voting rights held

     

2023

2022

Subsidiary undertakings

Complinet Limited

Five Canada Square,
Canary Wharf,
London E14 5AQ, United Kingdom

Dormant

100%

100%

Ironman 2 Limited*

Five Canada Square,
Canary Wharf,
London E14 5AQ, United Kingdom

Dormant

100%

100%

Complinet USA Holdings Limited

Five Canada Square,
Canary Wharf,
London E14 5AQ, United Kingdom

Dormant

100%

100%

* indicates direct investment of the Company.
 

 

Complinet Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)

4

Debtors: amounts falling due within one year

2023
£ 000

2022
£ 000

Amounts owed by group undertakings

16,822

16,822

Amounts owed by fellow group undertakings are unsecured, non-interest bearing and repayable on demand.

5

Creditors: amounts falling due within one year

2023
£ 000

2022
£ 000

Amounts owed to fellow group undertakings

238

238

Accrued expenses

3

3

241

241

Amounts owed to fellow group undertakings are unsecured, non-interest bearing and repayable on demand.

6

Called up share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No. 000

£ 000

No. 000

£ 000

Ordinary shares of £ 0.01 each

80,013

800

80,013

800

         

7

Parent and ultimate parent undertaking

The Company's immediate parent is TTC (1994) Limited, incorporated in United Kingdom.

 The ultimate parent is Thomson Investments Limited, incorporated in Canada.

 The most senior parent entity producing publicly available financial statements is Thomson Reuters Corporation. These financial statements are available upon request from Five Canada Square, Canary Wharf, London, E14 5AQ, and online at www.thomsonreuters.com.

The parent of the largest group in which these financial statements are consolidated is Thomson Reuters Corporation, incorporated in Canada.