TR Organisation 1 06693180 true 2023-01-01 2023-12-31 2023-12-31 ONESOURCE Accounts Production 6.31.9627.0 true K. Major W.D. Rowell false false 06693180 2023-01-01 2023-12-31 06693180 2023-12-31 06693180 bus:OrdinaryShareClass1 2023-12-31 06693180 core:CapitalRedemptionReserve 2023-12-31 06693180 core:RetainedEarningsAccumulatedLosses 2023-12-31 06693180 core:ShareCapital 2023-12-31 06693180 core:CurrentFinancialInstruments 2023-12-31 06693180 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 06693180 bus:FRS102 2023-01-01 2023-12-31 06693180 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06693180 bus:FullAccounts 2023-01-01 2023-12-31 06693180 bus:RegisteredOffice 2023-01-01 2023-12-31 06693180 bus:Director1 2023-01-01 2023-12-31 06693180 bus:Director2 2023-01-01 2023-12-31 06693180 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 06693180 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 06693180 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06693180 core:Subsidiary1 2023-01-01 2023-12-31 06693180 core:Subsidiary1 1 2023-01-01 2023-12-31 06693180 core:Subsidiary1 2 2023-01-01 2023-12-31 06693180 1 2023-01-01 2023-12-31 06693180 countries:Canada 2023-01-01 2023-12-31 06693180 countries:UnitedKingdom 2023-01-01 2023-12-31 06693180 core:CostValuation 2022-12-31 06693180 2022-12-31 06693180 bus:OrdinaryShareClass1 2022-12-31 06693180 core:CapitalRedemptionReserve 2022-12-31 06693180 core:RetainedEarningsAccumulatedLosses 2022-12-31 06693180 core:ShareCapital 2022-12-31 06693180 core:CurrentFinancialInstruments 2022-12-31 06693180 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:USD xbrli:pure xbrli:shares

Registration number: 06693180

TR Organisation 1

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

TR Organisation 1

Contents

Directors' Report

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

TR Organisation 1

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

W.D. Rowell

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

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

 

TR Organisation 1

(Registration number: 06693180)
Balance Sheet as at 31 December 2023

Note

2023
US$ 000

2022
US$ 000

Fixed assets

 

Investments

3

936,158

936,158

Current assets

 

Debtors: amounts falling due within one year

4

12,511

12,511

Creditors: amounts falling due within one year

5

(936,156)

(936,156)

Net current liabilities

 

(923,645)

(923,645)

Net assets

 

12,513

12,513

Capital and reserves

 

Called up share capital

6

-

-

Capital redemption reserve

190,977

190,977

Profit and loss account

(178,464)

(178,464)

Total Shareholders' funds

 

12,513

12,513

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

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

K. Major
Director

 

TR Organisation 1

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

1

General information

The Company is a private unlimited Company by shares incorporated in United Kingdom and domiciled in England.

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

2

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 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
The Company holds investments in other companies. These are recognised as fixed asset investments and are stated at historical cost less provision for any dimunition in value.

3

Investments

Subsidiaries

US$ 000

Cost or valuation

At 1 January 2023

936,158

At 31 December 2023

936,158

At 31 December 2022

936,158

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.

 

TR Organisation 1

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

3. Investment (continued)
Details of the investments in which the Company holds direct investment in any class of share capital are as follows:

Name of subsidiary

Principal activity

Registered office

Proportion of ownership interest and voting rights held

     

2023

2022

Pilgrim Systems Limited

Dorrmant

Five Canada Square,Canary Wharf, London, E14 5AQ, England

31.42%

31.42%

4

Debtors: amounts falling due within one year

2023
US$ 000

2022
US$ 000

Amounts owed by group undertakings

12,511

12,511

12,511

12,511

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

5

Creditors: amounts falling due within one year

2023
US$ 000

2022
US$ 000

Amounts owed to fellow group undertakings

936,156

936,156

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

 

TR Organisation 1

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

6

Called up Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

US$

No.

US$

Ordinary Shares of US$1 each

2

2

2

2

         

All allotted share capital and called up share capital have been paid.

7

Parent and ultimate parent undertaking

The Company's immediate parent is Rufeta Unlimited, 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, United Kingdom, 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.