Pilgrim Systems Limited SC066475 true 0 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is ONESOURCE Accounts Production 6.31.9627.0 Software SC066475 2023-01-01 2023-12-31 SC066475 2023-12-31 SC066475 core:RetainedEarningsAccumulatedLosses 2023-12-31 SC066475 core:ShareCapital 2023-12-31 SC066475 bus:FRS101 2023-01-01 2023-12-31 SC066475 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 SC066475 bus:FullAccounts 2023-01-01 2023-12-31 SC066475 bus:RegisteredOffice 2023-01-01 2023-12-31 SC066475 bus:Director1 2023-01-01 2023-12-31 SC066475 bus:Director2 2023-01-01 2023-12-31 SC066475 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 SC066475 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC066475 countries:Canada 2023-01-01 2023-12-31 SC066475 countries:UnitedKingdom 2023-01-01 2023-12-31 SC066475 2022-12-31 SC066475 2022-01-01 2022-12-31 SC066475 2022-12-31 SC066475 core:RetainedEarningsAccumulatedLosses 2022-12-31 SC066475 core:ShareCapital 2022-12-31 xbrli:pure iso4217:USD

Registration number: SC066475

Pilgrim Systems Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Pilgrim Systems Limited

Contents

Pages(s)

Directors' Report

1

Profit and Loss Account

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

Pilgrim Systems 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

W.D. Rowell

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

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

 

Pilgrim Systems Limited

Profit and Loss Account for the Year Ended 31 December 2023

Note

2023
US$

2022
US$

Operating income

 

-

242

Operating profit

 

-

242

Profit before tax

 

-

242

Tax on profit

-

-

Profit for the financial year

 

-

242

 

Pilgrim Systems Limited

(Registration number: SC066475)
Balance Sheet as at 31 December 2023

Note

2023
US$

2022
US$

Current assets

 

Debtors : amounts falling due within one year

3

2,979,497,316

2,979,497,316

Net current assets

 

2,979,497,316

2,979,497,316

Net assets

 

2,979,497,316

2,979,497,316

Capital and reserves

 

Called up share capital

4

2,979,506,786

2,979,506,786

Profit and loss account

 

(9,470)

(9,470)

Total shareholders' funds

 

2,979,497,316

2,979,497,316

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

 

Pilgrim Systems Limited

Notes to the Unaudited 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 and domiciled in Scotland.

The address of its registered office is:
83 Princes Street
Edinburgh
Lothian Region
EH2 2ER
Scotland

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.
 

3

Debtors : amount falling due within one year

2023
US$

2022
US$

Amount owed by fellow group undertakings

2,979,497,316

2,979,497,316

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

 

Pilgrim Systems Limited

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

4

Called up share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

US$

No.

US$

Ordinary Shares of £0.10 each US$0.13 (2022 - US$0.13) each

23,027,999,083

2,979,506,786

23,027,999,083

2,979,506,786

         

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

5

Parent and ultimate parent undertaking

The Company's immediate parent is Rufeta Unlimited, incorporated in Jersey

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 are publicly available at www.thomsonreuters.com.

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