REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 December 2023 |
for |
CGA NIELSEN (GLOBAL) LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 December 2023 |
for |
CGA NIELSEN (GLOBAL) LIMITED |
CGA NIELSEN (GLOBAL) LIMITED (REGISTERED NUMBER: 09152754) |
Contents of the Financial Statements |
for the year ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
CGA NIELSEN (GLOBAL) LIMITED |
Company Information |
for the year ended 31 December 2023 |
Directors: |
Registered office: |
Registered number: |
Auditors: |
Northern Assurance Buildings |
9-21 Princess Street |
Manchester |
M2 4DN |
CGA NIELSEN (GLOBAL) LIMITED (REGISTERED NUMBER: 09152754) |
Balance Sheet |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ |
Current assets |
Debtors | 5 |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 6 |
Retained earnings | ( |
) |
Shareholders' funds |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
CGA NIELSEN (GLOBAL) LIMITED (REGISTERED NUMBER: 09152754) |
Notes to the Financial Statements |
for the year ended 31 December 2023 |
1. | Statutory information |
CGA Nielsen (Global) Limited is a |
2. | Statement of compliance |
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. |
3. | Accounting policies |
Basis of preparing the financial statements |
The immediate parent entity, CGA Strategy Limited, was acquired by A.C. Nielsen Company Limited on 31 May 2022. On 31 October 2022 the trade and assets of this company were hived up into CGA Strategy Limited and since that date the company has not traded. Accordingly these accounts are not drawn up on a going concern basis. |
The following principal accounting policies have been applied: |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
CGA NIELSEN (GLOBAL) LIMITED (REGISTERED NUMBER: 09152754) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
3. | Accounting policies - continued |
Foreign currency translation |
Functional and presentational currency |
The company's functional and presentational currency is GBP. All amounts in these financial statements have been rounded to the nearest £1. |
Transactions and balances |
Foreign currency transactions are translated into the functional currency using spot exchange rates at the dates of the transactions. |
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. |
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of comprehensive income. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
4. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Amounts owed by group undertakings |
6. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |
7. | Disclosure under Section 444(5B) of the Companies Act 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
8. | Related party disclosures |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
CGA NIELSEN (GLOBAL) LIMITED (REGISTERED NUMBER: 09152754) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
9. | Ultimate controlling party |
The immediate parent undertaking of the company is CGA Strategy Limited, incorporated in England and Wales. The registered office of CGA Strategy Limited is Nielsen House, John Smith Drive, Oxford, Oxfordshire, England, OX4 2WB. |
The ultimate parent undertaking and controlling party is Intermediate Dutch Holdings B.V., a company |
incorporated in the Netherlands. The smallest and largest group for which consolidated accounts are prepared is that headed by Intermediate Dutch Holdings B.V.. Copies of the financial statements can be obtained from Intermediate Dutch Holdings B.V., Diemerhof 2, Diemen, 1112 XL, Netherlands. |