Registration number:
Ironman 2 Ltd
for the Year Ended 31 December 2024
Ironman 2 Ltd
Contents
Page(s)
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Director's Report |
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Balance Sheet |
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Notes to the Financial Statements |
Ironman 2 Ltd
Director's Report for the Year Ended 31 December 2024
The report and the financial statements for the year ended 31 December 2024.
Directors of the Company
The Directors who held office during the year were as follows:
Approved by the
.........................................
Director
Ironman 2 Ltd
(Registration number: 06526407)
Balance Sheet as at 31 December 2024
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Note |
2024 |
2023 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors: amounts falling due within one year |
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Creditors: amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Total equity |
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For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
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• |
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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
.........................................
Director
Ironman 2 Ltd
Notes to the Financial Statements for the Year Ended 31 December 2024
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General information |
The Company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
United Kingdom
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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.
Going concern
The Company's intermediate parent undertaking has confirmed its intention to continue to provide ongoing financial support to the Company and all of its current subsidiaries to enable them to continue to trade and to enable them to meet their liabilities as they fall due within one year from the date of signing the financial statements. As a result, the Directors have deemed it appropriate to prepare the financial statements on a going concern basis.
Investments in subsidiaries
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.
Ironman 2 Ltd
Notes to the Financial Statements for the Year Ended 31 December 2024
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Investments |
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Subsidiaries |
£ 000 |
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Cost or valuation and net book value |
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At 1 January 2024 |
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At 31 December 2024 |
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At 31 December 2023 |
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An impairment review was carried out during the year for those investments that were considered to have a potential trigger. The Directors have assessed the recoverable amount of the investments, having taken into consideration a range of assumptions and this has resulted in an impairment of investment by £nil (2023: £nil).
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 2024.
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:
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Name of subsidiary |
Country of incorporation and principal place of business |
Principal activity |
Proportion of ownership interest and voting rights held |
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2024 |
2023 |
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Subsidiary undertakings |
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Five Canada Square, Canary Wharf London E14, 5AQ, United Kingdom |
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100% |
100% |
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Five Canada Square, Canary Wharf London E14, 5AQ, United Kingdom |
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100% |
100% |
* indicates direct investment of the Company.
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Debtors: amounts falling due within one year |
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2024 |
2023 |
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Amounts owed by group undertakings |
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Amounts owed by fellow group undertakings are unsecured, non-interest bearing and repayable on demand.
Ironman 2 Ltd
Notes to the Financial Statements for the Year Ended 31 December 2024
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Creditors: amounts falling due within one year |
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2024 |
2023 |
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Amounts owed by group undertakings |
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Amounts owed to fellow group undertakings are unsecured, non-interest bearing and repayable on demand.
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Called up share capital |
Allotted, called up and fully paid shares
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2024 |
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No.000 |
£ 000 |
No.000 |
£ 000 |
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8,946 |
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8,946 |
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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 parent of the largest group in which these financial statements are consolidated is Thomson Reuters Corporation, incorporated in Canada.