Registration number:
The Thomson Organisation (No. 23)
for the Year Ended 31 December 2025
The Thomson Organisation (No. 23)
Contents
Page(s)
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Directors' Report |
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Balance Sheet |
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Notes to the Financial Statements |
The Thomson Organisation (No. 23)
Directors' Report for the Year Ended 31 December 2025
The Directors present their report and the financial statements for the year ended 31 December 2025.
Directors of the Company
The Directors who held office during the year were as follows:
Important non adjusting events after the financial period
On 22 July 2026, the Company received a final dividend of £417,058,616 from its wholly owned subsidiary, Thomson Business Information Holdings Limited.
On 22 July 2026, the Company declared and paid a final dividend of £45,906,051.11 to its members, allocated £22,953,025.55 to TTC (1994) Limited and £22,953,025.56 to TR Organisation Limited.
As part of a wider group reorganisation, the Company is to be dissolved by way of strike off following the dissolution of its subsidiaries in a bottom-up sequence. On 21 July 2026 the directors resolved to apply for the Company to be struck off the register pursuant to section 1003 of the Companies Act 2006, following completion of the formalities and confirmation that the Company's direct subsidiary has been dissolved and removed from the register. The directors have accordingly prepared these financial statements on a basis other than going concern (see note 2).
Approved by the
.........................................
Director
The Thomson Organisation (No. 23)
(Registration number: 02388913)
Balance Sheet as at 31 December 2025
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Note |
2025 |
2024 |
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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 liabilities |
( |
( |
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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 Shareholders' deficit |
( |
( |
For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' 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 and authorised by the
.........................................
Director
The Thomson Organisation (No. 23)
Notes to the Financial Statements for the Year Ended 31 December 2025
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General information |
The Company is a unlimited Company 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 a basis other than going concern, 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 nor loss. None of the Directors received any emoluments in respect of their services to the Company.
Going concern
As explained in the Directors’ Report and in the note on non-adjusting events after the financial period, following the year end the Company resolved, as part of a group reorganisation, to apply to be struck off the register. As the Company will in due course cease to exist, the directors have concluded that it is not appropriate to prepare these financial statements on a going concern basis. The financial statements have therefore been prepared on a basis other than going concern.
No adjustments to the carrying amounts of assets or liabilities have been required, as the Company’s assets and liabilities are already recorded at the amounts expected to be realised or settled.
Fixed asset investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.
The Thomson Organisation (No. 23)
Notes to the Financial Statements for the Year Ended 31 December 2025
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Investments |
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Subsidiaries |
£ |
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Cost or valuation |
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At 1 January 2025 |
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At 31 December 2025 |
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At 31 December 2024 |
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The Directors are of the opinion that the value of the Company's investments is not less than the value at which it is stated in the Balance Sheet as at 31 December 2025.
Details of undertakings
Details of the investment 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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2025 |
2024 |
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Subsidiary undertakings |
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Five Canada Square, Canary Wharf, London E14 5AQ, United Kingdom, England |
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100% |
100% |
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Five Canada Square, Canary Wharf, London E14 5AQ, United Kingdom, England |
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100% |
100% |
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Five Canada Square, Canary Wharf, London E14 5AQ, United Kingdom, England |
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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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2025 |
2024 |
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Amounts owed by fellow group undertakings |
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Amounts owed by fellow group undertakings are unsecured, non-interest bearing and repayable on demand.
The Thomson Organisation (No. 23)
Notes to the Financial Statements for the Year Ended 31 December 2025
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Creditors: amounts falling due within one year |
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2025 |
2024 |
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Amounts owed to fellow 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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2025 |
2024 |
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No. |
£ |
No. |
£ |
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2 |
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2 |
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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
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Non adjusting events after the financial period |
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