Thomorg No. 716 Limited - Period Ending 2020-12-31

Thomorg No. 716 Limited

Contents

Directors' Report	1
Balance Sheet	2
Notes to the Financial Statements	3 to 5

Thomorg No. 716 Limited

Directors' Report for the Year Ended 31 December 2020

The Directors present their report and the financial statements for the year ended 31 December 2020.

Directors of the Company

The Directors who held office during the year were as follows:

K. Major

B.A. Boateng

Approved by the Board on 7 September 2021 and signed on its behalf by:

.........................................
B.A. Boateng
Director

Thomorg No. 716 Limited

(Registration number: 02226274)
Balance Sheet as at 31 December 2020

	Note	31 December 2020 £ 000	31 December 2019 £ 000
Current assets
Debtors: amounts falling due within one year	4	47,931	47,931
Total assets		47,931	47,931
Capital and reserves
Called up share capital	5	1,000	1,000
Profit and loss account		46,931	46,931
Total equity		47,931	47,931

For the financial year ending 31 December 2020 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 7 September 2021 and signed on its behalf by:
 

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

B.A. Boateng
Director

Thomorg No. 716 Limited

Notes to the Financial Statements for the Year Ended 31 December 2020

1	General information

The Company is a private company limited by share capital, incorporated in United Kingdom.

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

2	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.

Thomorg No. 716 Limited

Notes to the Financial Statements for the Year Ended 31 December 2020 (continued)

3	Investments

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:

Name of subsidiary	Country of incorporation and principal place of business	Principal activity	Proportion of ownership interest and voting rights held
			2020	2019
Subsidiary undertakings
Thomson Free Newspapers Limited*	Five Canada Square, Canary Wharf, London E14 5AQ, England,	Dormant	100%	100%
TRN Old Company Limited*	Five Canada Square, Canary Wharf, London E14 5AQ, England,	Dormant	100%	100%

* indicates direct investment of the Company.

4	Debtors: amounts falling due within one year

	31 December 2020 £ 000	31 December 2019 £ 000
Amounts owed by fellow group undertakings	47,931	47,931
	47,931	47,931

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

5	Called up share capital

Allotted, called up and fully paid shares

	31 December 2020		31 December 2019
	No. 000	£ 000	No. 000	£ 000
Ordinary shares of £1 each	1,000	1,000	1,000	1,000

Thomorg No. 716 Limited

Notes to the Financial Statements for the Year Ended 31 December 2020 (continued)

6	Parent and ultimate parent undertaking

The Company's immediate parent is Thomorg No. 6 Limited, 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, 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.