Raetal Limited - Period Ending 2014-12-31

Raetal Limited 01860107 true false 2014-01-01 2014-12-31 2014-12-31 true 01860107 2014-01-01 2014-12-31 01860107 2014-12-31 01860107 uk-bus:OrdinaryShareClass1 2014-12-31 01860107 uk-bus:OrdinaryShareClass2 2014-12-31 01860107 uk-gaap:GroupUndertakingsOtherParticipatingInterests uk-gaap:SharesFixedAssetInvestments 2014-12-31 01860107 uk-gaap:InvestmentInSubsidiaries uk-gaap:SharesFixedAssetInvestments 2014-12-31 01860107 uk-gaap:Subsidiary1 2014-12-31 01860107 uk-bus:Director1 2014-01-01 2014-12-31 01860107 uk-bus:Director4 2014-01-01 2014-12-31 01860107 uk-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 01860107 uk-bus:OrdinaryShareClass2 2014-01-01 2014-12-31 01860107 uk-gaap:Subsidiary1 2014-01-01 2014-12-31 01860107 2013-12-31 01860107 uk-gaap:InvestmentInSubsidiaries uk-gaap:SharesFixedAssetInvestments 2013-12-31 01860107 2013-12-31 01860107 uk-bus:OrdinaryShareClass1 2013-12-31 01860107 uk-bus:OrdinaryShareClass2 2013-12-31 01860107 uk-gaap:GroupUndertakingsOtherParticipatingInterests uk-gaap:SharesFixedAssetInvestments 2013-12-31 01860107 uk-gaap:InvestmentInSubsidiaries uk-gaap:SharesFixedAssetInvestments 2013-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01860107

Raetal Limited

Report and Accounts

for the Year Ended 31 December 2014

Raetal Limited
Directors' Report for the Year Ended 31 December 2014

The directors present their report and accounts for the year ended 31 December 2014.

Directors of the company

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

H.E. Campbell

D.M. Mitchley

Approved by the Board on 22 September 2015 and signed on its behalf by:

.........................................
D.M. Mitchley
Director

Registered Office: The Thomson Reuters Building, 30 South Colonnade, Canary Wharf, London, E14 5EP.

Page 1

Raetal Limited
(Registration number: 01860107)
Balance Sheet as at 31 December 2014

	Note	2014 £	2013 £
Fixed assets
Investments	2	151,105	151,105
Current assets
Debtors: amounts falling due within one year	3	1,290,516	1,290,516
Net assets		1,441,621	1,441,621
Capital and reserves
Called up share capital	4	8,232	8,232
Share premium account		1,066,323	1,066,323
Other reserves		2,500	2,500
Profit and loss account		364,566	364,566
Total shareholders' funds		1,441,621	1,441,621

For the year ended 31 December 2014 the Company was entitled to the exemption under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit in accordance with section 476(2) of the Companies Act 2006.

The directors acknowledge their responsibilities for:(a) ensuring the Company keeps accounting records which comply with section 386; and(b) preparing accounts which give a true and fair view of the state of affairs of the Company as at the end of the financial year, and of its profit and loss for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the Company.

Approved and authorised for issue by the Board on 22 September 2015 and signed on its behalf by:

.........................................
D.M. Mitchley
Director

Page 2

Raetal Limited
Notes to the Financial Statements for the Year Ended 31 December 2014
......... continued

1	Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention in accordance with applicable UK accounting standards and on a basis consistent with the previous year.

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.

2	Investments held as fixed assets

	2014 £	2013 £

Shares in group undertakings and participating interests	151,105	151,105

Shares in group undertakings and participating interests

		Subsidiary undertakings £
Cost
At 1 January 2014		151,105
At 31 December 2014		151,105
Net book value
At 31 December 2014		151,105
At 31 December 2013		151,105

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Holding

Proportion of voting rights and shares held

Principal activity


Mace Advisers Limited	Ordinary	100%	Non-trading

Page 3

Raetal Limited
Notes to the Financial Statements for the Year Ended 31 December 2014
......... continued

3	Debtors: amounts falling due within one year

	2014 £	2013 £

Amounts owed by group undertakings	1,290,516	1,290,516

4	Share capital

Allotted, called up and fully paid shares

	2014			2013
		No.	£		No.	£
'A' Ordinary shares of £1 each		4,116	4,116		4,116	4,116
'B' Ordinary shares of £1 each		4,116	4,116		4,116	4,116
		8,232	8,232		8,232	8,232

5	Company status and ultimate parent undertaking

The Company's immediate parent company is Reuters Limited . Within the meaning of the Companies Act 2006 (“CA2006”), Thomson Investments Limited (“TIL”) is regarded by the Directors of the Company as being the Company’s ultimate parent company and controlling party. Within the meaning of CA2006, Thomson Reuters Corporation (“Thomson Reuters”) is the parent undertaking of the only group of undertakings for which group accounts were drawn up and of which the Company was a member for the period ended 31 December 2014. TIL and Thomson Reuters are incorporated under the laws of the Province of Ontario, Canada.
Copies of the Thomson Reuters annual reports are available from: The Thomson Reuters Building, 30 South Colonnade, Canary Wharf, London, E14 5EP, and online at www.thomsonreuters.com.

Page 4