1B COMMUNICATIONS LIMITED - Accounts

GOOD INFLUENCE LIMITED - Company Information

Registered number

03449094

1B COMMUNICATIONS LIMITED

Report and Accounts

31 December 2015

1B COMMUNICATIONS LIMITED
Registered number:		03449094
Director's Report

The director presents his report and accounts for the year ended 31 December 2015.

Principal activity
The company is dormant and has not traded during the year or subsequent to the year end.

Directors
The following persons served as directors during the year:

	F M Sharp
	R E Davison





Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



This report was approved by the board on 24 September 2016 and signed on its behalf.





F M Sharp
Director

1B COMMUNICATIONS LIMITED
Profit and Loss Account
for the year ended 31 December 2015


The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

1B COMMUNICATIONS LIMITED
Balance Sheet
as at 31 December 2015

Notes		2015		2014
£			£
Fixed Assets
Investments	2	590,844		590,844
		590,844		590,844
Current Liabilities
Creditors - owed to group undertakings		(372,939)		(372,939)

Net Current Assets/(Liabilities)		217,905		217,905

Net Assets/(Liabilities)		217,905		217,905

Capital and reserves
Called up share capital	3	105,703		105,703
Profit and loss account	4	(862,202)		(877,520)
Share Based Payment reserve		-		15,318
Share Premium		974,404		974,404
Shareholders' funds		217,905		217,905


The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 480 of the Companies Act 2006 relating to dormant companies.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.





F M Sharp
Director
Approved by the board on 24 September 2016

1B COMMUNICATIONS LIMITED
Notes to the Accounts
for the year ended 31 December 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2	Investments					2015		2014
£							£

	Investments in subsidiaries					590,844		590,844

	Subsidiary untertakings	Country		% of Shares		Busines

	De Facto Communications GmbH	Germany		100%		Dormant
	Good Relations Life Limited	England		100%		Dormant
	HCC De Facto Financial Limited	England		100%		Dormant
	Hayhurst Conington Cripps Limited	England		100%		Dormant
	HCC De Facto Trustees Limited	England		100%		Dormant

3	Share capital	Nominal				2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	A Ordinary Shares	£0.10 each		500,000		50,000		50,000
	D Ordinary Shares	£0.10 each		225,000		22,500		22,500
	H Ordinary Shares	£0.10 each		275,000		27,500		27,500
	N Ordinary Shares	£0.10 each		57,032		5,703		5,703

						105,703		105,703
4	Profit and loss account
£

	At 1 January 2015					(877,520)
	Transfer from SBP reserve					15,318
	At 31 December 2015					(862,202)

5	Ultimate controlling party
	The company’s immediate parent undertaking and its immediate controlling party is Chime Communications Limited, incorporated in the United Kingdom and registered in England and Wales. The company’s ultimate parent company and controlling party from 16 October 2015 to present date was PM VII S.a.r.l, a company incorporated and registered in Luxembourg. Prior to 16 October 2015 the ultimate parent and controlling party was Chime Communications plc, incorporated in the United Kingdom and registered in England and Wales. Chime Communications plc was acquired by a subsidiary of PM VII S.a.r.l (Bell Bidder Ltd) on 16 October 2015. The largest group for which the group financial statements are prepared and of which the group is a member is Chime Group Holdings Limited which is incorporated in the United Kingdom and registered in England and Wales. The smallest group for which the group financial statements are prepared and of which the group is a member is Chime Group Limited which is incorporated in the United Kingdom and registered in England and Wales. Copies of their financial statements are available from Companies House, Crown Way, Maindy, Cardiff CF14 3UZ.

6	Related Party Transactions
	The company has taken advantage of the exemption granted under paragraph 3(c) of FRS 8 and has not disclosed details of transactions with other wholly owned group companies.