| 1B COMMUNICATIONS LIMITED |
| Registered number: |
03449094 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 31 December 2017. |
|
| 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 (Resigned 31 December 2017) |
|
D Crowther (Appointed 31 December 2017) |
|
R E Davison (Resigned 31 March 2017) |
|
| 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. |
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|
|
| This report was approved by the board on 16 May 2018 and signed on its behalf. |
|
|
|
|
|
| D Crowther |
| Director |
|
| 1B COMMUNICATIONS LIMITED |
| Registered number: |
03449094 |
| Balance Sheet |
| as at 31 December 2017 |
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|
|
|
2017 |
|
2016 |
| £ |
£ |
| Fixed Assets |
| Investments |
|
|
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 |
105,703 |
|
105,703 |
| Profit and loss account |
(862,202) |
|
(862,202) |
| Share Premium |
974,404 |
|
974,404 |
| Shareholders' funds |
|
|
217,905 |
|
217,905 |
|
|
|
|
|
|
|
|
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| The directors are 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. |
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| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
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| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
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| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. A profit and loss account has not been delivered to the Registrar of Companies. |
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|
|
|
|
| D Crowther |
| Director |
| Approved by the board on 16 May 2018 |
|
| 1B COMMUNICATIONS LIMITED |
| Notes to the Accounts |
| for the year ended 31 December 2017 |
|
| 1 |
Accounting policies |
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|
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 |
Controlling party |
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|
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.
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| 3 |
Other information |
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1B COMMUNICATIONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
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|
PO BOX 70693 |
|
62 Buckingham Gate |
|
London |
|
United Kingdon |
|
SW1P 9ZP |
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|
| 4 |
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. |
