Property and Office Services Limited
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Notes to the Accounts |
for the year ended 31 December 2014
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
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The Company has taken advantage of the exemption contained in FRS 29 “Financial Instruments: Disclosures” and has not produced any disclosures required by that standard, as full FRS 29 disclosures are available in the Chime Communications plc Annual Repor |
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2 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
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Cost |
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At 1 January 2014 |
5,002 |
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At 31 December 2014 |
5,002 |
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3 |
Debtors |
2014 |
2013 |
£ |
£ |
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Amounts owed by group undertakings |
5,079 |
5,079 |
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4 |
Share capital |
Nominal |
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2014 |
2013 |
value |
Number |
£ |
£ |
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Allotted, called up and fully paid: |
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Ordinary shares |
£0.50 |
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20,000 |
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10,000 |
10,000 |
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5 |
Profit and loss account |
2014 |
£ |
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At 1 January 2014 |
81 |
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At 31 December 2014 |
81 |
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6 |
Contingent liabilities |
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The company, together with the ultimate parent company and certain other companies in the Chime Communications plc group, has given an unlimited cross-guarantee in favour of its bankers. |
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7 |
Ultimate parent undertaking |
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The ultimate parent company, controlling party and the parent undertaking of the largest group for which the group accounts are prepared and of which the company is a member is Chime Communications plc, which is incorporated and registered in England and |
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8 |
Related party transactions |
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As the company is a wholly owned subsidiary of Chime Communications plc, it has taken advantage of the exemption contained in FRS 8. |
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[Name of related party 1] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
- |
- |
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[Amounts written off in the period] |
- |
- |
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[Name of related party 2] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
- |
- |
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[Amounts written off in the period] |
- |
- |
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[Name of related party 3] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
- |
- |
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[Amounts written off in the period] |
- |
- |
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[Name of related party 4] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
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- |
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[Amounts written off in the period] |
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- |
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[Name of related party 5] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
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- |
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[Amounts written off in the period] |
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- |
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[Name of related party 6] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
- |
- |
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[Amounts written off in the period] |
- |
- |
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[Name of related party 7] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
- |
- |
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[Amounts written off in the period] |
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[Name of related party 8] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
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[Amounts written off in the period] |
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[Name of related party 9] |
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[Description of relationship] |
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[Description of transaction and amounts involved] |
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[Amount due from (to) the related party] |
- |
- |
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[Provision for doubtful debt due from related party] |
- |
- |
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[Amounts written off in the period] |
- |
- |