Company Registration No. 07486862 (England and Wales)
ORIGIN BROADBAND LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
PAGES FOR FILING WITH REGISTRAR
ORIGIN BROADBAND LIMITED
CONTENTS
Page
Directors' report
1 - 2
Directors' responsibilities statement
3
Balance sheet
4
Statement of changes in equity
5
Notes to the financial statements
6 - 16
ORIGIN BROADBAND LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2020
1
The directors present their annual report and financial statements for the year ended 31 March 2020.
Principal activities
The principal activity of the company continued to be that of
internet service and telecommunications provider.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr O J Bryssau
Mr H T L Wust
(Resigned 13 March 2020)
Prof. M G D Hurley
(Resigned 3 June 2019)
Mr A P Simpson
Results and dividends
The company progressed on its turnaround plan during the Financial Year, with the company exiting FY20 with strong foundations to deliver future growth and value. The company exits Mar-20 with a proven acquisition channel, established systems and process to deliver customer service and strong support from its principal investor, Faro Capital.
The business has focused the year establishing high volume low-cost acquisition channels whilst
improving customer service. This focus saw significant customer adds late in the financial year and set the company up for strong growth into the new financial year.
The company continues to focus on customer service, reflected in the ongoing 4* Trustpilot score and customer feedback. The business has continued to invest throughout the financial year in improving customer service which remains at the centre of its beliefs.
The company entered a CVA in Nov-18, with the Supervisor signing of the completion of all obligations and duties related to the CVA by Mar-20.
The Company faced into the threat of Covid-19 in Mar-20. The business successfully moved its entire operation to homeworking within weeks of the Government announcement and has remained focus on ensuring safety remains its top priority. Our focus on our employees and customers during this difficult time has been recognised through the European Contact Centre awards.
Auditor
Knowles Warwick Limited were appointed as auditor to the company and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting.
Statement of disclosure to auditor
So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.
Going Concern
Note 1.2 of the accounting policies in the notes to the financial statement sets out the factors the directors have considered in arriving at the conclusion that it is appropriate to draw up these financial statements on the going concern basis.
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
ORIGIN BROADBAND LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
2
On behalf of the board
Mr A P Simpson
Director
22 February 2021
ORIGIN BROADBAND LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 MARCH 2020
3
The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ORIGIN BROADBAND LIMITED
BALANCE SHEET
AS AT 31 MARCH 2020
31 March 2020
4
2020
2019
Notes
£
£
£
£
Fixed assets
Intangible assets
4
1,527
1,944
Tangible assets
5
1,985,743
1,607,995
1,987,270
1,609,939
Current assets
Debtors
6
4,168,138
2,471,674
Cash at bank and in hand
231,879
16,151
4,400,017
2,487,825
Creditors: amounts falling due within one year
7
(4,223,091)
(3,176,298)
Net current assets/(liabilities)
176,926
(688,473)
Total assets less current liabilities
2,164,196
921,466
Creditors: amounts falling due after more than one year
8
(12,043,370)
(3,898,299)
Net liabilities
(9,879,174)
(2,976,833)
Capital and reserves
Called up share capital
11
718,642
718,642
Share premium account
9,823,764
9,823,764
Revaluation reserve
810,080
864,085
Profit and loss reserves
(21,231,660)
(14,383,324)
Total equity
(9,879,174)
(2,976,833)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 22 February 2021 and are signed on its behalf by:
Mr A P Simpson
Director
Company Registration No. 07486862
ORIGIN BROADBAND LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2020
5
Share capital
Share premium account
Revaluation reserve
Profit and loss reserves
Total
Notes
£
£
£
£
£
Balance at 1 April 2018
713,911
6,578,496
918,090
(10,259,419)
(2,048,922)
Period ended 31 March 2019:
Loss and total comprehensive income for the period
-
-
-
(4,177,910)
(4,177,910)
Issue of share capital
11
4,731
3,245,268
-
-
3,249,999
Transfers
-
-
(54,005)
54,005
-
Balance at 31 March 2019
718,642
9,823,764
864,085
(14,383,324)
(2,976,833)
Period ended 31 March 2020:
Loss and total comprehensive income for the period
-
-
-
(6,902,341)
(6,902,341)
Transfers
-
-
(54,005)
54,005
-
Balance at 31 March 2020
718,642
9,823,764
810,080
(21,231,660)
(9,879,174)
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
6
1
Accounting policies
Company information
Origin Broadband Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Old Town Hall, Rotherham, S60 1QX.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of exchange equipment. The principal accounting policies adopted are set out below.
1.2
Going concern
The financial statements are prepared on a going concern basis based on the ongoing support of the primary investor, Faro Capital. This support is based on the investor's view on the long-term value and sustainability of the company.
true
The directors have reviewed the trading position and long term forecast and conclude that the company is able to continue for the foreseeable future and at least 12 months from the date of this report. The board have reviewed the working capital requirements required to support the companies continued growth and remain mindful of them.
As a result of the above these financial statements have been drawn up on a going concern basis.
1.3
Turnover
Turnover represents amounts in respect of goods and services supplied in the year net of VAT and trade discounts and is measured at the fair value of the consideration received and receivable. Revenue from rentals and installations are recognised evenly over the contract period.
1.4
Intangible fixed assets - goodwill
The goodwill acquired in the year ended 30 November 2014 relates to the purchase of a customer base from a competitor.
Acquired goodwill is written off in equal annual installments over its estimated useful economic life
, which is expected to be 10 years.
1.5
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% straight line balance
Exchange equipment
5% straight line basis
Network equipment
33% straight line basis
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
1
Accounting policies
(Continued)
7
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and
is credited or charged to profit or loss
.
For all assets, depreciation is charged on a monthly basis from the point of acquisition.
1.6
Impairment of fixed assets
At each reporting
period
end date, the
company
reviews the carrying amounts of its tangible
and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company
estimates the recoverable amount of the cash-generating unit to which the asset belongs.
1.7
Cash and cash equivalents
Cash and cash equivalents
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset
, with
the net amounts presented in the financial statements
,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
1
Accounting policies
(Continued)
8
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from
fellow group companies and preference shares that are classified as debt, are
initially recognised at transaction price unless the arrangement constitutes a
financing transaction, where the debt instrument is measured at the present value of
the future
paymen
ts discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective
interest rate method.
Trade creditors
are obligations to pay for goods or services that have been acquired
in the ordinary course of business from suppliers. A
m
ounts payable are classified as
current liabilities if payment is due within one year or less. If not, they are presented
as non-current liabilities. Trade creditors are recognised initially at transaction price
and subsequently measured at amortised cost using the effective interest method.
1.9
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.10
Derivatives
Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.
A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.
1.11
Taxation
The tax
income
represents the sum of the tax
rebates due from surrendered R&D tax credits.
Current tax
The tax
rebate
currently
due
is based
on
the surrendered enhanced R&D costs
for the year.
The company has significant tax losses that will be relieved when taxable profits are made.
Deferred tax
Full provision is made for deferred tax liabilities arising from timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computations.
Deferred tax arising on the losses of the business greatly exceed any deferred tax liabilities.
A net deferred tax asset is only recognised if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. As the company cannot confidently make this assessment, deferred tax assets are only recognised to the extent that they extinguish any deferred tax liabilities.
Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse.
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
1
Accounting policies
(Continued)
9
1.12
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.13
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.14
Share-based payments
Equity-settled share-based payments are measured at fair value at the date of grant
.
The fair value determined at the grant date is expensed on a straight-line basis over the vesting period, based on the estimate of shares that will eventually vest. A corresponding adjustment is made to equity.
When the terms and conditions of equity-settled share-based payments at the time they were granted are subsequently modified, the fair value of the share-based payment under the original terms and conditions and under the modified terms and conditions are both determined at the date of the modification. Any excess of the modified fair value over the original fair value is recognised over the remaining vesting period in addition to the grant date fair value of the original share-based payment. The share-based payment expense is not adjusted if the modified fair value is less than the original fair value.
Cancellations or settlements (including those resulting from employee redundancies) are treated as an acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediately.
1.15
Leases
Rentals payable under operating leases,
including
any lease incentives received, are charged to
profit or loss
on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease
s
asset are consumed.
1.16
Deferred income and initial customer costs
Deferred income represents the part of the amount invoiced to customers that has not yet met the criteria for income recognition and this is still to be earned as income, by means of service delivery in the future.
The initial costs associated with the commencement of new customer connections are incurred on inception and are deferred over the contract term of the customer, typically 12 to 36
months. These costs are expensed to the profit & loss account as the contact term progresses, they are not capitalised as fixed assets.
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
10
2
Exceptional (income) / costs
2020
2019
£
£
Reduction of liabilities resulting from CVA
(124,737)
(2,369,950)
Onerous lease charge
-
575,000
During the prior period the company entered a CVA under the direction of Michael Chamberlain of Chamberlain & Co. in an effort to consolidate liabilities and improve the balance sheet. The arrangement covered all trade creditors and sums due to HMRC. A reduction of liabilities totalling £2,369,950 has been recognised as a credit to the profit and loss account. During the year notice of completion was given with respect to the CVA and a further credit of £124,737 was recognised to the profit and loss account.
During the prior period the company also also vacated their premises at Manvers Business Park, moving to the Old Town Hall in Rotherham in agreement with our investor. This has given rise to a dispute with the previous landlord for which a £575,000 onerous lease provision was recognised in the profit loss account.
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2020
2019
Number
Number
Total
88
91
4
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2019 and 31 March 2020
4,167
Amortisation and impairment
At 1 April 2019
2,223
Amortisation charged for the year
417
At 31 March 2020
2,640
Carrying amount
At 31 March 2020
1,527
At 31 March 2019
1,944
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
11
5
Tangible fixed assets
Fixtures, fittings & equipment
Exchange equipment
Network equipment
Total
£
£
£
£
Cost or valuation
At 1 April 2019
275,581
1,605,870
323,065
2,204,516
Additions
95,881
3,612
852,528
952,021
Disposals
-
(354)
(185,361)
(185,715)
At 31 March 2020
371,462
1,609,128
990,232
2,970,822
Depreciation and impairment
At 1 April 2019
140,466
339,418
116,637
596,521
Depreciation charged in the year
58,873
76,682
356,731
492,286
Eliminated in respect of disposals
-
-
(103,728)
(103,728)
At 31 March 2020
199,339
416,100
369,640
985,079
Carrying amount
At 31 March 2020
172,123
1,193,028
620,592
1,985,743
At 31 March 2019
135,115
1,266,452
206,428
1,607,995
During the year ended 30 November 2014 the company
, on the basis of a 3rd party expert assessment,
revalued
the equipment sited in
network
exchanges that has an expected lifetime of 20 years. The revaluation is based on
the
replacement cost of the assets in place using industry list prices and the directors knowledge of the
equipment. Having performed a similar valuation at the
period
ended
31 March
20
20
the directors believe the
revaluation remains appropriate.
6
Debtors
2020
2019
Amounts falling due within one year:
£
£
Trade debtors
1,310,440
600,165
Corporation tax recoverable
41,096
385,930
Amounts due from group undertakings
182,704
-
Other debtors
179,695
186,834
Prepayments and accrued income
1,875,662
246,953
Directors loan accounts
-
200,092
Deferred costs
547,282
707,608
4,136,879
2,327,582
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
6
Debtors
(Continued)
12
2020
2019
Amounts falling due after more than one year:
£
£
Deferred costs
31,259
144,092
Total debtors
4,168,138
2,471,674
7
Creditors: amounts falling due within one year
2020
2019
Notes
£
£
Bank loans and overdrafts
9
-
229,996
Trade creditors
970,207
367,000
Other taxation and social security
145,615
154,227
Other creditors
168,641
1,398,683
Accruals
919,364
377,632
Deferred income
2,019,264
648,760
4,223,091
3,176,298
8
Creditors: amounts falling due after more than one year
2020
2019
Notes
£
£
Bank and other loans
9
-
34,702
Other borrowings
9
12,028,429
3,855,314
Deferred income
14,941
8,283
12,043,370
3,898,299
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
13
9
Loans and overdrafts
2020
2019
£
£
Bank loans
-
81,767
Bank overdrafts
-
182,931
Loans from group undertakings and related parties
12,028,429
3,855,314
12,028,429
4,120,012
Payable within one year
-
229,996
Payable after one year
12,028,429
3,890,016
FCFM Group Limited hold fixed and floating charges over all assets of the company in relation to any and all debts due to the respective institution.
10
Share-based payment transactions
Number of share options
Weighted average exercise price
2020
2019
2020
2019
Number
Number
£
£
Outstanding at 1 April 2019
-
134,900
-
7.84
Forfeited
-
(134,900)
-
7.84
Outstanding at 31 March 2020
-
-
-
-
Exercisable at 31 March 2020
-
-
-
-
11
Called up share capital
2020
2019
£
£
Ordinary share capital
Issued and fully paid
106,800 Ordinary shares of 1p each
1,068
1,068
657,257 B Ordinary shares of 1p each
6,573
6,573
711,001 Deferred shares of £1 each
711,001
711,001
718,642
718,642
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
11
Called up share capital
(Continued)
14
The company has 3 classes of share:
Ordinary shares and B Ordinary shares entitle the holders to receive notice of and to attend and vote at a general meeting and carry one vote per share. Ordinary shares and B Ordinary shares carry no right to fixed income. In the event of a distribution of profits the distribution shall be applied amongst the holders of the Ordinary and B Ordinary shares as if they constituted one class of share in proportion to the percentage of shares held by them.
Deferred shares do not entitle the holders to receive notice of or to attend or vote at a general meeting. Deferred shares do not entitle the holders to participate in any profits or assets of the company.
In May 2018 436,682 B Ordinary shares of £0.01 each were issued and fully paid at a premium of £6.89 per share, for a cash consideration, to fund sales growth and meet working capital requirements.
In May 2018 36,390 B Ordinary shares of £0.01 each were issued and fully paid at a premium of £6.89 per share, for a cash consideration, to meet working capital requirements.
12
Audit report information
As the income statement has been omitted from the filing copy of the financial statements
,
the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006
:
The auditor's report was unqualified.
Emphasis of matter - going concern
We draw attention to the statement of financial position and the notes concerning going concern. On the basis that the parent company and its investors continue to support the company it can be considered a going concern. We have not seen anything to suggest that this is not the case.
However from should continued support from investors cease, the company does not have the cash generative ability to continue trading in its current form as well as repay intra-group debts.
The auditor was Knowles Warwick Limited.
13
Financial commitments, guarantees and contingent liabilities
There were no contingent liabilities as at the 31 March 2020 or 31 March 2019.
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
15
14
Operating lease commitments
Lessee
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2020
2019
£
£
72,273
126,874
15
Related party transactions
The following amounts were outstanding at the reporting end date:
2020
2019
Amounts due to related parties
£
£
Entities with control, joint control or significant influence over the company
12,028,429
3,855,314
Sums owed to the parent entity are repayable upon demand. During the year interest of £390,570 (2019 - £nil) was charged.
The following amounts were outstanding at the reporting end date:
2020
Amounts due from related parties
£
Fellow group companies
182,704
182,704
There were no amounts owed in the previous period.
16
Directors' transactions
Dividends totalling £0 (2019 - £0) were paid in the year in respect of shares held by the company's directors.
L
oans have been granted by the company to its directors as follows:
Description
% Rate
Opening balance
Amounts repaid
Closing balance
£
£
£
Directors loan
2.50
200,092
(200,092)
-
200,092
(200,092)
-
ORIGIN BROADBAND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
16
Directors' transactions
(Continued)
16
The loans made to directors are repayable upon demand.
17
Parent company
At the year end the company was under the control of
F
aro Capital
Limited, a company registered in England & Wales with registered office at
39 Sloane Street, Knightsbridge, London, England, SW1X 9LP.
The smallest group in which the results of the Company are consolidated is that headed by
Faro Capital
Limited. The largest group in which the results of the Company are consolidated is that headed by IPGL (Holdings) Limited of
3
rd Floor 39 Sloane Street, Knightsbridge, London, United Kingdom, SW1X 9LP. The consolidated financial statements of this group are available to the public and may be obtained from
3r
d Floor 39 Sloane Street, Knightsbridge, London, United Kingdom, SW1X 9LP.
18
Non-audit services provided by auditor
In common with many businesses of our size and nature we use our auditor to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
2020-03-31
2019-04-01
false
23 February 2021
CCH Software
CCH Accounts Production 2020.310
No description of principal activity
This audit opinion is unqualified
Mr O J Bryssau
Mr H T L Wust
Prof M G D Hurley
Mr A P Simpson
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2020-03-31
07486862
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2019-03-31
07486862
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2019-03-31
07486862
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2019-03-31
07486862
core:CurrentFinancialInstruments
core:WithinOneYear
2020-03-31
07486862
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core:WithinOneYear
2019-03-31
07486862
core:Non-currentFinancialInstruments
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2020-03-31
07486862
core:Non-currentFinancialInstruments
core:AfterOneYear
2019-03-31
07486862
core:Non-currentFinancialInstruments
2020-03-31
07486862
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2019-03-31
07486862
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2020-03-31
07486862
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2019-03-31
07486862
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2020-03-31
07486862
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2019-03-31
07486862
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2020-03-31
07486862
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2019-03-31
07486862
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2020-03-31
07486862
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2019-03-31
07486862
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2018-03-31
07486862
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2018-03-31
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2018-03-31
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2018-03-31
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2020-03-31
07486862
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2019-03-31
07486862
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2019-03-31
07486862
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2019-04-01
2020-03-31
07486862
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2019-03-31
07486862
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2018-04-01
2019-03-31
07486862
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2018-04-01
2019-03-31
07486862
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2019-04-01
2020-03-31
07486862
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2019-04-01
2020-03-31
07486862
core:FurnitureFittings
2019-04-01
2020-03-31
07486862
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2019-04-01
2020-03-31
07486862
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2019-04-01
2020-03-31
07486862
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2019-03-31
07486862
core:NetGoodwill
2019-04-01
2020-03-31
07486862
core:FurnitureFittings
2019-03-31
07486862
core:ComputerEquipment
2019-03-31
07486862
core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment
2019-03-31
07486862
2019-03-31
07486862
core:CurrentFinancialInstruments
2020-03-31
07486862
core:CurrentFinancialInstruments
2019-03-31
07486862
core:Non-currentFinancialInstruments
1
2020-03-31
07486862
core:Non-currentFinancialInstruments
1
2019-03-31
07486862
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2020-03-31
07486862
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2020-03-31
07486862
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2020-03-31
07486862
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2019-04-01
2020-03-31
07486862
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2019-04-01
2020-03-31
07486862
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2019-04-01
2020-03-31
07486862
core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity
2020-03-31
07486862
bus:PrivateLimitedCompanyLtd
2019-04-01
2020-03-31
07486862
bus:SmallCompaniesRegimeForAccounts
2019-04-01
2020-03-31
07486862
bus:FRS102
2019-04-01
2020-03-31
07486862
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2019-04-01
2020-03-31
07486862
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2019-04-01
2020-03-31
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