Corporate Governance Group Limited

DIRECTORS’ REPORT on THE ACCOUNTS FOR THE PERIOD TO 31 MARCH 2018

Corporate Governance Group Limited (CGG) is continuing to mature from a start-up and to establish itself in accordance with the Group’s overall strategic plan. The Group comprises CGG the parent company, and three subsidiaries: Corporate Governance Online Limited (CGO), Corporate Governance Shop Limited (CGS), and The World Is Your Oyster Limited (TWIYO), a charity. Consolidated accounts have not been prepared.

CGG incurred a loss of £6,359 in respect of its shortened reporting period to 31 March 2018, in line with expectations. The Directors keep the costs of the whole group under constant review and maintain them at a low level.

Shares in CGG are not quoted on any stock exchange and currently are not traded. However it is the Board’s intention that they shall become both privately and internally traded in due course, preparatory to flotation on NEX Exchange in October 2020. To facilitate private and internal trade, the shares in CGG and each of its subsidiaries will be valued periodically, based on a formula given to the Group’s external auditors, Kingsley Brackman. Valuations by the Board will be independently verified by Kingsley Brackman.

CGG will publish relevant financial details from time to time, as deemed appropriate.

The Directors are working to ensure that the strategic plan stays on track, including the appointment of Talent Captains to oversee consultants and staff, the launch of an expanded sales effort and the propagation on the Internet of further planned websites.

Group Chairman Ian Ilsley FCCA added:”The board continues to review strategic options for the future development of the group.”

Corporate Governance Shop Limited

DIRECTOR’S REPORT on THE ACCOUNTS FOR THE PERIOD TO 31 MARCH 2018

The company is a subsidiary of Corporate Governance Group Limited.

CGS incurred a loss of £8,380 in respect of its shortened reporting period to 31 March 2018, in line with expectations. The costs of the company are kept under constant review and are maintained at an economical level.

Further financial details will be published from time to time on the company’s website www.CorporateGovernance.Shop

Corporate Governance Online Limited

DIRECTOR’S REPORT on THE ACCOUNTS FOR THE PERIOD TO 31 MARCH 2018

The company is a subsidiary of Corporate Governance Group Limited.

CGO is a dormant company pending trading via a new website to be published later in 2018.

 

The World is Your Oyster Limited

DIRECTOR’S REPORT on THE ACCOUNTS FOR THE PERIOD TO 31 MARCH 2018

The company is a subsidiary of Corporate Governance Group Limited.

TWIYO is a dormant company pending registration as a charity and charitable activity. A new website is planned, to be published later in 2018.

 

[2 June 2018]

We plan to float on NEX exchange in October 2020. We seek ‘seed corn’ funding of £50,000 now

If you would like to see our audited Accounts for the six months to 31 March 2018, or other informative documents, please contact us using the Contact page or email us at info@corporategovernance.shop

Our parent company Corporate Governance Group Limited is the parent of three subsidiaries providing Corporate Governance assurance resources of the highest order worldwide to all sectors. This company Corporate Governance Shop Limited provides outsourced risk management, internal audit, compliance, Health & Safety, Anti Money Laundering, Quality Assurance, commercial mediation, due diligence and other assurance services, as well as recruitment in these disciplines; we are both outsourcers and recruiters. Corporate Governance Online Limited makes online sales via the Internet.  The World Is Your Oyster Limited – TWIYO – a charity – places Interns and work experience school pupils in posts for donations rather than fees.

Some subsidiaries can accept shares in payment of fees