Electric Word : Annual Report 2015 - Friday, 29 April, 2016

Layout 1

Annual Report 2014

Notes

22 | Annual Report | 30 November 2014

ELECTRIC WORD PLC 2015

For the year ended 30 November 2015

Electric Word PLC

Contents Introduction

Group Overview 5

2015 Highlights 6

Financial Summary 7

Strategic Report

Chairman's Statement 8

Business Model and Strategy 10

Principal Risks and Uncertainties 13

Business and Performance Review 15

Operating and Financial Review 19

Governance

Board of Directors 22

Directors' Report 23

Corporate Governance Statement 26

Remuneration Report 29

Corporate Responsibility Statement 32

Statement of Directors' Responsibilities 34

Summary Financial Statements

Independent Auditor's Report 35

Consolidated Statement of Comprehensive Income 36

Consolidated Group and Company Statements of Changes in Equity 37

Consolidated Group and Company Statements of Financial Position 38

Consolidated Group and Company Cash Flow Statement 40

Notes to the Financial Statements 41

3

Annual Report 2015

Electric Word PLC

Officers, Advisers and Other Corporate Information

DIRECTORS

AS Brode - Non-Executive ChairmanJJC Turner - Chief ExecutiveWE Fawbert - Executive DirectorS Routledge - Non-Executive DirectorH Marsh - Non-Executive Director

SECRETARY

WE Fawbert

REGISTERED OFFICE

2nd Floor,

5 Thomas More Square London E1W 1YW

AUDITOR

KPMG LLP

15 Canada Square London E14 5GL

SOLICITORS

Memery Crystal LLP

44 Southampton Buildings London WC2A 1AP

NOMINATED ADVISOR AND BROKER

Panmure Gordon (UK) Limited

One New Change London EC4M 9AF

COMPANY REGISTRATION NUMBER

3934419

REGISTRARS

Computershare Investor Services Plc

PO Box 82

The Pavilions Bridgwater Road Bristol BS99 7NH1

SELECTION OF ELECTRIC WORD GROUP WEBSITES

www.electricwordplc.com

EDUCATION

www.optimus-education.comwww.speechmark.net www.colorcardsapps.com

SPORT

www.tvsportsmarkets.com www.sportbusiness.com

4Annual Report 30 November 2015