GFLE Great Hele Limited

GFLE Great Hele Limited

GFLE GREAT HELE LIMITED - Company Information

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1 April 2017 true No description of principal activity Taxfiler 2018.21.Web 09476245business:PrivateLimitedCompanyLtd2017-04-012018-03-31 094762452017-03-31 09476245business:EntityHasNeverTraded2017-04-012018-03-31 094762452017-04-012018-03-31 09476245business:AuditExemptWithAccountantsReport2017-04-012018-03-31 09476245business:FullAccounts2017-04-012018-03-31 094762452018-03-31 09476245business:Director12017-04-012018-03-31 09476245business:Director22017-04-012018-03-31 09476245business:RegisteredOffice2017-04-012018-03-31 094762452017-03-31 09476245core:WithinOneYear2018-03-31 09476245core:WithinOneYear2017-03-31 09476245core:ShareCapital2018-03-31 09476245core:ShareCapital2017-03-31 09476245core:RetainedEarningsAccumulatedLosses2018-03-31 09476245core:RetainedEarningsAccumulatedLosses2017-03-31 09476245business:SmallEntities2017-04-012018-03-31 09476245countries:EnglandWales2017-04-012018-03-31 09476245core:AdditionsToInvestments2018-03-31 094762452016-04-012017-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09476245 (England and Wales)
GFLE Great Hele Limited Unaudited accounts for the year ended 31 March 2018
GFLE Great Hele Limited Unaudited accounts Contents
Page
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GFLE Great Hele Limited Company Information for the year ended 31 March 2018
Directors
WK Reed SM Cole
Company Number
09476245 (England and Wales)
Registered Office
Cleave Farm Templeton Tiverton Devon EX16 8BP United Kingdom
Accountants
EllamWalker Ltd Sydeham Farm Rackenford Tiverton Devon EX16 8ER
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GFLE Great Hele Limited Statement of financial position as at 31 March 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Investments
4
- 
50,001 
Current assets
Debtors
5
50,001 
1 
Creditors: amounts falling due within one year
6
(51,200)
(51,201)
Net current liabilities
(1,199)
(51,200)
Net liabilities
(1,199)
(1,199)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1,200)
(1,200)
Shareholders' funds
(1,199)
(1,199)
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 March 2019.
WK Reed Director Company Registration No. 09476245
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GFLE Great Hele Limited Notes to the Accounts for the year ended 31 March 2018
1
Statutory information
GFLE Great Hele Limited is a private company, limited by shares, registered in England and Wales, registration number 09476245. The registered office is Cleave Farm, Templeton, Tiverton, Devon, EX16 8BP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investments
Investments in shares are included at cost less any accumulated impairment losses.
4
Investments
Other investments 
£ 
Valuation at 1 April 2017
50,001 
Additions
(50,001)
Valuation at 31 March 2018
- 
Joint Venture - Condate Biogas Ltd Nature of Business: Production of electricity Shareholding ceased 2018 (2017 - 100% Holding of ordinary A share capital, 0% holding of ordinary B share capital) Aggregate capital and reserves - 2018 - N/A (2017 - £1,836,228) Loss for the year - 2018 - N/A (2017 - £1,821,006) Following the removal of the shareholding the investment of £50,001 in Condate Biogas Ltd was reclassified as a loan.
5
Debtors
2018 
2017 
£ 
£ 
Amounts due from group undertakings etc.
- 
1 
Other debtors
50,001 
- 
50,001 
1 
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GFLE Great Hele Limited Notes to the Accounts for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Amounts owed to group undertakings and other participating interests
50,600 
50,001 
Accruals
600 
1,200 
51,200 
51,201 
7
Transactions with related parties
In creditors, there is an amount due of £50,000 (2017 - debtor £1) to GFLE Topco 8 Ltd which is the parent company of GFLE Great Hele Ltd. In creditors, there is an amount due of £600 (2017 - £Nil) to GFL Dairy Ltd. W Reed is a director of both companies. In debtors, the amount due of £50,001 (2017 - creditor £50,001) is from Condate Biogas Ltd which was a joint venture where GFLE Great Hele Ltd now owns none of the shares (2017 - 100% of the ordinary A shares and 0% of the ordinary B shares). W Reed ceased to be a director of Condate Biogas Ltd on 20 November 2017.
8
Controlling party
The ultimate parent company is GFLE Topco 8 Ltd. The ultimate controlling party is WK Reed.
9
Average number of employees
During the year the average number of employees was 0 (2017: 0).
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