Potter's GCL Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07162289 (England and Wales)

POTTER'S GCL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J E Potter

Miss D M Potter

REGISTERED OFFICE:

Potter House

Henfaes Lane

Welshpool

Powys

SY21 7BE

REGISTERED NUMBER:

07162289 (England and Wales)

FIXED ASSETS

Investments

4

2,451,286

CURRENT ASSETS

Cash at bank

448

CREDITORS

Amounts falling due within one year

5

2,451,733

NET CURRENT LIABILITIES

(2,451,285

)

(2,451,285

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1

CAPITAL AND RESERVES

Called up share capital

1

SHAREHOLDERS' FUNDS

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31 January 2020 and were signed on its behalf by:

Miss D M Potter - Director

1.	STATUTORY INFORMATION

Potter's GCL Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2018

and 30 April 2019

2,451,286

NET BOOK VALUE

At 30 April 2019

2,451,286

At 30 April 2018

2,451,286

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Gwynt Cymru Limited

Registered office:

Nature of business: Electricity production

%

Class of shares:

holding

Ordinary

100.00

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Trade creditors

1

Amounts owed to group undertakings

1,738,765

Other creditors

712,237

Directors' current accounts

730

2,451,733

6.	RELATED PARTY DISCLOSURES

Included within Other Creditors is an amount due to Gwynt Cymru Limited (which is the 100% subsidiary

company of Potters GCL Limited) of £1,738,765 (2018: £1,738,765), a company in which DM Potter ( director )

and JE Potter ( director ) are directors

Potter's GCL Ltd - Accounts to registrar (filleted) - small 18.2

Potter's GCL Ltd - Accounts to registrar (filleted) - small 18.2