GFLE Holdings 3 Limited

GFLE Holdings 3 Limited

GFLE HOLDINGS 3 LIMITED - Company Information

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1 April 2016 false No description of principal activity Taxfiler 2018.3.Web 09191088business:PrivateLimitedCompanyLtd2016-04-012017-03-31 091910882016-03-31 09191088business:EntityHasNeverTraded2016-04-012017-03-31 091910882016-04-012017-03-31 09191088business:AuditExemptWithAccountantsReport2016-04-012017-03-31 09191088business:FullAccounts2016-04-012017-03-31 091910882017-03-31 09191088business:Director12016-04-012017-03-31 09191088business:Director22016-04-012017-03-31 09191088business:Director32016-04-012017-03-31 09191088business:Director42016-04-012017-03-31 09191088business:Director52016-04-012017-03-31 09191088business:RegisteredOffice2016-04-012017-03-31 091910882016-03-31 09191088core:WithinOneYear2017-03-31 09191088core:WithinOneYear2016-03-31 09191088core:ShareCapital2017-03-31 09191088core:ShareCapital2016-03-31 09191088core:RetainedEarningsAccumulatedLosses2017-03-31 09191088core:RetainedEarningsAccumulatedLosses2016-03-31 09191088business:SmallEntities2016-04-012017-03-31 09191088countries:EnglandWales2016-04-012017-03-31 0919108812016-04-012017-03-31 091910882015-09-012016-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09191088 (England and Wales)
GFLE Holdings 3 Limited Unaudited accounts for the year ended 31 March 2017
GFLE Holdings 3 Limited Unaudited accounts Contents
Page
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GFLE Holdings 3 Limited Company Information for the year ended 31 March 2017
Directors
TJ Baldwin SM Cole WK Reed DN Valentine MS Voss
Company Number
09191088 (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 Holdings 3 Limited Statement of financial position as at 31 March 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Investments
4
80 
80 
Current assets
Debtors
5
39,740 
39,740 
Creditors: amounts falling due within one year
6
(40,620)
(40,020)
Net current liabilities
(880)
(280)
Net liabilities
(800)
(200)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(1,800)
(1,200)
Shareholders' funds
(800)
(200)
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 24 April 2018.
WK Reed Director Company Registration No. 09191088
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GFLE Holdings 3 Limited Notes to the Accounts for the year ended 31 March 2017
1
Statutory information
GFLE Holdings 3 Limited is a private company, limited by shares, registered in England and Wales, registration number 09191088. 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
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015
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 accumulated impairment losses.
4
Investments
Other investments 
£ 
Valuation at 1 April 2016
80 
Valuation at 31 March 2017
80 
Subsidiary - GFLE Enfield Ltd Nature of Business: Production of electricity 80% Holding of ordinary share capital Aggregate capital and reserves - 2017 - (£1,700) (2016 - (£1,100)) Loss for the year - 2017 £600 (2016 - £600) Joint Venture - Gorst Energy Ltd Nature of Business: Production of electricity 100% Holding of ordinary A share capital, 0% holding of ordinary B share capital Aggregate capital and reserves - 2017 - £1,372,932 (2016 - £3,161,176) Loss for the year - 2017 £1,788,244 (2016 - £1,310,857)
5
Debtors
2017 
2016 
£ 
£ 
Amounts due from group undertakings etc.
38,740 
38,740 
Other debtors
1,000 
1,000 
39,740 
39,740 
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GFLE Holdings 3 Limited Notes to the Accounts for the year ended 31 March 2017
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Trade creditors
600 
1,200 
Amounts owed to group undertakings and other participating interests
80 
80 
Other creditors
38,740 
38,740 
Accruals
1,200 
- 
40,620 
40,020 
7
Transactions with related parties
Included in other debtors is a loan of £38,740 (2016 - £38,740) to GFLE Enfield Ltd. SM Cole and WK Reed are also directors of GFLE Enfield Ltd Included in other creditors is a loan of £38,740 (2016 - £38,740) from Greener for Life Energy Ltd. TJ Baldwin, SM Cole, WK Reed, DN Valentine and MS Voss are also directors of Greener for Life Energy Ltd.
8
Post balance sheet events
An associated company, Greener for Life Energy Ltd, owned by the controlling party went into voluntary liquidation on the 29 August 2017. This happened after the accounting year to which these accounts relate but before these accounts were drawn up. At the time of writing, the directors are taking advice on the effect which that event has had, may have or will have on this company and the group to which it belongs.
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
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