Company Registration No. 08816653 (England and Wales)
GFLE Fraddon (Holding) Limited
Unaudited accounts
for the year ended 31 March 2018
GFLE Fraddon (Holding) Limited
Unaudited accounts
Contents
GFLE Fraddon (Holding) Limited
Company Information
for the year ended 31 March 2018
Directors
WK Reed
SM Cole
TJ Baldwin
MJ Chesshire
D Valentine
MS Voss
Company Number
08816653 (England and Wales)
Registered Office
Cleave Farm
Templeton
Tiverton
Devon
EX16 8BP
United Kingdom
Accountants
EllamWalker Ltd
Sydeham Farm
Rackenford
Tiverton
Devon
EX16 8ER
GFLE Fraddon (Holding) Limited
Statement of financial position
as at
31 March 2018
Creditors: amounts falling due within one year
(1,210)
(1,200)
Net current liabilities
(1,190)
(1,200)
Net liabilities
(1,190)
(1,190)
Called up share capital
10
10
Profit and loss account
(1,200)
(1,200)
Shareholders' funds
(1,190)
(1,190)
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 15 March 2019.
WK Reed
Director
Company Registration No. 08816653
GFLE Fraddon (Holding) Limited
Notes to the Accounts
for the year ended 31 March 2018
GFLE Fraddon (Holding) Limited is a private company, limited by shares, registered in England and Wales, registration number 08816653. 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at cost less any accumulated impairment losses.
4
Investments
Other investments
Valuation at 1 April 2017
10
Valuation at 31 March 2018
-
Joint Venture - Fraddon Biogas Ltd
Nature of Business: Production of electricity
Shareholding ceased 2018 (2017 - 100% Holding of ordinary share capital, 0% holding of ordinary A share capital)
Aggregate capital and reserves - 2018 - N/A (2017 - (£1,622,944))
Loss for the year - 2018 N/A (2017 - £1,735,281)
Following the removal of the shareholding the investment of £10 in Fraddon Biogas Ltd was reclassified as a loan.
The Fraddon Biogas Ltd year end is not co-terminus with the parent company as the subsidiary was incorporated in December 2013 and has retained the automatic December year end.
GFLE Fraddon (Holding) 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
-
10
Loans from directors
-
(10)
7
Transactions with related parties
In creditors, the amount due of £Nil - (2017 - (£10)) is from WK Reed, a director of GFLE Fraddon (Holding) Ltd.
In creditors, the amount due of £10 (2017 - £10) is to Fraddon Biogas Ltd, which was a joint venture where GFLE Fraddon Ltd now owns none of the shares (2017 - 100% of the ordinary shares and 0% of the ordinary A shares).
W Reed ceased to be a director of Fraddon Biogas Ltd on 25 September 2017.
8
Average number of employees
During the year the average number of employees was 0 (2017: 0).