Company Registration No. 09082194 (England and Wales)
GFLE Holdings 2 Limited
Unaudited accounts
for the year ended 31 March 2022
GFLE Holdings 2 Limited
Unaudited accounts
Contents
GFLE Holdings 2 Limited
Company Information
for the year ended 31 March 2022
Directors
WK Reed
D Valentine
Company Number
09082194 (England and Wales)
Registered Office
Cleave Farm
Templeton
Tiverton
Devon
EX16 8BP
United Kingdom
Accountants
EllamWalker Accountants Ltd
Sydeham Farm
Rackenford
Tiverton
Devon
EX16 8ER
GFLE Holdings 2 Limited
Statement of financial position
as at
31 March 2022
Creditors: amounts falling due within one year
-
(41,801)
Net current assets/(liabilities)
40,006
(1,795)
Net assets/(liabilities)
40,011
(1,790)
Called up share capital
10
10
Profit and loss account
40,001
(1,800)
Shareholders' funds
40,011
(1,790)
For the year ending 31 March 2022 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.
The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2023 and were signed on its behalf by
WK Reed
Director
Company Registration No. 09082194
GFLE Holdings 2 Limited
Notes to the Accounts
for the year ended 31 March 2022
GFLE Holdings 2 Limited is a private company, limited by shares, registered in England and Wales, registration number 09082194. 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 accumulated impairment losses.
4
Investments
Other investments
Valuation at 1 April 2021
5
Valuation at 31 March 2022
5
Subsidiary - GFLE Coston Ltd
Nature of Business: Production of electricity
55% Holding of ordinary A share capital
Aggregate capital and reserves - 2022 - £1,200 (2021 - (£1,790))
Loss for the year - 2022 £Nil (2021 - £Nil)
Joint Venture - Avocet Renewables Ltd
Nature of Business: Renewable Energy
Shareholding ceased 2018
Following the removal of the shareholding, the investment of £40,001 in Avocet Renewables Ltd was reclassified as a loan.
Amounts falling due within one year
Amounts due from group undertakings etc.
39,996
39,996
GFLE Holdings 2 Limited
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Amounts owed to group undertakings and other participating interests
-
41,201
7
Transactions with related parties
Included in debtors is an amount due of £39,996, (2021 - £39,996) - this is a loan to GFLE Coston Ltd. Directors WK Reed is also a director of GFLE Coston Ltd.
Included in other creditors is a loan of £Nil (2021 - £40,001) from Greener for Life Energy Ltd. Directors WK Reed, TJ Baldwin, SM Cole, D Valentine and MS Voss were all directors of Greener for Life Energy Ltd. Greener for Life Energy Ltd has now been dissolved.
Also included in creditors is a loan of £Nil (2021 - £1,200) from GFL Dairy Ltd. W Reed is also a director of GFL Dairy Ltd.
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).