Company Registration No. 09303882 (England and Wales)
GFLE Topco 7 Limited
Unaudited accounts
for the year ended 31 March 2018
GFLE Topco 7 Limited
Unaudited accounts
Contents
GFLE Topco 7 Limited
Company Information
for the year ended 31 March 2018
Directors
TJ Baldwin
SM Cole
WK Reed
DN Valentine
MS Voss
Company Number
09303882 (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 Topco 7 Limited
Statement of financial position
as at
31 March 2018
Creditors: amounts falling due within one year
(28,301)
(1,880)
Net current liabilities
(880)
(880)
Net liabilities
(800)
(800)
Called up share capital
1,000
1,000
Profit and loss account
(1,800)
(1,800)
Shareholders' funds
(800)
(800)
For the year ending 31 March 2018 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 28 March 2019.
WK Reed
Director
Company Registration No. 09303882
GFLE Topco 7 Limited
Notes to the Accounts
for the year ended 31 March 2018
GFLE Topco 7 Limited is a private company, limited by shares, registered in England and Wales, registration number 09303882. 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.
4
Investments
Subsidiary undertakings
Valuation at 1 April 2017
80
Valuation at 31 March 2018
80
Subisidary - GFLE Rushywood Ltd
Nature of Business: Renewable Energy
80% Holding of ordinary share capital
Aggregate capital and reserves - 2018 - (£1,100) (2017 - (£1,100))
Loss for the year - 2018 - £Nil (2017 - £600)
Joint Venture - Green Puffin Ltd
Nature of Business: Renewable Energy
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 - £2,046,394)
Loss for the year - 2018 - N/A (2017 - £321,550)
Following the removal of the shareholding, the investment of £26,501 in Green Puffin Ltd was reclassified as a loan.
Amounts due from group undertakings etc.
26,421
-
Other debtors
1,000
1,000
GFLE Topco 7 Limited
Notes to the Accounts
for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
1,200
600
Amounts owed to group undertakings and other participating interests
26,501
80
7
Share capital
2018
2017
Allotted, called up and fully paid:
1,000 A Ordinary shares of £0.50 each
500
500
1,000 B Ordinary shares of £0.50 each
500
500
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Transactions with related parties
In debtors there is a loan to GFLE Rushywood Ltd of £26,421 (2017 - Creditor £80). W Reed and S Cole are directors of both companies.
In creditors there is a loan from Greener for Life Energy Ltd of £26,501 (2017 - £Nil). W Reed, T Baldwin, S Cole, D Valentine and M Voss are directors of both companies. Greener for Life Energy Ltd entered voluntary liquidation on 14 September 2017.
9
Average number of employees
During the year the average number of employees was 0 (2017: 0).