GI Hadfield Propco Holdings Limited - Period Ending 2022-08-31

GI Hadfield Propco Holdings Limited

Balance Sheet
31 August 2022

	Note	2022 £	2021 £
Fixed assets
Investments	4	1	1
Capital and reserves
Called up share capital	5	1	1
Shareholders' funds		1	1

For the financial year ending 31 August 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 30 March 2023 and signed on its behalf by:
 

......................................... P D Harrison Director

Company Registration Number: 10898016

GI Hadfield Propco Holdings Limited

Notes to the Unaudited Financial Statements
31 August 2022

1	General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
One St Peter's Square
Manchester
M2 3DE

These financial statements were authorised for issue by the Board on 30 March 2023.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2021 - 3).

GI Hadfield Propco Holdings Limited

Notes to the Unaudited Financial Statements
31 August 2022

4	Investments

	2022 £	2021 £
Investments in subsidiaries	1	1

Subsidiaries	£
Cost or valuation
At 1 September 2021	1
Provision
Carrying amount
At 31 August 2022	1
At 31 August 2021	1

Details of undertakings

Details of the investments in which the Company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Registered office	Holding	Proportion of voting rights and shares held
			2022	2021
Subsidiary undertakings
DWFCO 9 Limited	England	Ordinary	100%	100%

Subsidiary undertakings

DWFCO 9 Limited The principal activity of DWFCO 9 Limited is that of letting and leased real estate. Its financial period end is 31 March.

5	Share capital

Allotted, called up and fully paid shares

	2022		2021
	No.	£	No.	£
Ordinary £1 of £1 each	1	1	1	1