Frontier Asset Limited - Accounts to registrar (filleted) - small 18.2

Frontier Asset Limited - Accounts to registrar (filleted) - small 18.2

SEVEN EIGHT ASSET LIMITED - Company Information

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REGISTERED NUMBER: 06725808 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2018

for

FRONTIER ASSET LIMITED
FRONTIER ASSET LIMITED (REGISTERED NUMBER: 06725808)

Contents of the Financial Statements
for the Year Ended 31 October 2018










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


FRONTIER ASSET LIMITED

Company Information
for the Year Ended 31 October 2018







DIRECTOR: Mr W Richards





SECRETARY: Windsor Accountancy Limited





REGISTERED OFFICE: Suite 1, Unit A1
Tectonic Place
Holyport Road
Maidenhead
Berkshire
SL6 2YE





REGISTERED NUMBER: 06725808 (England and Wales)





ACCOUNTANTS: Windsor Accountancy Limited
Chartered Certified Accountants
Suite 1, Unit A1
Tectonic Place
Holyport Road
Maidenhead
Berkshire
SL6 2YE
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Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Frontier Asset Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and
the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Frontier Asset Limited for the year ended 31 October 2018 which comprise the Income
Statement, Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Frontier Asset Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Frontier Asset Limited and state those matters that we have agreed to state to the director of Frontier Asset Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Frontier Asset Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Frontier Asset Limited. You consider that Frontier Asset Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Frontier Asset Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Windsor Accountancy Limited
Chartered Certified Accountants
Suite 1, Unit A1
Tectonic Place
Holyport Road
Maidenhead
Berkshire
SL6 2YE


6 February 2019

This page does not form part of the statutory financial statements

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FRONTIER ASSET LIMITED (REGISTERED NUMBER: 06725808)

Balance Sheet
31 October 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Debtors 3 31,318 18,996
Cash at bank 165 9,892
31,483 28,888
CREDITORS
Amounts falling due within one year 4 (30,479 ) (25,247 )
NET CURRENT ASSETS 1,004 3,641
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,004
3,641

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,002 3,639
SHAREHOLDERS' FUNDS 1,004 3,641

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 6 February 2019 and were signed by:





Mr W Richards - Director


The notes form part of these financial statements

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FRONTIER ASSET LIMITED (REGISTERED NUMBER: 06725808)

Notes to the Financial Statements
for the Year Ended 31 October 2018


1. STATUTORY INFORMATION

Frontier Asset Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 31,318 18,996

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 30,319 25,087
Other creditors 160 160
30,479 25,247

5. RELATED PARTY DISCLOSURES

At the year end the director Mr W Richards owed the company £27,519 (2017 : £15,196)

6. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr and Mrs W Richards, the directors, by virtue of their 100% holding of the issued
share capital of the company.

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