Frontier Design Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03534267

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2018

FOR

FRONTIER DESIGN SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C K Millinson

SECRETARY:

Mrs S L Millinson

REGISTERED OFFICE:

12 Kinloch Drive

Dudley

West Midlands

DY1 3DB

REGISTERED NUMBER:

03534267

ACCOUNTANTS:

Collins Chapple & Co Limited

34a Musters Road

West Bridgford

Nottingham

NG2 7PL

FIXED ASSETS

Tangible assets

4

-

193

CURRENT ASSETS

Cash at bank

35,747

28,668

CREDITORS

Amounts falling due within one year

5

12,095

11,842

NET CURRENT ASSETS

23,652

16,826

TOTAL ASSETS LESS CURRENT LIABILITIES

23,652

17,019

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

23,642

17,009

SHAREHOLDERS' FUNDS

23,652

17,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 23 August 2019 and were signed by:

C K Millinson - Director

1.	STATUTORY INFORMATION

Frontier Design Solutions Limited is a private company, limited by shares , registered in Not specified/Other.

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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2017

and 30 November 2018

12,281

DEPRECIATION

At 1 December 2017

12,088

Charge for year

193

At 30 November 2018

12,281

NET BOOK VALUE

At 30 November 2018

-

At 30 November 2017

193

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Tax

6,791

6,553

Social security and other taxes

576

587

VAT

3,491

3,465

Accrued expenses

1,237

1,237

12,095

11,842

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C K Millinson.