Frontline Estates Ltd. - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 05209258 (England and Wales)

FRONTLINE ESTATES LTD.

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Weatherhead

Mrs R Weatherhead

REGISTERED OFFICE:

531 Denby Dale Road West

Calder Grove

Wakefield

West Yorkshire

WF4 3ND

REGISTERED NUMBER:

05209258 (England and Wales)

ACCOUNTANTS:

Harrison & Co

Chartered Accountants

531 Denby Dale Road West

Calder Grove

Wakefield

West Yorkshire

WF4 3ND

FIXED ASSETS

Tangible assets

4

11,649

15,318

CURRENT ASSETS

Stocks

84,488

253,084

Debtors

33,857

41,107

Cash at bank

80,300

128,343

198,645

422,534

CREDITORS

Amounts falling due within one year

175,166

401,443

NET CURRENT ASSETS

23,479

21,091

TOTAL ASSETS LESS CURRENT LIABILITIES

35,128

36,409

CREDITORS

Amounts falling due after more than one year

(28,704

)

(34,259

)

PROVISIONS FOR LIABILITIES

(150

)

(394

)

NET ASSETS

6,274

1,756

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6,174

1,656

6,274

1,756

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2024 and were signed on its behalf by:

Mr R Weatherhead - Director

Mrs R Weatherhead - Director

1.	STATUTORY INFORMATION

Frontline Estates Ltd. 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 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 October 2022

and 30 September 2023

11,918

16,150

28,068

DEPRECIATION

At 1 October 2022

8,712

4,038

12,750

Charge for year

641

3,028

3,669

At 30 September 2023

9,353

7,066

16,419

NET BOOK VALUE

At 30 September 2023

2,565

9,084

11,649

At 30 September 2022

3,206

12,112

15,318