Frontline Performance UK Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08531698 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2015

for

Frontline Performance UK Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P T McLoughlin

Z Khoury

B Sheehe

REGISTERED OFFICE:

The Granary, Watermill House

Chevening Road

Chipstead

Sevenoaks

Kent

TN13 2RY

REGISTERED NUMBER:

08531698 (England and Wales)

ACCOUNTANTS:

AW Accounting

12 Chequers Close

Istead Rise

Gravesend

Kent

DA13 9HJ

FIXED ASSETS

Tangible assets

2

36,242

18,993

CURRENT ASSETS

Debtors

1,204,457

903,580

Cash at bank

306,437

44,926

1,510,894

948,506

CREDITORS

Amounts falling due within one year

1,295,601

799,875

NET CURRENT ASSETS

215,293

148,631

TOTAL ASSETS LESS CURRENT LIABILITIES

251,535

167,624

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

250,535

166,624

SHAREHOLDERS' FUNDS

251,535

167,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 August 2016 and were signed on its behalf by:

P T McLoughlin - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

50% on cost

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

26,361

Additions

44,751

At 31 December 2015

71,112

DEPRECIATION

At 1 January 2015

7,368

Charge for year

27,502

At 31 December 2015

34,870

NET BOOK VALUE

At 31 December 2015

36,242

At 31 December 2014

18,993

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	ULTIMATE PARENT COMPANY

ZYK Holdings Inc (incorporated in United States ) is regarded by the directors as being the company's ultimate

parent company.