ACCOUNTS - Final Accounts preparation

DAVID FROST ENTERPRISES LIMITED - Company Information

Registered number: 00926584

DAVID FROST ENTERPRISES LIMITED

UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015


DAVID FROST ENTERPRISES LIMITED

COMPANY INFORMATION

DIRECTOR	W P Frost


REGISTERED NUMBER	00926584


REGISTERED OFFICE	5 Elstree Gate
	Elstree Way
	Borehamwood
	Hertfordshire
	WD6 1JD


ACCOUNTANTS	Sopher + Co LLP
	Chartered Accountants
	5 Elstree Gate
	Elstree Way
	Borehamwood
	Hertfordshire
	WD6 1JD


DAVID FROST ENTERPRISES LIMITED

CONTENTS

	Page
Director's report	1
Profit and loss account	2
Balance sheet	2
Notes to the financial statements	3


DAVID FROST ENTERPRISES LIMITED

DIRECTOR'S REPORT

FOR THE YEAR ENDED 31 DECEMBER 2015

The director presents his report and the unaudited financial statements for the year ended 31 December 2015.

PRINCIPAL ACTIVITIES

The principal activity of the company was the exploitation of the services of Sir David Frost OBE in the United Kingdom. The company has not traded during the year and there are no plans to reactivate it.

DIRECTORS

The directors who served during the year were:

W P Frost

M S Rosenberg OBE (resigned 11 August 2015)

DIRECTOR'S RESPONSIBILITIES STATEMENT

The director is responsible for preparing the Director's report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

·select suitable accounting policies and then apply them consistently;

·make judgments and accounting estimates that are reasonable and prudent;

·prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board on 13 September 2016 and signed on its behalf.

W P Frost

Director

Page 1


DAVID FROST ENTERPRISES LIMITED REGISTERED NUMBER: 00926584

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2015

The company has not traded during the year or the preceding financial year. During these periods, the company received no income and incurred no expenditure and therefore made neither profit or loss.

BALANCE SHEET

AS AT 31 DECEMBER 2015

2015

2014

Note

CURRENT ASSETS
Debtors	2	98		19,293
CREDITORS: amounts falling due within one year	3	-		(19,195)
NET CURRENT ASSETS			98		98

TOTAL ASSETS LESS CURRENT LIABILITIES

CAPITAL AND RESERVES
Called up share capital	4	100	100
Profit and loss account		(2)	(2)

SHAREHOLDERS' FUNDS

The financial statements have been prepared in accordance with the special provisions applicable to small companies within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 December 2015 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year, in accordance with the requirements of sections 394 and 395 of the Act 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 were approved and authorised for issue by the board and were signed on its behalf on 13 September 2016.

W P Frost

Director

The notes on page 3 form part of these financial statements.

Page 2


DAVID FROST ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		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).

2.DEBTORS

	2015	2014
	£	£

Trade debtors	-	19,293
Amounts owed by group undertakings	98	-


	98	19,293

3.CREDITORS:
Amounts falling due within one year

	2015	2014
	£	£
Amounts owed to group undertakings	-	16,665
Corporation tax	-	601
Other creditors	-	1,929


	-	19,195

4.SHARE CAPITAL

	2015	2014
	£	£
Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

5.ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The directors regard Paradine Holdings Limited, a company registered in England & Wales, as the ultimate parent company.

Page 3