Company Registration No. SC509131 (Scotland)
Frontiers Menswear Limited
Abbreviated unaudited accounts
for the period from 23 June 2015 to 30 June 2016
Frontiers Menswear Limited
Abbreviated Balance Sheet
as at 30 June 2016
Cash at bank and in hand
7,796
Creditors: amounts falling due within one year
(98,241)
Net current liabilities
(53,841)
Called up share capital
100
Profit and loss account
(25,196)
Total shareholders' funds
(25,096)
For the period ending 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 6 October 2016
Nigel Pashley
Director
Company Registration No. SC509131
Frontiers Menswear Limited
Notes to the Abbreviated Accounts
for the period from 23 June 2015 to 30 June 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on a straight line basis
Fixtures & fittings
20% on a straight line basis
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Other
3
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Additions
4,202
20,203
24,405
At 30 June 2016
4,202
20,203
24,405
Charge for the year
840
2,020
2,860
At 30 June 2016
840
2,020
2,860
At 30 June 2016
3,362
18,183
21,545
Frontiers Menswear Limited
Notes to the Abbreviated Accounts
for the period from 23 June 2015 to 30 June 2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
