Accounts Submission

Accounts Submission

FRONTERA DESIGNERS LTD. - Company Information

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FRONTERA DESIGNERS LTD.

Company Registration Number:
SC160783 (Scotland)

Unaudited abridged accounts for the year ended 05 April 2018

Period of accounts

Start date: 06 April 2017

End date: 05 April 2018

Page 1

FRONTERA DESIGNERS LTD.

Contents of the Financial Statements

for the Period Ended 05 April 2018

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Page 2

FRONTERA DESIGNERS LTD.

Company Information

for the Period Ended 05 April 2018




Director: John Clark
Avril Clark
Secretary: John Clark
Registered office: Flat 1-1
54 Ferry Road
Glasgow
G3 8QD
Company Registration Number: SC160783 (Scotland)

Page 3

FRONTERA DESIGNERS LTD.

Directors' Report Period Ended 05 April 2018

The directors present their report with the financial statements of the company for the period ended 05 April 2018

Principal Activities

Wholesale clothing, engineering design.

Political and charitable donations

None.

Company policy on the employment of disabled persons

None.

Directors

The directors shown below have held office during the whole of the period from 06 April 2017 to 05 April 2018
John Clark
Avril Clark

Secretary
John Clark

This report was approved by the board of directors on 20 December 2018
And Signed On Behalf Of The Board By:

Name: John Clark
Status: Director

Page 4

FRONTERA DESIGNERS LTD.

Profit and Loss Account

for the Period Ended 05 April 2018


Notes
2018
£
2017
£
Gross Profit or (Loss) 8,104 35,290
Distribution Costs (0) (0)
Administrative Expenses (7,941) (7,558)
Operating Profit or (Loss) 163 27,732
Interest Receivable and Similar Income 321 165
Interest Payable and Similar Charges - (0)
Profit or (Loss) Before Tax 484 27,897
Tax on Profit (92) (5,579)
Profit or (Loss) for Period 392 22,318

The notes form part of these financial statements

Page 5

FRONTERA DESIGNERS LTD.

Balance sheet

As at 05 April 2018


Notes
2018
£
2017
£
Fixed assets
Intangible assets: 2 0 0
Tangible assets: 3 0 0
Total fixed assets: 0 0
Current assets
Stocks: 29,496 29,496
Debtors: 415 425
Cash at bank and in hand: 180,371 224,546
Total current assets: 210,282 254,467
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 210,282 254,467
Total assets less current liabilities: 210,282 254,467
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 27,846 ) ( 51,421 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 182,436 203,046

The notes form part of these financial statements

Page 6

FRONTERA DESIGNERS LTD.

Balance sheet continued

As at 05 April 2018


Notes
2018
£
2017
£
Capital and reserves
Called up share capital: 1,003 1,003
Revaluation reserve: 4 0 0
Profit and loss account: 181,433 202,043
Shareholders funds: 182,436 203,046

For the year ending 5 April 2018 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 December 2018
And Signed On Behalf Of The Board By:

Name: John Clark
Status: Director

The notes form part of these financial statements

Page 7

FRONTERA DESIGNERS LTD.

Notes to the Financial Statements

for the Period Ended 05 April 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Page 8

FRONTERA DESIGNERS LTD.

Notes to the Financial Statements

for the Period Ended 05 April 2018

  • 2. Intangible assets

    Total
    Cost £
    At 06 April 2017 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 05 April 2018 0
    Amortisation
    Amortisation at 06 April 2017 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 05 April 2018 0
    Net book value
    Net book value at 05 April 2018 0
    Net book value at 05 April 2017 0

Page 9

FRONTERA DESIGNERS LTD.

Notes to the Financial Statements

for the Period Ended 05 April 2018

3. Tangible Assets

Total
Cost £
At 06 April 2017 0
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 05 April 2018 0
Depreciation
At 06 April 2017 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 05 April 2018 0
Net book value
At 05 April 2018 0
At 05 April 2017 0

Page 10

FRONTERA DESIGNERS LTD.

Notes to the Financial Statements

for the Period Ended 05 April 2018

4. Revaluation reserve


2018
£
Balance at 06 April 2017 0
Surplus or deficit after revaluation 0
Balance at 05 April 2018 0

Page 11