FREQUENT OIL LIMITED - Filleted accounts
FREQUENT OIL LIMITED - Filleted accounts
Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2018 | 2017 | |||||
£ | £ | ||||||
Current assets | |||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 3 | ( |
( |
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Net current liabilities | ( |
( |
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Net liabilities | ( |
( |
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Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | ( |
( |
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Shareholder's funds | ( |
( |
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P H Rocholl | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
The financial statements have been prepared on a going concern basis. The company has the support of the parent company Boreas Resources Ltd. |
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Revenue recognition | ||||||||
Intangible fixed assets | ||||||||
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date. Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses. |
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Debtors | ||||||||
Creditors | ||||||||
Foreign currency translation | ||||||||
2 | Intangible fixed assets | £ | ||||||
Patent: | ||||||||
Cost | ||||||||
At 1 May 2017 | ||||||||
At 30 April 2018 | ||||||||
Amortisation | ||||||||
At 1 May 2017 | ||||||||
At 30 April 2018 | ||||||||
Net book value | ||||||||
At 30 April 2018 | - | |||||||
Patent is fully depreciated. | ||||||||
3 | Creditors: amounts falling due within one year | 2018 | 2017 | |||||
£ | £ | |||||||
Other creditors | ||||||||
4 | Other information | |||||||
FREQUENT OIL LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
112 Jermyn Street | ||||||||
London | ||||||||
SW1Y 6LS |