FRONTLINE UTILITIES LTD




Company Registration Number:
07037173 (England and Wales)



Report of the Directors and Unaudited Financial Statements



Period of accounts


Start date: 01 November 2014

End date: 07 April 2015

FRONTLINE UTILITIES LTD

Contents of the Financial Statements
for the Period Ended 07 April 2015

Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

FRONTLINE UTILITIES LTD

Company Information
for the Period Ended 07 April 2015




Director: Richard Stephen Peck
Joseph Alan Hilton
Joseph Hilton
Secretary: Richard Peck
Registered office: 3
Dearnford Avenue
Bromborough
Wirral
Merseyside
CH62 6DX
Company Registration Number: 07037173 (England and Wales)

FRONTLINE UTILITIES LTD

Directors' Report Period Ended 07 April 2015

The directors present their report with the financial statements of the company for the period ended 07 April 2015

Principal activities

Development of computer software.

Directors
The directors shown below have held office during the whole of the period from
01 November 2014 to 07 April 2015
Richard Stephen Peck
Joseph Alan Hilton

The director(s) shown below resigned during the period
Joseph Hilton on 07 April 2015

Additional information

Extended product development.

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 25 June 2015
And Signed On Behalf Of The Board By:

Name: Richard Stephen Peck
Status: Director

FRONTLINE UTILITIES LTD

Profit and Loss Account

for the Period Ended 07 April 2015


Notes
5 months to
7 Apr 2015
£

2014
£
Turnover: 1,416
Cost of sales: ( 223 )
Gross profit or (loss): 0 1,193
Administrative expenses: ( 1,917 ) ( 15,459 )
Operating profit or (loss): 2 ( 1,917 ) ( 14,266 )
Profit or (loss) on ordinary activities before taxation: ( 1,917 ) ( 14,266 )
Profit (or loss) for the financial year: ( 1,917 ) ( 14,266 )

The notes form part of these financial statements

FRONTLINE UTILITIES LTD

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report

FRONTLINE UTILITIES LTD

Balance sheet
As at 07 April 2015


Notes
5 months to
7 Apr 2015
£

2014
£
Fixed assets
Tangible assets: 3 675 992
Total fixed assets: 675 992
Current assets
Stocks: 4 77,421 77,421
Cash at bank and in hand: 870
Total current assets: 77,421 78,291
Creditors: amounts falling due within one year: 5 ( 107,894 ) ( 107,164 )
Net current assets (liabilities): ( 30,473 ) ( 28,873 )
Total assets less current liabilities: ( 29,798 ) ( 27,881 )
Total net assets (liabilities): ( 29,798 ) ( 27,881 )

The notes form part of these financial statements

FRONTLINE UTILITIES LTD

Balance sheet continued
As at 07 April 2015


Notes
5 months to
7 Apr 2015
£

2014
£
Capital and reserves
Called up share capital: 6 19,010 19,010
Revaluation reserve: 0 0
Profit and loss account: 7 ( 48,808 ) ( 46,891 )
Members funds: ( 29,798 ) ( 27,881 )

For the year ending 07 April 2015 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.

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

The financial statements were approved by the Board of Directors on 25 June 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Richard Stephen Peck
Status: Director

The notes form part of these financial statements

FRONTLINE UTILITIES LTD

Notes to the Financial Statements
for the Period Ended 07 April 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company. In the year up to 31 October 2014, 100% of the company's revenue was procured from a single client in the UK. In 2015, no turnover was apparent.

FRONTLINE UTILITIES LTD

Notes to the Financial Statements
for the Period Ended 07 April 2015

  • 2. Operating profit or (loss)

    Operating profit or (loss) before tax as stated after charging the following.

    5 months to
    7 Apr 2015
    £

    2014
    £
    Depreciation - owned assets: 317 699

FRONTLINE UTILITIES LTD

Notes to the Financial Statements
for the Period Ended 07 April 2015

  • 3. Tangible assets

    Land and buildings Plant and Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    01 November 2014: - - 240 2,784 - 3,024
    Additions: - - - - - 0
    Disposals: - - - - - 0
    Revaluations: - - - - - 0
    Transfers: - - - - - 0
    07 April 2015: - - 240 2,784 - 3,024
    Depreciation
    01 November 2014: - - 180 1,852 - 2,032
    Charge for year: - - 19 298 - 317
    On disposals: - - - - - 0
    Other adjustments: - - - - - 0
    07 April 2015: - - 199 2,150 - 2,349
    Net book value
    07 April 2015: - - 41 634 - 675
    31 October 2014: - - 60 932 - 992

FRONTLINE UTILITIES LTD

Notes to the Financial Statements
for the Period Ended 07 April 2015

  • 4. Stocks

    5 months to
    7 Apr 2015
    £

    2014
    £
    Work in progress: 77,421 77,421
    Total: 77,421 77,421

FRONTLINE UTILITIES LTD

Notes to the Financial Statements
for the Period Ended 07 April 2015

  • 5. Creditors: amounts falling due within one year

    5 months to
    7 Apr 2015
    £

    2014
    £
    Other creditors: 107,894 107,164
    Total: 107,894 107,164

FRONTLINE UTILITIES LTD

Notes to the Financial Statements
for the Period Ended 07 April 2015

  • 6. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 19,010 1.00 19,010
    Preference shares: 0
    Total share capital (£): 19,010
    Current period 5 months to
    7 Apr 2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 19,010 1.00 19,010
    Preference shares: 0
    Total share capital (£): 19,010

FRONTLINE UTILITIES LTD

Notes to the Financial Statements
for the Period Ended 07 April 2015

  • 7. Profit and loss account

    5 months to
    7 Apr 2015
    £

    2014
    £
    Opening balance: ( 46,891 ) ( 32,625 )
    Profit or (loss) for the period: ( 1,917 ) ( 14,266 )
    Retained profit: ( 48,808 ) ( 46,891 )