EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Company Registration Number:
07022588 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Company Information

for the Period Ended 31 December 2023




Registered office: Royal Exchange
No. 1 Royal Exchange
London
GBR
EC3V 3DG
Company Registration Number: 07022588 (England and Wales)

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 846,964 966,707
Tangible assets: 5 0 101,386
Total fixed assets: 846,964 1,068,093
Current assets
Stocks: 0 0
Debtors: 161,465 1,554,342
Cash at bank and in hand: 543,190 2,348,598
Total current assets: 704,655 3,902,940
Prepayments and accrued income: 30,405 52,713
Creditors: amounts falling due within one year: ( 318,978 ) ( 3,126,708 )
Net current assets (liabilities): 416,082 828,945
Total assets less current liabilities: 1,263,046 1,897,038
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 202,938 ) ( 180,881 )
Accruals and deferred income: ( 55,072 ) ( 99,809 )
Total net assets (liabilities): 1,005,036 1,616,348

The notes form part of these financial statements

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 6 0 0
Profit and loss account: 1,004,036 1,615,348
Shareholders funds: 1,005,036 1,616,348

For the year ending 31 December 2023 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 12 March 2024
And Signed On Behalf Of The Board By:

Name: Neil Tansley
Status: Director

The notes form part of these financial statements

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 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

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 37 132

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 January 2023 1,200,096
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 December 2023 1,200,096
    Amortisation
    Amortisation at 01 January 2023 233,389
    Charge for year 119,743
    On disposals -
    Other adjustments -
    Amortisation at 31 December 2023 353,132
    Net book value
    Net book value at 31 December 2023 846,964
    Net book value at 31 December 2022 966,707

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible Assets

Total
Cost £
At 01 January 2023 306,508
Additions -
Disposals -
Revaluations (39,475)
Transfers -
At 31 December 2023 267,033
Depreciation
At 01 January 2023 205,122
Charge for year 61,911
On disposals -
Other adjustments -
At 31 December 2023 267,033
Net book value
At 31 December 2023 0
At 31 December 2022 101,386

EFFICIENT FRONTIERS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Revaluation reserve


2023
£
Balance at 01 January 2023 0
Surplus or deficit after revaluation 0
Balance at 31 December 2023 0