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Company Registration No. 12404568 (England and Wales)
THREE FRONTIERS CAPITAL LTD Unaudited accounts for the year ended 30 June 2023
THREE FRONTIERS CAPITAL LTD Unaudited accounts Contents
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THREE FRONTIERS CAPITAL LTD Company Information for the year ended 30 June 2023
Director
Marc Kitten
Company Number
12404568 (England and Wales)
Registered Office
182 KENNINGTON PARK ROAD LONDON SE11 4BT ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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THREE FRONTIERS CAPITAL LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
398,700 
394,264 
Current assets
Cash at bank and in hand
14,049 
17,785 
Creditors: amounts falling due within one year
(785)
(245)
Net current assets
13,264 
17,540 
Total assets less current liabilities
411,964 
411,804 
Creditors: amounts falling due after more than one year
(412,049)
(412,049)
Net liabilities
(85)
(245)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(86)
(246)
Shareholders' funds
(85)
(245)
For the year ending 30 June 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 February 2024 and were signed on its behalf by
Marc Kitten Director Company Registration No. 12404568
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THREE FRONTIERS CAPITAL LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
THREE FRONTIERS CAPITAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12404568. The registered office is 182 KENNINGTON PARK ROAD, LONDON, SE11 4BT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Investments
Other investments 
£ 
Valuation at 1 July 2022
394,264 
Additions
4,436 
Valuation at 30 June 2023
398,700 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
13 
13 
Loans from directors
593 
89 
Accruals
179 
143 
785 
245 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
412,049 
412,049 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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