12111072falseManagement consultancy activities other than financial management2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-07-31http://www.companieshouse.gov.uk/cd:Director12022-08-012023-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-07-31http://www.companieshouse.gov.uk/pt:SharePremium2022-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director22022-08-012023-07-31http://www.companieshouse.gov.uk/pt:SharePremium2023-07-31http://www.companieshouse.gov.uk/cd:Director32022-08-012023-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-08-012023-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-08-012023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-07-31http://www.companieshouse.gov.uk/2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/cd:FRS1022022-08-012023-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-08-012023-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12111072

New Frontier Holdings Ltd

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2023

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

New Frontier Holdings Ltd

ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2023
DIRECTORS
I Richardson
A J Liebenberg
J B Simpson
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12111072
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

New Frontier Holdings Ltd

ACCOUNTS
FOR THEYEARENDED31 JULY 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

New Frontier Holdings Ltd

BALANCE SHEET AT 31 July 2023
20232022
Notes££
FIXED ASSETS
Tangible assets31,0341,378
Investment Assets45,0005,000
6,0346,378
CURRENT ASSETS
Debtors5379,946298,441
Cash at bank and in hand1,951-
381,897298,441
CREDITORS: Amounts falling due within one year692,04679,392
NET CURRENT ASSETS289,851219,049
TOTAL ASSETS LESS CURRENT LIABILITIES295,885225,427
CAPITAL AND RESERVES
Called up share capital76,5966,191
Share premium account81,184,956919,559
Profit and loss account(895,667)(700,323)
SHAREHOLDERS' FUNDS295,885225,427
For the year ending 31 July 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21 August 2024 and signed on their behalf by
.............................
I Richardson
Director

New Frontier Holdings Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1d. Investments
Fixed asset investments are shown at cost less impairment.
1e. Statutory Information
New Frontier Holdings Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 12111072 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, England, TW7 4PU.
1f. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
2. EMPLOYEES
20232022
No.No.
Average number of employees--

New Frontier Holdings Ltd

3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 1 August 20222,8302,830
At 31 July 20232,8302,830
Depreciation
At 1 August 20221,4521,452
For the year344344
At 31 July 20231,7961,796
Net Book Amounts
At 31 July 20231,0341,034
At 31 July 20221,3781,378
4. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 1 August 20225,0005,000
At 31 July 20235,0005,000
Amortisation
Net Book Amounts
At 31 July 20235,0005,000
At 31 July 20225,0005,000
New Frontier Holdings Ltd owns 100% of the shares in Frontier Botanics Ltd.
5. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors230,121214,948
Amounts due from group companies149,71683,384
Prepayments109109
379,946298,441

New Frontier Holdings Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Directors current account5,2828,979
Bank loans and overdrafts-5
Bank Loan6,9549,616
Loans38,11040,000
Other creditors38,83219,724
Accruals2,8681,068
92,04679,392
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
65,960,249 Ordinary shares of £.0001 each6,5966,191
6,5966,191
New shares issued during period:
4,050,300 Ordinary shares of £.0001 each405591
405591
8. SHARE PREMIUM ACCOUNT 20232022
££
Share premium account1,184,956919,559
9. RELATED PARTY TRANSACTIONS
The Company has taken exemption under section 1AC.35 of the Financial Reporting Standard 102, from disclosing transactions with group companies, on the grounds that each company party to the transactions is wholly owned within the group.