1 April 2023 v2024.54.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP071474772023-04-012024-03-31071474772024-03-31071474772023-03-3107147477core:WithinOneYear2024-03-3107147477core:WithinOneYear2023-03-3107147477core:AfterOneYear2024-03-3107147477core:AfterOneYear2023-03-3107147477core:ShareCapital2024-03-3107147477core:ShareCapital2023-03-3107147477core:RetainedEarningsAccumulatedLosses2024-03-3107147477core:RetainedEarningsAccumulatedLosses2023-03-3107147477bus:Director12023-04-012024-03-3107147477bus:RegisteredOffice2023-04-012024-03-3107147477core:NetGoodwill2023-04-012024-03-3107147477core:Goodwill2023-04-012024-03-3107147477core:OfficeEquipment2023-04-012024-03-3107147477core:FurnitureFittings2023-04-012024-03-31071474772022-04-012023-03-3107147477core:NetGoodwill2023-04-0107147477core:NetGoodwill2024-03-3107147477core:PlantMachinery2023-04-0107147477core:PlantMachinery2023-04-012024-03-3107147477core:PlantMachinery2024-03-3107147477core:PlantMachinery2023-03-310714747712023-04-012024-03-3107147477countries:EnglandWales2023-04-012024-03-3107147477bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3107147477bus:PrivateLimitedCompanyLtd2023-04-012024-03-3107147477bus:SmallEntities2023-04-012024-03-3107147477bus:FullAccounts2023-04-012024-03-31
Company registration number:
07147477
Frontier Public Relations Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2024
Frontier Public Relations Limited
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Intangible assets 5
2,648
  -  
Tangible assets 6
4,156
 
4,896
 
6,804
 
4,896
 
Current assets    
Debtors 7
11,184
 
25,269
 
Cash at bank and in hand
5,502
 
3,055
 
16,686
 
28,324
 
Creditors: amounts falling due within one year 8
(13,939
)
(21,861
)
Net current assets
2,747
 
6,463
 
Total assets less current liabilities 9,551   11,359  
Creditors: amounts falling due after more than one year 9
(11,339
)
(15,576
)
Net liabilities
(1,788
)
(4,217
)
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(1,888
)
(4,317
)
Shareholders deficit
(1,788
)
(4,217
)
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
31 October 2024
, and are signed on behalf of the board by:
D Edwards
Director
Company registration number:
07147477
Frontier Public Relations Limited
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Bramhall House 14 Ack Lane East
,
Bramhall
,
Stockport
,
SK7 2BY
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.
Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed five years.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill
20% straight line

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% reducing balance
Fixtures and fittings
20% straight line

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
2.00
).

5 Intangible assets

Goodwill
£
Cost  
At
1 April 2023
9,000
 
Additions
2,800
 
At
31 March 2024
11,800
 
Amortisation  
At
1 April 2023
9,000
 
Charge
152
 
At
31 March 2024
9,152
 
Carrying amount  
At
31 March 2024
2,648
 
At 31 March 2023 -  

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2023
14,411
 
Additions
595
 
At
31 March 2024
15,006
 
Depreciation  
At
1 April 2023
9,515
 
Charge
1,335
 
At
31 March 2024
10,850
 
Carrying amount  
At
31 March 2024
4,156
 
At 31 March 2023
4,896
 

7 Debtors

20242023
££
Trade debtors
4,950
 
18,566
 
Other debtors
6,234
 
6,703
 
11,184
 
25,269
 

8 Creditors: amounts falling due within one year

20242023
££
Trade creditors
799
 
993
 
Taxation and social security
6,788
 
16,251
 
Other creditors
6,352
 
4,617
 
13,939
 
21,861
 

9 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
11,339
 
15,576