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REGISTERED NUMBER: 03343247 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

FRONTIER MANAGEMENT CONSULTANTS LIMITED

FRONTIER MANAGEMENT CONSULTANTS LIMITED (REGISTERED NUMBER: 03343247)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

FRONTIER MANAGEMENT CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: L E Callaghan
J Callaghan





REGISTERED OFFICE: 9 Kingfisher Close
Hamble
Southampton
SO31 4PE





REGISTERED NUMBER: 03343247 (England and Wales)





ACCOUNTANTS: Hamble Accountancy Ltd
9 Kingfisher Close
Hamble
Southampton
SO31 4PE

FRONTIER MANAGEMENT CONSULTANTS LIMITED (REGISTERED NUMBER: 03343247)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 26
Investment property 5 575,000 575,000
575,000 575,026

CURRENT ASSETS
Debtors 6 1,560 1,132
Investments 7 11,165 11,165
Cash in hand 12,300 14,403
25,025 26,700
CREDITORS
Amounts falling due within one year 8 2,325 1,928
NET CURRENT ASSETS 22,700 24,772
TOTAL ASSETS LESS CURRENT
LIABILITIES

597,700

599,798

PROVISIONS FOR LIABILITIES 25,308 25,313
NET ASSETS 572,392 574,485

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 572,292 574,385
SHAREHOLDERS' FUNDS 572,392 574,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FRONTIER MANAGEMENT CONSULTANTS LIMITED (REGISTERED NUMBER: 03343247)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by:




J Callaghan - Director



L E Callaghan - Director


FRONTIER MANAGEMENT CONSULTANTS LIMITED (REGISTERED NUMBER: 03343247)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Frontier Management Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared on a going concern basis and under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Consolidated accounts
The company has taken advantage of the exemptions under s248 not to prepare consolidated accounts as the group qualifies as small.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

FRONTIER MANAGEMENT CONSULTANTS LIMITED (REGISTERED NUMBER: 03343247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 1,873
Disposals (781 )
At 30 September 2024 1,092
DEPRECIATION
At 1 October 2023 1,847
Charge for year 26
Eliminated on disposal (781 )
At 30 September 2024 1,092
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 26

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 575,000
NET BOOK VALUE
At 30 September 2024 575,000
At 30 September 2023 575,000

The fair value of the investment properties was arrived at on an open market value basis by reference to market evidence for similar residential buy to let properties. The valuation at the year end was made by the Directors.

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2002 52,935
Valuation in 2004 14,150
Valuation in 2006 20,000
Valuation in 2008 20,000
Valuation in 2014 60,000
Valuation in 2016 63,186
Valuation in 2017 20,000
Valuation in 2020 15,000
Cost 309,729
575,000

FRONTIER MANAGEMENT CONSULTANTS LIMITED (REGISTERED NUMBER: 03343247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors - 98
Other debtors 1,560 1,034
1,560 1,132

7. CURRENT ASSET INVESTMENTS
30.9.24 30.9.23
£    £   
Unlisted investments 11,165 11,165

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security - 328
Other creditors 2,325 1,600
2,325 1,928

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
J Callaghan
Balance outstanding at start of year - -
Amounts advanced 17,056 9,900
Amounts repaid (17,056 ) (9,900 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

L E Callaghan
Balance outstanding at start of year - -
Amounts advanced 7,424 9,900
Amounts repaid (7,424 ) (9,900 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FRONTIER MANAGEMENT CONSULTANTS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Frontier Management Consultants Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Frontier Management Consultants Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Frontier Management Consultants Limited and state those matters that we have agreed to state to the Board of Directors of Frontier Management Consultants Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Frontier Management Consultants Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Frontier Management Consultants Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Frontier Management Consultants Limited. You consider that Frontier Management Consultants Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Frontier Management Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hamble Accountancy Ltd
9 Kingfisher Close
Hamble
Southampton
SO31 4PE


11 March 2025