03043576falsethat of design, manufacture and sale of specialist cars and components2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/cd:Director22023-07-012024-06-30http://www.companieshouse.gov.uk/cd:Director32023-07-012024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:MotorCars2023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:MotorCars2024-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012024-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2024-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03043576

FRONTLINE SPRIDGET LTD

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

FRONTLINE SPRIDGET LTD

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
Timothy Fenna
Sally Fenna
Conner Matthews
REGISTERED OFFICE
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03043576
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

FRONTLINE SPRIDGET LTD

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets2319,529332,208
CURRENT ASSETS
Stock248,189125,109
Debtors41,176,1991,128,408
Cash at bank and in hand99,920187,189
1,524,3081,440,706
CREDITORS: Amounts falling due within one year5812,331670,241
NET CURRENT ASSETS711,977770,465
TOTAL ASSETS LESS CURRENT LIABILITIES1,031,5061,102,673
CREDITORS: Amounts falling due after more than one year6547,869659,434
PROVISIONS FOR LIABILITIES AND CHARGES813,67415,093
NET ASSETS469,963428,146
CAPITAL AND RESERVES
Called up share capital9200200
Profit and loss account469,763427,946
SHAREHOLDERS' FUNDS469,963428,146
For the year ending 30/06/2024 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.
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 21/03/2025 and signed on their behalf by
.............................
Timothy Fenna
Director

FRONTLINE SPRIDGET LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
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 - 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.
Land And Buildingsreducing balance 15%
Plant and Machinerystraight line 15%
Motor Carsstraight line 10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

FRONTLINE SPRIDGET LTD

2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryMotor CarsTotal
££££
Cost
At 01/07/2023336,632215,56540,700592,897
Additions-5,028-5,028
At 30/06/2024336,632220,59340,700597,925
Depreciation
At 01/07/202369,337155,48135,871260,689
For the year6,7339,7671,20717,707
At 30/06/202476,070165,24837,078278,396
Net Book Amounts
At 30/06/2024260,56255,3453,622319,529
At 30/06/2023267,29560,0844,829332,208
3. STOCK 20242023
££
Stock comprises:
Work in progress146,55926,541
Stock 101,63098,568
248,189125,109
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors58,679-
VAT18,63614,334
Other debtors1,080,6151,110,615
Prepayments18,2693,459
1,176,1991,128,408

FRONTLINE SPRIDGET LTD

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Corporation tax16,810-
PAYE creditor11,41011,687
Directors current account6,0231,725
Bank loan8,2328,232
Trade creditors768,751593,492
Accruals1,10555,105
812,331670,241
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans >1yr132,000180,000
Bank loans 146,869190,434
Directors loans269,000289,000
547,869659,434
7. EMPLOYEES
20242023
No.No.
Average number of employees1414
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred tax13,67415,093
13,67415,093

FRONTLINE SPRIDGET LTD

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
200 Ordinary shares of £1 each200200
200200