1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-02-01 Sage Accounts Production Advanced 2024 - FRS102_2024 666 666 133 133 533 xbrli:pure xbrli:shares iso4217:GBP SC586329 2024-02-01 2025-01-31 SC586329 2025-01-31 SC586329 2024-01-31 SC586329 2023-02-01 2024-01-31 SC586329 2024-01-31 SC586329 2023-01-31 SC586329 bus:Director1 2024-02-01 2025-01-31 SC586329 core:WithinOneYear 2025-01-31 SC586329 core:WithinOneYear 2024-01-31 SC586329 core:ShareCapital 2025-01-31 SC586329 core:ShareCapital 2024-01-31 SC586329 core:RetainedEarningsAccumulatedLosses 2025-01-31 SC586329 core:RetainedEarningsAccumulatedLosses 2024-01-31 SC586329 bus:SmallEntities 2024-02-01 2025-01-31 SC586329 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 SC586329 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC586329 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC586329 bus:FullAccounts 2024-02-01 2025-01-31 SC586329 core:ComputerEquipment 2024-02-01 2025-01-31 SC586329 core:ComputerEquipment 2025-01-31
COMPANY REGISTRATION NUMBER: SC586329
Frontera Enterprise Ltd
Filleted Unaudited Financial Statements
31 January 2025
Frontera Enterprise Ltd
Statement of Financial Position
31 January 2025
2025
2024
Note
£
£
Fixed assets
Tangible assets
5
533
Current assets
Debtors
6
40,634
248
Investments
7
3,635
3,635
Cash at bank and in hand
37,995
5,453
--------
-------
82,264
9,336
Creditors: amounts falling due within one year
8
40,942
11,726
--------
--------
Net current assets/(liabilities)
41,322
( 2,390)
--------
-------
Total assets less current liabilities
41,855
( 2,390)
--------
-------
Net assets/(liabilities)
41,855
( 2,390)
--------
-------
Capital and reserves
Called up share capital
2
2
Profit and loss account
41,853
( 2,392)
--------
-------
Shareholders funds/(deficit)
41,855
( 2,390)
--------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2025 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Frontera Enterprise Ltd
Statement of Financial Position (continued)
31 January 2025
These financial statements were approved by the board of directors and authorised for issue on 4 March 2025 , and are signed on behalf of the board by:
Mr D Cameron
Director
Company registration number: SC586329
Frontera Enterprise Ltd
Notes to the Financial Statements
Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Westertown, Rothienorman, AB51 8US.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
20% reducing balance
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: Nil).
5. Tangible assets
Equipment
£
Cost
At 1 February 2024
Additions
666
----
At 31 January 2025
666
----
Depreciation
At 1 February 2024
Charge for the year
133
----
At 31 January 2025
133
----
Carrying amount
At 31 January 2025
533
----
At 31 January 2024
----
6. Debtors
2025
2024
£
£
Trade debtors
40,384
Other debtors
250
248
--------
----
40,634
248
--------
----
7. Investments
2025
2024
£
£
Other investments
3,635
3,635
-------
-------
8. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
7,279
Accruals and deferred income
705
230
Social security and other taxes
26,601
Director loan accounts
50
Other creditors
6,357
11,446
--------
--------
40,942
11,726
--------
--------