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REGISTERED NUMBER: SC332040 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Frontier Engineering Limited

Frontier Engineering Limited (Registered number: SC332040)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Frontier Engineering Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: R Latimer





SECRETARY: Mrs D L Latimer





REGISTERED OFFICE: 23a Learmonth Terrace
Edinburgh
EH4 1PG





REGISTERED NUMBER: SC332040 (Scotland)





ACCOUNTANT: Susan Cove Accountancy Limited
Chartered Accountant
Ty Hapus
Clerklands
Melrose
Roxburghshire
TD6 9JR

Frontier Engineering Limited (Registered number: SC332040)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 52,865 20,212
Investments 5 8,079 8,079
60,944 28,291

CURRENT ASSETS
Debtors 6 197,086 51,489
Cash at bank 115,811 84,161
312,897 135,650
CREDITORS
Amounts falling due within one year 7 146,097 75,604
NET CURRENT ASSETS 166,800 60,046
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,744

88,337

CREDITORS
Amounts falling due after more than
one year

8

34,389

37,576
NET ASSETS 193,355 50,761

Frontier Engineering Limited (Registered number: SC332040)

Balance Sheet - continued
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 193,255 50,661
SHAREHOLDERS' FUNDS 193,355 50,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 16 June 2025 and were signed by:





R Latimer - Director


Frontier Engineering Limited (Registered number: SC332040)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Frontier Engineering Limited is a private company, limited by shares , registered in Scotland. 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 under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on cost
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

Frontier Engineering Limited (Registered number: SC332040)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Motor
Equipment vehicles Totals
£    £    £   
COST
At 1 November 2023 21,308 45,393 66,701
Additions - 60,313 60,313
Disposals - (28,003 ) (28,003 )
At 31 October 2024 21,308 77,703 99,011
DEPRECIATION
At 1 November 2023 16,784 29,705 46,489
Charge for year 1,541 19,118 20,659
Eliminated on disposal - (21,002 ) (21,002 )
At 31 October 2024 18,325 27,821 46,146
NET BOOK VALUE
At 31 October 2024 2,983 49,882 52,865
At 31 October 2023 4,524 15,688 20,212

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 November 2023
and 31 October 2024 8,079
NET BOOK VALUE
At 31 October 2024 8,079
At 31 October 2023 8,079

Frontier Engineering Limited (Registered number: SC332040)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. DEBTORS
31.10.24 31.10.23
£    £   
Amounts falling due within one year:
Trade debtors 145,744 51,489
Other debtors 3,252 -
148,996 51,489

Amounts falling due after more than one year:
Other debtors 48,090 -

Aggregate amounts 197,086 51,489

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 52,052 4,956
Hire purchase contracts 3,667 5,938
Taxation and social security 79,185 54,425
Other creditors 11,193 10,285
146,097 75,604

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 27,361 32,627
Hire purchase contracts 7,028 4,949
34,389 37,576

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,759 12,803

Frontier Engineering Limited (Registered number: SC332040)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Hire purchase contracts 10,695 10,887

Hire purchase contracts are secured on the related assets.