Silverfin false false 31/07/2024 01/08/2023 31/07/2024 S Harley 01/09/2012 J Harrison 14/07/2010 14 July 2025 The principal activity of the company continued to be that of management consultancy. 07314664 2024-07-31 07314664 bus:Director1 2024-07-31 07314664 bus:Director2 2024-07-31 07314664 2023-07-31 07314664 core:CurrentFinancialInstruments 2024-07-31 07314664 core:CurrentFinancialInstruments 2023-07-31 07314664 core:ShareCapital 2024-07-31 07314664 core:ShareCapital 2023-07-31 07314664 core:RetainedEarningsAccumulatedLosses 2024-07-31 07314664 core:RetainedEarningsAccumulatedLosses 2023-07-31 07314664 2023-08-01 2024-07-31 07314664 bus:FilletedAccounts 2023-08-01 2024-07-31 07314664 bus:SmallEntities 2023-08-01 2024-07-31 07314664 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 07314664 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07314664 bus:Director1 2023-08-01 2024-07-31 07314664 bus:Director2 2023-08-01 2024-07-31 07314664 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Company No: 07314664 (England and Wales)

FRONTIER-INVEST LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

FRONTIER-INVEST LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

FRONTIER-INVEST LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 July 2024
FRONTIER-INVEST LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 July 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 47,247 47,247
47,247 47,247
Current assets
Debtors 4 18,423 14,535
Cash at bank and in hand 1,796 4,738
20,219 19,273
Creditors: amounts falling due within one year 5 ( 35,079) ( 40,930)
Net current liabilities (14,860) (21,657)
Total assets less current liabilities 32,387 25,590
Net assets 32,387 25,590
Capital and reserves
Called-up share capital 100 100
Profit and loss account 32,287 25,490
Total shareholder's funds 32,387 25,590

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Frontier-Invest Limited (registered number: 07314664) were approved and authorised for issue by the Board of Directors on 14 July 2025. They were signed on its behalf by:

S Harley
Director
FRONTIER-INVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
FRONTIER-INVEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Frontier-Invest Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Comprehensive Income in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long¬term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

2024 2023
£ £
Other investments and loans 47,247 47,247

4. Debtors

2024 2023
£ £
Other debtors 18,423 14,535

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 0 300
Taxation and social security 1,677 4,918
Other creditors 33,402 35,712
35,079 40,930