Frontline Consultants Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: SC129132 (Scotland)

Unaudited Financial Statements

For The Year Ended 31st March 2017

for

Frontline Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

B J Mellon

J Deffenbaugh

D Milton

D A Anderson

SECRETARY:

Ms E M McKay

REGISTERED OFFICE:

11 Academy Street

Coatbridge

Lanarkshire

ML5 3AW

REGISTERED NUMBER:

SC129132 (Scotland)

ACCOUNTANTS:

J.S. Mackie & Co. Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Tangible assets

4

265,942

264,254

CURRENT ASSETS

Debtors

5

424,540

219,184

Investments

6

-

12,116

Cash at bank and in hand

558,724

868,106

983,264

1,099,406

CREDITORS

Amounts falling due within one year

7

(551,703

)

(598,409

)

NET CURRENT ASSETS

431,561

500,997

TOTAL ASSETS LESS CURRENT LIABILITIES

697,503

765,251

PROVISIONS FOR LIABILITIES

(947

)

(893

)

NET ASSETS

696,556

764,358

CAPITAL AND RESERVES

Called up share capital

145,000

145,000

Retained earnings

551,556

619,358

SHAREHOLDERS' FUNDS

696,556

764,358

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2017 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 30th September 2017 and were signed on its behalf by:

B J Mellon - Director

1.	STATUTORY INFORMATION

Frontline Consultants 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Freehold property

-

2% on cost

Plant and machinery

-

33% on cost

Fixtures and fittings

-

at varying rates on cost

Computer equipment

-

20-33% on cost

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.

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 15 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1st April 2016

317,206

750

5,199

24,108

347,263

Additions

-

578

-

9,516

10,094

At 31st March 2017

317,206

1,328

5,199

33,624

357,357

DEPRECIATION

At 1st April 2016

54,982

250

4,921

22,856

83,009

Charge for year

6,344

568

256

1,238

8,406

At 31st March 2017

61,326

818

5,177

24,094

91,415

NET BOOK VALUE

At 31st March 2017

255,880

510

22

9,530

265,942

At 31st March 2016

262,224

500

278

1,252

264,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

411,566

192,111

Other debtors

12,974

27,073

424,540

219,184

6.	CURRENT ASSET INVESTMENTS

2017

2016

£

£

Listed investments

-

12,116

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

-

11,293

Trade creditors

60,555

22,600

Taxation and social security

92,924

62,718

Other creditors

398,224

501,798

551,703

598,409

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2017 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

J.S. Mackie & Co. Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

30th September 2017