1、Specialising in the commercialisationof intellectual propertyFrontier IP Group PlcAnnual Report and Financial StatementsYear ended 30 June 20122Frontier IP Group Plc Annual Report&Financial Statements 2012ContentsPageKey Points3Chairmans Statement4Business Review7Directors12Advisers14Directors Repor
2、t15Directors Remuneration Report17Statement of Directors Responsibilities19Independent Auditors Report20Consolidated Statement of Comprehensive Income22Consolidated Statement of Financial Position23Company Statement of Financial Position24Consolidated and Company Statements of Changes in Equity25Con
3、solidated and Company Statements of Cash Flows26Accounting Policies27Notes to the Financial Statements31Four year record413Frontier IP Group Plc Annual Report&Financial Statements 2012Neil CrabbChief Executive Officer of Frontier IP,said:“Frontier IP has made good progress during the yearended 30 Ju
4、ne 2012 with helping its existing portfoliocompanies to deploy their technologies and withdeepening and extending its relationships within its three university partnerships.The Company has alsocontinued to develop new opportunities including a fundmanagement agreement with Narec Capital Limited and
5、a collaboration with the University of Central Lancashire.The new financial year has started well and we believethat,dependent on the successful outcome of thefundraising which is in its final stage,Frontier IP will be well placed to make further progress.The Boardremains confident about the opportu
6、nities for growth in the new financial year and beyond.”Key PointsGood progress with developing new opportunities during the year:-three new spin-out companies-fund management agreement with Narec Capital Limited-collaboration with the University of Central LancashireRevenue from services of 162,000