1、EDINBURGH93 George Street Edinburgh EH2 3ESCAMBRIDGE The Officers Mess Business Centre Royston Road Duxford Cambridge CB2 4QHLONDON 70 Gracechurch Street London EC3V 0HRLISBONRua Joo Frederico Ludovice 22A Loja 1500-357 Benfica Lisbon Portugalwww.frontierip.co.ukRegistered number 06262177Annual Repo
2、rt and Financial Statements2023Frontier IP aims to create high value businesses from intellectual property developed by universities,academics,scientists and engineers.OVERVIEW1 Highlights3 Our Business7 Our Portfolio:companies to watch10 Chairmans StatementSTRATEGIC REPORT13 Chief Executive Officer
3、s Statement16 Key Performance Indicators and Alternative Performance Measures17 Frontier IP and the United Nations Sustainable Development Goals19 Operational Review20 Portfolio Review27 Financial Review28 Principal Risks and Challenges affecting the GroupOUR GOVERNANCE30 Board of Directors35 Commit
4、tees of the Board38 Audit Committee Report39 Corporate Governance44 Advisers45 Directors Report47 Statement of Directors Responsibilities48 Independent Auditors Report to the members of Frontier IP Group PlcOUR FINANCIALS57 Consolidated Statement of Comprehensive Income58 Consolidated Statement of F
5、inancial Position59 Company Statement of Financial Position60 Consolidated and Company Statements of Changes in Equity61 Consolidated and Company Statements of Cash Flows62 Accounting Policies66 Notes to the Financial StatementsCOMPANY INFORMATION84 Five Year RecordFRONTIER IP GROUP PLC|Annual Repor
6、t 2023|OVERVIEW1 Highlights FinancialNet assets per share as at 30 June 2023 decreased 8%to 81.8p 88.5p20222023Cash balances at 30 June 2023 of 202220234,603,000 4,368,000(Loss)/profit before tax of 2022202310,879,000Part-disposal of holding in Exscientia generated cash of4,926,0001 6,525,000 202220