1、Frontier IP Group plcANNUAL REPORT&FINANCIAL STATEMENTS 2009 Registered number 06262177 FRONTIER IP GROUP PLC ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2009 FRONTIER IP GROUP PLC 1 ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 30 June 2009 CONTENTS Page Key Points 2 Chair
2、mans Statement 3 Business Review 5 Directors 6 Advisers 7 Directors Report 8 Directors Remuneration Report 12 Statement of Directors Responsibilities 13 Independent Auditors Report 14 Consolidated Income Statement 16 Consolidated Balance Sheet 17 Company Balance Sheet 18 Consolidated and Company Sta
3、tements of Changes in Equity 19 Consolidated and Company Cash Flow Statements 20 Accounting Policies 21 Notes to the Financial Statements 24 FRONTIER IP GROUP PLC 2 KEY POINTS Neil Crabb,Chairman,said:“In the relatively short period since the reverse takeover of ARH Leisure Investments PLC,we have m
4、ade good progress on the delivery of our strategy,with the establishment of two funds to support our existing University partners.We are confident that we will be able to build on those relationships and expand our business.”Key Points Completion of reverse takeover in May 2009 Placing to raise 633,
5、000(gross)completed At 30 June 2009 710,000 cash available to underpin implementation of business strategy Two long-term university partnerships in place and earning revenues in line with business model:-share in licensing income-retainers from clients-two equity stakes in spin-out companies-investm
6、ent uplift from stake in one spin-out Post year end In July,first dedicated venture capital fund launched for university partner-The RGU Ventures Investment Fund LP.Total potential funds for investment of 2.2m including partnership status with Scottish Enterprises Scottish Co-Investment Fund.Second