1、Registered number 06262177Annual Report and Financial StatementsYear ended 30 June 2024Frontier IP aims to create and grow high value companies from deep technology developed by scientists and engineersOVERVIEW 1 Highlights3 Our Business6 Our Story8 Our Portfolio:companies to watch11 Chairs Statemen
2、tSTRATEGIC REPORT14 Chief Executive Officers Statement17 Key Performance Indicators and Alternative Performance Measures18 Frontier IP and the United Nations Sustainable Development Goals20 Operational Review21 Portfolio Review27 Financial Review28 Principal Risks and Challenges affecting the GroupO
3、UR GOVERNANCE30 Board of Directors35 Committees 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 FINANCIALS58 Consolidated Statement of Compreh
4、ensive Income59 Consolidated Statement of Financial Position60 Company Statement of Financial Position61 Consolidated and Company Statements of Changes in Equity62 Consolidated and Company Statements of Cash Flows63 Accounting Policies68 Notes to the Financial StatementsCOMPANY INFORMATION87 Five Ye
5、ar RecordFRONTIER IP GROUP PLC|Annual Report 2024|OVERVIEW1 Highlights Financialoffset by disposals of 2,297,000 5,713,0002,468,000(1,780,000)20232023202320242024comprising unrealised gains on equity investments of Disposals in our equity portfolio related to the remaining holding in Exscientia whic
6、h generated cash of 2,547,000 4,926,00020232024realising a gain of 249,000(786,000)20232024Fair value of our equity portfolio broadly in line with prior year at 33,203,000 32,964,00020232024additions of 68,000 745,0002024following the unrealised gain on investment of Unrealised gain on the revaluati