Kingfisher Resources Management Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05440050 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FOR

KINGFISHER RESOURCES MANAGEMENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M R Cook

SECRETARY:

Mrs C Cook

REGISTERED OFFICE:

First Floor, Aztec Centre

47 Aztec West

Almondsbury

Bristol

BS32 4TD

REGISTERED NUMBER:

05440050 (England and Wales)

ACCOUNTANTS:

Dunkley's

Statutory Auditor/ Chartered Accountants

Woodland's Grange, Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Tangible assets

2

377,271

98,128

Investment property

3

500

-

377,771

98,128

CURRENT ASSETS

Stocks

12,306

3,342

Debtors

1,356,756

755,913

Cash at bank and in hand

60,768

58,937

1,429,830

818,192

CREDITORS

Amounts falling due within one year

4

(974,741

)

(629,268

)

NET CURRENT ASSETS

455,089

188,924

TOTAL ASSETS LESS CURRENT LIABILITIES

832,860

287,052

CREDITORS

Amounts falling due after more than one year

4

(164,279

)

(23,412

)

NET ASSETS

668,581

263,640

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

668,579

263,638

SHAREHOLDERS' FUNDS

668,581

263,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 January 2016 and were signed by:

M R Cook - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market

value is transferred to a revaluation reserve.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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 the profit and loss account in the period to which they relate.

Long- term contracts

Profit is recognised on long-term contracts, if the the final outcome can be assessed with reasonable certainty, by including

in the profit and loss account turnover and related costs as contract activity progresses.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

137,293

Additions

400,668

At 30 April 2015

537,961

DEPRECIATION

At 1 May 2014

39,165

Charge for year

121,525

At 30 April 2015

160,690

NET BOOK VALUE

At 30 April 2015

377,271

At 30 April 2014

98,128

3.	INVESTMENT PROPERTY

Total

£

COST

Additions

500

At 30 April 2015

500

NET BOOK VALUE

At 30 April 2015

500

4.

CREDITORS

Creditors include an amount of £ 146,317 (2014 - £ 3,853 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

2

2

2

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owes the directors £15,352.66 in comparison to £10,702.38 for the previous year,

with this included in other creditors above.