Micro-entity Accounts - MONEYPENNY MANAGEMENT & INVESTMENT LIMITED

SOPHOS CAPITAL LIMITED - Company Information

07098381 MONEYPENNY MANAGEMENT & INVESTMENT LIMITED 2016-12-31 false 2016-01-01 2016-12-31 true 07098381 2016-01-01 2016-12-31 07098381 2016-12-31 07098381 2015-12-31 07098381 uk-gaap-cd-bus:Director1 2016-01-01 2016-12-31 07098381 uk-gaap-cd-bus:Director2 2016-01-01 2016-12-31 07098381 uk-gaap-cd-bus:AllEntityOfficers 2016-01-01 2016-12-31 iso4217:GBP shares

Registered Number 07098381

MONEYPENNY MANAGEMENT & INVESTMENT LIMITED

Micro-entity Accounts

31 December 2016

MONEYPENNY MANAGEMENT & INVESTMENT LIMITED Registered Number 07098381

Micro-entity Balance Sheet as at 31 December 2016

	2016	2015
	£	£
Current assets
Debtors	80,893	4,029
Investments	67,620	92,293
Cash at bank and in hand	-	539
	148,513	96,861
Net current assets (liabilities)	148,513	96,861
Total assets less current liabilities	148,513	96,861
Creditors: amounts falling due after more than one year	(113,703)	(110,313)
Total net assets (liabilities)	34,810	(13,452)
Capital and reserves
Called up share capital	1	1
Profit and loss account	34,809	(13,453)
Shareholders' funds	34,810	(13,452)

For the year ending 31 December 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 August 2017

And signed on their behalf by:
Patrik Alfvegren, Director

MONEYPENNY MANAGEMENT & INVESTMENT LIMITED Registered Number 07098381

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
The financial statements are prepared in sterling. Transactions denominated in other currencies are translated to sterling at the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities are converted to sterling at the rate of exchange ruling at the balance sheet date. Gains and losses on conversion are taken to the profit and loss account.

Significant foreign exchange rates at 31st December 2016
GBP/EUR: 1.171969
GBP/SEK: 11.231269