Micro-entity Accounts - KINFORD MANAGEMENT LIMITED

KINFORD MANAGEMENT LIMITED - Company Information

06453646 KINFORD MANAGEMENT LIMITED 2017-12-31 false 2017-01-01 2017-12-31 true 06453646 2017-01-01 2017-12-31 06453646 2017-12-31 06453646 2016-12-31 06453646 uk-gaap-cd-bus:Director1 2017-01-01 2017-12-31 06453646 uk-gaap-cd-bus:Director2 2017-01-01 2017-12-31 06453646 uk-gaap-cd-bus:AllEntityOfficers 2017-01-01 2017-12-31 iso4217:GBP shares

Registered Number 06453646

KINFORD MANAGEMENT LIMITED

Micro-entity Accounts

31 December 2017

KINFORD MANAGEMENT LIMITED Registered Number 06453646

Micro-entity Balance Sheet as at 31 December 2017

	2017	2016
	£	£
Current assets
Debtors	13,482	5,613,069
Cash at bank and in hand	-	1,312
	13,482	5,614,381
Creditors: amounts falling due within one year	-	(16,655)
Net current assets (liabilities)	13,482	5,597,726
Total assets less current liabilities	13,482	5,597,726
Total net assets (liabilities)	13,482	5,597,726
Capital and reserves
Called up share capital	1	1
Profit and loss account	13,481	5,597,725
Shareholders' funds	13,482	5,597,726

For the year ending 31 December 2017 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 24 May 2018

And signed on their behalf by:
LIVETUNE ALLIANCE CORP., Director

KINFORD MANAGEMENT LIMITED Registered Number 06453646

Notes to the Micro-entity Accounts for the period ended 31 December 2017

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.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Other accounting policies
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.