ACCOUNTS - Final Accounts preparation

Registered number: 09347909

THE KINC MANAGEMENT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025


THE KINC MANAGEMENT LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


THE KINC MANAGEMENT LIMITED REGISTERED NUMBER:09347909

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		9,568		18,518
Investments	5		12,237		12,237
			21,805		30,755
Current assets
Debtors: amounts falling due within one year	6	318,577		195,520
Bank and cash balances		179,932		268,183
		498,509		463,703
Current liabilities
Creditors: amounts falling due within one year	7	(438,491)		(389,020)
Net current assets			60,018		74,683
Total assets less current liabilities			81,823		105,438
Provisions for liabilities
Deferred tax	9		(2,392)		(4,630)
Net assets			79,431		100,808

Capital and reserves
Called up share capital	10	1	1
Profit and loss account		79,430	100,807
		79,431	100,808

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Page 1


THE KINC MANAGEMENT LIMITED REGISTERED NUMBER:09347909

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 August 2026.

K S Hansson

Director

The notes on pages 3 to 7 form part of these financial statements.

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THE KINC MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

The Company's legal form is that of a private limited liability company incorporated in the United Kingdom. The Company's registered office is at 30 Oakridge Avenue, Radlett, Hertfordshire, WD7 8ER.

The principal activity of the company is that of an agency representing athletes.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Turnover comprises revenue recognised by the Company in respect of services supplied during the period, exclusive of Value Added Tax.

Revenue is recognised in the period in which it is earned.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Valuation of investments

Investments in unlisted Company shares, where market value cannot be reliably determined, are stated at historic cost less impairment.

2.5

Debtors

Short term debtors are measured at the transaction price, less any impairment.

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THE KINC MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.6

Creditors

Short term creditors are measured at the transaction price.

2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.8

Dividends

Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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THE KINC MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

3.	Employees
	The director was the only employee of the company during the current and preceding year.

4.	Tangible fixed assets

		Office equipment
		£
	Cost
	At 1 January 2025	50,443
	At 31 December 2025	50,443
	Depreciation
	At 1 January 2025	31,925
	Charge for the year on owned assets	8,950
	At 31 December 2025	40,875
	Net book value
	At 31 December 2025	9,568
	At 31 December 2024	18,518

5.	Fixed asset investments

		Unlisted investments
		£
	Cost
	At 1 January 2025	12,237
	At 31 December 2025	12,237

Page 5


THE KINC MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	303,739	180,682
Other debtors	14,838	14,838
	318,577	195,520

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	1,093
Trade creditors	373,274	343,420
Taxation and social security	37,069	29,596
Other creditors	13,185	13,046
Accruals and deferred income	14,963	1,865
	438,491	389,020

8.	Financial instruments
		2025	2024
		£	£

	Financial assets
	Financial assets measured at fair value through profit or loss	179,932	268,183

Financial assets measured at fair value through profit or loss comprise...

9.	Deferred taxation

		2025
		£

	At beginning of year	4,630
	Charged to profit or loss	(2,238)
	At end of year	2,392

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THE KINC MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

9.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

Accelerated capital allowances

2,392

4,630

10.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £1.00	1	1

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