REGISTERED NUMBER: 05560148 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KMACK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M McMullan

Mrs L McMullan

REGISTERED OFFICE:

Highdown House

11 Highdown Road

Sydenham

Leamington Spa

Warwickshire

CV31 1XT

REGISTERED NUMBER:

05560148 (England and Wales)

BANKERS:

Barclays Bank PLC

8 Warwick Road

Kenilworth

Warwickshire

CV8 1GT

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

110,000

110,000

110,000

110,000

CURRENT ASSETS

Cash at bank

1,821

1,881

CREDITORS

Amounts falling due within one year

6

29,396

28,673

NET CURRENT LIABILITIES

(27,575

)

(26,792

)

TOTAL ASSETS LESS CURRENT LIABILITIES

82,425

83,208

CREDITORS

Amounts falling due after more than one year

7

(82,511

)

(82,511

)

PROVISIONS FOR LIABILITIES

(3,800

)

(3,800

)

NET LIABILITIES

(3,886

)

(3,103

)

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

16,200

16,200

Retained earnings

(20,186

)

(19,403

)

SHAREHOLDERS' FUNDS

(3,886

)

(3,103

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

M McMullan - Director

1.	STATUTORY INFORMATION

Kmack Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The accounts have been prepared in accordance with applicable accounting standards. The principal policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Tangible fixed assets

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

Computer equipment

-

Straight line over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

3,047

DEPRECIATION

At 1 January 2024

and 31 December 2024

3,047

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

110,000

NET BOOK VALUE

At 31 December 2024

110,000

At 31 December 2023

110,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2020

15,000

Valuation in 2022

5,000

Cost

90,000

110,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

22,500

22,500

Other creditors

6,896

6,173

29,396

28,673

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

82,511

82,511

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - more than 5 years

82,511

82,511

8.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

16,200

9.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.