1 January 2024 false No description of principal activity Taxfiler 2024.6 NI640056business:PrivateLimitedCompanyLtd2024-01-012024-12-31 NI6400562023-12-31 NI6400562024-01-012024-12-31 NI640056business:AuditExemptWithAccountantsReport2024-01-012024-12-31 NI640056business:FilletedAccounts2024-01-012024-12-31 NI6400562024-12-31 NI640056business:Director12024-01-012024-12-31 NI640056business:RegisteredOffice2024-01-012024-12-31 NI6400562023-12-31 NI640056core:WithinOneYear2024-12-31 NI640056core:WithinOneYear2023-12-31 NI640056core:AfterOneYear2024-12-31 NI640056core:AfterOneYear2023-12-31 NI640056core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 NI640056core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 NI640056core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 NI640056core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 NI640056core:PreviouslyStatedAmount2024-12-31 NI640056core:PreviouslyStatedAmount2023-12-31 NI640056business:SmallEntities2024-01-012024-12-31 NI640056countries:NorthernIreland2024-01-012024-12-31 NI640056core:PlantMachinery2024-01-012024-12-31 NI640056core:ComputerEquipment2024-01-012024-12-31 NI640056core:PlantMachinery2023-12-31 NI640056core:ComputerEquipment2023-12-31 NI640056core:PlantMachinery2024-12-31 NI640056core:ComputerEquipment2024-12-31 NI6400562023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. NI640056 (Northern Ireland)
KMAC Trading Limited Unaudited accounts for the year ended 31 December 2024
KMAC Trading Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KMAC Trading Limited Company Information for the year ended 31 December 2024
Director
Colin McMenamin
Company Number
NI640056 (Northern Ireland)
Registered Office
1e Elagh Business Park Buncranna Rd Derry BT48 8QH
Accountants
Michael Bolster Unit 18, Northwest Business Complex Skeoge Industrial Estate L'Derry BT48 8SE
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KMAC Trading Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
406 
1,387 
Current assets
Inventories
157,619 
97,150 
Debtors
5
1,985 
1,623 
Cash at bank and in hand
3,627 
84 
163,231 
98,857 
Creditors: amounts falling due within one year
6
(33,394)
(12,692)
Net current assets
129,837 
86,165 
Total assets less current liabilities
130,243 
87,552 
Creditors: amounts falling due after more than one year
7
(134,192)
(119,917)
Net liabilities
(3,949)
(32,365)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,950)
(32,366)
Shareholders' funds
(3,949)
(32,365)
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2025 and were signed on its behalf by
Colin McMenamin Director Company Registration No. NI640056
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KMAC Trading Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
KMAC Trading Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI640056. The registered office is 1e Elagh Business Park, Buncranna Rd, Derry, BT48 8QH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
4,902 
269 
5,171 
At 31 December 2024
4,902 
269 
5,171 
Depreciation
At 1 January 2024
3,515 
269 
3,784 
Charge for the year
980 
1 
981 
At 31 December 2024
4,495 
270 
4,765 
Net book value
At 31 December 2024
407 
(1)
406 
At 31 December 2023
1,387 
- 
1,387 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,614 
1,623 
Trade debtors
(629)
- 
1,985 
1,623 
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KMAC Trading Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
16,220 
- 
Trade creditors
9,126 
12,692 
Taxes and social security
8,048 
- 
33,394 
12,692 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,765 
30,676 
Loans from directors
103,427 
89,241 
134,192 
119,917 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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