BrightAccountsProduction v1.0.0 v1.0.0 2024-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is arable and poultry farming in Northern Ireland. 23 October 2025 0 0 NI033246 2025-02-28 NI033246 2024-02-29 NI033246 2023-02-28 NI033246 2024-03-01 2025-02-28 NI033246 2023-03-01 2024-02-29 NI033246 uk-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 NI033246 uk-curr:PoundSterling 2024-03-01 2025-02-28 NI033246 uk-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 NI033246 uk-bus:FullAccounts 2024-03-01 2025-02-28 NI033246 uk-bus:Director1 2024-03-01 2025-02-28 NI033246 uk-bus:Director2 2024-03-01 2025-02-28 NI033246 uk-bus:CompanySecretary1 2024-03-01 2025-02-28 NI033246 uk-bus:RegisteredOffice 2024-03-01 2025-02-28 NI033246 uk-bus:Agent1 2024-03-01 2025-02-28 NI033246 uk-core:ShareCapital 2025-02-28 NI033246 uk-core:ShareCapital 2024-02-29 NI033246 uk-core:SharePremium 2025-02-28 NI033246 uk-core:SharePremium 2024-02-29 NI033246 uk-core:RevaluationReserve 2025-02-28 NI033246 uk-core:RevaluationReserve 2024-02-29 NI033246 uk-core:RetainedEarningsAccumulatedLosses 2025-02-28 NI033246 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 NI033246 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-02-28 NI033246 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-02-29 NI033246 uk-bus:FRS102 2024-03-01 2025-02-28 NI033246 uk-core:LandBuildings 2024-03-01 2025-02-28 NI033246 uk-core:PlantMachinery 2024-03-01 2025-02-28 NI033246 uk-core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 NI033246 uk-core:Vehicles 2024-03-01 2025-02-28 NI033246 uk-core:CostValuation 2024-02-29 NI033246 uk-core:AdditionsToInvestments 2024-02-29 NI033246 uk-core:AdditionsToInvestments 2025-02-28 NI033246 uk-core:DisposalsRepaymentsInvestments 2025-02-28 NI033246 uk-core:CostValuation 2025-02-28 NI033246 uk-core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-02-29 NI033246 uk-core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-02-28 NI033246 uk-core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-02-28 NI033246 uk-core:CurrentFinancialInstruments 2025-02-28 NI033246 uk-core:CurrentFinancialInstruments 2024-02-29 NI033246 uk-core:WithinOneYear 2025-02-28 NI033246 uk-core:WithinOneYear 2024-02-29 NI033246 uk-core:WithinOneYear 2025-02-28 NI033246 uk-core:WithinOneYear 2024-02-29 NI033246 2024-03-01 2025-02-28 NI033246 uk-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI033246

KMAC Ltd

Unaudited Financial Statements

for the financial year ended 28 February 2025

KMAC Ltd

DIRECTORS AND OTHER INFORMATION

Directors | W M Robinson
| MIE Robinson
Company Secretary | Mrs MIE Robinson
Company Registration Number | NI033246
Registered Office and Business Address | 233 Hillsborough Road
| LISBURN
| BT27 5RJ
| Northern Ireland
Accountants | Cooper Irvine Ltd
| Chartered Accountants
| 103 Main St
| Fivemiletown
| Tyrone
| BT75 0PG
| Northern Ireland
Bankers | Danske Bank Ltd
| 62 Bow Street
| Lisburn
| Co Antrim

KMAC Ltd

Company Registration Number: NI033246

STATEMENT OF FINANCIAL POSITION

as at 28 February 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Non-Current Assets

Property, plant and equipment |  | 4 | 7,772,261 |  | 7,786,078
Financial assets |  | 5 | 5,481,833 |  | 5,338,066
|  |  | ───────── |  | ─────────
Non-Current Assets |  |  | 13,254,094 |  | 13,124,144
|  |  | ───────── |  | ─────────
Current Assets

Stocks |  | 6 | 123,912 |  | 15,000
Debtors |  | 7 | 1,163,908 |  | 958,645
Cash and cash equivalents |  |  | 421,985 |  | 196,665
|  |  | ───────── |  | ─────────
|  |  | 1,709,805 |  | 1,170,310
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 8 | (53,452) |  | (31,502)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 1,656,353 |  | 1,138,808
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 14,910,447 |  | 14,262,952
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 2,000,000 |  | 2,000,000
Share premium account |  | 9 | 4,185,798 |  | 4,185,798
Revaluation reserve |  | 9 | 1,092,724 |  | 1,092,724
Retained earnings |  |  | 7,631,925 |  | 6,984,430
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 14,910,447 |  | 14,262,952
|  |  | ═════════ |  | ═════════
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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 23 October 2025 and signed on its behalf by

________________________________ |  |  |  |  |
W M Robinson |  |  |  |  |
Director |  |  |  |  |
________________________________

MIE Robinson

Director

KMAC Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 28 February 2025

1. | General Information
| KMAC Ltd is a company limited by shares incorporated in Northern Ireland. 233 Hillsborough Road, LISBURN, BT27 5RJ, Northern Ireland is the registered office, which is also the principal place of business of the company. The nature of the company’s operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 28 February 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
| Property, plant and equipment and depreciation
| Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
|  | Land and buildings freehold | - | 2% straight line
|  | Plant and machinery | - | 10% straight line
|  | Fixtures, fittings and equipment | - | 25% straight line
|  | Motor vehicles | - | 25% straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Financial assets
| Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the year in which it is receivable.
| Stocks
| Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Employee benefits
| The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including directors, during the financial year was 4, (2024 - 4).

4. | Property, plant and equipment
|  | Land and | Plant and | Fixtures, | Motor | Total
|  | buildings | machinery | fittings and | vehicles |
|  | freehold |  | equipment |  |
|  | £ | £ | £ | £ | £
| Cost or Valuation
| At 1 March 2024 | 8,316,118 | 1,247,762 | 89,421 | 21,900 | 9,675,201
| Additions | - | 28,345 | 629 | - | 28,974
| Disposals | - | (22,908) | - | - | (22,908)
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| At 28 February 2025 | 8,316,118 | 1,253,199 | 90,050 | 21,900 | 9,681,267
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 March 2024 | 535,210 | 1,242,592 | 89,421 | 21,900 | 1,889,123
| Charge for the financial year | 30,102 | 12,532 | 157 | - | 42,791
| On disposals | - | (22,908) | - | - | (22,908)
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| At 28 February 2025 | 565,312 | 1,232,216 | 89,578 | 21,900 | 1,909,006
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| Net book value
| At 28 February 2025 | 7,750,806 | 20,983 | 472 | - | 7,772,261
|  | ═════════ | ═════════ | ═════════ | ═════════ | ═════════
| At 29 February 2024 | 7,780,908 | 5,170 | - | - | 7,786,078
|  | ═════════ | ═════════ | ═════════ | ═════════ | ═════════
| The Directors are satisfied that the freehold property is not overstated at 28th February 2020. No formal valuations have been obtained by the Directors from independent professional valuers.

5. | Financial fixed assets
|  | Other | Total
|  | investments |
| Investments | £ | £
| Cost or Valuation
| At 1 March 2024 | 5,320,804 | 5,320,804
| Additions | 8,280,719 | 8,280,719
| Disposals | (8,139,983) | (8,139,983)
|  | ───────── | ─────────
| At 28 February 2025 | 5,461,540 | 5,461,540
|  | ───────── | ─────────
| Provision for
| diminution in value:
| At 1 March 2024 | (17,262) | (17,262)
| Charge | (3,031) | (3,031)
|  | ───────── | ─────────
| At 28 February 2025 | (20,293) | (20,293)
|  | ───────── | ─────────
| Net book value
| At 28 February 2025 | 5,481,833 | 5,481,833
|  | ═════════ | ═════════
| At 29 February 2024 | 5,338,066 | 5,338,066
|  | ═════════ | ═════════
| The market value of the listed investments at 28th February 2017 was £12,541,295.

6. | Stocks | 2025 | 2024
|  | £ | £
| Finished goods and goods for resale | 123,912 | 15,000
|  | ═════════ | ═════════
| The replacement cost of stock did not differ significantly from the figures shown.

7. | Debtors | 2025 | 2024
|  | £ | £
| Trade debtors | 47,731 | 62,000
| Other debtors | 1,108,118 | 891,644
| Taxation | 8,059 | 5,001
|  | ───────── | ─────────
|  | 1,163,908 | 958,645
|  | ═════════ | ═════════

8. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank overdrafts | 1,123 | 1,130
| Trade creditors | 27,923 | -
| Taxation | 8,916 | 2,831
| Directors' current accounts | 13,940 | 14,491
| Accruals | 1,550 | 13,050
|  | ───────── | ─────────
|  | 53,452 | 31,502
|  | ═════════ | ═════════
| Mortgage over Prospect Hall, 5 Colane Road, Lurgan, Armagh. Folios 1122 &1123 Antrim DN 184771 and Folio 33884 Co Down Undertaking from Thomas Elliott & Son, over The Cairn, 14 Brankinson Road, Aghalee Undertaking from Thomas Elliott & Son over 5 Colane Road, Land Certificate Folios numbers 169709, AN6406, AN169703 and AN183954.

9. | Reserves
| Share Premium Reserve
| The amount carried forward is the premium that arose from the issue of shares in 2010.