Kemark Limited

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2

Registered number: NI033955

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks		2,839,643		1,734,667
Debtors		15,603		346,633
Cash at bank and in hand		139,693		478,740

		2,994,939		2,560,040
Creditors: Amounts Falling Due Within One Year		(2,810,220 )		(2,455,050 )

NET CURRENT ASSETS (LIABILITIES)			184,719		104,990

TOTAL ASSETS LESS CURRENT LIABILITIES			184,719		104,990

NET ASSETS			184,719		104,990

CAPITAL AND RESERVES
Called up share capital	4		100		100
Profit and Loss Account			184,619		104,890

SHAREHOLDERS' FUNDS			184,719		104,990

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Steven Elliott

Director

21/09/2026

The notes on page 2 form part of these financial statements.

1. General Information

Kemark Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI033955 . The registered office is 19 Church Road, Portadown, Craigavon, Co. Armagh, BT63 5HT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Inventories, including land, are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the weighted average principle and includes all costs of production, costs of conversion and other costs incurred in bringing the inventories to their present location and condition

2.4. Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

5. Ultimate Controlling Party

The company is controlled by Pincap Limited, a company incorporated on the Isle of Man, by way of 100% shareholding. Group accounts for the company are not available to the public.

6. Audit Information

The auditor's report on the accounts of Kemark Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by James Robinson (Senior Statutory Auditor) for and on behalf of WHR Accountants Ltd , Statutory Auditor.

WHR Accountants Ltd

Chartered Certified Accountants

56 Upper English Street

Armagh

Co. Armagh

BT61 7LG

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