The Kent Mercantile Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01948962 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE KENT MERCANTILE COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R K Dagger

G F W Dagger

A C Dagger

REGISTERED OFFICE:

1 Bligh's Road

Sevenoaks

Kent

TN13 1DA

REGISTERED NUMBER:

01948962 (England and Wales)

ACCOUNTANTS:

Greenaway Chartered Accountants

1 Bligh's Road

Sevenoaks

Kent

TN13 1DA

FIXED ASSETS

Investments

4

106

CURRENT ASSETS

Debtors

5

9,085,643

4,987,880

Cash at bank

3,821,277

10,603,053

12,906,920

15,590,933

CREDITORS

Amounts falling due within one year

6

6,928

195,634

NET CURRENT ASSETS

12,899,992

15,395,299

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,900,098

15,395,405

CAPITAL AND RESERVES

Called up share capital

85,048

Retained earnings

12,815,050

15,310,357

SHAREHOLDERS' FUNDS

12,900,098

15,395,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 24 September 2026 and were signed on its behalf by:

R K Dagger - Director

1.	STATUTORY INFORMATION

The Kent Mercantile Company 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover relates to commissions earned and rent receivable net of value added tax.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

106

NET BOOK VALUE

At 31 December 2025

106

At 31 December 2024

106

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Black Cat Acoustic Environments Limited

Registered office: Bankside House, 102 Vale Road, Tonbridge, Kent, TN9 1SH

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

Dagger Lukas House LLC

Registered office: Charles A. Rizzi, Jr., Esq 8000 Midlantic Drive - Ste 300 S, PO Box 5016, Mount Laurel, NJ 08054

Nature of business:

%

Class of shares:

holding

No shares issued

100.00

Dagger Twosome Property LLC

Registered office: 4B Eves Drive Suite 100, Marlton, NJ 08053

Nature of business:

%

Class of shares:

holding

No shares issued

100.00

Dagger Glen Avenue Property LLC

Registered office: 1531 Glen Ave, Moorestown, NJ 08057-1103

Nature of business:

%

Class of shares:

holding

No shares issued

100.00

Black Cat Acoustics Limited

Registered office: Bankside House, 102 Vale Road, Tonbridge, Kent, TN9 1SH

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

Black Cat Music Limited

Registered office: Bankside House, 102 Vale Road, Tonbridge, Kent, England, TN9 2SH

Nature of business:

%

Class of shares:

holding

Ordinary

100.00

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

Trade debtors

16,327

5,435

Amounts owed by group undertakings

7,220,867

1,830,003

Other debtors

1,848,449

3,152,442

9,085,643

4,987,880

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

Trade creditors

265

-

Amounts owed to group undertakings

-

106

Other creditors

6,663

195,528

6,928

195,634

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Kent Mercantile Holdings Limited.

The ultimate controlling party is G F W Dagger.