The Kent Mercantile Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01948962 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

THE KENT MERCANTILE COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R K Dagger

Mrs V J Dagger

G F W Dagger

Ms A C Dagger

SECRETARY:

Mrs V J Dagger

REGISTERED OFFICE:

Bankside House

102 Vale Road

Tonbridge

Kent

TN9 1SH

REGISTERED NUMBER:

01948962 (England and Wales)

ACCOUNTANTS:

Greenaway Chartered Accountants

150 High Street

Sevenoaks

Kent

TN13 1XE

FIXED ASSETS

Investments

4

48,609

48,609

CURRENT ASSETS

Debtors

5

871,769

615,784

Cash at bank

180,601

267,430

1,052,370

883,214

CREDITORS

Amounts falling due within one year

6

73,192

17,936

NET CURRENT ASSETS

979,178

865,278

TOTAL ASSETS LESS CURRENT LIABILITIES

1,027,787

913,887

CAPITAL AND RESERVES

Called up share capital

85,048

85,048

Retained earnings

942,739

828,839

SHAREHOLDERS' FUNDS

1,027,787

913,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 on 24 December 2019 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.

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 4 (2018 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2018

and 30 September 2019

48,609

NET BOOK VALUE

At 30 September 2019

48,609

At 30 September 2018

48,609

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

30/6/19

30/6/18

£

£

Aggregate capital and reserves

(119,845

)

(119,845

)

American Harlequin Corporation

Registered office: 1531 Glen Avenue, Moorestown, NJ 08057, USA

Nature of business: Theatre and Entertainment Industry

%

Class of shares:

holding

Ordinary

100.00

31/12/18

31/12/17

£

£

Aggregate capital and reserves

7,503,521

6,460,001

Profit for the year

617,386

732,593

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/19

30/9/18

£

£

Other debtors

871,769

615,784

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/19

30/9/18

£

£

Trade creditors

4,996

2,466

Amounts owed to group undertakings

106

106

Other creditors

68,090

15,364

73,192

17,936

7.	RELATED PARTY DISCLOSURES

At the balance sheet date the amount outstanding from British Harlequin Plc amounted to

£738,984 (2018: £480,937).

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties of the company are Robert and Valerie Dagger, by virtue of their

shareholding.