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REGISTERED NUMBER: 14540398 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

14 DECEMBER 2022 TO 31 DECEMBER 2023

FOR

THE MULHOLLAND FAMILY INVESTMENT COMPANY
LIMITED

THE MULHOLLAND FAMILY INVESTMENT COMPANY
LIMITED (REGISTERED NUMBER: 14540398)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 14 December 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE MULHOLLAND FAMILY INVESTMENT COMPANY
LIMITED

COMPANY INFORMATION
for the period 14 December 2022 to 31 December 2023







DIRECTORS: K.P. Mulholland
Mrs J Mulholland





REGISTERED OFFICE: Carwood Herald Way
Binley Industrial Estate
Coventry
Warwickshire
CV3 2RQ





REGISTERED NUMBER: 14540398 (England and Wales)





ACCOUNTANTS: Dafferns LLP
Chartered Accountants
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

THE MULHOLLAND FAMILY INVESTMENT COMPANY
LIMITED (REGISTERED NUMBER: 14540398)

BALANCE SHEET
31 December 2023

Notes £    £   
FIXED ASSETS
Investments 4 18,204,974

CURRENT ASSETS
Debtors 5 1,504
Cash at bank 134,783
136,287
CREDITORS
Amounts falling due within one year 6 21,257
NET CURRENT ASSETS 115,030
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,320,004

CAPITAL AND RESERVES
Called up share capital 7 1,000
Share premium 8 10,501,250
Retained earnings 8 7,817,754
18,320,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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 12 September 2024 and were signed on its behalf by:





K.P. Mulholland - Director


THE MULHOLLAND FAMILY INVESTMENT COMPANY
LIMITED (REGISTERED NUMBER: 14540398)

NOTES TO THE FINANCIAL STATEMENTS
for the period 14 December 2022 to 31 December 2023

1. STATUTORY INFORMATION

The Mulholland Family Investment 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Listed investments
Listed investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in 'Gain/loss on revaluation of assets' in the profit and loss account if the shares are publicly traded or their fair value can otherwise be measured reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

THE MULHOLLAND FAMILY INVESTMENT COMPANY
LIMITED (REGISTERED NUMBER: 14540398)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 14 December 2022 to 31 December 2023

4. FIXED ASSET INVESTMENTS
Interest
in
associate Listed
undertakings investments Totals
£    £    £   
COST OR VALUATION
Additions 10,450,000 7,459,060 17,909,060
Revaluations - 295,914 295,914
At 31 December 2023 10,450,000 7,754,974 18,204,974
NET BOOK VALUE
At 31 December 2023 10,450,000 7,754,974 18,204,974

Cost or valuation at 31 December 2023 is represented by:

Interest
in
associate Listed
undertakings investments Totals
£    £    £   
Valuation in 2023 - 295,914 295,914
Cost 10,450,000 7,459,060 17,909,060
10,450,000 7,754,974 18,204,974

Market value of listed investments at 31 December 2023 - £ 7,754,974 .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,504

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Tax 17,058
Accrued expenses 4,199
21,257

THE MULHOLLAND FAMILY INVESTMENT COMPANY
LIMITED (REGISTERED NUMBER: 14540398)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 14 December 2022 to 31 December 2023

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid number:

Issued Class:
Nominal
Value:

2023
£   
50 A Ordinary £1 50
50 B Ordinary £1 50
300 C Ordinary £1 300
300 D Ordinary £1 300
300 E Ordinary £1 300
1,000

Each share is entitled to one vote in any circumstances, but this is subject to overriding restrictions in the Articles and the Shareholders Agreement. Each share ranks pari passu with all ordinary shares of all classes in respect of dividend payments, subject to restrictions in the Articles. Each share is entitled to participate equally in a distribution arising from a winding up or sale of the company.

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

Profit for the period 7,817,754 7,817,754
Share for share issue - 10,501,250 10,501,250
At 31 December 2023 7,817,754 10,501,250 18,319,004