ACCOUNTS - Final Accounts

Registered number: 14843070

MYSTERY HOLDINGS LIMITED ( FORMERLY KNOWN AS ADAM SPIEGEL HOLDINGS LIMITED)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025


MYSTERY HOLDINGS LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 5


MYSTERY HOLDINGS LIMITED REGISTERED NUMBER:14843070

STATEMENT OF FINANCIAL POSITION

AS AT 30 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		2		10
Current assets
Debtors: amounts falling due within one year	5	961,929		-
Current liabilities
Creditors: amounts falling due within one year	6	(95,388)		-
Net current assets			866,541		-

Net assets			866,543		10

Capital and reserves
Called up share capital	7	10	10
Profit and loss account		866,533	-
		866,543	10

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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2025.

B M Fenty

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1


MYSTERY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

1.	General information

Mystery Holdings Limited is a private limited liability company incorporated in England and Wales. Its registered office address is at First Floor, 62 Shaftesbury Avenue, London, England, W1D 6LT.
The principal activity of the company is a holding company.
The company changed its name from Adam Spiegel Holdings Limited to Mystery Holdings Limited on 3 August 2024.
The company's functional and presentational currency is £ sterling.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

On 2nd July 2024, MT SPV Ltd became the immediate and ultimate parent undertaking of the Company by way of a group reorganisation. As a result, the Company is now itself a subsidiary undertaking and its financial statements are included in the consolidated financial statements of MT SPV Ltd, which are publicly available. Accordingly, these financial statements are the Company’s individual financial statements and are prepared on a single-entity basis. In the prior year, the Company was the ultimate parent undertaking of the group and prepared consolidated financial statements.

The following principal accounting policies have been applied:

2.2

Reporting period

The accounting period end of all entities in the group that the Company is a member of, and the financial statements of all companies in the group have been presented for the period 1 April 2024 to 30 March 2025 and the comparatives are presented for the period 3 April 2023 to 31 March 2024 on the basis that the principal activity of the group, the production of the dramatic-musical work 'The Mousetrap', is managed and reports on a weekly basis. The period end is the Sunday nearest to 31 March each year.

2.3

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of a state other than the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 401 of the Companies Act 2006.

Page 2


MYSTERY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

2.Accounting policies (continued)

2.4

Going concern

The company made a profit in the period and at the Statement of Financial Position date had net current assets and net assets. However the company is a guarantor of loan notes payable by MT SPV Limited totalling £15,255,834 that are repayable in June 2026. After the reporting date, the loan notes were refinanced, with a new bank loan facility that is repayable by instalments over 5 years. The company is expected to remain profitable and be able to meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have therefore been prepared under the going concern basis.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Basic Financial instruments

The company only enters into transactions that result in basic financial instruments such as loans with related parties.
Loans to related parties are recognised initially at the transaction price less attributable transaction costs. Loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of loans to related parties.

2.8

Dividends

Equity dividends are recognised when they become legally payable.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £nil).

Page 3


MYSTERY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 31 March 2024	10
	Additions	2
	Disposals	(10)
	At 30 March 2025	2

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	961,929	-

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Amounts owed to group undertakings	95,388	-

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

750 A Ordinary shares of £0.01 each	7.5	7.5
250 B Ordinary shares of £0.01 each	2.5	2.5

	10.0	10.0

The A Ordinary shares and B Ordinary shares rank pari passu in all respects.

Page 4


MYSTERY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

8.	Contingent liabilities

The company is a guarantor for loan notes totalling £15,255,834 (2024 - £nil) payable by MT SPV Limited. The loans are secured by a fixed and floating charge over the assets of the group.
After the reporting date, in June 2025, MT SPV Limited took out a bank loan facility for £14,378,250 and repaid the existing loan notes. The new bank facility is repayable by instalments over 5 years and is secured by a fixed and floating charge over the assets of the group.

9.	Controlling party

The immediate parent undertaking is MT SPV Ltd, a company registered in England and Wales with registered office address 62 Shaftesbury Avenue, London, England, W1D 6LT.
MT SPV Limited is the largest and smallest group which includes the company and for which group accounts are prepared. The consolidated accounts are available from Companies House.

10.	Auditors' information

The auditors' report on the financial statements for the year ended 30 March 2025 was unqualified.

The audit report was signed on 30 September 2025 by Martyn Atkinson FCA (Senior Statutory Auditor) on behalf of Sopher + Co LLP.

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