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Registration number: 15271432

McPhail Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

McPhail Holdings Limited

Contents

Company Information | 1
Profit and Loss Account and Statement of Retained Earnings | 2
Statement of Financial Position | 3
Notes to the Unaudited Financial Statements | 4 to 6

McPhail Holdings Limited

Company Information

Director | Miss J McPhail

Registered office | Birch House Oram Road Brindle Chorley Lancashire PR6 8NT

Accountants | McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

McPhail Holdings Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 December 2025

| Note | 2025 £ | 2024 £
Turnover |  | - | -
Administrative expenses |  | - | (240)
Operating loss |  | - | (240)
Income from shares in group undertakings |  | 49,208 | 643,793
|  | 49,208 | 643,793
Profit before tax |  | 49,208 | 643,553
Profit for the financial year |  | 49,208 | 643,553
Retained earnings brought forward |  | 620,053 | -
Dividends paid |  | (51,909) | (23,500)
Retained earnings carried forward |  | 617,352 | 620,053

McPhail Holdings Limited

(Registration number: 15271432)
Statement of Financial Position as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 270 | 270
Current assets |  |  |
Debtors | 5 | 617,202 | 620,003
Cash at bank and in hand |  | 100 | -
|  | 617,302 | 620,003
Net assets |  | 617,572 | 620,273
Capital and reserves |  |  |
Called up share capital |  | 220 | 220
Retained earnings |  | 617,352 | 620,053
Shareholders' funds |  | 617,572 | 620,273

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 6 March 2026

......................................... Miss J McPhail Director

McPhail Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Birch House
Oram Road
Brindle
Chorley
Lancashire
PR6 8NT

These financial statements were authorised for issue by the director on 6 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The financial statements contain information about McPhail Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

McPhail Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2 | Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 270 | 270

McPhail Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

4 | Investments (continued)

Subsidiaries | £
Cost or valuation
At 1 January 2025 | 270
Provision
Carrying amount
At 31 December 2025 | 270
At 31 December 2024 | 270

5 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 6 | 617,202 | 620,003
|  | 617,202 | 620,003

6 | Related party transactions

Summary of transactions with subsidiaries

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries with the group