Registration number: NI719385

MCG Family Capital Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 8

MCG Family Capital Limited

Company Information

Director

Mr Michael Thomas McGlone

Registered office

38c Airfield Road Toomebridge Co Antrim BT41 3SG

Auditors

McKeague Morgan & Company 27 College Gardens Belfast BT9 6BS

MCG Family Capital Limited

(Registration number: NI719385)
Balance Sheet as at 31 December 2025

	Note	2025 £
Fixed assets
Investments	4	6,864,000
Current assets
Debtors	5	6,971,090
Cash at bank and in hand		23,325
		6,994,415
Creditors: Amounts falling due within one year	6	(6,241,703)
Net current assets		752,712
Net assets		7,616,712
Capital and reserves
Called up share capital		100
Capital contribution reserve		6,864,000
Profit and loss account		752,612
Total equity		7,616,712

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 Profit and Loss Account.

Approved and authorised by the director on 29 April 2026
 

.........................................

Mr Michael Thomas McGlone
Director

MCG Family Capital Limited

Notes to the Financial Statements for the Period from 1 August 2024 to 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
38c Airfield Road
Toomebridge
Co Antrim
BT41 3SG

These financial statements were authorised for issue by the director on 29 April 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.

Name of parent of group

These financial statements are consolidated in the financial statements of MCG Family Holdings Ltd.

The financial statements of MCG Family Holdings Ltd may be obtained from
38c Airfield Road
Toomebridge
Antrim
Northern Ireland
BT41 3SG.

Group accounts not prepared

MCG Family Capital Ltd is exempt from the requirement to prepare and deliver group accounts by virtue of Section 400 of the Companies Act 2006.

The company is a subsidiary undertaking and is included in the consolidated accounts of its parent undertaking, MCG Family Holdings Ltd, which are prepared in accordance with the provisions of the Companies Act 2006..

Going concern

The financial statements have been prepared on a going concern basis.

MCG Family Capital Limited

Notes to the Financial Statements for the Period from 1 August 2024 to 31 December 2025

2	Accounting policies (continued)

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 29 April 2026 was Terence Hollywood, who signed for and on behalf of McKeague Morgan & Company.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

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.

MCG Family Capital Limited

Notes to the Financial Statements for the Period from 1 August 2024 to 31 December 2025

2	Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 period, was 0.

4	Investments

	2025 £
Investments in subsidiaries	6,864,000