Muirhouses Capital Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC601947

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		101		101

			101		101
CURRENT ASSETS
Debtors	5	4,761,112		5,161,112
Cash at bank and in hand		2,057,045		959,903

		6,818,157		6,121,015
Creditors: Amounts Falling Due Within One Year	6	(600 )		(600 )

NET CURRENT ASSETS (LIABILITIES)			6,817,557		6,120,415

TOTAL ASSETS LESS CURRENT LIABILITIES			6,817,658		6,120,516

NET ASSETS			6,817,658		6,120,516

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			6,817,558		6,120,416

SHAREHOLDERS' FUNDS			6,817,658		6,120,516

Page 1

Page 2

Muirhouses Capital Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Martin

Director

04/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Muirhouses Capital Limited is a private company, limited by shares, incorporated in Scotland, registered number SC601947 . The registered office is South Lodge, Muirhouses, Bo'ness, West Lothian, EH51 9SS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Investments

	Unlisted
	£
Cost or Valuation
As at 1 February 2025	101

As at 31 January 2026	101

Provision
As at 1 February 2025	-

As at 31 January 2026	-

Net Book Value
As at 31 January 2026	101

As at 1 February 2025	101

5. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by subsidiaries	4,761,112	4,261,112
Amounts owed by associates	-	900,000

	4,761,112	5,161,112

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Accruals and deferred income	600	600

Page 3

Page 4

Muirhouses Capital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

Paddockhall Properties Limited

A company under the control of Mr & Mrs J Martin, directors & shareholders of Muirhouses Capital Limited, has loan outstanding due by Paddockhall Properties Limited of £4,761,112 (2025 £4,261,112).

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr & Mrs Martin by virtue of their ownership of 100% of the issued share capital in the company.