The Mulholland Family Investment Company - Accounts to registrar (filleted)

REGISTERED NUMBER: 14540398 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE MULHOLLAND FAMILY INVESTMENT COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K.P. Mulholland

J Mulholland

REGISTERED OFFICE:

C/o Carwood

23 Herald Way

Binley Industrial Estate

Coventry

Warwickshire

CV3 2RQ

REGISTERED NUMBER:

14540398 (England and Wales)

ACCOUNTANTS:

Dafferns LLP

One Eastwood

Harry Weston Road

Binley Business Park

Coventry

CV3 2UB

FIXED ASSETS

Investments

5

20,426,618

19,115,614

CURRENT ASSETS

Debtors

6

351

127

Cash at bank

153,970

143,953

154,321

144,080

CREDITORS

Amounts falling due within one year

7

34,442

29,417

NET CURRENT ASSETS

119,879

114,663

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,546,497

19,230,277

PROVISIONS FOR LIABILITIES

636,911

307,913

NET ASSETS

19,909,586

18,922,364

CAPITAL AND RESERVES

Called up share capital

8

1,000

Share premium

9

10,501,250

Fair value reserve

9

1,910,712

923,738

Retained earnings

9

7,496,624

7,496,376

19,909,586

18,922,364

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 December 2025 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 9 June 2026 and were signed on its behalf by:

K.P. Mulholland - Director

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 office address can be found on the Company Information page.

The presentation currency of the financial statements is in the Pound Sterling (£) and rounded to the nearest £1.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

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 investments' in the Income Statement if the shares are publicly traded or their fair value can otherwise be measured reliably.

Financial instruments

Basic financial instruments in debtors and creditors with no stated interest rate, and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement in other administrative expenses.

Taxation

Taxation for the year 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 year 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

Listed

undertakings

investments

Totals

£

COST OR VALUATION

At 1 January 2025

10,450,000

8,665,614

19,115,614

Disposals

-

(4,988

)

(4,988

)

Revaluations

-

1,315,992

At 31 December 2025

10,450,000

9,976,618

20,426,618

NET BOOK VALUE

At 31 December 2025

10,450,000

9,976,618

20,426,618

At 31 December 2024

10,450,000

8,665,614

19,115,614

Cost or valuation at 31 December 2025 is represented by:

Interest

in

associate

Listed

undertakings

investments

Totals

£

Valuation in 2023

-

295,914

Valuation in 2024

-

935,763

Valuation in 2025

-

1,315,992

Cost

10,450,000

7,428,949

17,878,949

10,450,000

9,976,618

20,426,618

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Prepayments

351

127

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

28,632

22,603

Accrued expenses

5,810

6,814

34,442

29,417

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid number:

Issued Class:

Nominal
Value:

2025

2024

£

50

A

£1

50

B

£1

50

300

C

£1

300

D

£1

300

E

£1

300

1000

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.

9.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

At 1 January 2025

7,496,376

10,501,250

923,738

18,921,364

Profit for the year

1,087,762

Dividends

(100,540

)

(100,540

)

Transfer revaluation gain

(1,315,992

)

-

1,315,992

-

Transfer to retained earnings
realised gains

27

-

(27

)

-

Movement in deferred tax

328,991

-

(328,991

)

-

At 31 December 2025

7,496,624

10,501,250

1,910,712

19,908,586

10.	RELATED PARTY DISCLOSURES

At the year end there was £28,632 (2024: £22,603) owed to Carwood Motor Units Ltd of which K. P. Mulholland is a director, this balance is held within other creditors.

11.	ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.