A family group needs one view of many companies, clear related-party balances, an honest answer to "how much can we distribute?" and a board that sees the same numbers as management. Naarvin brings every company together in your reporting currency, keeps a register of related parties and shows their balances, estimates dividend capacity for the board to discuss, and gives each family member and manager access only to the companies they should see.
What makes finance in a family group different?
- Many companies, often on different systems, built up over decades.
- Money moves between companies, shareholders and family members, and balances are unclear.
- Dividends are decided without a clear view of distributable profits, loan covenants and cash.
- Board papers are assembled by hand, and minutes live in someone's email.
- Each family member and manager should see some companies, not all of them.
How does a family group run finance with Naarvin?
- One view of the groupEach company stays on its own system and currency. Naarvin maps them to one finance model and consolidates the group, with intercompany balances matched.
- Register the related partiesShareholders, directors' companies, key management and companies under common control are recorded once. Their balances are marked on the receivables and payables aging, and the board pack shows what is owed to and by each.
- Track shareholder fundingWhat a shareholder has committed to put into a company, and the draws against it, are tracked. Planned draws count as cash coming in; the undrawn rest is shown beside bank facilities, never as cash.
- Estimate dividend capacityFor a company at a date, Naarvin shows four limits: distributable profits, loan covenants, cash today and the 13-week cash low point. The lowest is the one that binds.
- Run the boardMeetings, papers and minutes in one place. Draft minutes become final only when someone who never edited them approves them.
- Set access by companyEach person sees only the companies they should, from a family member on one company to the group CFO on all of them.
How is dividend capacity worked out?
| Limit | What it checks |
|---|---|
| Distributable profits | Retained earnings and this year's profit, less zakat not yet booked and any reserve your bylaws set aside |
| Loan covenants | The largest dividend that keeps every covenant met today and at the next test dates |
| Cash today | Cash at the date, less zakat payable and the minimum cash you want to keep |
| Cash forecast | The lowest weekly balance in the 13-week forecast, less the minimum cash |
What do you need to start?
- Each company's accounting system connected, or its ledger exported.
- The group structure and ownership shares.
- Your related parties: shareholders, directors' companies and companies under common control.
- Who should see which company.
Who is this for?
Family-owned groups and family offices that own several operating companies, especially across currencies and systems. A family business with a single company may need only management reporting; see group reporting for the group side in more detail.
Questions people ask
Can a family member see only their own company?
Yes. Access is set by role and by company, and the CFO Copilot follows the same rule. Group totals are not shown to someone who cannot see every company in them.
Does Naarvin decide how much we can distribute?
No. It estimates dividend capacity against four limits for the board to discuss. The decision, and any legal or zakat advice, stays with you and your advisers.
How are loans from shareholders handled?
Shareholders are recorded as related parties, their balances are shown on the aging and in the board pack, and funding commitments are tracked with their draws.
Can board members use Naarvin?
Yes. There are Board Member and Investor roles, and board members read the meetings they are invited to, with final minutes.