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REGISTERED NUMBER: 15469965 (England and Wales)

| Unaudited Financial Statements |

| For The Period 6 February 2024 to 28 February 2025 |

| for |

| Mullaney Living Limited |

| Mullaney Living Limited (Registered number: 15469965) |

Contents of the Financial Statements

For The Period 6 February 2024 to 28 February 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Mullaney Living Limited |

Company Information

For The Period 6 February 2024 to 28 February 2025

| DIRECTORS: | M J Mullaney

| J Mullaney

| REGISTERED OFFICE: | 32 Field View Lane

| Witcombe

| Gloucester

| GL3 4XB

| REGISTERED NUMBER: | 15469965 (England and Wales)

| ACCOUNTANTS: | Kingscott Dix Limited

| Chartered Accountants

| Goodridge Court

| Goodridge Avenue

| Gloucester

| Gloucestershire

| GL2 5EN

| Mullaney Living Limited (Registered number: 15469965) |

Abridged Balance Sheet

28 February 2025

| Notes | £ | £ |

| FIXED ASSETS

| Investment property | 4 | 566,457 |  |

| CURRENT ASSETS

| Debtors | 7,500 |  |  |

| Cash at bank | 10,871 |  |  |

18,371 |  |

| CREDITORS

| Amounts falling due within one year | 600,847 |  |

| NET CURRENT LIABILITIES | (582,476 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | (16,019 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 5 | 2 |  |

| Retained earnings | (16,021 | ) |

| SHAREHOLDERS' FUNDS | (16,019 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 December 2025 and were signed on its behalf by:

M J Mullaney - Director

| Mullaney Living Limited (Registered number: 15469965) |

Notes to the Financial Statements

For The Period 6 February 2024 to 28 February 2025

1. | STATUTORY INFORMATION

| Mullaney Living Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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. The financial statements have been prepared under the historical cost convention.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Cash and cash equivalents

| Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

| Basic financial liabilities

| Basic financial liabilities, including trade and other creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.

| Mullaney Living Limited (Registered number: 15469965) |

Notes to the Financial Statements - continued

For The Period 6 February 2024 to 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the period 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 period 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.

| Going concern

| These are the Company's first financial statements. During the year it acquired its first investment property and related loan, resulting in net liabilities at the year end. After the year end, the property was successfully renovated ready for leasing to commence, establishing the Company's principal ongoing activity.

| The directors have reviewed cash flow forecasts and consider that the rental income will be sufficient to meet the Company's obligations. Accordingly, the directors believe it appropriate to prepare the accounts on the going concern basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 2 .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| Additions | 566,457 |  |

| At 28 February 2025 | 566,457 |  |

| NET BOOK VALUE

| At 28 February 2025 | 566,457 |  |

5. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal

| value: | £ |

| 2 | Ordinary | 1 | 2 |  |

| Mullaney Living Limited (Registered number: 15469965) |

Notes to the Financial Statements - continued

For The Period 6 February 2024 to 28 February 2025

6. | POST BALANCE SHEET EVENTS

| After the reporting date, the company entered into a new mortgage facility. The loan is interest only and secured on the company's investment property.