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REGISTERED NUMBER: 09386963 (England and Wales)

| MITCHELL PROPERTY INVESTMENTS LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2026 |

MITCHELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 09386963) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| MITCHELL PROPERTY INVESTMENTS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2026

| DIRECTORS: | T J Mitchell

| Mrs E A Mitchell

| REGISTERED OFFICE: | 49 Station Road

| Polegate

| East Sussex

| BN26 6EA

| REGISTERED NUMBER: | 09386963 (England and Wales)

| ACCOUNTANTS: | SJF Accounting & Tax Ltd t/a SJF Accountants

| Chartered Certified Accountants

| Rothsay House

| 5 South Street

| East Hoathly

| East Sussex

| BN8 6DS

MITCHELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 09386963) |

BALANCE SHEET

31 JANUARY 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,040 |  | 2,720 |  |

Investment property | 5 | 940,000 |  | 930,000 |  |

942,040 |  | 932,720 |  |

CURRENT ASSETS

Debtors | 6 | 3,160 |  | - |  |

Cash at bank | 22,633 |  | 25,919 |  |

25,793 |  | 25,919 |  |

CREDITORS

Amounts falling due within one year | 7 | 76,165 |  | 82,481 |  |

NET CURRENT LIABILITIES | (50,372 | ) | (56,562 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 891,668 |  | 876,158 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (905,718 | ) | (914,368 | ) |

PROVISIONS FOR LIABILITIES | 10 | (52,862 | ) | (25,502 | ) |

NET LIABILITIES | (66,912 | ) | (63,712 | ) |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Fair value reserve | 12 | 250,860 |  | 268,220 |  |

Retained earnings | 12 | (317,872 | ) | (332,032 | ) |

SHAREHOLDERS' FUNDS | (66,912 | ) | (63,712 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

MITCHELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 09386963) |

BALANCE SHEET - continued

31 JANUARY 2026

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 5 May 2026 and were signed on its behalf by:

Mrs E A Mitchell - Director

T J Mitchell - Director

MITCHELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 09386963) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1. | STATUTORY INFORMATION

| Mitchell Property Investments 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

| Monetary amounts in these financial statements are rounded to the nearest £

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Rental Income

| Revenue, which represents rents receivable on investment properties, is measured at fair value of the consideration received or receivable, excluding any rebates or discounts.Revenue is recognised to the extent that it is probable that the economic benefit will flow to the Company and the revenue can be easily measured. Revenue is recognised in the period in which the services are provided in accordance with the rental agreement.

| Rendering of Services

| Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for the work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliability.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

| Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful life.

| Plant and machinery - 25% on reducing balance

| Investment property

| Investment properties are carried at fair value determined annually by the director or a professional valuation and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any change in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and loss account.

MITCHELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 09386963) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2026

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loan from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and short-term bank deposits with an original maturity of three months or less.

| Financial assets that are measured at cost and amortised costs are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2025 - 2 ) .

MITCHELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 09386963) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2026

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2025

| and 31 January 2026 | 32,547 |  |

| DEPRECIATION

| At 1 February 2025 | 29,827 |  |

| Charge for year | 680 |  |

| At 31 January 2026 | 30,507 |  |

| NET BOOK VALUE

| At 31 January 2026 | 2,040 |  |

| At 31 January 2025 | 2,720 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 February 2025 | 930,000 |  |

| Revaluations | 10,000 |  |

| At 31 January 2026 | 940,000 |  |

| NET BOOK VALUE

| At 31 January 2026 | 940,000 |  |

| At 31 January 2025 | 930,000 |  |

| The investment properties were valued at an open market value on 31st January 2026 by the directors, Green Oak Chartered Surveyors and Fleet Mortgages.

| If the investment properties had not be revalued they would have been shown at the original cost of £661,780. Investment properties are shown at fair value at the year end.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other debtors | 3,160 |  | - |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | 5,900 |  | - |  |

| Taxation and social security | 430 |  | - |  |

| Other creditors | 69,835 |  | 82,481 |  |

76,165 |  | 82,481 |  |

MITCHELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 09386963) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2026

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

| The directors have provided an interest free loan to the company of £64,510 (2025 £77,328)

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans | 18,337 |  | 30,148 |  |

| Other creditors | 887,381 |  | 884,220 |  |

905,718 |  | 914,368 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Morgage | 707,381 |  | 669,220 |  |

| Other loans | 180,000 |  | 215,000 |  |

887,381 |  | 884,220 |  |

9. | SECURED DEBTS

| Mortgages of £707,381 are secured on the assets to which they relate. The Directors have provided personal guarantees for £130,000 of other loans.

10. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax | 52,862 |  | 25,502 |  |

| Deferred |

| tax |

£ |

| Balance at 1 February 2025 | 25,502 |  |

| Charge to Income Statement during year | 27,360 |  |

| Balance at 31 January 2026 | 52,862 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 100 | Ordinary | 1 | 100 |  | 100 |  |

MITCHELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 09386963) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2026

12. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 February 2025 | (332,032 | ) | 268,220 |  | (63,812 | ) |

| Deficit for the year | (3,200 | ) | (3,200 | ) |

| Fair Value | 17,360 |  | (17,360 | ) | - |  |

| At 31 January 2026 | (317,872 | ) | 250,860 |  | (67,012 | ) |

| The funds held in the Fair Value Reserve are not distributable.