REGISTERED NUMBER: 15018424 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HAPPY LIVING RESIDENTIAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr G J Wogman

REGISTERED OFFICE:

7 Cadbury Close

Whetstone

London

N20 9BD

REGISTERED NUMBER:

15018424 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Bexhill) Limited

23 St Leonards Road

Bexhill On Sea

East Sussex

TN40 1HH

FIXED ASSETS

Tangible assets

4

3,586

3,417

CURRENT ASSETS

Debtors

5

85,161

283,585

Cash at bank and in hand

109,014

73,964

194,175

357,549

CREDITORS

Amounts falling due within one year

6

497,603

492,010

NET CURRENT LIABILITIES

(303,428

)

(134,461

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(299,842

)

(131,044

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(299,942

)

(131,144

)

(299,842

)

(131,044

)

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 director acknowledges his 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 director and authorised for issue on 24 September 2026 and were signed by:

Mr G J Wogman - Director

1.	STATUTORY INFORMATION

Happy Living Residential 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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.

Going concern

The financial statements have been prepared on the going concern basis, notwithstanding net liabilities of £299,842. The company is dependent on the continued support of Maurice Investments Limited, a related party, which has confirmed that it will not seek repayment of amounts owed to it for at least twelve months from the date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

4,782

Additions

1,024

At 31 December 2025

5,806

DEPRECIATION

At 1 January 2025

1,365

Charge for year

855

At 31 December 2025

2,220

NET BOOK VALUE

At 31 December 2025

3,586

At 31 December 2024

3,417

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

40,631

36,726

Other debtors

44,530

246,859

85,161

283,585

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

18,861

43,327

Taxation and social security

45,757

16,240

Other creditors

432,985

432,443

497,603

492,010

7.	RELATED PARTY TRANSACTIONS

At the balance sheet date, the company owed Maurice Investments Limited, a related party, the balance of £428,488 (2024 - £428,488). The loan is interest free, and repayable on demand. No guarantees have been given or received.