IRIS Accounts Production v25.1.0.734 04085664 Board of Directors 1.11.23 31.10.24 31.10.24 true false true false false false true false A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040856642023-10-31040856642024-10-31040856642023-11-012024-10-31040856642022-04-30040856642022-05-012023-10-31040856642023-10-3104085664ns15:EnglandWales2023-11-012024-10-3104085664ns14:PoundSterling2023-11-012024-10-3104085664ns10:Director12023-11-012024-10-3104085664ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3104085664ns10:SmallEntities2023-11-012024-10-3104085664ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3104085664ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3104085664ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3104085664ns10:FullAccounts2023-11-012024-10-310408566412023-11-012024-10-3104085664ns10:OrdinaryShareClass12023-11-012024-10-3104085664ns10:OrdinaryShareClass22023-11-012024-10-3104085664ns10:OrdinaryShareClass32023-11-012024-10-3104085664ns10:Director22023-11-012024-10-3104085664ns10:Director32023-11-012024-10-3104085664ns10:CompanySecretary12023-11-012024-10-3104085664ns10:RegisteredOffice2023-11-012024-10-3104085664ns5:CurrentFinancialInstruments2024-10-3104085664ns5:CurrentFinancialInstruments2023-10-3104085664ns5:Non-currentFinancialInstruments2024-10-3104085664ns5:Non-currentFinancialInstruments2023-10-3104085664ns5:ShareCapital2024-10-3104085664ns5:ShareCapital2023-10-3104085664ns5:RetainedEarningsAccumulatedLosses2024-10-3104085664ns5:RetainedEarningsAccumulatedLosses2023-10-3104085664ns5:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3104085664ns5:PatentsTrademarksLicencesConcessionsSimilar2023-11-012024-10-3104085664ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-11-012024-10-3104085664ns5:IntangibleAssetsOtherThanGoodwill2023-10-3104085664ns5:IntangibleAssetsOtherThanGoodwill2024-10-3104085664ns5:IntangibleAssetsOtherThanGoodwill2023-10-3104085664ns5:PlantMachinery2023-10-3104085664ns5:PlantMachinery2023-11-012024-10-3104085664ns5:PlantMachinery2024-10-3104085664ns5:PlantMachinery2023-10-3104085664ns5:CostValuation2023-10-3104085664ns5:DisposalsRepaymentsInvestments2024-10-3104085664ns5:CostValuation2024-10-3104085664ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3104085664ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3104085664ns5:Secured2024-10-3104085664ns5:Secured2023-10-3104085664ns10:OrdinaryShareClass12024-10-3104085664ns10:OrdinaryShareClass22024-10-3104085664ns10:OrdinaryShareClass32024-10-31
REGISTERED NUMBER: 04085664 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Blue Water Holidays Limited

Blue Water Holidays Limited (Registered number: 04085664)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

Blue Water Holidays Limited

Company Information
for the year ended 31 October 2024







DIRECTORS: B Peters
J Archer
T Turner





SECRETARY: T Turner





REGISTERED OFFICE: 1 Bowers Wharf
Skipton
North Yorkshire
BD23 2PD





REGISTERED NUMBER: 04085664 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Blue Water Holidays Limited (Registered number: 04085664)

Balance Sheet
31 October 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 753,598 771,213
Tangible assets 5 5,066 4,585
Investments 6 102 205
758,766 776,003

CURRENT ASSETS
Stocks 17,384 -
Debtors 7 201,020 177,616
Investments 8 1,144 1,144
Cash at bank and in hand 58,937 43,640
278,485 222,400
CREDITORS
Amounts falling due within one year 9 (317,458 ) (221,939 )
NET CURRENT (LIABILITIES)/ASSETS (38,973 ) 461
TOTAL ASSETS LESS CURRENT
LIABILITIES

719,793

776,464

CREDITORS
Amounts falling due after more than one year 10 (34,680 ) (64,572 )
NET ASSETS 685,113 711,892

CAPITAL AND RESERVES
Called up share capital 12 51,001 51,001
Retained earnings 634,112 660,891
SHAREHOLDERS' FUNDS 685,113 711,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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 6 May 2025 and were signed on its behalf by:



J Archer - Director


Blue Water Holidays Limited (Registered number: 04085664)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Blue Water Holidays 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 (£).


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 represents net sales of holidays, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Domain holdings are being amortised evenly over their estimated useful life of fifty years.

Websites are being amortised evenly over their estimated useful life of fifty years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold land - not depreciated
Computer equipment - 25% on cost
Fixtures and fittings - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 material 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.

Blue Water Holidays Limited (Registered number: 04085664)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Research and development
Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Share capital
Ordinary shares are classed as equity.

Distributions to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 November 2023
and 31 October 2024 880,715
AMORTISATION
At 1 November 2023 109,502
Charge for year 17,615
At 31 October 2024 127,117
NET BOOK VALUE
At 31 October 2024 753,598
At 31 October 2023 771,213

Blue Water Holidays Limited (Registered number: 04085664)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 November 2023 81,200
Additions 2,150
At 31 October 2024 83,350
DEPRECIATION
At 1 November 2023 76,615
Charge for year 1,669
At 31 October 2024 78,284
NET BOOK VALUE
At 31 October 2024 5,066
At 31 October 2023 4,585

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 November 2023 205
Disposals (103 )
At 31 October 2024 102
NET BOOK VALUE
At 31 October 2024 102
At 31 October 2023 205

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 139,840 115,390
Other debtors 61,180 62,226
201,020 177,616

8. CURRENT ASSET INVESTMENTS
2024 2023
£ £
Advantage shares 1,144 1,144

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 32,013 29,588
Taxation and social security 18,188 24,349
Other creditors 267,257 168,002
317,458 221,939

Blue Water Holidays Limited (Registered number: 04085664)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 34,680 64,572

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 66,693 94,160

Barclays Bank Plc have a fixed and floating charge over the assets of the company.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
22,370 A Ordinary £1 22,370 45,761
26,011 B Ordinary £1 26,011 2,620
2,620 C Ordinary £1 2,620 2,620
51,001 51,001

On 4 July 2024, 23,391 Ordinary A shares of £1 per share were reclassified to 23,391 Ordinary B shares of £1 per share.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Blue Water Holidays Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Blue Water Holidays Limited for the year ended 31 October 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Blue Water Holidays Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blue Water Holidays Limited and state those matters that we have agreed to state to the Board of Directors of Blue Water Holidays Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blue Water Holidays Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Blue Water Holidays Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Blue Water Holidays Limited. You consider that Blue Water Holidays Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Blue Water Holidays Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


6 May 2025