REGISTERED NUMBER: 11417438 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 29 NOVEMBER 2025

FOR

HY TWO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

D L H Yates

REGISTERED OFFICE:

Hy Hotel

318 -328 Clifton Drive North

Lytham St Annes

Lancashire

FY8 2PB

REGISTERED NUMBER:

11417438 (England and Wales)

ACCOUNTANTS:

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

FIXED ASSETS

Tangible assets

5

142,239

161,859

CURRENT ASSETS

Debtors

6

1,403,688

1,231,991

Cash at bank

-

57

1,403,688

1,232,048

CREDITORS

Amounts falling due within one year

7

1,984,810

1,315,984

NET CURRENT LIABILITIES

(581,122

)

(83,936

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(438,883

)

77,923

CREDITORS

Amounts falling due after more than one year

8

3,840

40,284

NET (LIABILITIES)/ASSETS

(442,723

)

37,639

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(442,823

)

37,539

(442,723

)

37,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 November 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 November 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 22 May 2026 and were signed by:

D L H Yates - Director

1.	STATUTORY INFORMATION

Hy Two Ltd 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed 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.

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

-

15% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost 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 statement of income and retained earnings.

Deferred taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Hire purchase and leasing commitments

Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other intangible assets. The related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

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 profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 22 (2024 - 18 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 June 2024

86,194

102,438

4,170

192,802

Additions

-

-

11,523

11,523

At 29 November 2025

86,194

102,438

15,693

204,325

DEPRECIATION

At 1 June 2024

-

28,191

2,752

30,943

Charge for period

6,465

16,705

7,973

31,143

At 29 November 2025

6,465

44,896

10,725

62,086

NET BOOK VALUE

At 29 November 2025

79,729

57,542

4,968

142,239

At 31 May 2024

86,194

74,247

1,418

161,859

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.11.25

31.5.24

£

£

Trade debtors

222,695

196,020

Amounts owed by group undertakings

1,006,768

881,804

Other debtors

29,335

26,126

VAT

144,890

128,041

1,403,688

1,231,991

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.11.25

31.5.24

£

£

Bank loans and overdrafts (see note 9)

9,329

9,250

Trade creditors

191,344

164,954

Amounts owed to group undertakings

1,361,931

1,123,958

Social security and other taxes

86,681

14,035

Other creditors

333,025

1,287

Accruals and deferred income

2,500

2,500

1,984,810

1,315,984

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.11.25

31.5.24

£

£

Bank loans (see note 9)

40,283

40,284

Directors Loan Account

(36,443

)

-

3,840

40,284

9.

LOANS

An analysis of the maturity of loans is given below:

29.11.25

31.5.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

78

-

Bank loans

9,251

9,250

9,329

9,250

Amounts falling due between one and two years:

Bank loans - 1-2 years

40,283

40,284

The following reproduces the text of the report prepared for the director 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 Director 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 Hy Two Ltd for the period ended 29 November 2025 which comprise the Income Statement, Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Hy Two Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hy Two Ltd and state those matters that we have agreed to state to the director of Hy Two Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Hy Two Ltd 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 loss of Hy Two Ltd. You consider that Hy Two Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Hy Two Ltd. 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.

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

22 May 2026