H20 Travel Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04117502

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	5		230,772		230,772

			230,772		230,772
CURRENT ASSETS
Debtors	6	2,464		3,997
Cash at bank and in hand		18,275		8,656

		20,739		12,653
Creditors: Amounts Falling Due Within One Year	7	(26,004 )		(22,701 )

NET CURRENT ASSETS (LIABILITIES)			(5,265 )		(10,048 )

TOTAL ASSETS LESS CURRENT LIABILITIES			225,507		220,724

Creditors: Amounts Falling Due After More Than One Year	8		(134,830 )		(134,614 )

NET ASSETS			90,677		86,110

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			90,675		86,108

SHAREHOLDERS' FUNDS			90,677		86,110

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H20 Travel Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr P D Edwards

Director

17 August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

H20 Travel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04117502 . The registered office is Suite 5 Cherrytree Offices, Union Road, Sheffield, South Yorkshire, S11 9EF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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

2.3. Tangible Fixed Assets and Depreciation

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

Fixtures & Fittings

20% on cost

2.4. Investment Properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market valuation is transferred to the profit and loss statement.

The directors have not recently had the property professionally valued and therefore consider it prudent to include the property at a valuation equal to cost.

The directors consider that, as the property is held for its investment potential and rental income is negotiated on an arm's length basis, it should be disclosed as an investment property. Financial Reporting Standard for Smaller Entities (effective January 2015) does not require investment properties to be depreciated.

Not charging depreciation is a departure from the requirements of the Companies' Act 2006, but the directors consider that this departure is necessary for the accounts to show a true and fair view.

2.5. 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.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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H20 Travel Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 December 2024	40,208

As at 30 November 2025	40,208

Depreciation
As at 1 December 2024	40,208

As at 30 November 2025	40,208

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

5. Investment Property

	2025
	£
Fair Value
As at 1 December 2024 and 30 November 2025	230,772

The investment property has been accounted for under historical cost accounting rules, the amounts are as follows:

	2025	2024
	£	£
Cost	230,772	230,772

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	2,464	3,997

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	5,194	1,945
Other creditors	20,810	20,756

	26,004	22,701

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	134,830	134,614

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H20 Travel Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

9. Deferred Taxation

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.

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

11. Reserves

	Profit and Loss Account
	£
As at 1 December 2024	86,108
Profit for the year and total comprehensive income	4,567

As at 30 November 2025	90,675

12. Controlling Party

Both directors have an equal shareholding and, therefore, neither controls the company.

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