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Registered number: 13045258
2h Real Estate Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
The Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13045258
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 852 826
Investment Properties 5 800,000 523,727
800,852 524,553
CURRENT ASSETS
Debtors 6 880 679
Cash at bank and in hand 923 3,051
1,803 3,730
Creditors: Amounts Falling Due Within One Year 7 (419,136 ) (412,607 )
NET CURRENT ASSETS (LIABILITIES) (417,333 ) (408,877 )
TOTAL ASSETS LESS CURRENT LIABILITIES 383,519 115,676
Creditors: Amounts Falling Due After More Than One Year 8 (68,931 ) (79,167 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (69,281 ) (209 )
NET ASSETS 245,307 36,300
CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 207,205 -
Profit and Loss Account 38,002 36,200
SHAREHOLDERS' FUNDS 245,307 36,300
Page 1
Page 2
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 Dean Hanson
Director
14/09/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
2h Real Estate Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13045258 . The registered office is The Accountants C/O 11 Moss Side Street, Shawforth, Rochdale, OL12 8EP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
2.2. Significant judgements and estimations
In the application of the company’s accounting policies, the directors are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover 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 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 reliably.
Revenue arising from investment properties is accounted for on a straight line basis over the lease period.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets, which include debtors and cash, together with basic financial liabilities, including creditors, are initially recognised at transaction cost and not amortised as they are either receivable or payable within one year.
Creditors payable after one year constitutes a commercial business loan with a market rate of interest being applied. This is recognised in full. 
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: NIL)
2 -
4. Tangible Assets
Plant & Machinery
£
Cost or Valuation
As at 1 December 2024 1,468
Additions 260
As at 30 November 2025 1,728
Depreciation
As at 1 December 2024 642
Provided during the period 234
As at 30 November 2025 876
...CONTINUED
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Page 5
Net Book Value
As at 30 November 2025 852
As at 1 December 2024 826
5. Investment Property
2025
£
Fair Value
As at 1 December 2024 523,727
Fair value adjustments 276,273
As at 30 November 2025 800,000
The valuations of investment properties were made on the 30 November 2025 by the directors, on an open market basis.
If investment properties were stated on a historical basis rather than a fair value basis, the properties would have been included at an original cost of £523,727.
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 679 679
Other taxes and social security 201 -
880 679
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1
Bank loans and overdrafts 1,237 -
Corporation tax 418 4,326
Other creditors 2,400 2,400
Accruals and deferred income 650 650
Directors' loan accounts 414,431 405,230
419,136 412,607
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 68,931 79,167
The bank loans are secured by a fixed and floating charge over the company's investment properties.
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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Page 6
10. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 December 2024 - 36,200
Profit for the year and total comprehensive income - 209,007
Transfer to/from Fair value reserve - (207,205)
Transfer to/from Profit & Loss Account 207,205 -
As at 30 November 2025 207,205 38,002
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