2R INVESTMENTS LIMITED |
Notes to the Accounts |
for the year ended 31 March 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Group accounts |
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The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertakings comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 398 of the Companies Act 2006 not to prepare group accounts. |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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3 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
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Cost |
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At 1 April 2022 |
201,220 |
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At 31 March 2023 |
201,220 |
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The company holds 20% or more of the share capital of the following companies: |
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Company |
Shares held |
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Class |
% |
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Premier Building Products (Anglia) Ltd |
Ordinary |
67% |
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Premier Building Products Ltd |
Ordinary |
100% |
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PSF Steel Ltd |
Ordinary |
67% |
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Premier Building Products (Anglia) Ltd and Premier Building Proucts Ltd supply general building products and PSF Steel Ltd supplies construction steel. All the companies are incorporated in England and Wales. |
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4 |
Debtors |
2023 |
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2022 |
£ |
£ |
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Other debtors |
19,000 |
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19,000 |
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5 |
Creditors: amounts falling due within one year |
2023 |
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2022 |
£ |
£ |
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Taxation and social security costs |
3 |
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3 |
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6 |
Loans to directors |
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Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
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R W Clarke |
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Interest free loan with no repayment terms |
9,500 |
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9,500 |
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(9,500) |
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9,500 |
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R M Shadforth |
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Interest free loan with no repayment terms |
9,500 |
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9,500 |
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(9,500) |
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9,500 |
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19,000 |
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19,000 |
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(19,000) |
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19,000 |
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7 |
Other information |
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2R INVESTMENTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
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The Gate House |
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Fernhurst Business Park |
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Fernhurst, Haslemere |
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Surrey |
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GU27 3HB |