Registration number:
R5 Investments Limited
for the Period from 10 August 2022 to 31 August 2023
R5 Investments Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
R5 Investments Limited
Company Information
Directors |
J R Rial V J Rial |
Registered office |
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R5 Investments Limited
(Registration number: 14287975)
Balance Sheet as at 31 August 2023
Note |
2023 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
15 |
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Retained earnings |
566,875 |
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Shareholders' funds |
566,890 |
For the financial period ending 31 August 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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R5 Investments Limited
Notes to the Unaudited Financial Statements for the Period from 10 August 2022 to 31 August 2023
General information |
The Company is a private company limited by share capital, incorporated in England and Wales and the company registration number is 14287975.
The address of its registered office is:
The principal place of business is:
Heyford House
Catfoss Airfield
Brandesburton
Driffield
East Yorkshire
YO25 8EJ
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements have been prepared in sterling and are rounded to the nearest pound.
Tax
Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.
Investment property
R5 Investments Limited
Notes to the Unaudited Financial Statements for the Period from 10 August 2022 to 31 August 2023
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the Company (including Directors) during the period, was
Investment properties |
2023 |
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Additions |
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At 31 August |
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Debtors |
2023 |
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Prepayments |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2023 |
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Due within one year |
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Accruals and deferred income |
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Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £
R5 Investments Limited
Notes to the Unaudited Financial Statements for the Period from 10 August 2022 to 31 August 2023
Related party transactions |
Transactions with Directors |
2023 |
At 10 August 2022 |
Advances to Director |
Repayments by Director |
At 31 August 2023 |
J R Rial |
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Unsecured, interest free loan, repayable on demand |
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( |
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Other transactions with Directors |
At the year end the directors owed the company £26,650. Loans made to the company by the directors are unsecured, interest free and repayable on demand.