1 February 2023 false No description of principal activity Taxfiler 2024.5 11783329business:PrivateLimitedCompanyLtd2023-02-012024-01-31 117833292023-01-31 117833292023-02-012024-01-31 11783329business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 11783329business:FilletedAccounts2023-02-012024-01-31 117833292024-01-31 11783329business:Director12023-02-012024-01-31 11783329business:Director22023-02-012024-01-31 11783329business:Director32023-02-012024-01-31 11783329business:RegisteredOffice2023-02-012024-01-31 117833292023-01-31 11783329core:AfterOneYear2024-01-31 11783329core:AfterOneYear2023-01-31 11783329core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 11783329core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 11783329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 11783329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 11783329core:PreviouslyStatedAmount2024-01-31 11783329core:PreviouslyStatedAmount2023-01-31 11783329business:SmallEntities2023-02-012024-01-31 11783329countries:EnglandWales2023-02-012024-01-31 11783329core:AdditionsToInvestments2024-01-31 11783329core:AfterOneYear2023-02-012024-01-31 117833292022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11783329 (England and Wales)
R3 Invest Ltd Unaudited accounts for the year ended 31 January 2024
R3 Invest Ltd Company Information for the year ended 31 January 2024
Directors
Ralph Chiti Richard Chiti Ronald Chiti
Company Number
11783329 (England and Wales)
Registered Office
20 Seymour Road St Albans Hertfordshire AL3 5HW United Kingdom
- 2 -
R3 Invest Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
583,099 
300,100 
Current assets
Cash at bank and in hand
441 
299,789 
Net current assets
441 
299,789 
Total assets less current liabilities
583,540 
599,889 
Creditors: amounts falling due after more than one year
(583,980)
(600,080)
Net liabilities
(440)
(191)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(443)
(194)
Shareholders' funds
(440)
(191)
For the year ending 31 January 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by
Richard Chiti Director Company Registration No. 11783329
- 3 -
R3 Invest Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
R3 Invest Ltd is a private company, limited by shares, registered in England and Wales, registration number 11783329. The registered office is 20 Seymour Road, St Albans, Hertfordshire, AL3 5HW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investments
Other investments 
£ 
Valuation at 1 February 2023
300,100 
Additions
282,999 
Valuation at 31 January 2024
583,099 
Investment in market tracker funds via IIS Ltd brokerage services.
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
583,980 
600,080 
Creditors are Directors Loans to the Company, repayable on request.
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 4 -