R2B LTD

Company Registration Number:
12479215 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 March 2023

End date: 30 April 2024

R2B LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

R2B LTD

Company Information

for the Period Ended 30 April 2024




Director: G Murphy
A Jaques
Registered office: 8
Titchfield Avenue
Sutton-In-Ashfield
England
NG17 1EU
Company Registration Number: 12479215 (England and Wales)

R2B LTD

Balance sheet

As at 30 April 2024


Notes
14 months to
30 Apr 2024
£

2023
£
Fixed assets
Tangible assets: 4 181,411 181,411
Total fixed assets: 181,411 181,411
Current assets
Debtors: 5 34,527 63,978
Cash at bank and in hand: 10 12,302
Total current assets: 34,537 76,280
Creditors: amounts falling due within one year: ( 43,298 ) ( 68,017 )
Net current assets (liabilities): ( 8,761 ) 8,263
Total assets less current liabilities: 172,650 189,674
Creditors: amounts falling due after more than one year: 6 ( 219,247 ) ( 201,629 )
Provision for liabilities: ( 466 ) ( 466 )
Total net assets (liabilities): ( 47,063 ) ( 12,421 )

The notes form part of these financial statements

R2B LTD

Balance sheet continued

As at 30 April 2024


Notes
14 months to
30 Apr 2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Revaluation reserve: 7 9,100 9,100
Profit and loss account: ( 56,165 ) ( 21,523 )
Shareholders funds: ( 47,063 ) ( 12,421 )

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

This report was approved by the board of directors on 26 November 2024
And Signed On Behalf Of The Board By:

Name: G Murphy
Status: Director

The notes form part of these financial statements

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    14 months to
    30 Apr 2024

    2023
    Average number of employees during the period 0 0

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 181,411
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2024 181,411
Depreciation
At 01 March 2023 -
Charge for year -
On disposals -
Other adjustments -
At 30 April 2024 -
Net book value
At 30 April 2024 181,411
At 28 February 2023 181,411

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 5. Debtors

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due after more than one year note

Both properties are currently mortgaged to the value of £152,654.

There is a bounce back loan of £36,202 due after more than 1 year.

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Revaluation reserve

14 months to
30 Apr 2024
£
Balance at 01 March 2023 9,100
Surplus or deficit after revaluation 0
Balance at 30 April 2024 9,100

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

8.1. Loans to Directors

Name of director receiving advance or credit: G Murphy
Description of the transaction:
As at 28th February 2023 the directors owed the company the sum of £10,997. The loan was repaid within 9 months.
Balance at 01 March 2023 10,997
Balance at 30 April 2024 10,997

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

9.1.Related party disclosures

Name of related party: SerenProperty Ltd
Description of relationship:
Associated company
Description of the transaction:
Loan from SerenProperty Ltd
Balance at 01 March 2023 38,670
Balance at 30 April 2024 38,670

Name of related party: SA Connect Ltd
Description of relationship:
Associated Company
Description of the transaction:
Loan from SA Connect Ltd
Balance at 01 March 2023 22,740
Balance at 30 April 2024 22,740

R2B LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

9.2.Related party disclosures

Name of related party: Jaques Associates Ltd
Description of relationship:
Associated company
Description of the transaction:
Loan from Jaques Associated Ltd
Balance at 01 March 2023 1,800
Balance at 30 April 2024 1,800

Name of related party: Stop Here Ltd
Description of relationship:
Associated company
Description of the transaction:
Loan to Stop Here Ltd
Balance at 01 March 2023 6,826
Balance at 30 April 2024 6,826