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Company Registration No. 11702153 (England and Wales)
R Investments Limited Unaudited accounts for the year ended 30 November 2023
R Investments Limited Unaudited accounts Contents
Page
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R Investments Limited Company Information for the year ended 30 November 2023
Director
Remi Adegbite
Company Number
11702153 (England and Wales)
Registered Office
1 Mannock Mews London E18 1DB England
Accountants
Abacus Financial Accountants 12 Douglas Road Goodmayes London IG3 8UX
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R Investments Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
100,424 
43,002 
Current assets
Cash at bank and in hand
8,161 
248 
Creditors: amounts falling due within one year
(27,745)
(23,998)
Net current liabilities
(19,584)
(23,750)
Total assets less current liabilities
80,840 
19,252 
Creditors: amounts falling due after more than one year
(126,167)
(77,429)
Net liabilities
(45,327)
(58,177)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(45,328)
(58,178)
Shareholders' funds
(45,327)
(58,177)
For the year ending 30 November 2023 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 director acknowledges his 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 and authorised for issue on 31 January 2025 and were signed on its behalf by
Remi Adegbite Director Company Registration No. 11702153
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R Investments Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
R Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 11702153. The registered office is 1 Mannock Mews, London, E18 1DB, England.
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.
Turnover
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Over 10 years
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 December 2022
47,780 
Additions
95,680 
Disposals
(32,352)
At 30 November 2023
111,108 
Depreciation
At 1 December 2022
4,778 
Charge for the year
4,778 
On disposals
1,128 
At 30 November 2023
10,684 
Net book value
At 30 November 2023
100,424 
At 30 November 2022
43,002 
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R Investments Limited Notes to the Accounts for the year ended 30 November 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
24,381 
23,998 
Loans from directors
3,364 
- 
27,745 
23,998 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
26,674 
30,672 
Obligations under finance leases and hire purchase contracts
99,493 
46,757 
126,167 
77,429 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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