Company Registration No. 09127358 (England and Wales)
R2V DESIGN & BUILD LTD
Unaudited accounts
for the year ended 31 October 2024
R2V DESIGN & BUILD LTD
Unaudited accounts
Contents
R2V DESIGN & BUILD LTD
Company Information
for the year ended 31 October 2024
Directors
Vinod Patel
Prakash Patel
Company Number
09127358 (England and Wales)
Registered Office
342 REGENTS PARK ROAD
LONDON
N3 2LJ
ENGLAND
Accountants
Certax Accounting (Fitzrovia) Limited
85
Tottenham Court Road
London
W1T 4TQ
R2V DESIGN & BUILD LTD
Statement of financial position
as at 31 October 2024
Tangible assets
969,859
969,859
Cash at bank and in hand
10,000
55,833
Creditors: amounts falling due within one year
(265,353)
(299,347)
Net current liabilities
(238,278)
(233,082)
Total assets less current liabilities
731,581
736,777
Creditors: amounts falling due after more than one year
(720,000)
(720,000)
Called up share capital
100
100
Profit and loss account
11,481
16,677
Shareholders' funds
11,581
16,777
For the year ending 31 October 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 13 January 2024 and were signed on its behalf by
Vinod Patel
Director
Company Registration No. 09127358
R2V DESIGN & BUILD LTD
Notes to the Accounts
for the year ended 31 October 2024
R2V DESIGN & BUILD LTD is a private company, limited by shares, registered in England and Wales, registration number 09127358. The registered office is 342 REGENTS PARK ROAD, LONDON, N3 2LJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
4
Tangible fixed assets
Land & buildings
At 1 November 2023
969,859
At 31 October 2024
969,859
At 31 October 2024
969,859
At 31 October 2023
969,859
R2V DESIGN & BUILD LTD
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
13,401
6,525
Accrued income and prepayments
2,227
2,460
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
1,266
1,268
Loans from directors
264,087
296,087
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
720,000
720,000
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).