01 July 2023 30 June 2024 No principle activity is included 06626233 2023-07-01 06626233 2024-06-30 06626233 2023-07-01 2024-06-30 06626233 2023-06-30 06626233 2022-07-01 2023-06-30 06626233 uk-core:WithinOneYear 2024-06-30 06626233 uk-core:WithinOneYear 2023-06-30 06626233 uk-core:ShareCapital 2024-06-30 06626233 uk-core:ShareCapital 2023-06-30 06626233 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 06626233 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 06626233 uk-bus:RegisteredOffice 2023-07-01 2024-06-30 06626233 uk-curr:PoundSterling 2023-07-01 2024-06-30 06626233 uk-core:PlantMachinery 2023-07-01 2024-06-30 06626233 uk-core:Vehicles 2023-07-01 2024-06-30 06626233 uk-core:FurnitureFittings 2023-07-01 2024-06-30 06626233 uk-core:OfficeEquipment 2023-07-01 2024-06-30 06626233 uk-bus:FRS102 2023-07-01 2024-06-30 06626233 uk-bus:FullAccounts 2023-07-01 2024-06-30 06626233 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06626233 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  R2 RISK LIMITED
   
   
   
  UNAUDITED ABRIDGED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 30 JUNE 2024
   
   
   
   
   
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
  R2 RISK LIMITED
  ABRIDGED FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 30 JUNE 2024
       
       
  DIRECTORS
       
  D Killeen
  J Bullock
       
       
  SECRETARY
       
  D Killeen
       
  REGISTERED OFFICE
       
  Broadgate Barn
Llannon Road
Pontyberum
Wales SA15 5NF
       
       
  COMPANY REGISTERED NUMBER
       
  06626233
       
       
  ACCOUNTANTS
       
  P B Genender & Company
  Chartered Certified Accountants
  235 The Ridgeway
Enfield
Middlesex
EN2 8AD
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
   
  Page 1
   
  R2 RISK LIMITED
  ABRIDGED FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 30 JUNE 2024
       
       
  CONTENTS
       
  Pages
       
  3 Abridged Statement of Financial Position  
       
  4-5 Notes to the Financial Statements  
       
       
       
       
       
       
       
     
   
  Page 2
   
  R2 RISK LIMITED
  Company Registered Number: 06626233
  ABRIDGED STATEMENT OF FINANCIAL POSITION AT 30 June 2024
         
    Note 2024 2023
      £ £
  CURRENT ASSETS
  Debtors   - 378
  Cash at bank   1,142 700
      1,142 1,078
  CREDITORS: Amounts falling due within one year 4 3,487 2,239
  NET CURRENT LIABILITIES   (2,345) (1,161)
  NET LIABILITIES   2,345) 1,161)
     
  CAPITAL AND RESERVES
  Called up share capital   200 200
  Retained earnings   (2,545) (1,361)
  SHAREHOLDERS' FUNDS   2,345) 1,161)
     
       
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question 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 of its financial statements for the year ended 30 June 2024 in accordance with section 476 of the Companies Act 2006.
       
  The directors acknowledge their responsibilities for: 1) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements, so far as they are applicable to the company.
 
 
       
  These financial statements have been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies
       
  All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 June 2024 in accordance with Section 444 (2A) of the Companies Act 2006
       
  In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered
  The financial statements were approved and authorised for issue by the Board of Directors on 20 February 2025
 
  Signed on behalf of the board of Directors
 
 
       
  D Killeen, Director
       
       
   
  Page 3
   
  R2 RISK LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 30 JUNE 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES
       
         
1a. Statement of compliance
         
  R2 Risk Limited is a Limited Company incorporated in England and Wales.
         
  Registered office:
  Broadgate Barn
Llannon Road
Pontyberum
Wales SA15 5NF
         
  Basis of accounting
         
  These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
         
1c. Taxation
         
         
  Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
       
1d. Property, plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Plant and machinery Reducing balance 25%  
  Vehicles Reducing balance 25%  
  Fixtures and fittings Reducing balance 15%  
  Equipment Reducing balance 15%  
         
1e. Short term debtors and creditors
         
  Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.
         
         
1f. Leased assets
         
  Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis.
         
 
         
   
  Page 4
   
  R2 RISK LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 30 JUNE 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES (CONT.)
         
1g. Foreign currencies
         
  Transactions in foreign currencies are initially recorded in the entity’s functional currency by applying the spot exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
         
         
1h. Discontinued operations
         
  A discontinued operation is a component of the Company's business, the operations and cash flows of which can be clearly distinguished from the rest of the Company and which represents a separate major line of business or geographical area of operations, or is part of a signal coordinated disposal of a separate major line of business or geographical area of operations, or is a subsidiary acquired exclusively with a review to resale.
         
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of employees during the year were as follows:
    2024 2023
    No. No.
  Management and Administration 2 2
   
       
3. FIXED ASSETS
    Property Total
    plant &  
    equipment  
    £ £
  Cost or valuation
  At 1 July 2023 4,240 4,240
  At 30 June 2024 4,240 4,240
   
  Provision for depreciation,
  amortisation and impairment
  At 1 July 2023 4,240 4,240
  At 30 June 2024 4,240 4,240
   
  Net Book Value
       
  At 30 June 2024 - -
   
       
       
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2024 2023
    £ £
  Other Creditors 2,589 1,566
  Accruals and deferred income 898 673
    £3,487 £2,239
   
   
  Page 5