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REGISTERED NUMBER: 04996004 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

R2 Construction Limited

R2 Construction Limited (Registered number: 04996004)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R2 Construction Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: M Rogers





SECRETARY: Mrs S Rogers





REGISTERED OFFICE: 104 Whitby Road
Ellesmere Port
Cheshire
CH65 0AB





REGISTERED NUMBER: 04996004 (England and Wales)





ACCOUNTANTS: Johnstone Howell & Co
104 Whitby Road
Ellesmere Port
Cheshire
CH65 0AB

R2 Construction Limited (Registered number: 04996004)

Balance Sheet
31 December 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Property, plant and equipment 4 772,764 872,635

CURRENT ASSETS
Debtors 5 1,105,701 621,038
Cash at bank 94,048 103,218
1,199,749 724,256
CREDITORS
Amounts falling due within one year 6 398,736 207,266
NET CURRENT ASSETS 801,013 516,990
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,573,777

1,389,625

PROVISIONS FOR LIABILITIES 7 173,004 194,369
NET ASSETS 1,400,773 1,195,256

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,400,673 1,195,156
SHAREHOLDERS' FUNDS 1,400,773 1,195,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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 financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2025 and were signed by:




M Rogers - Director


R2 Construction Limited (Registered number: 04996004)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

R2 Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of VAT. In respect of contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of contracts for ongoing services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

R2 Construction Limited (Registered number: 04996004)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 January 2024 2,064,389 38,064 747,128 8,657 2,858,238
Additions 25,588 - 98,505 1,327 125,420
Disposals - - (14,229 ) - (14,229 )
At 31 December 2024 2,089,977 38,064 831,404 9,984 2,969,429
DEPRECIATION
At 1 January 2024 1,533,470 25,847 422,980 3,306 1,985,603
Charge for year 134,961 3,056 85,143 1,401 224,561
Eliminated on disposal - - (13,499 ) - (13,499 )
At 31 December 2024 1,668,431 28,903 494,624 4,707 2,196,665
NET BOOK VALUE
At 31 December 2024 421,546 9,161 336,780 5,277 772,764
At 31 December 2023 530,919 12,217 324,148 5,351 872,635

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 310,106 318,986
Amounts owed by group undertakings 628,785 182,907
Other debtors 166,810 119,145
1,105,701 621,038

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 167,395 132,785
Taxation and social security 188,786 39,405
Other creditors 42,555 35,076
398,736 207,266

7. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 173,004 194,369

Deferred tax
£
Balance at 1 January 2024 194,369
Credit to Income Statement during year (21,365 )
Balance at 31 December 2024 173,004

R2 Construction Limited (Registered number: 04996004)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£

At 1 January 2024 1,195,156
Profit for the year 459,517
Dividends (254,000 )
At 31 December 2024 1,400,673

10. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Rogers Construction Group Limited, a company incorporated in England and Wales.The dividends were paid to this company.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Rogers Construction Group Limited.