Silverfin false false 30/11/2024 01/12/2023 30/11/2024 E Richardson 30/11/2018 28 August 2025 The principal activity of KR2 Investments Limited, the "Company", is that of an investment company. 11704892 2024-11-30 11704892 bus:Director1 2024-11-30 11704892 2023-11-30 11704892 core:CurrentFinancialInstruments 2024-11-30 11704892 core:CurrentFinancialInstruments 2023-11-30 11704892 core:ShareCapital 2024-11-30 11704892 core:ShareCapital 2023-11-30 11704892 core:RetainedEarningsAccumulatedLosses 2024-11-30 11704892 core:RetainedEarningsAccumulatedLosses 2023-11-30 11704892 core:CostValuation 2023-11-30 11704892 core:CostValuation 2024-11-30 11704892 2022-11-30 11704892 2023-12-01 2024-11-30 11704892 bus:FilletedAccounts 2023-12-01 2024-11-30 11704892 bus:SmallEntities 2023-12-01 2024-11-30 11704892 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 11704892 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11704892 bus:Director1 2023-12-01 2024-11-30 11704892 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Company No: 11704892 (England and Wales)

KR2 INVESTMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

KR2 INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

KR2 INVESTMENTS LIMITED

COMPANY INFORMATION

For the financial year ended 30 November 2024
KR2 INVESTMENTS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 November 2024
DIRECTOR E Richardson
REGISTERED OFFICE Stonecross
Trumpington High Street
Cambridge
CB2 9SU
United Kingdom
COMPANY NUMBER 11704892 (England and Wales)
ACCOUNTANT S&W Partners (East) LLP
Stonecross
Trumpington High Street
Cambridge
CB2 9SU
KR2 INVESTMENTS LIMITED

BALANCE SHEET

As at 30 November 2024
KR2 INVESTMENTS LIMITED

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 2,297,565 2,297,565
2,297,565 2,297,565
Current assets
Debtors 4 1,311,539 1,287,070
Cash at bank and in hand 0 7,365
1,311,539 1,294,435
Creditors: amounts falling due within one year 5 ( 10,025) ( 6,594)
Net current assets 1,301,514 1,287,841
Total assets less current liabilities 3,599,079 3,585,406
Net assets 3,599,079 3,585,406
Capital and reserves
Called-up share capital 100 100
Profit and loss account 3,598,979 3,585,306
Total shareholder's funds 3,599,079 3,585,406

For the financial year ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of KR2 Investments Limited (registered number: 11704892) were approved and authorised for issue by the Director on 28 August 2025. They were signed on its behalf by:

E Richardson
Director
KR2 INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
KR2 INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

KR2 Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Stonecross, Trumpington High Street, Cambridge, CB2 9SU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of KR2 Investments Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Fixed asset investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 December 2023 2,297,565 2,297,565
At 30 November 2024 2,297,565 2,297,565
Carrying value at 30 November 2024 2,297,565 2,297,565
Carrying value at 30 November 2023 2,297,565 2,297,565

4. Debtors

2024 2023
£ £
Deferred tax asset 3,671 8,229
Other debtors 1,307,868 1,278,841
1,311,539 1,287,070

5. Creditors: amounts falling due within one year

2024 2023
£ £
Accruals 2,700 3,960
Taxation and social security 7,325 2,634
10,025 6,594

6. Deferred tax

2024 2023
£ £
At the beginning of financial year 8,229 0
(Charged)/credited to the Statement of Income and Retained Earnings ( 4,558) 8,229
At the end of financial year 3,671 8,229

7. Related party transactions

Transactions with the entity's director

2024 2023
£ £
Amounts owed by director 975,598 953,896

This loan incurs interest of 2.25% per annum.