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Company Registration No. 13335397 (England and Wales)
R3K Investments Ltd Unaudited accounts for the year ended 31 March 2025
R3K Investments Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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R3K Investments Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
529,720
529,720
Current assets
Cash at bank and in hand
7,140
3,435
Creditors: amounts falling due within one year
5
(277,200)
(279,734)
Net current liabilities
(270,060)
(276,299)
Total assets less current liabilities
259,660
253,421
Creditors: amounts falling due after more than one year
6
(306,461)
(306,463)
Net liabilities
(46,801)
(53,042)
Capital and reserves
Share premium
100
100
Profit and loss account
(46,901)
(53,142)
Shareholders' funds
(46,801)
(53,042)
For the year ending 31 March 2025 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 25 April 2025 and were signed on its behalf by
Kushal Raj Tuladhar Director Company Registration No. 13335397
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R3K Investments Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
R3K Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13335397. The registered office is 49 Station Road, Polegate, Polegate, BN26 6EA.
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.
Turnover
Turnover represents the total invoice value of rent receivable during the year, excluding VAT.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Going concern
The balance sheet at the end of the year recorded net liabilities. However, the directors believes that sufficient financial resources are available to the company to enable it to continue trading into the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.
4
Investment property
2025
£
Fair value at 1 April 2024
529,720
At 31 March 2025
529,720
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
2,000
2,000
Loans from directors
275,200
277,734
277,200
279,734
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
306,461
306,463
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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