ACCOUNTS - Final Accounts preparation

Registered number: 09536926

R3 LABS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025


R3 LABS LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF R3 LABS LIMITED
FOR THE YEAR ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R3 Labs Limited for the year ended 31 March 2025 which comprise the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of R3 Labs Limited in accordance with the terms of our engagement letter dated 10 April 2015. Our work has been undertaken solely to prepare for your approval the financial statements of R3 Labs Limited and state those matters that we have agreed to state to the director of R3 Labs Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R3 Labs Limited and its director for our work or for this report.

It is your duty to ensure that R3 Labs Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of R3 Labs Limited. You consider that R3 Labs Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of R3 Labs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Warrener Stewart

Chartered Accountants

Harwood House

43 Harwood Road

London

SW6 4QP

8 December 2025

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R3 LABS LIMITED REGISTERED NUMBER:09536926

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

	2025	2024
Note	£	£



Creditors: amounts falling due within one year	(1,775,137)	(1,775,137)

Net liabilities	(1,775,137)	(1,775,137)

Capital and reserves
Called up share capital	4	76	76
Profit and loss account		(1,775,213)	(1,775,213)
		(1,775,137)	(1,775,137)

For the year ended 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

D Sutherland

Director

Date: 8 December 2025

The notes on pages 3 to 4 form part of these financial statements.

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R3 LABS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

R3 Labs Limited is a limited liability company incorporated in England. The Registered Office is Harwood House, 43 Harwood Road, London, SW6 4QP. The company is not currently trading.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The company is wholly owned by Aldgate Ventures Limited, which has provided substantial working capital facilities.
The perent undertaking has indicated it will continue to support R3 Labs for the foreseeable future and therefore the director considers the going concern basis to be appropriate to the preparation of the Company's financial statements.

2.3

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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R3 LABS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

7,600 (2024 - 7,600) Ordinary shares of £0.01 each	76	76

5.	Controlling party

The company is a wholly owned subsidiary of Aldgate Ventures Limited, a company controlled by D Sutherland.

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