Company Registration No. 08514795 (England and Wales)
R2O LONDON LTD
Unaudited accounts
for the year ended 31 March 2023
R2O LONDON LTD
Unaudited accounts
Contents
R2O LONDON LTD
Company Information
for the year ended 31 March 2023
Company Number
08514795 (England and Wales)
Registered Office
6 Broomhill Road,
ILFORD
ESSEX
IG3 9SJ
ENGLAND
Accountants
I&I Accountants Limited
2573 34-35 Hatton Garden
London
London
EC1N 8DX
R2O LONDON LTD
Statement of financial position
as at 31 March 2023
Intangible assets
47,000
47,000
Tangible assets
22,275
7,922
Cash at bank and in hand
1,200
409
Creditors: amounts falling due within one year
(98,845)
(82,585)
Net current liabilities
(97,645)
(82,176)
Net liabilities
(28,370)
(27,254)
Called up share capital
100
100
Profit and loss account
(28,470)
(27,354)
Shareholders' funds
(28,370)
(27,254)
For the year ending 31 March 2023 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 21 November 2023 and were signed on its behalf by
Haris Zia
Director
Company Registration No. 08514795
R2O LONDON LTD
Notes to the Accounts
for the year ended 31 March 2023
R2O LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 08514795. The registered office is 6 Broomhill Road,, ILFORD, ESSEX, IG3 9SJ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Depreciated Over their useful life of 5 years
Motor vehicles
Depreciated Over their useful life of 5 years
Computer equipment
Depreciated Over their useful life of 3 Years
The director decided not to amortise the IFA.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2022
45,000
2,000
47,000
At 31 March 2023
45,000
2,000
47,000
At 31 March 2023
45,000
2,000
47,000
At 31 March 2022
45,000
2,000
47,000
R2O LONDON LTD
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
56,117
4,200
-
60,317
Additions
5,120
-
1,220
6,340
At 31 March 2023
61,237
4,200
1,220
66,657
At 1 April 2022
48,586
3,809
-
52,395
Charge for the year
(8,811)
391
407
(8,013)
At 31 March 2023
39,775
4,200
407
44,382
At 31 March 2023
21,462
-
813
22,275
At 31 March 2022
7,531
391
-
7,922
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
320
-
Loans from directors
98,525
82,585
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
