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REGISTERED NUMBER: 04748829















Financial Statements for the Year Ended 30 April 2023

for

Russell Stuart Limited

Russell Stuart Limited (Registered number: 04748829)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Russell Stuart Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: R McCulloch





SECRETARY: Mrs S McCulloch





REGISTERED OFFICE: Abbotsbury
21 Priory Road
Dunstable
Bedfordshire
LU5 4HR





REGISTERED NUMBER: 04748829





ACCOUNTANTS: Stuart Harris Associates
Chartered Certified Accountants
and Statutory Auditors
Woodside House
22 Guildown Avenue
Woodside Park
London
N12 7DQ

Russell Stuart Limited (Registered number: 04748829)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,566 8,757

CURRENT ASSETS
Stocks 5 6,850 -
Debtors 6 4,353 2,697
Cash at bank and in hand 14,044 16,352
25,247 19,049
CREDITORS
Amounts falling due within one year 7 18,552 17,945
NET CURRENT ASSETS 6,695 1,104
TOTAL ASSETS LESS CURRENT LIABILITIES 13,261 9,861

CREDITORS
Amounts falling due after more than one
year

8

7,500

7,500
NET ASSETS 5,761 2,361

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,661 2,261
SHAREHOLDERS' FUNDS 5,761 2,361

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

Russell Stuart Limited (Registered number: 04748829)

Balance Sheet - continued
30 April 2023


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 17 October 2023 and were signed by:





R McCulloch - Director


Russell Stuart Limited (Registered number: 04748829)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Russell Stuart Limited is a private company, limited by shares , registered in Not specified/Other. 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 1 (2022 - 1 ) .

Russell Stuart Limited (Registered number: 04748829)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2022
and 30 April 2023 28,277 2,659 2,283 33,219
DEPRECIATION
At 1 May 2022 20,500 2,206 1,756 24,462
Charge for year 1,945 114 132 2,191
At 30 April 2023 22,445 2,320 1,888 26,653
NET BOOK VALUE
At 30 April 2023 5,832 339 395 6,566
At 30 April 2022 7,777 453 527 8,757

5. STOCKS
30.4.23 30.4.22
£    £   
Stocks 6,850 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 4,353 2,697

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors (2 ) 2
Taxation and social security 17,541 16,950
Other creditors 1,013 993
18,552 17,945

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£    £   
Other creditors 7,500 7,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Directors Long Term Loan 7,500 7,500

Russell Stuart Limited (Registered number: 04748829)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

9. ULTIMATE CONTROLLING PARTY

The controlling party is R McCulloch.