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REGISTERED NUMBER: 11853881 (England and Wales)















RUSSELL HOUSE PROPERTIES LIMITED

Unaudited Financial Statements for the Period 1 April 2022 to 30 June 2023






RUSSELL HOUSE PROPERTIES LIMITED (REGISTERED NUMBER: 11853881)






Contents of the Financial Statements
for the period 1 April 2022 to 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RUSSELL HOUSE PROPERTIES LIMITED

Company Information
for the period 1 April 2022 to 30 June 2023







DIRECTOR: N P J Ferguson





REGISTERED OFFICE: Nightingale House
46-48 East Street
Epsom
Surrey
KT17 1HQ





REGISTERED NUMBER: 11853881 (England and Wales)





ACCOUNTANTS: Tudor John Limited
Nightingale House
46-48 East Street
Epsom
Surrey
KT17 1HQ

RUSSELL HOUSE PROPERTIES LIMITED (REGISTERED NUMBER: 11853881)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,752,637 1,752,637

CURRENT ASSETS
Debtors 5 2,245,748 2,611,748
Cash at bank 622,735 216,282
2,868,483 2,828,030
CREDITORS
Amounts falling due within one year 6 4,527,291 4,519,267
NET CURRENT LIABILITIES (1,658,808 ) (1,691,237 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,829

61,400

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 93,729 61,300
93,829 61,400

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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.

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 5 March 2024 and were signed by:





N P J Ferguson - Director


RUSSELL HOUSE PROPERTIES LIMITED (REGISTERED NUMBER: 11853881)

Notes to the Financial Statements
for the period 1 April 2022 to 30 June 2023

1. STATUTORY INFORMATION

Russell House Properties Limited is a private company, limited by shares , registered in England and Wales. 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.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 30 June 2023 1,752,637
NET BOOK VALUE
At 30 June 2023 1,752,637
At 31 March 2022 1,752,637

RUSSELL HOUSE PROPERTIES LIMITED (REGISTERED NUMBER: 11853881)

Notes to the Financial Statements - continued
for the period 1 April 2022 to 30 June 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,245,748 2,611,748

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 660,000 660,000
Taxation and social security 15,134 7,200
Other creditors 3,852,157 3,852,067
4,527,291 4,519,267