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Company Registration No. 10610658 (England and Wales)
Russell Property Limited Unaudited accounts for the period from 1 March 2023 to 31 March 2024
Russell Property Limited Unaudited accounts Contents
Page
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Russell Property Limited Company Information for the period from 1 March 2023 to 31 March 2024
Director
Dylan Russell
Company Number
10610658 (England and Wales)
Registered Office
32 BOTTESFORD CLOSE EMERSON VALLEY MILTON KEYNES MK4 2AF UNITED KINGDOM
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Russell Property Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
- 
53,205 
Debtors
207,635 
163,691 
Cash at bank and in hand
22,859 
35,244 
230,494 
252,140 
Creditors: amounts falling due within one year
(15,582)
(9,250)
Net current assets
214,912 
242,890 
Total assets less current liabilities
214,912 
242,890 
Creditors: amounts falling due after more than one year
(275,748)
(287,309)
Net liabilities
(60,836)
(44,419)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(60,846)
(44,429)
Shareholders' funds
(60,836)
(44,419)
For the period ending 31 March 2024 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 14 April 2024 and were signed on its behalf by
Dylan Russell Director Company Registration No. 10610658
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Russell Property Limited Notes to the Accounts for the period from 1 March 2023 to 31 March 2024
1
Statutory information
Russell Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10610658. The registered office is 32 BOTTESFORD CLOSE, EMERSON VALLEY, MILTON KEYNES, MK4 2AF, UNITED KINGDOM.
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
These financial statements for the period from 1 March 2023 to 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
100 
Other debtors
207,635 
163,591 
207,635 
163,691 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
15,582 
9,250 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,982 
28,283 
Other creditors
251,766 
259,026 
275,748 
287,309 
7
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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