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REGISTERED NUMBER: 02162290 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2023 to 30 September 2024

for

Russell Geomatics Limited

Russell Geomatics Limited (Registered number: 02162290)






Contents of the Financial Statements
for the Period 1 April 2023 to 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Russell Geomatics Limited

Company Information
for the Period 1 April 2023 to 30 September 2024







Director: A Russell





Registered office: 114-120 Northgate Street
Chester
CH1 2HT





Registered number: 02162290 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
114-120 Northgate Street
Chester
CH1 2HT

Russell Geomatics Limited (Registered number: 02162290)

Statement of Financial Position
30 September 2024

30/9/24 31/3/23
Notes £    £    £   
Fixed assets
Tangible assets 4 2,829 37,785

Current assets
Debtors 5 102,841 33,992
Cash at bank 31,627 113,427
134,468 147,419
Creditors
Amounts falling due within one year 6 29,955 38,948
Net current assets 104,513 108,471
Total assets less current liabilities 107,342 146,256

Creditors
Amounts falling due after more than
one year

7

-

(21,000

)

Provisions for liabilities 8 - (8,472 )
Net assets 107,342 116,784

Capital and reserves
Called up share capital 100 100
Retained earnings 107,242 116,684
Shareholders' funds 107,342 116,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 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 Geomatics Limited (Registered number: 02162290)

Statement of Financial Position - continued
30 September 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 April 2025 and were signed by:





A Russell - Director


Russell Geomatics Limited (Registered number: 02162290)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 September 2024

1. Statutory information

Russell Geomatics 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.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Survey equipment - 20% on cost
Office equipment - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Russell Geomatics Limited (Registered number: 02162290)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024

2. Accounting policies - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 2 (2023 - 2 ) .

4. Tangible fixed assets
Survey Office Motor Computer
equipment equipment vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 April 2023 163,220 4,305 23,586 54,437 245,548
Additions 38,038 2,757 - 2,059 42,854
Disposals (185,504 ) (3,838 ) (3,025 ) (55,780 ) (248,147 )
At 30 September 2024 15,754 3,224 20,561 716 40,255
Depreciation
At 1 April 2023 135,375 4,026 21,166 47,196 207,763
Charge for period 558 967 - 7 1,532
Eliminated on disposal (120,939 ) (3,838 ) (605 ) (46,487 ) (171,869 )
At 30 September 2024 14,994 1,155 20,561 716 37,426
Net book value
At 30 September 2024 760 2,069 - - 2,829
At 31 March 2023 27,845 279 2,420 7,241 37,785

5. Debtors: amounts falling due within one year
30/9/24 31/3/23
£    £   
Trade debtors - 30,363
Other debtors 102,841 3,629
102,841 33,992

Russell Geomatics Limited (Registered number: 02162290)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024

6. Creditors: amounts falling due within one year
30/9/24 31/3/23
£    £   
Bank loans and overdrafts - 9,000
Taxation and social security 21,816 24,868
Other creditors 8,139 5,080
29,955 38,948

7. Creditors: amounts falling due after more than one year
30/9/24 31/3/23
£    £   
Bank loans - 21,000

8. Provisions for liabilities
30/9/24 31/3/23
£    £   
Deferred tax - 8,472

Deferred
tax
£   
Balance at 1 April 2023 8,472
Credit to Statement of Income and Retained Earnings during
period

(8,472

)
Balance at 30 September 2024 -