IRIS Accounts Production v25.1.0.734 11121647 Board of Directors 1.12.23 30.11.24 30.11.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111216472023-11-30111216472024-11-30111216472023-12-012024-11-30111216472022-11-30111216472022-12-012023-11-30111216472023-11-3011121647ns15:EnglandWales2023-12-012024-11-3011121647ns14:PoundSterling2023-12-012024-11-3011121647ns10:Director12023-12-012024-11-3011121647ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3011121647ns10:SmallEntities2023-12-012024-11-3011121647ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3011121647ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3011121647ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3011121647ns10:FullAccounts2023-12-012024-11-3011121647ns10:Director22023-12-012024-11-3011121647ns10:RegisteredOffice2023-12-012024-11-3011121647ns5:CurrentFinancialInstruments2024-11-3011121647ns5:CurrentFinancialInstruments2023-11-3011121647ns5:Non-currentFinancialInstruments2024-11-3011121647ns5:Non-currentFinancialInstruments2023-11-3011121647ns5:ShareCapital2024-11-3011121647ns5:ShareCapital2023-11-3011121647ns5:RetainedEarningsAccumulatedLosses2024-11-3011121647ns5:RetainedEarningsAccumulatedLosses2023-11-3011121647ns5:PlantMachinery2023-12-012024-11-3011121647ns5:PlantMachinery2023-11-3011121647ns5:PlantMachinery2024-11-3011121647ns5:PlantMachinery2023-11-3011121647ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3011121647ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3011121647ns5:Secured2024-11-3011121647ns5:Secured2023-11-3011121647ns10:Director222023-11-3011121647ns10:Director222022-11-3011121647ns10:Director222023-12-012024-11-3011121647ns10:Director222022-12-012023-11-3011121647ns10:Director222024-11-3011121647ns10:Director222023-11-30
REGISTERED NUMBER: 11121647 (England and Wales)















RUSSELL COURT U.K. LTD

Unaudited Financial Statements for the Year Ended 30 November 2024






RUSSELL COURT U.K. LTD (REGISTERED NUMBER: 11121647)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RUSSELL COURT U.K. LTD

Company Information
for the Year Ended 30 November 2024







DIRECTORS: M Hanif
Mrs N Qayum





REGISTERED OFFICE: 133 Himley Road
Dudley
West Midlands
DY1 2QF





REGISTERED NUMBER: 11121647 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

RUSSELL COURT U.K. LTD (REGISTERED NUMBER: 11121647)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 49,772 62,215
Investment property 5 1,478,934 1,478,934
1,528,706 1,541,149

CURRENT ASSETS
Debtors 6 840,537 199,822
Cash at bank 5,596 -
846,133 199,822
CREDITORS
Amounts falling due within one year 7 1,208,792 1,172,103
NET CURRENT LIABILITIES (362,659 ) (972,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,166,047

568,868

CREDITORS
Amounts falling due after more than one
year

8

486,172

516,110
NET ASSETS 679,875 52,758

RUSSELL COURT U.K. LTD (REGISTERED NUMBER: 11121647)

Balance Sheet - continued
30 November 2024

2024 2023
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 679,775 52,658
SHAREHOLDERS' FUNDS 679,875 52,758

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by:





Mrs N Qayum - Director


RUSSELL COURT U.K. LTD (REGISTERED NUMBER: 11121647)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Russell Court U.k. Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about Russell Court U.k. Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 etc - straight line over 5 years

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 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.


RUSSELL COURT U.K. LTD (REGISTERED NUMBER: 11121647)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 120,084
DEPRECIATION
At 1 December 2023 57,869
Charge for year 12,443
At 30 November 2024 70,312
NET BOOK VALUE
At 30 November 2024 49,772
At 30 November 2023 62,215

RUSSELL COURT U.K. LTD (REGISTERED NUMBER: 11121647)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 1,478,934
NET BOOK VALUE
At 30 November 2024 1,478,934
At 30 November 2023 1,478,934

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associates 812,790 144,974
Other debtors 27,747 54,848
840,537 199,822

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,592 10,569
Amounts owed to group undertakings 956,011 911,749
Amounts owed to associates 216,809 230,859
Taxation and social security 12,693 12,245
Other creditors 2,687 6,681
1,208,792 1,172,103

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 486,172 516,110

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 386,824 421,499

RUSSELL COURT U.K. LTD (REGISTERED NUMBER: 11121647)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 506,764 526,679

The bank loan is secured on the property to which the borrowing relates.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
M Hanif
Balance outstanding at start of year 49,167 (5,680 )
Amounts advanced 69,660 107,032
Amounts repaid (91,081 ) (52,185 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 27,746 49,167