2023-10-01 13626231 2024-09-30 13626231 2023-10-01 2024-09-30 13626231 2023-09-30 13626231 2022-10-01 2023-09-30 13626231 uk-core:WithinOneYear 2023-09-30 13626231 uk-core:WithinOneYear 2024-09-30 13626231 uk-core:ShareCapital 2024-09-30 13626231 uk-core:ShareCapital 2023-09-30 13626231 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 13626231 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 13626231 uk-bus:Director1 2023-10-01 2024-09-30 13626231 uk-core:MotorVehicles 2023-09-30 13626231 uk-core:OfficeEquipment 2023-09-30 13626231 uk-core:MotorVehicles 2023-10-01 2024-09-30 13626231 uk-core:OfficeEquipment 2024-09-30 13626231 uk-core:MotorVehicles 2024-09-30 13626231 uk-core:OfficeEquipment 2023-10-01 2024-09-30 13626231 uk-core:AfterOneYear 2024-09-30 13626231 uk-core:AfterOneYear 2023-09-30 13626231 2 uk-bus:Director1 2023-10-01 2024-09-30 13626231 2 uk-bus:Director1 2024-09-30 13626231 2 uk-bus:Director1 2023-09-30 iso4217:GBP xbrli:pure 13626231 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 13626231 uk-bus:FRS102 2023-10-01 2024-09-30 13626231 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 13626231 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Russell Holdings (2021) Ltd
Registered Number:13626231
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
Russell Holdings (2021) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
13626231
As at 30 September 2024
Russell Holdings (2021) Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
32,978
34,886
2
3
424,938
271,224
Investment property
457,916
306,110
Current assets
Trade and other receivables
45,970
49,246
4
411,536
Cash and cash equivalents
246,488
295,734
457,506
Trade and other payables: amounts falling due within one
year
(7,651)
(1,744)
5
449,855
293,990
Net current assets
Total assets less current liabilities
751,906
755,965
751,906
Net assets
755,965
Capital and reserves
Called up share capital
831,817
831,817
Retained earnings
(79,911)
(75,852)
751,906
755,965
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
L Russell Director
These financial statements were approved and authorised for issue by the Board on 02 June 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 September 2024
Russell Holdings (2021) Ltd
Notes to the Financial Statements
Statutory Information
Russell Holdings (2021) Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 13626231.
Registered address:
19 Millers Way
Otley
Ipswich
Suffolk
IP6 9HF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Motor Vehicles - 10% Reducing balanceFixtures and Fittings - 20% Reducing balanceComputer Equipment - 33% Reducing balance
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.
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5
For the year ended 30 September 2024
Russell Holdings (2021) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor
Vehicles
Office
equipment
£
£
£
Cost or
valuation
At 01 October 2023
40,957
35,935
5,022
2,207
-
2,207
Additions
At 30 September 2024
7,229
35,935
43,164
Provision for depreciation and impairment
At 01 October 2023
6,071
4,567
1,504
Charge for year
4,115
3,137
978
At 30 September 2024
10,186
7,704
2,482
At 30 September 2024
Net book value
4,747
28,231
32,978
At 30 September 2023
3,518
31,368
34,886
3. Investment property
Total
£
Fair value
At 01 October 2023
271,224
Additions
153,714
At 30 September 2024
424,938
Net book value
At 30 September 2024
424,938
At 30 September 2023
271,224
Investment property
4. Trade and other receivables
2023
2024
£
£
Other debtors
49,246
45,970
The debtors above include the following amounts falling due after more than one year:
Other debtors
11,200
11,200
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6
For the year ended 30 September 2024
Russell Holdings (2021) Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
2,789
Taxation and social security
-
3,562
Other creditors
1,744
1,300
1,744
7,651
6. Directors advances and guarantees
At 01/10/2023
At 30/09/2024
£
£
L Russell
At the year end the director owed the company
33,184
33,184
33,184
33,184
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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