| Russell Holdings (2021) Ltd |
| Registered Number:13626231 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
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
Russell Holdings (2021) Ltd
Statement of Financial Position
2023
2024
| Property, plant and equipment |
32,978
34,886
2
3
424,938
271,224
457,916
306,110
| 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
831,817
831,817
(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. |
| 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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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. |
19 Millers Way
Otley
Ipswich
Suffolk
IP6 9HF
| The presentation currency is £ sterling. |
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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For the year ended 30 September 2024
Russell Holdings (2021) Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
40,957
35,935
5,022
2,207
-
2,207
7,229
35,935
43,164
| Provision for depreciation and impairment |
6,071
4,567
1,504
Charge for year
4,115
3,137
978
10,186
7,704
2,482
4,747
28,231
32,978
3,518
31,368
34,886
271,224
153,714
424,938
424,938
271,224
Investment property
| 4. Trade and other receivables |
2023
2024
49,246
45,970
| The debtors above include the following amounts falling due after more than one year: |
11,200
11,200
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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
-
2,789
| Taxation and social security |
-
3,562
1,744
1,300
1,744
7,651
| 6. Directors advances and guarantees |
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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