Acorah Software Products - Accounts Production 16.3.350 false true false 29 September 2023 30 September 2024 30 September 2024 15175096 Mr Avi Aussenberg Mr Aron Aussenberg Mr Avi Aussenberg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15175096 2023-09-28 15175096 2024-09-30 15175096 2023-09-29 2024-09-30 15175096 frs-core:ShareCapital 2024-09-30 15175096 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 15175096 frs-bus:PrivateLimitedCompanyLtd 2023-09-29 2024-09-30 15175096 frs-bus:FilletedAccounts 2023-09-29 2024-09-30 15175096 frs-bus:SmallEntities 2023-09-29 2024-09-30 15175096 frs-bus:AuditExempt-NoAccountantsReport 2023-09-29 2024-09-30 15175096 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-29 2024-09-30 15175096 frs-bus:Director1 2023-09-29 2024-09-30 15175096 frs-bus:Director2 2023-09-29 2024-09-30 15175096 frs-bus:CompanySecretary1 2023-09-29 2024-09-30 15175096 frs-countries:EnglandWales 2023-09-29 2024-09-30
Registered number: 15175096
Russel Real Estate Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15175096
2024
Notes £ £
FIXED ASSETS
Investment Properties 4 175,097
175,097
CURRENT ASSETS
Debtors 5 1,000
Cash at bank and in hand 75,137
76,137
Creditors: Amounts Falling Due Within One Year 6 (250,954 )
NET CURRENT ASSETS (LIABILITIES) (174,817 )
TOTAL ASSETS LESS CURRENT LIABILITIES 280
NET ASSETS 280
CAPITAL AND RESERVES
Called up share capital 7 1,000
Profit and Loss Account (720 )
SHAREHOLDERS' FUNDS 280
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Avi Aussenberg
Director
26/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Russel Real Estate Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15175096 . The registered office is 37 Russell Gardens, London, NW11 9NJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Investment Property
2024
£
Fair Value
As at 29 September 2023 -
Additions 175,097
As at 30 September 2024 175,097
5. Debtors
2024
£
Due within one year
Other debtors 1,000
6. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 250,954
Page 2
Page 3
7. Share Capital
2024
£
Allotted, Called up and fully paid 1,000
Page 3