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REGISTERED NUMBER: SC323657 (Scotland)















Financial Statements for the Year Ended 31st May 2025

for

Russell Engineering Services Limited

Russell Engineering Services Limited (Registered number: SC323657)






Contents of the Financial Statements
for the Year Ended 31st May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4

Russell Engineering Services Limited

Company Information
for the Year Ended 31st May 2025







DIRECTOR: B Russell





REGISTERED OFFICE: Jonsfield Bungalow
Rigg
Gretna
DUMFRIESSHIRE
DG16 5JE





REGISTERED NUMBER: SC323657 (Scotland)

Russell Engineering Services Limited (Registered number: SC323657)

Balance Sheet
31st May 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,525 4,525

CURRENT ASSETS
Cash at bank 3,106 3,106

CREDITORS
Amounts falling due within one year 5 (1,290 ) (1,290 )
NET CURRENT ASSETS 1,816 1,816
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,341

6,341

PROVISIONS FOR LIABILITIES (860 ) (860 )
NET ASSETS 5,481 5,481

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,381 5,381
SHAREHOLDERS' FUNDS 5,481 5,481

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31st May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 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.

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 6th August 2025 and were signed by:





B Russell - Director


Russell Engineering Services Limited (Registered number: SC323657)

Notes to the Financial Statements
for the Year Ended 31st May 2025

1. STATUTORY INFORMATION

Russell Engineering Services Limited is a private company, limited by shares , registered in Scotland. 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.

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 - 25% on reducing balance and 15% on reducing balance

Amounts written off each asset over the estimated useful life represent cost less residual value.
The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period.

Financial instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors
Trade debtors are amounts due from customers for the sale of goods and services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price and represent the full value of the goods and services charged to customers, including any amounts charged on for third parties.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are presented as non current liabilities.

Borrowings
Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transactions costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Provisions and contingencies
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

Russell Engineering Services Limited (Registered number: SC323657)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2024
and 31st May 2025 18,407
DEPRECIATION
At 1st June 2024
and 31st May 2025 13,882
NET BOOK VALUE
At 31st May 2025 4,525
At 31st May 2024 4,525

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 1,290 1,290

6. RELATED PARTY DISCLOSURES

The company operates a director's current account. The amount owed by the company at the 31st May 2025 was £414 (2024 - £414). This sum is interest free and repayable on demand.