Russell + Russell Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC738882 (Scotland)

RUSSELL + RUSSELL HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M Clark

R McMaster

I McMonagle

A M McNally

REGISTERED OFFICE:

4 Royal Crescent

Glasgow

G3 7SL

REGISTERED NUMBER:

SC738882 (Scotland)

FIXED ASSETS

Investments

4

760,710

CURRENT ASSETS

Debtors

5

20,000

-

Cash at bank

11,411

24,862

31,411

24,862

CREDITORS

Amounts falling due within one year

6

409,368

316,680

NET CURRENT LIABILITIES

(377,957

)

(291,818

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

382,753

468,892

CREDITORS

Amounts falling due after more than one year

7

175,517

265,974

NET ASSETS

207,236

202,918

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

207,136

202,818

SHAREHOLDERS' FUNDS

207,236

202,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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 4th September 2025 and were signed on its behalf by:

S M Clark - Director

R McMaster - Director

1.	STATUTORY INFORMATION

Russell + Russell Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 + Russell Holdings Limited 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

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 4 (2024 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st February 2024

and 31st January 2025

760,710

NET BOOK VALUE

At 31st January 2025

760,710

At 31st January 2024

760,710

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Other debtors

20,000

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Amounts owed to group undertakings

317,963

228,509

Other creditors

91,405

88,171

409,368

316,680

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.25

31.1.24

£

Other creditors

175,517

265,974

8.

LOANS

An analysis of the maturity of loans is given below:

31.1.25

31.1.24

£

Amounts falling due within one year or on demand:

Other loans

90,457

86,916

Amounts falling due between one and two years:

Other loans - 1-2 years

94,142

90,457

Amounts falling due between two and five years:

Other loans - 2-5 years

81,375

175,517

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

44

A Ordinary

£1

44

11

B Ordinary

£1

11

14

C Ordinary

£1

14

11

D Ordinary

£1

11

5

E Ordinary

£1

5

F Ordinary

£1

5

G Ordinary

£1

5

H Ordinary

£1

5

100

10.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors throughout the current and previous period.