| Registered Number:01865337 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
RUSSAM GMS LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
RUSSAM GMS LIMITED
Statement of Financial Position
2024
2025
| Property, plant and equipment |
4,577
6,981
48,000
48,000
52,577
54,981
| Trade and other receivables |
412,463
380,117
2
19,395
| Cash and cash equivalents |
23,029
403,146
431,858
| Trade and other payables: amounts falling due within one |
| year |
(314,673)
(319,021)
3
117,185
84,125
Net current assets
| Total assets less current liabilities |
136,702
172,166
| Trade and other payables: amounts falling due after more |
| than one year |
(22,887)
(13,093)
4
123,609
Net assets
149,279
47,000
47,000
45,500
45,500
31,109
56,779
123,609
149,279
Shareholders' funds
| For the year ended 31 March 2025 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 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their 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 04 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
RUSSAM GMS LIMITED
Notes to the Financial Statements
Statutory Information
| RUSSAM GMS LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 01865337. |
SUITE 1B AW HOUSE
6-8 STUART STREET
LUTON
BEDFORDSHIRE
LU1 2SJ
| 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
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, 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: |
Office equipment
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
| 2. Trade and other receivables |
2024
2025
137,812
196,176
| Amounts owed by group undertakings and participating interests |
156,703
156,703
85,602
59,584
412,463
380,117
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For the year ended 31 March 2025
RUSSAM GMS LIMITED
Notes to the Financial Statements Continued
| 3. Trade and other payables: amounts falling due within one year |
2024
2025
125,026
92,032
| Taxation and social security |
124,262
117,040
69,733
105,601
319,021
314,673
| 4. Trade and other payables: amounts falling due after more than one year |
2024
2025
13,093
22,887
| 5. Average number of persons employed |
During the year the average number of employees was 10 (2024 : 10)
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