Russell and Russell Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 04868406

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,410,000		2,410,000

			2,410,000		2,410,000
CURRENT ASSETS
Debtors	5	332,617		330,238
Cash at bank		7,508		10,594

		340,125		340,832
Creditors: Amounts Falling Due Within One Year	6	(248,576 )		(257,194 )

NET CURRENT ASSETS (LIABILITIES)			91,549		83,638

TOTAL ASSETS LESS CURRENT LIABILITIES			2,501,549		2,493,638

Creditors: Amounts Falling Due After More Than One Year	7		(1,177,852 )		(1,177,852 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(190,202 )		(190,202 )

NET ASSETS			1,133,495		1,125,584

CAPITAL AND RESERVES
Called up share capital	8		2		2
Revaluation reserve	9		862,109		862,109
Profit and Loss Account			271,384		263,473

SHAREHOLDERS' FUNDS			1,133,495		1,125,584

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Russell and Russell Properties Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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 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 Stephen David Russell

Director

11/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Russell and Russell Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04868406 . The registered office is 82 Station Road, Soham, Ely, Cambridgeshire, CB7 5DZ.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Investment Properties

Not depreciated

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 5)

4. Tangible Assets

	Land & Property
	Investment Properties
	£
Cost
As at 1 September 2024	2,410,000

As at 31 August 2025	2,410,000

Net Book Value
As at 31 August 2025	2,410,000

As at 1 September 2024	2,410,000

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Russell and Russell Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,400	-
Prepayments and accrued income	604	625
Other debtors	329,613	329,613

	332,617	330,238

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,290	8,130
Taxation and social security	345	533
Directors' loan accounts	240,941	248,531

	248,576	257,194

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,177,852	1,177,852

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

9. Reserves

	Fair Value Reserve
	£
As at 1 September 2024	862,109

As at 31 August 2025	862,109

10. Related Party Transactions

Included within creditors are directors loans as follows:

Mr. S.D. Russell - £120,741 (2024 - £124,266)

Miss. S.A. Russell - £120,470 (2024 - £124,265)

Dividends of £1,000 (2024 - £2,000) were paid in the year in respect of shares held by the company's directors.

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