Registration number: 09428074

Russell Ecology Ltd

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 5

Russell Ecology Ltd

(Registration number: 09428074)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	213	508
Current assets
Debtors	6	7,283	5,637
Cash at bank and in hand		139,990	126,100
		147,273	131,737
Creditors: Amounts falling due within one year	7	(34,687)	(27,276)
Net current assets		112,586	104,461
Total assets less current liabilities		112,799	104,969
Provisions for liabilities		(53)	(97)
Net assets		112,746	104,872
Capital and reserves
Called up share capital		100	100
Retained earnings		112,646	104,772
Shareholders' funds		112,746	104,872

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 July 2025
 

......................................... Mr L Russell Director

Russell Ecology Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7a King Street
Frome
Somerset
BA11 1BH

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements, and is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Russell Ecology Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment	25% on reducing balance
Computer and office equipment	25% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition, and is initially recognised as an asset at cost, and subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised over its useful life, which has been estimated at five years.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20% on cost

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business, and are recognised initially at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, and are recognised initially at the transaction price.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Russell Ecology Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 March 2024	10,000	10,000
At 28 February 2025	10,000	10,000
Amortisation
At 1 March 2024	10,000	10,000
At 28 February 2025	10,000	10,000
Net book value
At 28 February 2025	-	-

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 March 2024	4,670	4,670
At 28 February 2025	4,670	4,670
Depreciation
At 1 March 2024	4,162	4,162
Charge for the year	295	295
At 28 February 2025	4,457	4,457
Net book value
At 28 February 2025	213	213
At 29 February 2024	508	508

Russell Ecology Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

6

Debtors

	2025 £	2024 £
Trade debtors	7,283	5,637
	7,283	5,637

7

Creditors

Amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	26	627
Taxation and social security	28,939	10,906
Accruals and deferred income	1,832	2,165
Other creditors	3,890	13,578
	34,687	27,276