IRIS Accounts Production v25.4.0.155 05981662 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary 1.00000 Ordinary 'A' 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05981662 2024-03-31 05981662 2025-03-31 05981662 2024-04-01 2025-03-31 05981662 2023-03-31 05981662 2023-04-01 2024-03-31 05981662 2024-03-31 05981662 ns15:EnglandWales 2024-04-01 2025-03-31 05981662 ns14:PoundSterling 2024-04-01 2025-03-31 05981662 ns10:Director1 2024-04-01 2025-03-31 05981662 ns10:Director2 2024-04-01 2025-03-31 05981662 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05981662 ns10:SmallEntities 2024-04-01 2025-03-31 05981662 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05981662 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 05981662 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05981662 ns10:FullAccounts 2024-04-01 2025-03-31 05981662 1 2024-04-01 2025-03-31 05981662 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 05981662 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 05981662 ns10:CompanySecretary1 2024-04-01 2025-03-31 05981662 ns10:RegisteredOffice 2024-04-01 2025-03-31 05981662 ns5:CurrentFinancialInstruments 2025-03-31 05981662 ns5:CurrentFinancialInstruments 2024-03-31 05981662 ns5:ShareCapital 2025-03-31 05981662 ns5:ShareCapital 2024-03-31 05981662 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 05981662 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 05981662 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 05981662 ns5:PlantMachinery 2024-04-01 2025-03-31 05981662 ns5:MotorVehicles 2024-04-01 2025-03-31 05981662 ns5:ComputerEquipment 2024-04-01 2025-03-31 05981662 ns5:NetGoodwill 2024-03-31 05981662 ns5:NetGoodwill 2025-03-31 05981662 ns5:NetGoodwill 2024-03-31 05981662 ns5:PlantMachinery 2024-03-31 05981662 ns5:MotorVehicles 2024-03-31 05981662 ns5:ComputerEquipment 2024-03-31 05981662 ns5:PlantMachinery 2025-03-31 05981662 ns5:MotorVehicles 2025-03-31 05981662 ns5:ComputerEquipment 2025-03-31 05981662 ns5:PlantMachinery 2024-03-31 05981662 ns5:MotorVehicles 2024-03-31 05981662 ns5:ComputerEquipment 2024-03-31 05981662 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 05981662 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 05981662 ns5:DeferredTaxation 2024-03-31 05981662 ns5:DeferredTaxation 2024-04-01 2025-03-31 05981662 ns5:DeferredTaxation 2025-03-31 05981662 ns10:OrdinaryShareClass1 2025-03-31 05981662 ns10:OrdinaryShareClass2 2025-03-31

REGISTERED NUMBER: 05981662 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| RUSSWOOD (EXETER) LIMITED |

| RUSSWOOD (EXETER) LIMITED (REGISTERED NUMBER: 05981662) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| RUSSWOOD (EXETER) LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | P M Russell

| Mrs N A Russell

| SECRETARY: | Mrs N A Russell

| REGISTERED OFFICE: | 18 High West Street

| Dorchester

| Dorset

| DT1 1UW

| REGISTERED NUMBER: | 05981662 (England and Wales)

| ACCOUNTANTS: | Pugsley Revill

| 18 High West Street

| Dorchester

| Dorset

| DT1 1UW

| RUSSWOOD (EXETER) LIMITED (REGISTERED NUMBER: 05981662) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 12,439 |  | 15,373 |  |

12,439 |  | 15,373 |  |

CURRENT ASSETS

Stocks | 175 |  | 200 |  |

Debtors | 6 | 21,270 |  | 13,765 |  |

Cash at bank | 1,967 |  | 12,686 |  |

23,412 |  | 26,651 |  |

CREDITORS

Amounts falling due within one year | 7 | 25,799 |  | 30,955 |  |

NET CURRENT LIABILITIES | (2,387 | ) | (4,304 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 10,052 |  | 11,069 |  |

PROVISIONS FOR LIABILITIES | 8 | 494 |  | 498 |  |

NET ASSETS | 9,558 |  | 10,571 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 200 |  | 200 |  |

Retained earnings | 9,358 |  | 10,371 |  |

SHAREHOLDERS' FUNDS | 9,558 |  | 10,571 |  |

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

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 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.

| RUSSWOOD (EXETER) LIMITED (REGISTERED NUMBER: 05981662) |

BALANCE SHEET - continued

31 MARCH 2025

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 Board of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by:

P M Russell - Director

Mrs N A Russell - Director

| RUSSWOOD (EXETER) LIMITED (REGISTERED NUMBER: 05981662) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Russwood (Exeter) Limited is a private company, limited by shares , registered in England and Wales. 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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 | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Office equipment | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 30,000 |  |

| AMORTISATION

| At 1 April 2024

| and 31 March 2025 | 30,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

| RUSSWOOD (EXETER) LIMITED (REGISTERED NUMBER: 05981662) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Office |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 39,928 |  | 8,167 |  | 2,201 |  | 50,296 |  |

| Additions | 649 |  | - |  | - |  | 649 |  |

| Disposals | - |  | (4,167 | ) | - |  | (4,167 | ) |

| At 31 March 2025 | 40,577 |  | 4,000 |  | 2,201 |  | 46,778 |  |

| DEPRECIATION

| At 1 April 2024 | 29,254 |  | 4,220 |  | 1,449 |  | 34,923 |  |

| Charge for year | 1,698 |  | 750 |  | 188 |  | 2,636 |  |

| Eliminated on disposal | - |  | (3,220 | ) | - |  | (3,220 | ) |

| At 31 March 2025 | 30,952 |  | 1,750 |  | 1,637 |  | 34,339 |  |

| NET BOOK VALUE

| At 31 March 2025 | 9,625 |  | 2,250 |  | 564 |  | 12,439 |  |

| At 31 March 2024 | 10,674 |  | 3,947 |  | 752 |  | 15,373 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 19,731 |  | 11,165 |  |

| Other debtors | 1,539 |  | 2,600 |  |

21,270 |  | 13,765 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 3,208 |  | 1,983 |  |

| Taxation and social security | 428 |  | 428 |  |

| Other creditors | 22,163 |  | 28,544 |  |

25,799 |  | 30,955 |  |

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 494 |  | 498 |  |

| RUSSWOOD (EXETER) LIMITED (REGISTERED NUMBER: 05981662) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

8. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 498 |  |

| Credit to Statement of Income and Retained Earnings during year | (4 | ) |

| Balance at 31 March 2025 | 494 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 100 | Ordinary 'A' | £1 | 100 |  | 100 |  |

200 |  | 200 |  |

| Ordinary 'A' shares are non-voting shares.