Registration number: 00125526

Russell Acott Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 7

Russell Acott Limited

(Registration number: 00125526)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	257,890	268,872
Investment property	5	7,077,523	7,077,523
Other financial assets	6	603,330	590,022
		7,938,743	7,936,417
Current assets
Debtors	7	132,927	113,818
Cash at bank and in hand		952,988	989,060
		1,085,915	1,102,878
Creditors: Amounts falling due within one year	8	(547,114)	(499,269)
Net current assets		538,801	603,609
Total assets less current liabilities		8,477,544	8,540,026
Creditors: Amounts falling due after more than one year	8	(15,789)	(30,287)
Provisions for liabilities		(1,649,000)	(1,645,000)
Net assets		6,812,755	6,864,739
Capital and reserves
Called up share capital	9	64,000	64,000
Retained earnings		6,748,755	6,800,739
Shareholders' funds		6,812,755	6,864,739

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 October 2025 and signed on its behalf by:
 

......................................... Mr R D Ansell Director

......................................... Mr G R Ansell Director

Russell Acott Limited

Notes to the Financial Statements for the Year Ended 31 March 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:
51A West Way
Botley
Oxford
OX2 0JE

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 except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 24 October 2025 was Mr Anthony Haines BSc FCA, who signed for and on behalf of Wenn Townsend.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the 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.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Russell Acott Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

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 in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	2% straight line
Plant and equipment	33% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. They use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Russell Acott Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Russell Acott Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	558,656	9,865	568,521
Additions	-	499	499
At 31 March 2025	558,656	10,364	569,020
Depreciation
At 1 April 2024	290,295	9,354	299,649
Charge for the year	11,173	308	11,481
At 31 March 2025	301,468	9,662	311,130
Carrying amount
At 31 March 2025	257,188	702	257,890
At 31 March 2024	268,361	511	268,872

Included within the net book value of land and buildings above is £257,188 (2024 - £268,361) in respect of freehold land and buildings.
 

5	Investment properties

	2025 £
At 1 April 2024	7,077,523
At 31 March 2025	7,077,523

The directors have valued the investment properties on a market value basis. There has been no valuation of investment property by an independent valuer.

Russell Acott Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

6	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 April 2024	590,022	590,022
Fair value adjustments	13,308	13,308
At 31 March 2025	603,330	603,330
Carrying amount
At 31 March 2025	603,330	603,330

7

Debtors

	2025 £	2024 £
Trade debtors	71,879	64,626
Other debtors	61,048	49,192
	132,927	113,818

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	1,623	600
Taxation and social security	74,487	114,277
Accruals and deferred income	126,337	176,834
Other creditors	25,501	11,003
Amounts owed to directors	319,166	196,555
	547,114	499,269