COMPANY REGISTRATION NUMBER:
11497746
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Russon Campbell Developments Limited |
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|
Filleted Unaudited Financial Statements |
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Russon Campbell Developments Limited |
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Statement of Financial Position |
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30 June 2025
Current assets
|
Debtors |
4 |
938,324 |
1,223,324 |
|
Cash at bank and in hand |
788 |
873 |
|
--------- |
------------ |
|
939,112 |
1,224,197 |
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|
|
|
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Creditors: amounts falling due within one year |
5 |
1,202,904 |
1,199,458 |
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------------ |
------------ |
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Net current (liabilities)/assets |
(
263,792) |
24,739 |
|
--------- |
-------- |
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Total assets less current liabilities |
(
263,792) |
24,739 |
|
--------- |
-------- |
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Net (liabilities)/assets |
(
263,792) |
24,739 |
|
--------- |
-------- |
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|
|
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Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
(
263,892) |
24,639 |
|
--------- |
-------- |
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Shareholders (deficit)/funds |
(
263,792) |
24,739 |
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--------- |
-------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
28 November 2025
, and are signed on behalf of the board by:
Company registration number:
11497746
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Russon Campbell Developments Limited |
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Notes to the Financial Statements |
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Year ended 30 June 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Horringer Manor, Manor Lane, Horringer, Bury St. Edmunds, IP29 5PY.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Plant and machinery |
- |
20% straight line |
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Office equipment |
- |
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Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Debtors
|
2025 |
2024 |
|
£ |
£ |
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Other debtors |
938,324 |
1,223,324 |
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--------- |
------------ |
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5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
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Trade creditors |
– |
2,280 |
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Social security and other taxes |
– |
2,574 |
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Other creditors |
1,202,904 |
1,194,604 |
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------------ |
------------ |
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1,202,904 |
1,199,458 |
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------------ |
------------ |
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6.
Related party transactions
Included in other debtors are amounts owed by Russon Campbell (Oundle) Limited of £1,223,224 (2024: £1,223,224). Russon Campbell (Oundle) Limited is a company controlled by a close family member. Included in other creditors are amounts owed to Black Dog Capital Limited of £1,199,004 (2024: £1,190,604). Black Dog Capital Limited is a company controlled by a close family member.