REGISTERED NUMBER: 04700945 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SANDY RUSSELL & COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A S Russell

REGISTERED OFFICE:

Hafod

Drayton Road

Hodnet

Shropshire

TF9 3NH

REGISTERED NUMBER:

04700945 (England and Wales)

ACCOUNTANTS:

D E Ball & Co Limited

Chartered Accountants

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

FIXED ASSETS

Tangible assets

4

67,165

39,540

CURRENT ASSETS

Debtors

5

239,097

335,350

Cash at bank

33,492

43,211

272,589

378,561

CREDITORS

Amounts falling due within one year

6

140,317

203,123

NET CURRENT ASSETS

132,272

175,438

TOTAL ASSETS LESS CURRENT LIABILITIES

199,437

214,978

CREDITORS

Amounts falling due after more than one year

7

37,612

36,549

NET ASSETS

161,825

178,429

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

161,824

178,428

SHAREHOLDERS' FUNDS

161,825

178,429

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23rd December 2025 and were signed by:

A S Russell - Director

1.	STATUTORY INFORMATION

Sandy Russell & Company Ltd 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.

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

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2024

3,549

11,037

86,563

20,628

121,777

Additions

-

-

79,255

1,644

80,899

Disposals

-

-

(86,563

)

-

(86,563

)

At 31st March 2025

3,549

11,037

79,255

22,272

116,113

DEPRECIATION

At 1st April 2024

3,537

10,016

50,540

18,144

82,237

Charge for year

3

153

19,848

1,629

21,633

Eliminated on disposal

-

-

(54,922

)

-

(54,922

)

At 31st March 2025

3,540

10,169

15,466

19,773

48,948

NET BOOK VALUE

At 31st March 2025

9

868

63,789

2,499

67,165

At 31st March 2024

12

1,021

36,023

2,484

39,540

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

234,763

334,592

Other debtors

4,334

758

239,097

335,350

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

5,850

5,850

Hire purchase contracts

5,990

8,647

Taxation and social security

10,014

9,025

Other creditors

118,463

179,601

140,317

203,123

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

4,442

12,294

Hire purchase contracts

33,170

24,255

37,612

36,549

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr A S Russell and Mrs R V Russell as they co-operate to exercise control.