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COMPANY REGISTRATION NUMBER: 04140981

RUSSELL HOUSE SCHOOL LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 August 2025

RUSSELL HOUSE SCHOOL LTD

STATEMENT OF FINANCIAL POSITION

31 August 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 50,203 | 41,772

Current assets

Debtors | 6 | 69,268 |  | 55,568
Cash at bank and in hand | 2,167,650 |  | 2,694,643
| ------------ |  | ------------
| 2,236,918 |  | 2,750,211

Creditors: amounts falling due within one year | 7 | 713,098 |  | 1,400,282
| ------------ |  | ------------
Net current assets |  | 1,523,820 | 1,349,929
|  | ------------ | ------------
Total assets less current liabilities |  | 1,574,023 | 1,391,701

Provisions

Taxation including deferred tax |  | 11,310 | 6,805
|  | ------------ | ------------
Net assets |  | 1,562,713 | 1,384,896
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | 1,562,613 | 1,384,796
|  | ------------ | ------------
Shareholders funds |  | 1,562,713 | 1,384,896
|  | ------------ | ------------

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 comprehensive income has not been delivered.
For the year ending 31 August 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

RUSSELL HOUSE SCHOOL LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 August 2025
These financial statements were approved by the board of directors and authorised for issue on 25 March 2026 , and are signed on behalf of the board by:

Mr R A Lindsay
Director

Company registration number: 04140981

RUSSELL HOUSE SCHOOL LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 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 Station Road, Otford, Sevenoaks, Kent, TN14 5QU, United Kingdom.
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 the statement of comprehensive income. The financial statements are prepared in sterling, which is the functional currency of the entity.
Debtors
Debtors are initially recorded at fair value and are assessed for impairment at each reporting date. If any impairments exist the debtors are remeasured to the present value of the expected future cash inflows.
Creditors
Creditors are initially recorded at fair value and are then remeasured to the present value of the expected future cash outflows.
Statement of cash flows
The company has taken advantage of the small companies exemptions and not prepared a statement of cash flows.
Judgements and key sources of estimation uncertainty
There are no significant estimates or assumptions made that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
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.
Income tax
Provision is made for deferred taxation using the liability method to take account of timing differences between the incidence of income and expenditure for taxation and accounting purposes except to the extent that the directors consider that a liability to taxation is likely to crystallise.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in the statement of comprehensive income. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in the statement of comprehensive income.
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:

| Leasehold Property | - | 12 Years Straight line
| Plant & Machinery | - | 5 Years Straight line
| Motor Vehicles | - | 25% reducing balance
| Computer Equipment | - | 4 Years Straight Line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 41 (2024: 42 ).
5. Tangible assets

| Land and buildings | Plant and machinery | Motor vehicles | Equipment | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 September 2024 | 488,319 | 270,899 | 7,500 | 321,807 | 1,088,525
Additions | – | 8,202 | – | 15,120 | 23,322
| --------- | --------- | ------- | --------- | ------------
At 31 August 2025 | 488,319 | 279,101 | 7,500 | 336,927 | 1,111,847
| --------- | --------- | ------- | --------- | ------------
Depreciation |  |  |  |  |
At 1 September 2024 | 479,305 | 270,361 | 7,476 | 289,611 | 1,046,753
Charge for the year | 3,347 | 906 | 6 | 10,632 | 14,891
| --------- | --------- | ------- | --------- | ------------
At 31 August 2025 | 482,652 | 271,267 | 7,482 | 300,243 | 1,061,644
| --------- | --------- | ------- | --------- | ------------
Carrying amount |  |  |  |  |
At 31 August 2025 | 5,667 | 7,834 | 18 | 36,684 | 50,203
| --------- | --------- | ------- | --------- | ------------
At 31 August 2024 | 9,014 | 538 | 24 | 32,196 | 41,772
| --------- | --------- | ------- | --------- | ------------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 6,762 | –
Other debtors | 62,506 | 55,568
| -------- | --------
| 69,268 | 55,568
| -------- | --------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 549,084 | 1,293,919
Corporation tax | 91,106 | 64,550
Other creditors | 2,367 | 2,367
Other creditors | 70,541 | 39,446
| --------- | ------------
| 713,098 | 1,400,282
| --------- | ------------

8. Capital commitments
The company has recognised and continues to recognise that it will need to incur significant expenditure in repairing and updating its classrooms, associated buildings and external fabric.
The Board anticipate that expenditure will continue to be incurred over the coming years, and it has been accumulating resources to assist with the cost of this.
The Board also recognises that the company has a Social and Financial commitment to honour its journey to achieve Net Zero in the context of Carbon Emissions in the forthcoming years.
9. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
Later than 1 year and not later than 5 years | 99,000 | 99,000
| -------- | --------

10. Reserves
The company has successfully weathered both the COVID era and the introduction of VAT, overcoming the challenges these changes presented.
However the circumstances highlighted by these periods have reinforced the appropriateness of the company's existing and continued policy of maintaining sufficient Liquid Reserves to adequately address all of its commitments if the need should arise.
This financial stability also brings confidence to the company's Stakeholders in the form of the Parents of the Children that attend the School, the Headmaster, Management Team and Staff as well as the Company Shareholders.