Registration number: 07201181

Russell Property Consultants Limited

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account	4
Balance Sheet	5
Statement of Changes in Equity	6
Notes to the Financial Statements	7 to 11

Russell Property Consultants Limited

Company Information

Director

Mr Robert James Russell

Registered office

12 Whiteladies Road Whiteladies Road Clifton Bristol England BS8 1PD

Accountants

R S Porter & Co Limited The Old Dairy Ashton Hill Farm Weston Road Failand Bristol BS8 3US

Russell Property Consultants Limited

Director's Report for the Year Ended 31 March 2026

The director presents his report and the financial statements for the year ended 31 March 2026.

Directors of the company

The directors who held office during the year were as follows:

Mr Robert James Russell

Mrs Louise Jane Russell (Resignation 4 April 2025)

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved and authorised by the director on 24 April 2026
 

......................................... Mr Robert James Russell Director

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Russell Property Consultants Limited
for the Year Ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Russell Property Consultants Limited for the year ended 31 March 2026 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Russell Property Consultants Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Russell Property Consultants Limited and state those matters that we have agreed to state to the Board of Directors of Russell Property Consultants Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Russell Property Consultants Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Russell Property Consultants Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Russell Property Consultants Limited. You consider that Russell Property Consultants Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Russell Property Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

R S Porter & Co Limited
The Old Dairy
Ashton Hill Farm
Weston Road
Failand
Bristol
BS8 3US

24 April 2026

Russell Property Consultants Limited

Profit and Loss Account for the Year Ended 31 March 2026

	Note	2026 £	2025 £
Turnover	3	595,741	347,635
Cost of sales		(264,802)	(135,125)
Gross profit		330,939	212,510
Administrative expenses		(255,037)	(139,382)
Operating profit		75,902	73,128
Profit before tax		75,902	73,128
Tax on profit	6	(18,139)	(17,185)
Profit for the financial year		57,763	55,943

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Russell Property Consultants Limited

(Registration number: 07201181)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	7	1,453	1,816
Current assets
Cash at bank and in hand		351,821	342,077
Creditors: Amounts falling due within one year	9	(29,861)	(28,243)
Net current assets		321,960	313,834
Net assets		323,413	315,650
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		322,413	314,650
Shareholders' funds		323,413	315,650

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 24 April 2026
 

......................................... Mr Robert James Russell Director

Russell Property Consultants Limited

Statement of Changes in Equity for the Year Ended 31 March 2026

	Share capital £	Retained earnings £	Total £
At 1 April 2025	1,000	314,650	315,650
Profit for the year	-	57,763	57,763
Dividends	-	(50,000)	(50,000)
At 31 March 2026	1,000	322,413	323,413

	Share capital £	Retained earnings £	Total £
At 1 April 2024	1,000	308,707	309,707
Profit for the year	-	55,943	55,943
Dividends	-	(50,000)	(50,000)
At 31 March 2025	1,000	314,650	315,650

Russell Property Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

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:
12 Whiteladies Road Whiteladies Road
Clifton
Bristol
BS8 1PD
England

These financial statements were authorised for issue by the director on 24 April 2026.

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.

Revenue recognition

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

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.

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.

Russell Property Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

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
Office equipment	20% reducing balance

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.

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 and subsequently measured at amortised cost using the effective interest method.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Russell Property Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

3

Turnover

The analysis of the company's turnover for the year from continuing operations is as follows:

	2026 £	2025 £
Sale of goods	595,741	347,635

4	Staff costs

The aggregate payroll costs (including directors' remuneration) were as follows:

	2026 £	2025 £
Wages and salaries	25,152	25,152
Social security costs	315	1,174
Pension costs, defined contribution scheme	160,000	59,040
Other employee expense	499	1,800
	185,966	87,166

The average number of persons employed by the company (including the director) during the year, analysed by category was as follows:

	2026 No.	2025 No.
Other departments	-	2
	-	2

5	Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	25,152	25,152
Contributions paid to money purchase schemes	160,000	59,040
	185,152	84,192

6

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	18,139	17,185

Russell Property Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

7	tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 April 2025	18,249	18,249
At 31 March 2026	18,249	18,249
Depreciation
At 1 April 2025	16,433	16,433
Charge for the year	363	363
At 31 March 2026	16,796	16,796
Carrying amount
At 31 March 2026	1,453	1,453
At 31 March 2025	1,816	1,816

8	Cash and cash equivalents

	2026 £	2025 £
Cash at bank	351,821	342,077

9

Creditors

	Note	2026 £	2025 £
Due within one year
Amounts due to related parties		2,555	3,580
Social security and other taxes		9,167	7,478
Income tax liability	6	18,139	17,185
		29,861	28,243

Russell Property Consultants Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

10	Pension and other schemes

Defined contribution pension scheme

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £160,000 (2025 - £59,040).

11	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	1,000	1,000	1,000	1,000

12

Dividends

Interim dividends paid

		2026 £		2025 £
Interim dividend of £50.00 per each Ordinary		50,000		50,000