Izzard and Russell Investments Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 04055690

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	5,702		14,502
Cash at bank and in hand		71,759		35,655

		77,461		50,157
Creditors: Amounts Falling Due Within One Year	5	(60,806 )		(36,028 )

NET CURRENT ASSETS (LIABILITIES)			16,655		14,129

TOTAL ASSETS LESS CURRENT LIABILITIES			16,655		14,129

NET ASSETS			16,655		14,129

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			16,653		14,127

SHAREHOLDERS' FUNDS			16,655		14,129

For the year ending 5 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stephen David Russell

Director

09/06/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Izzard and Russell Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04055690 . The registered office is 82 Station Road, Soham, Ely, Cambridgeshire, CB7 5DZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 5)

4. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,885	7,675
Other debtors	18	165
VAT account	2,799	6,662

	5,702	14,502

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,061	162
Taxation and social security	-	297
Other creditors	17,027	16,877
Director's loan account	10,284	4,719
Amounts owed to related parties	32,434	13,973

	60,806	36,028

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Izzard and Russell Investments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2026

6. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

7. Related Party Transactions

During the year the company was charged rent of £40,000 (2025 - £40,000) and management charges of £9,000 (2025 - £9,000), on an arms length basis, by the partnership of Mr. S.D. Russell, company director and 50% shareholder, and Townsend Paddock Limited, a 50% shareholder of the company, Mr. S.D. Russell owns two thirds of the share capital of Townsend Paddock Limited.

Included within creditors is a director's loan owing to Mr S.D. Russell of £10,284 (2025 - £4,719).

As at 5 April 2026 Izzard and Russell Investments Limited owed £32,434 to the partnership of Mr. S.D. Russell and Townsend Paddock Limited (2025 - £13,973).

As at 5 April 2026 there is a balance owing to Townsend Paddock Limited of nNil (2025 - £nil).

Dividends totalling £nil (2025 - £nil) were paid in the year in respect of shares held by the company's director.

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