REGISTERED NUMBER: NI007392 (Northern Ireland)

Russell Brothers and Co Builders Limited

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

V W Brown

D S Fraser

SECRETARY:

D S Fraser

REGISTERED OFFICE:

63A Kilvergan Road

Lurgan

Craigavon

Co. Armagh

BT66 6LJ

REGISTERED NUMBER:

NI007392 (Northern Ireland)

ACCOUNTANTS:

S.M. Vint & Company

Chartered Certified Accountants

8 Newry Road

Banbridge

Co. Down

BT32 3HN

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2025 set out on pages four to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

S.M. Vint & Company

Chartered Certified Accountants

8 Newry Road

Banbridge

Co. Down

BT32 3HN

23 July 2026

FIXED ASSETS

Tangible assets

4

266,702

297,419

CURRENT ASSETS

Stocks

400

400

Debtors

5

289,127

583,959

Investments

6

505,533

481,748

Cash at bank

1,120,953

2,268,571

1,916,013

3,334,678

CREDITORS

Amounts falling due within one year

7

501,717

1,354,485

NET CURRENT ASSETS

1,414,296

1,980,193

TOTAL ASSETS LESS CURRENT LIABILITIES

1,680,998

2,277,612

PROVISIONS FOR LIABILITIES

-

20,804

NET ASSETS

1,680,998

2,256,808

CAPITAL AND RESERVES

Called up share capital

5,004

5,004

Share premium

5,000

5,000

Revaluation reserve

8

77,264

77,264

Retained earnings

1,593,730

2,169,540

SHAREHOLDERS' FUNDS

1,680,998

2,256,808

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

D S Fraser - Director

V W Brown - Director

1.	STATUTORY INFORMATION

Russell Brothers and Co Builders Limited is a private company, limited by shares , registered in Northern Ireland. 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.

Freehold property

-

2% Reducing Balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 18 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

166,292

485,837

78,783

Additions

-

14,195

-

Disposals

-

-

-

At 31 December 2025

166,292

500,032

78,783

DEPRECIATION

At 1 January 2025

64,201

343,799

77,482

Charge for year

2,042

31,247

195

Eliminated on disposal

-

-

-

At 31 December 2025

66,243

375,046

77,677

NET BOOK VALUE

At 31 December 2025

100,049

124,986

1,106

At 31 December 2024

102,091

142,038

1,301

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

148,699

9,696

889,307

Additions

-

-

14,195

Disposals

(14,995

)

-

(14,995

)

At 31 December 2025

133,704

9,696

888,507

DEPRECIATION

At 1 January 2025

98,743

7,663

591,888

Charge for year

9,734

406

43,624

Eliminated on disposal

(13,707

)

-

(13,707

)

At 31 December 2025

94,770

8,069

621,805

NET BOOK VALUE

At 31 December 2025

38,934

1,627

266,702

At 31 December 2024

49,956

2,033

297,419

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts recoverable on contract

87,794

278,342

Other debtors

201,333

305,617

289,127

583,959

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Current investments

505,533

481,748

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

163,436

281,598

Taxation and social security

134,086

729,869

Other creditors

204,195

343,018

501,717

1,354,485

8.

RESERVES

Revaluatio

reserve

£

At 1 January 2025

and 31 December 2025

77,264