Company Registration No. 05911528 (England and Wales)
Rusty Will Limited
Unaudited accounts
for the year ended 31 August 2026
Rusty Will Limited
Unaudited accounts
Contents
Rusty Will Limited
Company Information
for the year ended 31 August 2026
Directors
Russell Newnham
William Downer
Company Number
05911528 (England and Wales)
Registered Office
31 Orchard Street
Newport
Isle of Wight
PO30 1JZ
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Rusty Will Limited
Statement of financial position
as at 31 August 2026
Tangible assets
3,750
5,250
Inventories
119,907
153,980
Cash at bank and in hand
134,740
76,413
Creditors: amounts falling due within one year
(102,256)
(101,748)
Net current assets
177,429
169,449
Total assets less current liabilities
181,179
174,699
Creditors: amounts falling due after more than one year
-
(11,660)
Net assets
181,179
163,039
Called up share capital
100
100
Profit and loss account
181,079
162,939
Shareholders' funds
181,179
163,039
For the year ending 31 August 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2026 and were signed on its behalf by
William Downer
Director
Company Registration No. 05911528
Rusty Will Limited
Notes to the Accounts
for the year ended 31 August 2026
Rusty Will Limited is a private company, limited by shares, registered in England and Wales, registration number 05911528. The registered office is 31 Orchard Street, Newport, Isle of Wight, PO30 1JZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line 20%
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rusty Will Limited
Notes to the Accounts
for the year ended 31 August 2026
4
Tangible fixed assets
Plant & machinery
At 1 September 2025
44,082
At 1 September 2025
38,832
Amounts falling due within one year
Trade debtors
25,038
40,804
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,680
-
Trade creditors
68,357
74,666
Taxes and social security
4,953
7,848
Loans from directors
13,240
10,334
7
Creditors: amounts falling due after more than one year
2026
2025
8
Average number of employees
During the year the average number of employees was 5 (2025: 5).