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REGISTERED NUMBER: 01174439 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

WRIGHTSURE SERVICES LTD

WRIGHTSURE SERVICES LTD (REGISTERED NUMBER: 01174439)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

WRIGHTSURE SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: P A Barton-Wright
Mrs A E Barton-Wright
R D Powell
D King
Ms V J Barton-Wright
Mrs S D Plampton
S Webster
J Savidge
Mrs A J Powell
P S Rimmer
P D Rudd





REGISTERED OFFICE: Rutland House
90-92 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ





REGISTERED NUMBER: 01174439 (England and Wales)





ACCOUNTANTS: Goldwyns Limited
Chartered Accountants
Rutland House
90-92 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ

WRIGHTSURE SERVICES LTD (REGISTERED NUMBER: 01174439)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 8,122 15,197
Investments 6 234,009 234,009
242,131 249,206

CURRENT ASSETS
Debtors 2,392,889 2,766,505
Cash at bank and in hand 871,221 882,373
3,264,110 3,648,878
CREDITORS
Amounts falling due within one year 2,188,053 2,609,385
NET CURRENT ASSETS 1,076,057 1,039,493
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,318,188

1,288,699

CREDITORS
Amounts falling due after more than one
year

(2,038

)

(2,038

)

PROVISIONS FOR LIABILITIES - (1,100 )
NET ASSETS 1,316,150 1,285,561

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Retained earnings 1,306,150 1,275,561
SHAREHOLDERS' FUNDS 1,316,150 1,285,561

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

WRIGHTSURE SERVICES LTD (REGISTERED NUMBER: 01174439)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 October 2023 and were signed on its behalf by:





R D Powell - Director


WRIGHTSURE SERVICES LTD (REGISTERED NUMBER: 01174439)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Wrightsure Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company's place of business differs from its registered office and is located in Thurrock.

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.

Preparation of consolidated financial statements
The financial statements contain information about Wrightsure Services Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents brokerage and other commissions which are taken to credit when debit or fee notes are issued irrespective of the inception date or period of insurance. Alterations in brokerage arising from return premiums, additional premiums or adjustments are taken into account as and when these occur.

Other operating income
Includes bank interest received on clients funds which the company is entitled to retain.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, has been amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvement to leasehold prop - 10% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2022 - 34 ) .

WRIGHTSURE SERVICES LTD (REGISTERED NUMBER: 01174439)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022
and 30 June 2023 35,000
AMORTISATION
At 1 July 2022
and 30 June 2023 35,000
NET BOOK VALUE

At 30 June 2023 -
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022 176,419
Disposals (58,807 )
At 30 June 2023 117,612
DEPRECIATION
At 1 July 2022 161,222
Charge for year 7,075
Eliminated on disposal (58,807 )
At 30 June 2023 109,490
NET BOOK VALUE
At 30 June 2023 8,122
At 30 June 2022 15,197

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 July 2022
and 30 June 2023 234,009
NET BOOK VALUE
At 30 June 2023 234,009
At 30 June 2022 234,009

WRIGHTSURE SERVICES LTD (REGISTERED NUMBER: 01174439)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 63,811 57,523
Between one and five years 73,373 106,959
137,184 164,482

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary £1 10,000 10,000

9. RELATED PARTY DISCLOSURES

The company undertook the following transactions with, and had balances owed at the balance sheet date, with entities under the control of key management personnel:


20232022
££

Deposits held20,00029,000
Insurance debtors5,000-
Interest75,500 -

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WRIGHTSURE SERVICES LTD

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 Statement of Financial Position. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wrightsure Services Ltd for the year ended 30 June 2023 which comprise the Income Statement, Abridged Statement of Financial Position and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that Wrightsure Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wrightsure Services Ltd. You consider that Wrightsure Services Ltd 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 financial statements of Wrightsure Services Ltd. 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 financial statements.






Goldwyns Limited
Chartered Accountants
Rutland House
90-92 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ


30 October 2023