2022-09-012023-08-312023-08-31false10134826The Wright Education Limited2024-01-11iso4217:GBPxbrli:pure101348262022-09-01101348262023-08-31101348262022-09-012023-08-31101348262021-09-01101348262022-08-31101348262021-09-012022-08-3110134826bus:SmallEntities2022-09-012023-08-3110134826bus:AuditExempt-NoAccountantsReport2022-09-012023-08-3110134826bus:FullAccounts2022-09-012023-08-3110134826bus:PrivateLimitedCompanyLtd2022-09-012023-08-3110134826core:WithinOneYear2023-08-3110134826core:AfterOneYear2023-08-3110134826core:WithinOneYear2022-08-3110134826core:AfterOneYear2022-08-3110134826core:ShareCapital2023-08-3110134826core:SharePremium2023-08-3110134826core:RevaluationReserve2023-08-3110134826core:OtherReservesSubtotal2023-08-3110134826core:RetainedEarningsAccumulatedLosses2023-08-3110134826core:ShareCapital2022-08-3110134826core:SharePremium2022-08-3110134826core:RevaluationReserve2022-08-3110134826core:OtherReservesSubtotal2022-08-3110134826core:RetainedEarningsAccumulatedLosses2022-08-3110134826core:LandBuildings2023-08-3110134826core:PlantMachinery2023-08-3110134826core:Vehicles2023-08-3110134826core:FurnitureFittings2023-08-3110134826core:OfficeEquipment2023-08-3110134826core:NetGoodwill2023-08-3110134826core:IntangibleAssetsOtherThanGoodwill2023-08-3110134826core:ListedExchangeTraded2023-08-3110134826core:UnlistedNon-exchangeTraded2023-08-3110134826core:LandBuildings2022-08-3110134826core:PlantMachinery2022-08-3110134826core:Vehicles2022-08-3110134826core:FurnitureFittings2022-08-3110134826core:OfficeEquipment2022-08-3110134826core:NetGoodwill2022-08-3110134826core:IntangibleAssetsOtherThanGoodwill2022-08-3110134826core:ListedExchangeTraded2022-08-3110134826core:UnlistedNon-exchangeTraded2022-08-3110134826core:LandBuildings2022-09-012023-08-3110134826core:PlantMachinery2022-09-012023-08-3110134826core:Vehicles2022-09-012023-08-3110134826core:FurnitureFittings2022-09-012023-08-3110134826core:OfficeEquipment2022-09-012023-08-3110134826core:NetGoodwill2022-09-012023-08-3110134826core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3110134826core:ListedExchangeTraded2022-09-012023-08-3110134826core:UnlistedNon-exchangeTraded2022-09-012023-08-3110134826core:MoreThanFiveYears2022-09-012023-08-3110134826core:Non-currentFinancialInstruments2023-08-3110134826core:Non-currentFinancialInstruments2022-08-3110134826dpl:CostSales2022-09-012023-08-3110134826dpl:DistributionCosts2022-09-012023-08-3110134826core:LandBuildings2022-09-012023-08-3110134826core:PlantMachinery2022-09-012023-08-3110134826core:Vehicles2022-09-012023-08-3110134826core:FurnitureFittings2022-09-012023-08-3110134826core:OfficeEquipment2022-09-012023-08-3110134826dpl:AdministrativeExpenses2022-09-012023-08-3110134826core:NetGoodwill2022-09-012023-08-3110134826core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3110134826dpl:GroupUndertakings2022-09-012023-08-3110134826dpl:ParticipatingInterests2022-09-012023-08-3110134826dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3110134826core:ListedExchangeTraded2022-09-012023-08-3110134826dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3110134826core:UnlistedNon-exchangeTraded2022-09-012023-08-3110134826dpl:CostSales2021-09-012022-08-3110134826dpl:DistributionCosts2021-09-012022-08-3110134826core:LandBuildings2021-09-012022-08-3110134826core:PlantMachinery2021-09-012022-08-3110134826core:Vehicles2021-09-012022-08-3110134826core:FurnitureFittings2021-09-012022-08-3110134826core:OfficeEquipment2021-09-012022-08-3110134826dpl:AdministrativeExpenses2021-09-012022-08-3110134826core:NetGoodwill2021-09-012022-08-3110134826core:IntangibleAssetsOtherThanGoodwill2021-09-012022-08-3110134826dpl:GroupUndertakings2021-09-012022-08-3110134826dpl:ParticipatingInterests2021-09-012022-08-3110134826dpl:GroupUndertakingscore:ListedExchangeTraded2021-09-012022-08-3110134826core:ListedExchangeTraded2021-09-012022-08-3110134826dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-09-012022-08-3110134826core:UnlistedNon-exchangeTraded2021-09-012022-08-3110134826core:NetGoodwill2023-08-3110134826core:IntangibleAssetsOtherThanGoodwill2023-08-3110134826core:LandBuildings2023-08-3110134826core:PlantMachinery2023-08-3110134826core:Vehicles2023-08-3110134826core:FurnitureFittings2023-08-3110134826core:OfficeEquipment2023-08-3110134826core:AfterOneYear2023-08-3110134826core:WithinOneYear2023-08-3110134826core:ListedExchangeTraded2023-08-3110134826core:UnlistedNon-exchangeTraded2023-08-3110134826core:ShareCapital2023-08-3110134826core:SharePremium2023-08-3110134826core:RevaluationReserve2023-08-3110134826core:OtherReservesSubtotal2023-08-3110134826core:RetainedEarningsAccumulatedLosses2023-08-3110134826core:NetGoodwill2022-08-3110134826core:IntangibleAssetsOtherThanGoodwill2022-08-3110134826core:LandBuildings2022-08-3110134826core:PlantMachinery2022-08-3110134826core:Vehicles2022-08-3110134826core:FurnitureFittings2022-08-3110134826core:OfficeEquipment2022-08-3110134826core:AfterOneYear2022-08-3110134826core:WithinOneYear2022-08-3110134826core:ListedExch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The Wright Education Limited

Registered Number
10134826
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2023

The Wright Education Limited
Company Information
for the year from 1 September 2022 to 31 August 2023

Director

Sandra Wright

Company Secretary

Alesha Young

Registered Address

41 Tylney Road
London
E7 0LS

Registered Number

10134826 (England and Wales)
The Wright Education Limited
Balance Sheet as at
31 August 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets6239477
239477
Current assets
Cash at bank and on hand13,36534,306
13,36534,306
Creditors amounts falling due within one year8(12,515)(32,589)
Net current assets (liabilities)8501,717
Total assets less current liabilities1,0892,194
Provisions for liabilities10(45)(91)
Net assets1,0442,103
Capital and reserves
Called up share capital200200
Profit and loss account8441,903
Shareholders' funds1,0442,103
The financial statements were approved and authorised for issue by the Director on 11 January 2024, and are signed on its behalf by:
Sandra Wright
Director
Registered Company No. 10134826
The Wright Education Limited
Notes to the Financial Statements
for the year ended 31 August 2023

1.Statutory information
The Wright Education Limited is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company in the year under review was that of childcare provider.
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value-added taxes.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Fixtures and fittings - 33% on cost
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
5.Employee information

20232022
Average number of employees during the year55
6.Property, plant and equipment

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 September 222,0697162,785
At 31 August 232,0697162,785
Depreciation and impairment
At 01 September 222,0692392,308
Charge for year-238238
At 31 August 232,0694772,546
Net book value
At 31 August 23-239239
At 31 August 22-477477
7.Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Amounts owed to related parties8,55325,234
Taxation and social security1,2635,355
Accrued liabilities and deferred income2,6992,000
Total12,51532,589
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year
10.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)4591
Total4591