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REGISTERED NUMBER: 05653911 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2023

for

S G Wright Limited

S G Wright Limited (Registered number: 05653911)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


S G Wright Limited

Company Information
for the Year Ended 31st December 2023







DIRECTOR: SG Wright





REGISTERED OFFICE: 28A Church Lane
Marple
Stockport
SK6 6DE





REGISTERED NUMBER: 05653911 (England and Wales)





ACCOUNTANTS: B&P Summers Accountants Limited
28A Church Lane
Marple
Stockport
Cheshire
SK6 6DE

S G Wright Limited (Registered number: 05653911)

Abridged Balance Sheet
31st December 2023

31/12/23 31/12/22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,200 2,934
2,200 2,934

CURRENT ASSETS
Stocks 300 300
Cash at bank 919 773
1,219 1,073
CREDITORS
Amounts falling due within one year (8,624 ) (8,736 )
NET CURRENT LIABILITIES (7,405 ) (7,663 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,205

)

(4,729

)

CREDITORS
Amounts falling due after more than one
year

(2,833

)

(4,833

)
NET LIABILITIES (8,038 ) (9,562 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (8,039 ) (9,563 )
SHAREHOLDERS' FUNDS (8,038 ) (9,562 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

S G Wright Limited (Registered number: 05653911)

Abridged Balance Sheet - continued
31st December 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 Income Statement and an abridged Balance Sheet for the year ended 31st December 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 director and authorised for issue on 1st February 2024 and were signed by:





SG Wright - Director


S G Wright Limited (Registered number: 05653911)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

S G Wright Limited 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of two 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.
Plant and machinery etc - 25% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

S G Wright Limited (Registered number: 05653911)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2023
and 31st December 2023 6,000
AMORTISATION
At 1st January 2023
and 31st December 2023 6,000
NET BOOK VALUE

At 31st December 2023 -
At 31st December 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2023
and 31st December 2023 13,104
DEPRECIATION
At 1st January 2023 10,170
Charge for year 734
At 31st December 2023 10,904
NET BOOK VALUE
At 31st December 2023 2,200
At 31st December 2022 2,934