Company Registration No. 07383979 (England and Wales)
Wright Truck Limited
Unaudited accounts
for the year ended 30 September 2023
Wright Truck Limited
Unaudited accounts
Contents
Wright Truck Limited
Statement of financial position
as at 30 September 2023
Tangible assets
201,766
135,440
Inventories
155,800
169,000
Cash at bank and in hand
82,720
174,474
Creditors: amounts falling due within one year
(92,023)
(110,356)
Net current assets
255,517
307,257
Total assets less current liabilities
457,283
442,697
Creditors: amounts falling due after more than one year
(47,033)
(45,493)
Provisions for liabilities
Deferred tax
(29,196)
(24,516)
Net assets
381,054
372,688
Called up share capital
60
60
Capital redemption reserve
40
40
Profit and loss account
380,954
372,588
Shareholders' funds
381,054
372,688
For the year ending 30 September 2023 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 director acknowledges his 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 and authorised for issue on 24 February 2024 and were signed on its behalf by
Anthony Wright
Director
Company Registration No. 07383979
Wright Truck Limited
Notes to the Accounts
for the year ended 30 September 2023
Wright Truck Limited is a private company, limited by shares, registered in England and Wales, registration number 07383979. The registered office is 3 Lazenby Fold, Wetherby, West Yorkshire, LS22 6WN.
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
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 September 2023
8,485
At 30 September 2023
8,485
Wright Truck Limited
Notes to the Accounts
for the year ended 30 September 2023
5
Tangible fixed assets
Plant & machinery
At 30 September 2023
287,887
Charge for the year
34,831
At 30 September 2023
86,121
At 30 September 2023
201,766
At 30 September 2022
135,440
Amounts falling due within one year
Trade debtors
62,677
36,408
Accrued income and prepayments
8,344
12,463
Other debtors
37,999
25,268
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,952
9,707
Obligations under finance leases and hire purchase contracts
23,727
25,590
Trade creditors
15,408
35,544
Taxes and social security
41,503
31,926
Other creditors
1,433
7,589
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
24,599
13,106
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).