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REGISTERED NUMBER: 09883166 (England and Wales)












Unaudited Financial Statements

For The Year Ended 30 November 2023

for

Maker & Wright Limited

Maker & Wright Limited (Registered number: 09883166)






Contents of the Financial Statements
For The Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Maker & Wright Limited

Company Information
For The Year Ended 30 November 2023







Director: M J Walker





Secretary:





Registered office: 197 Guarlford Road
Malvern
Worcestershire
WR13 6NS





Registered number: 09883166 (England and Wales)





Accountants: Allan Brown ( A& T Services Ltd)
18/22 Church Street
Malvern
Worcestershire
WR14 2AY

Maker & Wright Limited (Registered number: 09883166)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
Fixed assets
Intangible assets 4 6,000 7,500
Tangible assets 5 6,837 8,785
12,837 16,285

Current assets
Stocks 9,874 10,927
Debtors 6 2,290 7,993
Cash at bank and in hand 1,988 20,492
14,152 39,412
Creditors
Amounts falling due within one year 7 28,626 6,039
Net current (liabilities)/assets (14,474 ) 33,373
Total assets less current liabilities (1,637 ) 49,658

Capital and reserves
Called up share capital 10 10
Retained earnings (1,647 ) 49,648
Shareholders' funds (1,637 ) 49,658

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

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

Maker & Wright Limited (Registered number: 09883166)

Balance Sheet - continued
30 November 2023


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

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 31 July 2024 and were signed by:





M J Walker - Director


Maker & Wright Limited (Registered number: 09883166)

Notes to the Financial Statements
For The Year Ended 30 November 2023

1. STATUTORY INFORMATION

Maker & 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 2017, is being amortised evenly over its estimated useful life of ten 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.

Fixed assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Maker & Wright Limited (Registered number: 09883166)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 15,000
AMORTISATION
At 1 December 2022 7,500
Charge for year 1,500
At 30 November 2023 9,000
NET BOOK VALUE
At 30 November 2023 6,000
At 30 November 2022 7,500

Maker & Wright Limited (Registered number: 09883166)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 19,915
Additions 331
At 30 November 2023 20,246
DEPRECIATION
At 1 December 2022 11,130
Charge for year 2,279
At 30 November 2023 13,409
NET BOOK VALUE
At 30 November 2023 6,837
At 30 November 2022 8,785

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 2,290 -
Other debtors - 7,993
2,290 7,993

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 8,255 4,574
Trade creditors 27 (1 )
Taxation and social security 827 (2,637 )
Other creditors 19,517 4,103
28,626 6,039

Maker & Wright Limited (Registered number: 09883166)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
M J Walker
Balance outstanding at start of year 7,993 6,951
Amounts advanced 36,083 20,869
Amounts repaid (47,697 ) (19,827 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,621 ) 7,993