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REGISTERED NUMBER: 07435624 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Mark D Wright Limited

Mark D Wright Limited (Registered number: 07435624)

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


Mark D Wright Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: M D Wright





REGISTERED OFFICE: Suite 1,The Riverside Buillding
Livingstone Road
Hessle
East Yorkshire
HU13 0DZ





REGISTERED NUMBER: 07435624 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

Mark D Wright Limited (Registered number: 07435624)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,056 1,295

CURRENT ASSETS
Debtors 5 259 4,459
Cash at bank 2,242 1,662
2,501 6,121
CREDITORS
Amounts falling due within one year 6 12,066 6,998
NET CURRENT LIABILITIES (9,565 ) (877 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,491

418

PROVISIONS FOR LIABILITIES 2,291 -
NET ASSETS 200 418

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 199 417
SHAREHOLDERS' FUNDS 200 418

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.

Mark D Wright Limited (Registered number: 07435624)

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 23 August 2024 and were signed by:





M D Wright - Director


Mark D Wright Limited (Registered number: 07435624)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. STATUTORY INFORMATION

Mark D 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.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

Turnover
Turnover is measured at fair value of the consideration received excluding any discounts, rebates and any value added tax or other sales tax. Turnover is recognised when the service has been completed for the client such that the value can be measured reliably.

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, 20% on reducing balance and 20% on cost

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

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.

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.

Mark D Wright Limited (Registered number: 07435624)

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


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 13,900
Additions 14,394
Disposals (8,340 )
At 30 November 2023 19,954
DEPRECIATION
At 1 December 2022 12,605
Charge for year 3,164
Eliminated on disposal (7,871 )
At 30 November 2023 7,898
NET BOOK VALUE
At 30 November 2023 12,056
At 30 November 2022 1,295

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 259 4,459

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 3,357 4,406
Other creditors 8,709 2,592
12,066 6,998

Mark D Wright Limited (Registered number: 07435624)

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


7. 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:

2023 2022
£    £   
M D Wright
Balance outstanding at start of year 4,077 1,741
Amounts advanced 37,319 35,842
Amounts repaid (48,895 ) (33,506 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,499 ) 4,077