Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09130148 Mr James Wright Mrs Jane Wright true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09130148 2023-07-31 09130148 2024-07-31 09130148 2023-08-01 2024-07-31 09130148 frs-core:CurrentFinancialInstruments 2024-07-31 09130148 frs-core:FurnitureFittings 2024-07-31 09130148 frs-core:FurnitureFittings 2023-08-01 2024-07-31 09130148 frs-core:FurnitureFittings 2023-07-31 09130148 frs-core:MotorVehicles 2024-07-31 09130148 frs-core:MotorVehicles 2023-08-01 2024-07-31 09130148 frs-core:MotorVehicles 2023-07-31 09130148 frs-core:PlantMachinery 2024-07-31 09130148 frs-core:PlantMachinery 2023-08-01 2024-07-31 09130148 frs-core:PlantMachinery 2023-07-31 09130148 frs-core:ShareCapital 2024-07-31 09130148 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09130148 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09130148 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09130148 frs-bus:SmallEntities 2023-08-01 2024-07-31 09130148 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09130148 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09130148 1 2023-08-01 2024-07-31 09130148 frs-bus:Director1 2023-08-01 2024-07-31 09130148 frs-bus:Director2 2023-08-01 2024-07-31 09130148 frs-countries:EnglandWales 2023-08-01 2024-07-31 09130148 2022-07-31 09130148 2023-07-31 09130148 2022-08-01 2023-07-31 09130148 frs-core:CurrentFinancialInstruments 2023-07-31 09130148 frs-core:ShareCapital 2023-07-31 09130148 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09130148
E.Wright & Sons Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Lawrie Berry
FCA
2 Hill Place
Brington
Huntingdon
Cambs
PE28 5BQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09130148
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,857 2,223
1,857 2,223
CURRENT ASSETS
Stocks 5 26,478 18,518
Debtors 6 63,217 68,094
Cash at bank and in hand 37,945 58,087
127,640 144,699
Creditors: Amounts Falling Due Within One Year 7 (108,087 ) (108,279 )
NET CURRENT ASSETS (LIABILITIES) 19,553 36,420
TOTAL ASSETS LESS CURRENT LIABILITIES 21,410 38,643
NET ASSETS 21,410 38,643
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 21,310 38,543
SHAREHOLDERS' FUNDS 21,410 38,643
For the year ending 31 July 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Wright
Director
1 October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
E.Wright & Sons Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09130148 . The registered office is Unit 52, Hillgrove Business Park, Nazeing Road, Nazeing, Essex, EN9 2HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15%
Motor Vehicles 20%
Fixtures & Fittings 25%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
Manufacturing 5 5
7 7
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Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2023 7,000 3,990 868 11,858
As at 31 July 2024 7,000 3,990 868 11,858
Depreciation
As at 1 August 2023 5,378 3,454 803 9,635
Provided during the period 243 107 16 366
As at 31 July 2024 5,621 3,561 819 10,001
Net Book Value
As at 31 July 2024 1,379 429 49 1,857
As at 1 August 2023 1,622 536 65 2,223
5. Stocks
2024 2023
£ £
Stock - materials & work-in-progress 26,478 18,518
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 63,217 67,331
Corporation tax recoverable - 763
63,217 68,094
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Other taxes and social security 2,478 2,677
VAT 9,455 8,908
Accruals and deferred income 2,008 2,304
Directors' loan accounts 94,146 94,389
108,087 108,279
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
The company's ultimate controlling parties are Mr JE Wright and Mrs JA Wright by virtue of their ownership of 100% of the issued share capital in the company.
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