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REGISTERED NUMBER: 02845229 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED

WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 02845229)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: R D Powell
P A Barton-Wright
Mrs A E Barton-Wright
Ms V J Barton-Wright
Mrs S D Plampton
Mrs A J Powell
P S Rimmer
P D Rudd
S Webster





REGISTERED OFFICE: Rutland House
90-92 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ





REGISTERED NUMBER: 02845229 (England and Wales)





ACCOUNTANTS: Goldwyns Limited
Chartered Accountants
Rutland House
90-92 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ

WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 02845229)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,140 83,208

CURRENT ASSETS
Debtors 864,780 663,792
Cash at bank and in hand 474,352 680,817
1,339,132 1,344,609
CREDITORS
Amounts falling due within one year 919,739 923,529
NET CURRENT ASSETS 419,393 421,080
TOTAL ASSETS LESS CURRENT
LIABILITIES

488,533

504,288

PROVISIONS FOR LIABILITIES 3,760 6,730
NET ASSETS 484,773 497,558

CAPITAL AND RESERVES
Called up share capital 6 5,000 5,000
Retained earnings 479,773 492,558
SHAREHOLDERS' FUNDS 484,773 497,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 02845229)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2024


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 Statement of Financial Position for the year ended 30 June 2024 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 Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





R D Powell - Director


WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 02845229)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Wrightsure Services (Hampshire) 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.

The company's place of business differs to its registered office and is located in Fareham.

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.

These financial statements have been prepared in accordance with applicable accounting standards. The significant accounting policies adopted are described below.


Turnover
Turnover represents brokerage and other commissions which are taken to credit when debit or fee notes are issued irrespective of the inception date or period of insurance. Alterations in brokerage arising from return premiums, additional premiums or adjustments are taken into account as and when these occur.

Other operating income
Includes bank interest received on clients funds which the company is entitled to retain.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Insurance creditors
Insurance creditors include amounts due from or to each party with whom the company settles in the normal course of business.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 19 ) .

WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 02845229)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 125,310
Additions 11,139
Disposals (1,445 )
At 30 June 2024 135,004
DEPRECIATION
At 1 July 2023 42,102
Charge for year 25,207
Eliminated on disposal (1,445 )
At 30 June 2024 65,864
NET BOOK VALUE
At 30 June 2024 69,140
At 30 June 2023 83,208

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 24,575 24,575
Between one and five years - 24,575
24,575 49,150

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5,000 Ordinary £1 5,000 5,000

7. PENSION COMMITMENTS

The company operates a defined contribution scheme in respect of its eligible employees. During the year, total contributions to this scheme amounted to £74,894 (2023 - £45,641). There were no contributions outstanding at the balance sheet date (2023 - £2,698).

8. RELATED PARTY DISCLOSURES

The company undertook the following transactions with, and had balances owed at the balance sheet date, with entities under the control of key management personnel:
20242023
££
Rent paid during year27,30025,200
Purchases9055,739
Balance at year end150,0003,000
Interest on loan21,50015,000


WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 02845229)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. RELATED PARTY DISCLOSURES - continued

At 30 June 2024 the directors consider the ultimate holding company to be Wrightsure Services Limited, a company registered in England and Wales.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WRIGHTSURE SERVICES (HAMPSHIRE) LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wrightsure Services (Hampshire) Limited for the year ended 30 June 2024 which comprise the Income Statement, Abridged Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Wrightsure Services (Hampshire) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wrightsure Services (Hampshire) Limited and state those matters that we have agreed to state to the Board of Directors of Wrightsure Services (Hampshire) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wrightsure Services (Hampshire) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Wrightsure Services (Hampshire) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wrightsure Services (Hampshire) Limited. You consider that Wrightsure Services (Hampshire) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wrightsure Services (Hampshire) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goldwyns Limited
Chartered Accountants
Rutland House
90-92 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ


31 October 2024