IRIS Accounts Production v24.2.0.383 12452551 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124525512023-02-28124525512024-02-29124525512023-03-012024-02-29124525512022-02-28124525512022-03-012023-02-28124525512023-02-2812452551ns15:EnglandWales2023-03-012024-02-2912452551ns14:PoundSterling2023-03-012024-02-2912452551ns10:Director12023-03-012024-02-2912452551ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2912452551ns10:SmallEntities2023-03-012024-02-2912452551ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2912452551ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2912452551ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2912452551ns10:FullAccounts2023-03-012024-02-2912452551ns10:Director22023-03-012024-02-2912452551ns10:RegisteredOffice2023-03-012024-02-2912452551ns5:CurrentFinancialInstruments2024-02-2912452551ns5:CurrentFinancialInstruments2023-02-2812452551ns5:ShareCapital2024-02-2912452551ns5:ShareCapital2023-02-2812452551ns5:RetainedEarningsAccumulatedLosses2024-02-2912452551ns5:RetainedEarningsAccumulatedLosses2023-02-2812452551ns5:FurnitureFittings2023-03-012024-02-2912452551ns5:MotorVehicles2023-03-012024-02-2912452551ns5:ComputerEquipment2023-03-012024-02-2912452551ns5:FurnitureFittings2023-02-2812452551ns5:MotorVehicles2023-02-2812452551ns5:ComputerEquipment2023-02-2812452551ns5:FurnitureFittings2024-02-2912452551ns5:MotorVehicles2024-02-2912452551ns5:ComputerEquipment2024-02-2912452551ns5:FurnitureFittings2023-02-2812452551ns5:MotorVehicles2023-02-2812452551ns5:ComputerEquipment2023-02-2812452551ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2912452551ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2812452551ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-02-2912452551ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-02-28
REGISTERED NUMBER: 12452551 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

JS Wrights & Co. Limited

JS Wrights & Co. Limited (Registered number: 12452551)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JS Wrights & Co. Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mrs L Jiang
M Shi





REGISTERED OFFICE: 25 Cabot Square
Canary Wharf
London
E14 4QZ





REGISTERED NUMBER: 12452551 (England and Wales)





ACCOUNTANTS: Londongate Accountancy Ltd
124 City Road
London
EC1V 2NX

JS Wrights & Co. Limited (Registered number: 12452551)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,478 33,690

CURRENT ASSETS
Debtors 5 137,289 176,824
Cash at bank 11,627 7,569
148,916 184,393
CREDITORS
Amounts falling due within one year 6 3,986 46,857
NET CURRENT ASSETS 144,930 137,536
TOTAL ASSETS LESS CURRENT
LIABILITIES

175,408

171,226

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 75,408 71,226
SHAREHOLDERS' FUNDS 175,408 171,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

JS Wrights & Co. Limited (Registered number: 12452551)

Balance Sheet - continued
29 February 2024


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 Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





M Shi - Director


JS Wrights & Co. Limited (Registered number: 12452551)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

JS Wrights & Co. 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.

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
Motor vehicles - 20% on cost
Computer equipment - 20% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

JS Wrights & Co. Limited (Registered number: 12452551)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 4,268 35,028 8,899 48,195
Additions 2,373 - 1,507 3,880
At 29 February 2024 6,641 35,028 10,406 52,075
DEPRECIATION
At 1 March 2023 1,097 11,201 2,207 14,505
Charge for year 927 4,765 1,400 7,092
At 29 February 2024 2,024 15,966 3,607 21,597
NET BOOK VALUE
At 29 February 2024 4,617 19,062 6,799 30,478
At 28 February 2023 3,171 23,827 6,692 33,690

5. DEBTORS
29.2.24 28.2.23
£    £   
Amounts falling due within one year:
Trade debtors 27,224 27,224
Other debtors 18,906 -
46,130 27,224

Amounts falling due after more than one year:
Other debtors 91,159 149,600

Aggregate amounts 137,289 176,824

JS Wrights & Co. Limited (Registered number: 12452551)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 2,338 -
Trade creditors - 1,678
Taxation and social security 1,648 9,346
Other creditors - 35,833
3,986 46,857