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REGISTERED NUMBER: 00756745 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

THE WRIGHT PARTNERSHIP LIMITED

THE WRIGHT PARTNERSHIP LIMITED (REGISTERED NUMBER: 00756745)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE WRIGHT PARTNERSHIP LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: D P Coskie
C Coskie





SECRETARY: C Coskie





REGISTERED OFFICE: The Old Workshop
1 Ecclesall Road South
Sheffield
S11 9PA





REGISTERED NUMBER: 00756745 (England and Wales)





ACCOUNTANTS: Brown McLeod Limited
Chartered Accountants
The Old Workshop
1 Ecclesall Road South
Sheffield
South Yorkshire
S11 9PA

THE WRIGHT PARTNERSHIP LIMITED (REGISTERED NUMBER: 00756745)

BALANCE SHEET
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 11,124 13,024
Tangible assets 5 1,055 1,407
12,179 14,431

CURRENT ASSETS
Debtors 6 35,976 21,150
Cash at bank 804,184 763,413
840,160 784,563
CREDITORS
Amounts falling due within one
year

7

103,288

140,851
NET CURRENT ASSETS 736,872 643,712
TOTAL ASSETS LESS CURRENT
LIABILITIES

749,051

658,143

PROVISIONS FOR LIABILITIES 264 267
NET ASSETS 748,787 657,876

CAPITAL AND RESERVES
Called up share capital 175,126 175,126
Capital redemption reserve 146,045 146,045
Retained earnings 427,616 336,705
748,787 657,876

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

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

THE WRIGHT PARTNERSHIP LIMITED (REGISTERED NUMBER: 00756745)

BALANCE SHEET - continued
30 April 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 6 January 2025 and were signed on its behalf by:





D P Coskie - Director


THE WRIGHT PARTNERSHIP LIMITED (REGISTERED NUMBER: 00756745)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

The Wright Partnership 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.

Intangible assets
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Debenture - straight line over 10 years

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

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.

THE WRIGHT PARTNERSHIP LIMITED (REGISTERED NUMBER: 00756745)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023
and 30 April 2024 19,000
AMORTISATION
At 1 May 2023 5,976
Charge for year 1,900
At 30 April 2024 7,876
NET BOOK VALUE
At 30 April 2024 11,124
At 30 April 2023 13,024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 3,837
DEPRECIATION
At 1 May 2023 2,430
Charge for year 352
At 30 April 2024 2,782
NET BOOK VALUE
At 30 April 2024 1,055
At 30 April 2023 1,407

THE WRIGHT PARTNERSHIP LIMITED (REGISTERED NUMBER: 00756745)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 21,840 13,795
Other debtors 14,136 7,355
35,976 21,150

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 48 -
Taxation and social security 29,705 28,265
Other creditors 73,535 112,586
103,288 140,851

8. FINANCIAL INSTRUMENTS

Debtors and Creditors with no stated interest rate, and repayable within one year are recorded at transaction price.
Any losses arising from impairment are recognised in the income statement in administrative expenses.