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Company Registration No. 13341092 (England and Wales)
Wright Medics Limited Unaudited accounts for the year ended 30 April 2024
Wright Medics Limited Unaudited accounts Contents
Page
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Wright Medics Limited Company Information for the year ended 30 April 2024
Directors
S Wright C J Boden-Hook D R Boden-Hook P Haywood
Company Number
13341092 (England and Wales)
Registered Office
The Medicentre Carlton Forest, Red Lane, Off Blyth Road Worksop Nottinghamshire S81 8BP United Kingdom
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Wright Medics Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,785 
9,288 
Current assets
Debtors
35,980 
15,831 
Cash at bank and in hand
8,051 
27,655 
44,031 
43,486 
Creditors: amounts falling due within one year
(20,468)
(18,791)
Net current assets
23,563 
24,695 
Net assets
30,348 
33,983 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
30,248 
33,883 
Shareholders' funds
30,348 
33,983 
For the year ending 30 April 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 January 2025 and were signed on its behalf by
D R Boden-Hook Director Company Registration No. 13341092
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Wright Medics Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Wright Medics Limited is a private company, limited by shares, registered in England and Wales, registration number 13341092. The registered office is The Medicentre, Carlton Forest, Red Lane, Off Blyth Road, Worksop, Nottinghamshire, S81 8BP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Motor vehicles
25%
Computer equipment
33%
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Wright Medics Limited Notes to the Accounts for the year ended 30 April 2024
Taxation
The current income tax charged is calculated on the basis of the tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
3,710 
9,063 
2,467 
15,240 
Additions
- 
- 
1,819 
1,819 
At 30 April 2024
3,710 
9,063 
4,286 
17,059 
Depreciation
At 1 May 2023
908 
3,777 
1,267 
5,952 
Charge for the year
742 
2,266 
1,314 
4,322 
At 30 April 2024
1,650 
6,043 
2,581 
10,274 
Net book value
At 30 April 2024
2,060 
3,020 
1,705 
6,785 
At 30 April 2023
2,802 
5,286 
1,200 
9,288 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
34,946 
15,831 
Accrued income and prepayments
1,034 
- 
35,980 
15,831 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8,736 
9,734 
Taxes and social security
11,113 
8,015 
Other creditors
619 
1,042 
20,468 
18,791 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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