2023-09-012024-08-312024-08-31false10134826The Wright Education 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The Wright Education Limited

Registered Number
10134826
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

The Wright Education Limited
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

Sandra Wright

Company Secretary

YOUNG, Alesha

Registered Address

41 Tylney Road
London
E7 0LS

Registered Number

10134826 (England and Wales)
The Wright Education Limited
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3-239
-239
Current assets
Cash at bank and on hand21,65313,365
21,65313,365
Creditors amounts falling due within one year4(21,143)(12,515)
Net current assets (liabilities)510850
Total assets less current liabilities5101,089
Provisions for liabilities-(45)
Net assets5101,044
Capital and reserves
Called up share capital200200
Profit and loss account310844
Shareholders' funds5101,044
The financial statements were approved and authorised for issue by the Director on 27 January 2025, and are signed on its behalf by:
Sandra Wright
Director
Registered Company No. 10134826
The Wright Education Limited
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The Wright Education Limited is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value-added taxes.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Fixtures and fittings - 33% on cost
2.Average number of employees

20242023
Average number of employees during the year85
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 September 232,785
At 31 August 242,785
Depreciation and impairment
At 01 September 232,546
Charge for year239
At 31 August 242,785
Net book value
At 31 August 24-
At 31 August 23239
4.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties18,0518,553
Taxation and social security2721,263
Accrued liabilities and deferred income2,8202,699
Total21,14312,515
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.