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REGISTERED NUMBER: 10741907 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2024

for

Pump Wright Ltd

Pump Wright Ltd (Registered number: 10741907)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pump Wright Ltd

Company Information
for the Year Ended 30th April 2024







DIRECTOR: S Wright





SECRETARY:





REGISTERED OFFICE: Old Station Yard
Avon Mill Lane
Keynsham
Bristol
BS31 2UG





REGISTERED NUMBER: 10741907 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

Pump Wright Ltd (Registered number: 10741907)

Balance Sheet
30th April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,813,878 571,022

CURRENT ASSETS
Stocks 63,618 41,947
Debtors 5 273,159 226,156
Cash at bank 29,028 85,615
365,805 353,718
CREDITORS
Amounts falling due within one year 6 (634,636 ) (308,106 )
NET CURRENT (LIABILITIES)/ASSETS (268,831 ) 45,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,545,047

616,634

CREDITORS
Amounts falling due after more than one
year

7

(1,298,223

)

(378,053

)

PROVISIONS FOR LIABILITIES (40,202 ) (72,516 )
NET ASSETS 206,622 166,065

CAPITAL AND RESERVES
Called up share capital 3 2
Retained earnings 206,619 166,063
206,622 166,065

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

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

The director acknowledges his 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.

Pump Wright Ltd (Registered number: 10741907)

Balance Sheet - continued
30th 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 director and authorised for issue on 25th January 2025 and were signed by:





S Wright - Director


Pump Wright Ltd (Registered number: 10741907)

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Pump Wright Ltd 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.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

Pump Wright Ltd (Registered number: 10741907)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st May 2023 842,639
Additions 1,676,165
Disposals (352,417 )
At 30th April 2024 2,166,387
DEPRECIATION
At 1st May 2023 271,617
Charge for year 198,975
Eliminated on disposal (118,083 )
At 30th April 2024 352,509
NET BOOK VALUE
At 30th April 2024 1,813,878
At 30th April 2023 571,022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 149,467 132,930
Other debtors 123,692 93,226
273,159 226,156

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 25,655 61,905
Hire purchase contracts 424,718 186,116
Trade creditors 31,521 54,335
Taxation and social security 1,507 2,489
Other creditors 151,235 3,261
634,636 308,106

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 1,298,223 378,053

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £38,000 (2023 - £38,000) were paid to the director .