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REGISTERED NUMBER: 02851567 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Wrightway Trouble Shooting Limited

Wrightway Trouble Shooting Limited (Registered number: 02851567)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Wrightway Trouble Shooting Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mr W Wright





REGISTERED OFFICE: 7 Regent Street
Kingswood
Bristol
BS15 8JX





REGISTERED NUMBER: 02851567 (England and Wales)





ACCOUNTANTS: Norton Tax Shops Limited
3 & 5 Station Road
Keynsham
Bristol
BS31 2BH

Wrightway Trouble Shooting Limited (Registered number: 02851567)

Abridged Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 170,000 170,000
Investments 5 33,943 26,925
203,943 196,925

CURRENT ASSETS
Debtors 41,725 41,725
Cash at bank 4,363 3,132
46,088 44,857
CREDITORS
Amounts falling due within one year 47,221 51,070
NET CURRENT LIABILITIES (1,133 ) (6,213 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,810

190,712

CREDITORS
Amounts falling due after more than one year (164,247 ) (163,247 )

PROVISIONS FOR LIABILITIES 6 (13,806 ) (9,159 )
NET ASSETS 24,757 18,306

CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair value reserve 8 41,420 39,048
Retained earnings (16,763 ) (20,842 )
SHAREHOLDERS' FUNDS 24,757 18,306

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

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

Wrightway Trouble Shooting Limited (Registered number: 02851567)

Abridged Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 1 November 2024 and were signed by:





Mr W Wright - Director


Wrightway Trouble Shooting Limited (Registered number: 02851567)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Wrightway Trouble Shooting 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 as modified by the revaluation of certain assets.

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.
Freehold property - not provided

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Wrightway Trouble Shooting Limited (Registered number: 02851567)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 October 2023
and 30 September 2024 170,000
NET BOOK VALUE
At 30 September 2024 170,000
At 30 September 2023 170,000

Cost or valuation at 30 September 2024 is represented by:

Totals
£   
Valuation in 2020 15,757
Valuation in 2021 6,000
Valuation in 2022 3,750
Valuation in 2023 22,373
Cost 122,120
170,000

If freehold property had not been revalued it would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 122,120 122,120

Freehold land and buildings were revalued by the Director.

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 October 2023 26,925
Revaluations 7,018
At 30 September 2024 33,943
NET BOOK VALUE
At 30 September 2024 33,943
At 30 September 2023 26,925

Wrightway Trouble Shooting Limited (Registered number: 02851567)

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

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 September 2024 is represented by:
Totals
£   
Valuation in 2020 (3,219 )
Valuation in 2021 (1,783 )
Valuation in 2022 4,719
Valuation in 2023 611
Valuation in 2024 7,018
Cost 26,597
33,943

If fixed asset investments had not been revalued they would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 26,597 26,597

Fixed asset investments were revalued by the Director.

6. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax 13,806 9,159

Deferred
tax
£   
Balance at 1 October 2023 9,159
Charge to Income Statement during year 4,647
Balance at 30 September 2024 13,806

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 Shares £1 100 100

Wrightway Trouble Shooting Limited (Registered number: 02851567)

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

8. RESERVES
Fair
value
reserve
£   
At 1 October 2023 39,048
Movement in year 2,372

At 30 September 2024 41,420

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
Mr W Wright
Balance outstanding at start of year (6,476 ) (6,476 )
Amounts repaid 4,652 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,824 ) (6,476 )