Company Registration No. 10272284 (England and Wales)
A Wright Property Limited
Unaudited accounts
for the year ended 30 June 2024
A Wright Property Limited
Unaudited accounts
Contents
A Wright Property Limited
Company Information
for the year ended 30 June 2024
Company Number
10272284 (England and Wales)
Registered Office
1 Duffield Road
Derby
Derbyshire
DE1 3BB
England
A Wright Property Limited
Statement of financial position
as at 30 June 2024
Tangible assets
132,690
93,533
Investment property
997,696
997,696
Cash at bank and in hand
244,723
8,277
Creditors: amounts falling due within one year
(156,714)
(912,075)
Net current assets/(liabilities)
1,078,927
(653,698)
Total assets less current liabilities
10,618,793
437,531
Creditors: amounts falling due after more than one year
(10,165,800)
-
Net assets
452,993
437,531
Called up share capital
100
100
Profit and loss account
452,893
437,431
Shareholders' funds
452,993
437,531
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 17 March 2025 and were signed on its behalf by
Anthony Wright
Director
Company Registration No. 10272284
A Wright Property Limited
Notes to the Accounts
for the year ended 30 June 2024
A Wright Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10272284. The registered office is 1 Duffield Road, Derby, Derbyshire, DE1 3BB, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
-
84,513
28,508
113,021
Additions
61,888
-
-
61,888
At 30 June 2024
61,888
84,513
28,508
174,909
At 1 July 2023
-
-
19,488
19,488
Charge for the year
4,352
12,677
5,702
22,731
At 30 June 2024
4,352
12,677
25,190
42,219
At 30 June 2024
57,536
71,836
3,318
132,690
At 30 June 2023
-
84,513
9,020
93,533
Fair value at 1 July 2023
997,696
A Wright Property Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Investments
Other investments
Valuation at 1 July 2023
-
Valuation at 30 June 2024
8,409,480
Amounts falling due within one year
Other debtors
980,040
250,100
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,088
19,394
Other creditors
148,626
891,617
9
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
10,165,800
-
10
Average number of employees
During the year the average number of employees was 2 (2023: 0).