WRIGHT AUTO REPAIR LTD

Company Registration Number:
SC744259 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

WRIGHT AUTO REPAIR LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

WRIGHT AUTO REPAIR LTD

Company Information

for the Period Ended 30 September 2024




Director: Stewart Wright
Registered office: 10
Commercial Road
Hawick
GBR
TD9 7AQ
Company Registration Number: SC744259 (Scotland)

WRIGHT AUTO REPAIR LTD

Balance sheet

As at 30 September 2024


Notes

2024
£
13 months to
30 Sep 2023
£
Fixed assets
Tangible assets: 4 12,797 13,730
Total fixed assets: 12,797 13,730
Current assets
Debtors: 8,218 1,926
Cash at bank and in hand: 2,158 3,138
Total current assets: 10,376 5,064
Creditors: amounts falling due within one year: ( 101,494 ) ( 14,544 )
Net current assets (liabilities): ( 91,118 ) ( 9,480 )
Total assets less current liabilities: ( 78,321 ) 4,250
Creditors: amounts falling due after more than one year: ( 6,440 )
Total net assets (liabilities): ( 78,321 ) ( 2,190 )

The notes form part of these financial statements

WRIGHT AUTO REPAIR LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£
13 months to
30 Sep 2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 78,322 ) ( 2,191 )
Shareholders funds: ( 78,321 ) ( 2,190 )

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 March 2025
And Signed On Behalf Of The Board By:

Name: Stewart Wright
Status: Director

The notes form part of these financial statements

WRIGHT AUTO REPAIR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: 20 per cent straight line

WRIGHT AUTO REPAIR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024
    13 months to
    30 Sep 2023
    Average number of employees during the period 1 1

WRIGHT AUTO REPAIR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

WRIGHT AUTO REPAIR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 17,163
Additions 3,000
Disposals -
Revaluations -
Transfers -
At 30 September 2024 20,163
Depreciation
At 01 October 2023 3,433
Charge for year 3,933
On disposals -
Other adjustments -
At 30 September 2024 7,366
Net book value
At 30 September 2024 12,797
At 30 September 2023 13,730