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Company Registration No. 13678953 (England and Wales)
Rl Wright Limited Unaudited accounts for the year ended 31 July 2024
Rl Wright Limited Unaudited accounts Contents
Page
- 2 -
Rl Wright Limited Company Information for the year ended 31 July 2024
Directors
Livia WRIGHT Rhys WRIGHT
Company Number
13678953 (England and Wales)
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Rl Wright Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
671,123 
343,892 
Investments
3,000 
1,000 
674,123 
344,892 
Current assets
Cash at bank and in hand
86,903 
9,159 
Creditors: amounts falling due within one year
(114,520)
(117,150)
Net current liabilities
(27,617)
(107,991)
Total assets less current liabilities
646,506 
236,901 
Creditors: amounts falling due after more than one year
(545,951)
(258,467)
Net assets/(liabilities)
100,555 
(21,566)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
144,178 
- 
Profit and loss account
(43,624)
(21,567)
Shareholders' funds
100,555 
(21,566)
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by
Rhys WRIGHT Director Company Registration No. 13678953
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Rl Wright Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Rl Wright Limited is a private company, limited by shares, registered in England and Wales, registration number 13678953.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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
Investment property
2024 
£ 
Fair value at 1 August 2023
343,892 
Additions
183,053 
Net gain from fair value adjustments
144,178 
At 31 July 2024
671,123 
5
Investments
Other investments 
£ 
Valuation at 1 August 2023
1,000 
Additions
2,000 
Valuation at 31 July 2024
3,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
31,260 
1,250 
Loans from directors
82,540 
115,180 
Accruals
720 
720 
114,520 
117,150 
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Rl Wright Limited Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
495,951 
258,467 
Other creditors
50,000 
- 
545,951 
258,467 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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