2024-04-012025-03-312025-03-31false05049276R. J. WRIGHT 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R. J. WRIGHT LIMITED

Registered Number
05049276
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

R. J. WRIGHT LIMITED
Company Information
for the year from 1 April 2024 to 31 March 2025

Directors

WRIGHT, Deborah
WRIGHT, George Robert

Registered Address

Fendyke House
New Fen Dyke Sutton St James
Spalding
PE12 0LQ

Registered Number

05049276 (England and Wales)
R. J. WRIGHT LIMITED
Balance Sheet as at
31 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets31,242,0011,168,633
1,242,0011,168,633
Current assets
Debtors1,781,8691,210,462
Cash at bank and on hand636,344276,573
2,418,2131,487,035
Creditors amounts falling due within one year4(919,056)(525,133)
Net current assets (liabilities)1,499,157961,902
Total assets less current liabilities2,741,1582,130,535
Net assets2,741,1582,130,535
Capital and reserves
Called up share capital1,0001,000
Profit and loss account2,740,1582,129,535
Shareholders' funds2,741,1582,130,535
The financial statements were approved and authorised for issue by the Board of Directors on 5 August 2025, and are signed on its behalf by:
WRIGHT, Deborah
Director
Registered Company No. 05049276
R. J. WRIGHT LIMITED
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery20
Vehicles25
Office Equipment20
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20252024
Average number of employees during the year75
3.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Office Equipment

Total

£££££
Cost or valuation
At 01 April 2493,2891,639,893767,6861,8072,502,675
Additions-373,609--373,609
At 31 March 2593,2892,013,502767,6861,8072,876,284
Depreciation and impairment
At 01 April 2419,289679,959634,4333611,334,042
Charge for year-266,63933,313289300,241
At 31 March 2519,289946,598667,7466501,634,283
Net book value
At 31 March 2574,0001,066,90499,9401,1571,242,001
At 31 March 2474,000959,934133,2531,4461,168,633
4.Creditors: amounts due within one year

2025

2024

££
Trade creditors / trade payables397,363439,841
Bank borrowings and overdrafts-394
Taxation and social security331,75584,609
Finance lease and HP contracts124,135-
Other creditors802289
Accrued liabilities and deferred income65,001-
Total919,056525,133
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year