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REGISTERED NUMBER: 01344634 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2024 |

| for |

| Wrightpart Limited |

| Wrightpart Limited (Registered number: 01344634) |

Contents of the Financial Statements

for the Year Ended 31 December 2024

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 8

| Wrightpart Limited |

Company Information

for the Year Ended 31 December 2024

| DIRECTORS: | S J Wright

| D J Clack

| SECRETARY: | D J Clack

| REGISTERED OFFICE: | 23 Farthing Road

| Ipswich

| Suffolk

| IP1 5AP

| REGISTERED NUMBER: | 01344634 (England and Wales)

| ACCOUNTANTS: | Knights Lowe

| The Barn

| 11 Bury Road

| Thetford

| Norfolk

| IP24 3PJ

| Wrightpart Limited (Registered number: 01344634) |

Balance Sheet

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 172,550 |  | 97,385 |  |

CURRENT ASSETS

Stocks | 498,681 |  | 478,166 |  |

Debtors | 5 | 953,025 |  | 1,072,920 |  |

Cash at bank | 257,710 |  | 303,190 |  |

1,709,416 |  | 1,854,276 |  |

CREDITORS

Amounts falling due within one year | 6 | 465,300 |  | 568,674 |  |

NET CURRENT ASSETS | 1,244,116 |  | 1,285,602 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,416,666 |  | 1,382,987 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (21,379 | ) | (23,981 | ) |

PROVISIONS FOR LIABILITIES | 10 | (42,629 | ) | (23,748 | ) |

NET ASSETS | 1,352,658 |  | 1,335,258 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 1,000 |  | 1,000 |  |

Retained earnings | 1,351,658 |  | 1,334,258 |  |

SHAREHOLDERS' FUNDS | 1,352,658 |  | 1,335,258 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| Wrightpart Limited (Registered number: 01344634) |

Balance Sheet - continued

31 December 2024

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:

S J Wright - Director

| Wrightpart Limited (Registered number: 01344634) |

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Wrightpart 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover is recognised when the significant risks and rewards of ownership of the sale of goods has transferred to the buyer.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Improvements to property | - | 10% on cost

| Plant and machinery | - | 15% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from banks or other related parties.

| Basic financial instruments are measured at cost and are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Wrightpart Limited (Registered number: 01344634) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occured at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

| Deferred tax is measured on an undiscounted basis at the rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

| Impairment

| At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in profit and loss.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 19 (2023 - 19 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2024 | 282,659 |  |

| Additions | 120,830 |  |

| Disposals | (74,556 | ) |

| At 31 December 2024 | 328,933 |  |

| DEPRECIATION

| At 1 January 2024 | 185,274 |  |

| Charge for year | 45,660 |  |

| Eliminated on disposal | (74,551 | ) |

| At 31 December 2024 | 156,383 |  |

| NET BOOK VALUE

| At 31 December 2024 | 172,550 |  |

| At 31 December 2023 | 97,385 |  |

| Wrightpart Limited (Registered number: 01344634) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2024 | 107,568 |  |

| Additions | 23,052 |  |

| Transfer to ownership | (15,135 | ) |

| At 31 December 2024 | 115,485 |  |

| DEPRECIATION

| At 1 January 2024 | 55,448 |  |

| Charge for year | 30,599 |  |

| Transfer to ownership | (15,135 | ) |

| At 31 December 2024 | 70,912 |  |

| NET BOOK VALUE

| At 31 December 2024 | 44,573 |  |

| At 31 December 2023 | 52,120 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 388,470 |  | 478,644 |  |

| Amounts owed by group undertaking | 544,284 |  | 574,284 |  |

| Other debtors | 20,271 |  | 19,992 |  |

953,025 |  | 1,072,920 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Hire purchase contracts (see note 8) | 20,288 |  | 22,454 |  |

| Trade creditors | 320,903 |  | 385,102 |  |

| Taxation and social security | 81,063 |  | 115,632 |  |

| Other creditors | 43,046 |  | 45,486 |  |

465,300 |  | 568,674 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Hire purchase contracts (see note 8) | 21,379 |  | 23,981 |  |

| Wrightpart Limited (Registered number: 01344634) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2024 | 2023 |

£ | £ |

| Net obligations repayable:

| Within one year | 20,288 |  | 22,454 |  |

| Between one and five years | 21,379 |  | 23,981 |  |

41,667 |  | 46,435 |  |

| Non-cancellable |

| operating leases |

2024 | 2023 |

£ | £ |

| Within one year | 29,291 |  | 24,447 |  |

| Between one and five years | 98,894 |  | 111,288 |  |

| In more than five years | - |  | 12,810 |  |

128,185 |  | 148,545 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Hire purchase contracts | 41,667 |  | 46,435 |  |

10. | PROVISIONS FOR LIABILITIES

2024 | 2023 |

£ | £ |

| Deferred tax

| Capital allowances in excess of depreciation | 42,629 |  | 23,748 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 23,748 |  |

| Provided during year | 18,881 |  |

| Balance at 31 December 2024 | 42,629 |  |

| Wrightpart Limited (Registered number: 01344634) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |

12. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Wrightpart Holdings Limited.

| Registered office:

| 23 Farthing Road

| Ipswich

| Suffolk

| IP1 5AP