Company Registration No. 14039940 (England and Wales)
Wrightstyle Systems Ltd
Unaudited accounts
for the year ended 30 April 2025
Wrightstyle Systems Ltd
Unaudited accounts
Contents
Wrightstyle Systems Ltd
Company Information
for the year ended 30 April 2025
Director
Mr Hercules Van Heerden
Company Number
14039940 (England and Wales)
Registered Office
Unit 9 193 Garth Road
Morden
SM4 4LZ
England
Accountants
Blythe & Co
41 Oldfields Road
Sutton
Surrey
SM1 2NB
Wrightstyle Systems Ltd
Statement of financial position
as at 30 April 2025
Intangible assets
3,738
5,324
Tangible assets
17,135
21,850
Inventories
219,500
228,158
Cash at bank and in hand
4,747
88,830
Creditors: amounts falling due within one year
(403,664)
(356,474)
Net current (liabilities)/assets
(154,542)
49,171
Net (liabilities)/assets
(133,669)
76,345
Called up share capital
100
100
Profit and loss account
(133,769)
76,245
Shareholders' funds
(133,669)
76,345
For the year ending 30 April 2025 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 25 June 2025 and were signed on its behalf by
Mr Hercules Van Heerden
Director
Company Registration No. 14039940
Wrightstyle Systems Ltd
Notes to the Accounts
for the year ended 30 April 2025
Wrightstyle Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 14039940. The registered office is Unit 9 193 Garth Road, Morden, SM4 4LZ, 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:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Patent & Licences: 25% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Wrightstyle Systems Ltd
Notes to the Accounts
for the year ended 30 April 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
11,281
70,984
Accrued income and prepayments
13,494
17,573
Wrightstyle Systems Ltd
Notes to the Accounts
for the year ended 30 April 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
145,735
139,993
Taxes and social security
3,875
61,914
Loans from directors
251,069
151,069
8
Average number of employees
During the year the average number of employees was 8 (2024: 8).