MICHAEL WRIGHT & SON LTD


Director	WRIGHT, Mark, Mr.


Company Secretary	WRIGHT, Karen


Registered Address	Farfield Street
	Cleckheaton
	BD19 3TX


Registered Number	08873903 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		-		11,822
Tangible assets	4		96,737		46,179
			96,737		58,001
Current assets
Stocks		1,444		1,348
Debtors	5	10,254		21,100
Cash at bank and on hand		201,190		234,690
		212,888		257,138
Creditors amounts falling due within one year	6	(96,423)		(132,243)
Net current assets (liabilities)			116,465		124,895
Total assets less current liabilities			213,202		182,896
Net assets			213,202		182,896
Capital and reserves
Called up share capital			100		100
Profit and loss account			213,102		182,796
Shareholders' funds			213,202		182,896

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 December 2025, and are signed on its behalf by:

WRIGHT, Mark, Mr.
Director
Registered Company No. 08873903

MICHAEL WRIGHT & SON LTD

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.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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.

	Current taxation
	Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Current taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Goodwill
	Goodwill, recognised on the incorporation of the business in 2014, was estimated to have a remaining useful life of 10 years on 1 April 2015 on transition to Financial Reporting Standard 102 and is being amortised evenly over this period.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


	Reducing balance (%)	Straight line (years)
Plant and machinery	15	-
Fixtures and fittings	15	-
Vehicles	25	-
Office Equipment	-	3

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

2.	Average number of employees


		2025		2024
	Average number of employees during the year	9		7

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	125,000	125,000
At 31 March 25	125,000	125,000
Amortisation and impairment
At 01 April 24	113,178	113,178
Charge for year	11,822	11,822
At 31 March 25	125,000	125,000
Net book value
At 31 March 25	-	-
At 31 March 24	11,822	11,822

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	24,816	97,575	15,142	6,611	144,144
Additions	-	65,727	-	849	66,576
Disposals	-	(50,000)	-	-	(50,000)
At 31 March 25	24,816	113,302	15,142	7,460	160,720
Depreciation and impairment
At 01 April 24	18,926	64,181	8,917	5,941	97,965
Charge for year	884	10,948	934	618	13,384
On disposals	-	(47,366)	-	-	(47,366)
At 31 March 25	19,810	27,763	9,851	6,559	63,983
Net book value
At 31 March 25	5,006	85,539	5,291	901	96,737
At 31 March 24	5,890	33,394	6,225	670	46,179

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	10,254	21,100
Total	10,254	21,100

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	20,600	26,871
Other creditors	75,823	105,372
Total	96,423	132,243

7.	Directors advances, credits and guarantees
	Included within creditors: amounts falling due within one year were loans from the directors of £62,201 (2024: £81,973). The loans were interest free, with no fixed date for repayment.