Wright Property Renovations Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13454610

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	4,000		-
Debtors	5	10,850		9,900
Cash at bank and in hand		64		2

		14,914		9,902
Creditors: Amounts Falling Due Within One Year	6	(9,695 )		(10,201 )

NET CURRENT ASSETS (LIABILITIES)			5,219		(299 )

TOTAL ASSETS LESS CURRENT LIABILITIES			5,219		(299 )

NET ASSETS/(LIABILITIES)			5,219		(299 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			5,119		(399 )

SHAREHOLDERS' FUNDS			5,219		(299)

For the year ending 31 March 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S R Wright

Director

23/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Wright Property Renovations Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13454610 . The registered office is East End Farmhouse, East Street, Kilham, Driffield, East Yorkshire, YO25 4SG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors’ best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

2.3. Turnover

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably and when the specific criteria relating to each of the company’s sales channels have been

met, as described below.

The company provides property renovation services, these services are provided on a time and material basis.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Stocks

	2025	2024
	£	£
Stock	4,000	-

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Wright Property Renovations Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	10,850	9,900

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	8,414	10,073
Taxation and social security	1,281	128

	9,695	10,201

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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