Company registration number:
01701301
Thomas Wright (Holdings) Limited
Unaudited filleted financial statements
For the year ended
31 December 2025
Thomas Wright (Holdings) Limited
Contents
Statement of financial position
Notes to the financial statements
Thomas Wright (Holdings) Limited
Statement of financial position
31 December 2025
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2025 |
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2024 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Investment property |
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2,757,000 |
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2,711,000 |
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________ |
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________ |
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2,757,000 |
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2,711,000 |
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Current assets |
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Debtors |
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3 |
64,137 |
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59,512 |
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Cash at bank and in hand |
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203,660 |
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184,201 |
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________ |
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________ |
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267,797 |
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243,713 |
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Creditors: amounts falling due |
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within one year |
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4 |
(
52,164) |
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(
35,468) |
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________ |
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________ |
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Net current assets |
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215,633 |
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208,245 |
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________ |
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________ |
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Total assets less current liabilities |
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2,972,633 |
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2,919,245 |
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Provisions for liabilities |
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Deferred taxation |
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(
377,040) |
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(
365,540) |
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________ |
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________ |
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Net assets |
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2,595,593 |
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2,553,705 |
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________ |
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________ |
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Capital and reserves |
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Called up share capital |
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100 |
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100 |
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Fair value reserve |
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5 |
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2,272,586 |
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2,238,086 |
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Profit and loss account |
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5 |
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322,907 |
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315,519 |
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________ |
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________ |
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Shareholders funds |
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2,595,593 |
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2,553,705 |
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________ |
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________ |
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For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
08 May 2026
, and are signed on behalf of the board by:
Mr B C Wright
Director
Company registration number:
01701301
Thomas Wright (Holdings) Limited
Notes to the financial statements
Year ended 31 December 2025
1.
Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS 102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Provisions
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.
Defined contribution plans
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in comprehensive income when due.
2.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2024:
2
).
3.
Debtors
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2025 |
2024 |
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£ |
£ |
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Other debtors |
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64,137 |
59,512 |
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________ |
________ |
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4.
Creditors: amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Taxation and social security |
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17,453 |
21,084 |
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Directors loan account |
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20,913 |
767 |
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Other creditors |
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18,798 |
13,617 |
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________ |
________ |
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57,164 |
35,468 |
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________ |
________ |
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5.
Reserves
The fair value reserve is in respect of the recognition of unlisted investments at market value. The fair value reserve is non distributable.
6.
Related party transactions
Within other debtors, is an amount owed by Thomas Wright & Sons (Norway) AS, a company in which Mr TET Wright is also a director. The balance owing at the year end, 31 December 2025, was £42,833. Within other debtors, is an amount owed by Thomas Wright & Sons (Builders) Limited, a company in which
Mr B C Wright
, Mrs F M Wright, Miss H C Wright and Dr S M Lloyd-Williams are also directors. The balance owing at the year end, 31 December 2025, was £3,920.
7.
Controlling party
Thomas Wright Investments (Holdings) Limited is the company's parent undertaking by virtue of its 100% shareholding in the company. The registered office of Thomas Wright Investments (Holdings) Limited is Causeway Cottage, Lady Hall, Millom, LA18 5HR.