| REGISTERED NUMBER: |
| Wright Brothers Partnership Limited |
| Unaudited Financial Statements For The Year Ended 31 March 2026 |
| REGISTERED NUMBER: |
| Wright Brothers Partnership Limited |
| Unaudited Financial Statements For The Year Ended 31 March 2026 |
| Wright Brothers Partnership Limited (Registered number: 00525329) |
| Contents of the Financial Statements |
| For The Year Ended 31 March 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Wright Brothers Partnership Limited |
| Company Information |
| For The Year Ended 31 March 2026 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Sidings Court |
| Lakeside |
| Doncaster |
| South Yorkshire |
| DN4 5NU |
| BANKERS: |
| 42 High Street |
| Sheffield |
| S1 2GE |
| Wright Brothers Partnership Limited (Registered number: 00525329) |
| Balance Sheet |
| 31 March 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Revaluation reserve | 11 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Wright Brothers Partnership Limited (Registered number: 00525329) |
| Notes to the Financial Statements |
| For The Year Ended 31 March 2026 |
| 1. | STATUTORY INFORMATION |
| Wright Brothers Partnership Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the value of work done for which the company has earned the right to consideration in exchange for performance less a provision for rectification. This brings in as income part of the profit on contracts as they progress. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Office equipment | - |
| Motor vehicles | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. |
| 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. |
| Grants receivable |
| Grants received in respect of revenue expenditure are credited to the profit and loss account in the year to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Wright Brothers Partnership Limited (Registered number: 00525329) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and | Office | Motor |
| property | machinery | equipment | vehicles | Totals |
| £ | £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2025 |
| Additions |
| At 31 March 2026 |
| DEPRECIATION |
| At 1 April 2025 |
| Charge for year |
| At 31 March 2026 |
| NET BOOK VALUE |
| At 31 March 2026 |
| At 31 March 2025 |
| Included in cost or valuation of land and buildings is freehold land of £ 3,000 (2025 - £ 3,000 ) which is not depreciated. |
| Cost or valuation at 31 March 2026 is represented by: |
| Freehold | Plant and | Office | Motor |
| property | machinery | equipment | vehicles | Totals |
| £ | £ | £ | £ | £ |
| Valuation in 1977 | 9,764 | - | - | - | 9,764 |
| Cost | 7,736 | 18,076 | 7,999 | 150,589 | 184,400 |
| 17,500 | 18,076 | 7,999 | 150,589 | 194,164 |
| If freehold land and buildings had not been revalued they would have been included at the following historical cost: |
| 2026 | 2025 |
| £ | £ |
| Cost | 7,736 | 7,736 |
| Aggregate depreciation | 6,421 | 6,421 |
| Value of land in freehold land and buildings | 1,315 | 1,315 |
| Freehold land and buildings were valued on an open market basis on 4 March 1977 by Mark Jenkinson & Son Incorporated Valuers . |
| The company has not adopted a policy of revaluing the freehold property. |
| 5. | STOCKS |
| 2026 | 2025 |
| £ | £ |
| Stocks |
| Wright Brothers Partnership Limited (Registered number: 00525329) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade creditors |
| Taxation |
| Social security and other taxes |
| VAT | 81,045 | 74,698 |
| Other creditors |
| Accrued expenses |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2026 | 2025 |
| £ | £ |
| Within one year |
| Between one and five years |
| 9. | PROVISIONS FOR LIABILITIES |
| 2026 | 2025 |
| £ | £ |
| Deferred tax |
| Accelerated capital allowances | 11,856 | 15,454 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2025 |
| Provided during year | ( |
) |
| Balance at 31 March 2026 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2026 | 2025 |
| value: | £ | £ |
| Ordinary | £1 | 15,000 | 15,000 |
| Wright Brothers Partnership Limited (Registered number: 00525329) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 11. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 April 2025 |
| and 31 March 2026 |
| No provision for tax has been made on the revaluation reserve. |