Stephenson And Wright Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04597324

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		3,145		3,145
Tangible Assets	5		34,034		38,043

			37,179		41,188
CURRENT ASSETS
Stocks	6	200		-
Debtors	7	4,430		193
Cash at bank and in hand		3,674		1,347

		8,304		1,540
Creditors: Amounts Falling Due Within One Year	8	(18,327 )		(27,743 )

NET CURRENT ASSETS (LIABILITIES)			(10,023 )		(26,203 )

TOTAL ASSETS LESS CURRENT LIABILITIES			27,156		14,985

Creditors: Amounts Falling Due After More Than One Year	9		-		(6,208 )

NET ASSETS			27,156		8,777

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			27,154		8,775

SHAREHOLDERS' FUNDS			27,156		8,777

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Stephenson And Wright Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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

Mrs Jose Wright

Director

15/03/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Stephenson And Wright Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04597324 . The registered office is 2 Lower Barn, Ribchester, Preston, Lancashire, PR3 3XS.

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. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% RB
Motor Vehicles	20% RB

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Stephenson And Wright Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2025	3,145

As at 31 January 2026	3,145

Net Book Value
As at 31 January 2026	3,145

As at 1 February 2025	3,145

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 February 2025	47,559	32,100	79,659
Additions	-	4,500	4,500

As at 31 January 2026	47,559	36,600	84,159

Depreciation
As at 1 February 2025	41,616	-	41,616
Provided during the period	1,189	7,320	8,509

As at 31 January 2026	42,805	7,320	50,125

Net Book Value
As at 31 January 2026	4,754	29,280	34,034

As at 1 February 2025	5,943	32,100	38,043

6. Stocks

	2026	2025
	£	£
Stock	200	-

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	4,430	-
Other debtors	-	193

	4,430	193

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Stephenson And Wright Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	85	-
Bank loans and overdrafts	6,143	6,400
Other creditors	12,099	21,343

	18,327	27,743

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	6,208

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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