REGISTERED NUMBER: 02801598 (England and Wales)

Wrights Timber Company Limited

Unaudited Financial Statements for the Year Ended 30 April 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C M Wright

M C Wright

SECRETARY:

C M Wright

REGISTERED OFFICE:

The Causeway

MARK

Nr Highbridge

TA9 4QF

REGISTERED NUMBER:

02801598 (England and Wales)

ACCOUNTANTS:

Webb & Co Ltd

Accountants and Business Advisers

One New Street

Wells

Somerset

BA5 2LA

FIXED ASSETS

Tangible assets

4

35,581

35,881

Investments

5

367,590

315,780

403,171

351,661

CURRENT ASSETS

Stocks

118,068

87,363

Debtors

6

180,806

147,535

Cash at bank

251,284

252,403

550,158

487,301

CREDITORS

Amounts falling due within one year

7

297,852

252,638

NET CURRENT ASSETS

252,306

234,663

TOTAL ASSETS LESS CURRENT LIABILITIES

655,477

586,324

PROVISIONS FOR LIABILITIES

19,523

6,570

NET ASSETS

635,954

579,754

CAPITAL AND RESERVES

Called up share capital

8

10,000

10,000

Fair value reserve

58,567

19,710

Retained earnings

567,387

550,044

SHAREHOLDERS' FUNDS

635,954

579,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by:

C M Wright - Director

1.	STATUTORY INFORMATION

Wrights Timber Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

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

Freehold property

-

2% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

10% on cost

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 May 2025

and 30 April 2026

45,481

69,861

68,414

183,756

DEPRECIATION

At 1 May 2025

9,600

69,861

68,414

147,875

Charge for year

300

-

-

300

At 30 April 2026

9,900

69,861

68,414

148,175

NET BOOK VALUE

At 30 April 2026

35,581

-

-

35,581

At 30 April 2025

35,881

-

-

35,881

5.	FIXED ASSET INVESTMENTS

Other

investment

£

COST OR VALUATION

At 1 May 2025

315,780

Revaluations

51,810

At 30 April 2026

367,590

NET BOOK VALUE

At 30 April 2026

367,590

At 30 April 2025

315,780

If investments had not been revalued they would have been included at the following historical cost £289,500.

Investments were valued on an open market basis on 30 April 2026 by St. James's Place.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

180,806

147,535

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

264,361

218,975

Taxation and social security

33,491

33,663

297,852

252,638

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

3,000

Ordinary A

£1

3,000

3,000

2,500

Ordinary B

£1

2,500

2,500

3,500

Ordinary C

£1

3,500

3,500

500

Ordinary D

£1

500

500

500

Ordinary E

£1

500

500

10,000

10,000