REGISTERED NUMBER: 06523868 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

WRIGHTS ESTATE AGENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D R Wright

Mrs M L Wright

SECRETARY:

R J H Baker

REGISTERED OFFICE:

211 The Broadway

Broadstone

Dorset

BH18 8DN

REGISTERED NUMBER:

06523868 (England and Wales)

ACCOUNTANTS:

Richard Baker & Co.

The Gatehouse

Wick Drive

New Milton

Hampshire

BH25 6SJ

FIXED ASSETS

Intangible assets

4

25,000

37,500

Tangible assets

5

14,111

15,498

39,111

52,998

CURRENT ASSETS

Debtors

6

18,576

5,088

Cash at bank and in hand

136,179

194,915

154,755

200,003

CREDITORS

Amounts falling due within one year

7

54,262

56,636

NET CURRENT ASSETS

100,493

143,367

TOTAL ASSETS LESS CURRENT LIABILITIES

139,604

196,365

PROVISIONS FOR LIABILITIES

3,497

4,520

NET ASSETS

136,107

191,845

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

136,007

191,745

SHAREHOLDERS' FUNDS

136,107

191,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2026 and were signed on its behalf by:

Mrs M L Wright - Director

D R Wright - Director

1.	STATUTORY INFORMATION

WRIGHTS ESTATE AGENTS 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Fixtures & fittings 15% reducing balance.

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

250,000

AMORTISATION

At 1 April 2025

212,500

Charge for year

12,500

At 31 March 2026

225,000

NET BOOK VALUE

At 31 March 2026

25,000

At 31 March 2025

37,500

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025

48,806

Additions

1,103

At 31 March 2026

49,909

DEPRECIATION

At 1 April 2025

33,308

Charge for year

2,490

At 31 March 2026

35,798

NET BOOK VALUE

At 31 March 2026

14,111

At 31 March 2025

15,498

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

18,576

5,088

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

3,883

(930

)

Taxation and social security

23,603

55,643

Other creditors

26,776

1,923

54,262

56,636