Ross Wright Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01789987 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

ROSS WRIGHT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

8

Directors:

A D Ross

J Guy

M S Ross

Registered office:

Unit 31

Northfield Way

Aycliffe Industrial Estate

Newton Aycliffe

Co. Durham

DL5 6UF

Registered number:

01789987 (England and Wales)

Accountants:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

Fixed assets

Tangible assets

4

332,472

344,522

Current assets

Stocks

2,507

1,928

Debtors

543,349

512,599

Cash at bank and in hand

343,360

205,286

889,216

719,813

Creditors

Amounts falling due within one year

515,841

365,190

Net current assets

373,375

354,623

Total assets less current liabilities

705,847

699,145

Creditors

Amounts falling due after more than one
year

(51,451

)

(75,906

)

Provisions for liabilities

(35,427

)

(38,383

)

Net assets

618,969

584,856

Capital and reserves

Called up share capital

10,120

Revaluation reserve

6

146,179

149,927

Retained earnings

462,670

424,809

Shareholders' funds

618,969

584,856

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 June 2026 and were signed on its behalf by:

M S Ross - Director

1.	STATUTORY INFORMATION

Ross Wright 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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover

Turnover represents the value of work carried out during the year including amounts not yet invoiced, excluding value added tax. Income is being recognised according to the stage of completion of work done.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

At varying rates

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 22 (2025 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 May 2025

626,726

Additions

23,250

At 30 April 2026

649,976

DEPRECIATION

At 1 May 2025

282,204

Charge for year

35,300

At 30 April 2026

317,504

NET BOOK VALUE

At 30 April 2026

332,472

At 30 April 2025

344,522

Cost or valuation at 30 April 2026 is represented by:

Totals

£

Valuation in 1989

65,417

Valuation in 1997

1,848

Valuation in 2007

90,000

Valuation in 2015

(10,000

)

Cost

502,711

649,976

If freehold property had not been revalued it would have been included at the following historical cost:

30/4/26

30/4/25

£

Cost

92,735

Aggregate depreciation

65,079

63,224

The company has previously chosen to use a previous GAAP valuation for freehold property as its deemed cost for future periods when transitioning to FRS102 for the first time under FRS102 35.10 (d).

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST OR VALUATION

At 1 May 2025

186,419

Transfer to ownership

(21,000

)

At 30 April 2026

165,419

DEPRECIATION

At 1 May 2025

56,896

Charge for year

24,104

Transfer to ownership

(12,358

)

At 30 April 2026

68,642

NET BOOK VALUE

At 30 April 2026

96,777

At 30 April 2025

129,523

5.	SECURED DEBTS

The following secured debts are included within creditors:

30/4/26

30/4/25

£

Hire purchase contracts

72,538

102,470

The hire purchase balance is secured on the fixed assets to which it relates. Other creditors are secured against the assets of the company.

6.

RESERVES

Revaluation

reserve

£

At 1 May 2025

149,927

Transfer of excess depreciation

(3,748

)

At 30 April 2026

146,179

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2026 and 30 April 2025:

30/4/26

30/4/25

£

A D Ross

Balance outstanding at start of year

-

Amounts advanced

-

7,222

Amounts repaid

-

(7,222

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

J Guy

Balance outstanding at start of year

-

Amounts advanced

-

7,222

Amounts repaid

-

(7,222

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

M S Ross

Balance outstanding at start of year

-

Amounts advanced

-

7,222

Amounts repaid

-

(7,222

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

The loans are interest free and repayable upon demand.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ross Wright Limited for the year ended 30 April 2026 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Ross Wright Limited, as a body, in accordance with the terms of our engagement letter dated 30 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Ross Wright Limited and state those matters that we have agreed to state to the Board of Directors of Ross Wright Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ross Wright Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ross Wright Limited. You consider that Ross Wright Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ross Wright Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

25 June 2026