REGISTERED NUMBER: 14281265 (England and Wales)

WRIGHTS PROPERTY AGENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

MB Wright

Mrs M N Hynds

REGISTERED OFFICE:

Broad House

1 The Broadway

Old Hatfield

Hertfordshire

AL9 5BG

REGISTERED NUMBER:

14281265 (England and Wales)

ACCOUNTANTS:

Jones Hunt & Keelings

Chartered Certified Accountants and

Chartered Tax Advisers

Broad House

1 The Broadway

Old Hatfield

Hertfordshire

AL9 5BG

FIXED ASSETS

Tangible assets

4

206,596

224,853

CURRENT ASSETS

Debtors

5

395,539

265,266

Cash at bank and in hand

151,312

182,663

546,851

447,929

CREDITORS

Amounts falling due within one year

6

205,426

302,407

NET CURRENT ASSETS

341,425

145,522

TOTAL ASSETS LESS CURRENT LIABILITIES

548,021

370,375

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

548,020

370,374

SHAREHOLDERS' FUNDS

548,021

370,375

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 26 August 2026 and were signed on its behalf by:

MB Wright - Director

1.	STATUTORY INFORMATION

Wrights Property 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.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

201,835

1,365

40,432

Additions

-

-

-

At 31 March 2026

201,835

1,365

40,432

DEPRECIATION

At 1 April 2025

23,401

198

11,757

Charge for year

20,184

342

8,086

At 31 March 2026

43,585

540

19,843

NET BOOK VALUE

At 31 March 2026

158,250

825

20,589

At 31 March 2025

178,434

1,167

28,675

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

17,600

5,645

266,877

Additions

5,979

11,520

17,499

At 31 March 2026

23,579

17,165

284,376

DEPRECIATION

At 1 April 2025

4,038

2,630

42,024

Charge for year

3,632

3,512

35,756

At 31 March 2026

7,670

6,142

77,780

NET BOOK VALUE

At 31 March 2026

15,909

11,023

206,596

At 31 March 2025

13,562

3,015

224,853

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

222,009

179,432

Other debtors

173,530

85,834

395,539

265,266

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

14,861

22,711

Taxation and social security

104,478

141,642

Other creditors

86,087

138,054

205,426

302,407

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

Ordinary

£1

1

1

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

MB Wright

Balance outstanding at start of year

-

-

Amounts advanced

159,509

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

159,509

-

During the year, interest of £5,765 (at the rate of 3.75% per annum) was charged by the company on this loan.

9.	RELATED PARTY DISCLOSURES

During the year the Company paid management charges of £941,614 (2025: £719,770) for the provision of staff to a business in which one of the directors has an interest.

At the balance sheet date:

- £21,087 was owed to (2025: £69,374 was owed from) this business;

No terms have been set as to the payment of interest on, or the repayment of this sum.