M.Wright Properties Ltd

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

Registered number: 16170843

		31 January 2026
	Notes	£	£
FIXED ASSETS
Investment Properties	4		142,000

			142,000
CURRENT ASSETS
Debtors	5	3,049
Cash at bank and in hand		1,261

		4,310
Creditors: Amounts Falling Due Within One Year	6	(78,578 )

NET CURRENT ASSETS (LIABILITIES)			(74,268 )

TOTAL ASSETS LESS CURRENT LIABILITIES			67,732

Creditors: Amounts Falling Due After More Than One Year	7		(63,175 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,536 )

NET ASSETS			3,021

CAPITAL AND RESERVES
Called up share capital	8		100
Profit and Loss Account			2,921

SHAREHOLDERS' FUNDS			3,021

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M.Wright Properties Ltd

Balance Sheet (continued)

As At 31 January 2026

For the period 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr Michael Wright

Director

21/09/2026

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

1. General Information

M.Wright Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16170843 . The registered office is 7 Dyffryn, Pwllglas, Ruthin, Wales, LL15 2PQ.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2.3. Turnover

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

2.4. Investment Properties

Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.

Changes in fair value are recognised in the profit and loss account.

2.5. Related Party Transactions

Loans received from directors who are also shareholders of the company, or from close family members of those directors, are basic financial instruments. The company has taken advantage of the exemption permitted by FRS 102 paragraph 11.13A and measures these loans initially at transaction price (the net amount received, less transaction costs) and subsequently at amortised cost.

Loans from any other connected parties are recognised initially at the present value of future payments discounted at a market rate of interest for an equivalent loan, and subsequently measured at amortised cost using the effective interest method.

Interest on loans from directors and other connected parties is charged to the profit and loss account on an accruals basis. Where interest is paid to an individual (a director or other individual lender), basic-rate income tax is deducted at source under Income Tax Act 2007 section 874 and remitted to HMRC quarterly on form CT61.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1

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M.Wright Properties Ltd

Notes to the Financial Statements (continued)

For the Period 8 January 2025 to 31 January 2026

4. Investment Property

	31 January 2026
	£
Fair Value
As at 8 January 2025	133,284
Additions	631
Revaluations	8,085

As at 31 January 2026	142,000

5. Debtors

	31 January 2026
	£
Due within one year
Other debtors	3,049

6. Creditors: Amounts Falling Due Within One Year

	31 January 2026
	£
Other loans	1,180
Other creditors	77,398

	78,578

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

	31 January 2026
	£
Other loans	63,175

The mortgage is a capital repayment mortgage with an original loan advance of £65,000 dated July 2025, an original term of 25 years and interest at approximately 6.02% per annum. The mortgage is secured by a fixed charge over the investment property.

8. Share Capital

	31 January 2026
	£
Allotted, Called up and fully paid	100

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M.Wright Properties Ltd

Notes to the Financial Statements (continued)

For the Period 8 January 2025 to 31 January 2026

9. Related Party Transactions

The directors named below are also shareholders of the company. Loans from those directors qualify as basic financial instruments and have been measured at transaction price, as permitted by FRS 102 paragraph 11.13A. The loans are unsecured, interest free and repayable on demand.

Michael Paul Write

Director and Shareholder

During the period the company received advances of £77,500 and made repayments of £102. Balance owed at the year end: £77,398.

10. Tax on Profit

Current Tax £0

Deferred Tax 1,536

The company made a fair value gain on investment property of £8,085 which is not chargeable to corporation tax in the current period. Deferred tax has been recognised on this timing difference at 19%.

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