REGISTERED NUMBER: 10419564 (England and Wales)

WRIGHT EGGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

D T Wright

Mrs S E S Wright

REGISTERED OFFICE:

Poplar Farm

Main Road

Keal Cotes

Spilsby

Lincolnshire

PE23 4AH

REGISTERED NUMBER:

10419564 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

FIXED ASSETS

Intangible assets

4

346

346

Tangible assets

5

2,369,903

2,195,809

2,370,249

2,196,155

CURRENT ASSETS

Stocks

146,275

202,342

Debtors

6

543,825

70,953

Cash at bank

493,087

274,765

1,183,187

548,060

CREDITORS

Amounts falling due within one year

7

350,408

515,913

NET CURRENT ASSETS

832,779

32,147

TOTAL ASSETS LESS CURRENT LIABILITIES

3,203,028

2,228,302

CREDITORS

Amounts falling due after more than one year

8

(1,879,711

)

(1,681,537

)

PROVISIONS FOR LIABILITIES

(289,716

)

(151,903

)

NET ASSETS

1,033,601

394,862

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

1,032,601

393,862

SHAREHOLDERS' FUNDS

1,033,601

394,862

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by:

D T Wright - Director

1.	STATUTORY INFORMATION

Wright Eggs 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.

Turnover

Turnover represents invoiced income accrued during the year, excluding value added tax, and is recognised upon despatch.

Intangible assets

Intangible assets are initially recognised at cost and subsequently amortised over their useful life to their residual value.

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.

Land and buildings

-

10% on reducing balance and 2% on cost

Plant and machinery etc

-

10% on reducing balance, 6.5% on cost and Straight line over 25 years

Tangible fixed assets are measured at cost less accumulated depreciation.

Stocks

Laying birds are valued using DEFRA poultry valuation rates. Other stock is valued at the lower of cost and estimated selling price less costs to sell.

Financial instruments

The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 statement of financial position, 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 the income statement over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

346

NET BOOK VALUE

At 31 March 2026

346

At 31 March 2025

346

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

1,438,592

1,136,057

2,574,649

Additions

120,082

184,802

304,884

Reclassification/transfer

(259,419

)

259,419

-

At 31 March 2026

1,299,255

1,580,278

2,879,533

DEPRECIATION

At 1 April 2025

337,474

41,366

378,840

Charge for year

38,550

92,240

130,790

At 31 March 2026

376,024

133,606

509,630

NET BOOK VALUE

At 31 March 2026

923,231

1,446,672

2,369,903

At 31 March 2025

1,101,118

1,094,691

2,195,809

The net book value of tangible fixed assets includes £89,688 (2025 - £25,462) in respect of assets held under hire purchase contracts

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

215,496

-

Other debtors

328,329

70,953

543,825

70,953

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

231,978

126,152

Hire purchase contracts

25,174

4,413

Trade creditors

82,568

140,554

Other creditors

10,688

244,794

350,408

515,913

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

1,854,061

1,672,677

Hire purchase contracts

25,650

8,860

1,879,711

1,681,537

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans due over 5 years

1,334,214

917,275

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

2,086,039

1,798,829

Hire purchase contracts

50,824

13,273

2,136,863

1,812,102

The bank loans are secured against a fixed and floating charge over the company's property and undertakings.

Hire purchase contracts are secured on the assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary

1

1,000

1,000