Wrights (Attleborough) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04059021

Wrights (Attleborough) Ltd

Unaudited financial statements

30 April 2026

Wrights (Attleborough) Ltd

Statement of financial position

30 April 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		264,585		271,995

Current assets

Stocks		812,316	764,095
Debtors	6	26,461	18,468
Cash at bank and in hand		591,135	754,910
		-----------	-----------
		1,429,912	1,537,473

Creditors: Amounts falling due within one year	7	( 2,040)		( 105,896)
		-----------		-----------
Net current assets			1,427,872		1,431,577
			-----------		-----------
Total assets less current liabilities			1,692,457		1,703,572

Provisions

Taxation including deferred tax	( 18,983)	( 20,836)
	-----------	-----------
Net assets	1,673,474	1,682,736
	-----------	-----------

Capital and reserves

Called up share capital		1,000	1,000
Investment property valuation reserve	8	64,095	64,095
Profit and loss account	8	1,608,379	1,617,641
		-----------	-----------
Shareholder funds		1,673,474	1,682,736
		-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Wrights (Attleborough) Ltd

Statement of financial position (continued)

30 April 2026

These financial statements were approved by the board of directors and authorised for issue on 19 October 2026 , and are signed on behalf of the board by:

E J Wright

Director

Company registration number: 04059021

Wrights (Attleborough) Ltd

Notes to the financial statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Field View, West Carr Road, Attleborough, Norfolk, NR17 1AN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

Estimates and judgements used in preparing the financial statements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The resulting accounting estimates will, by definition seldom equal the related actual results. Any subsequent changes are accounted for with an effect on income at the time such updated information is available. The estimates and assumptions that have a significant effect on the carrying amounts of assets and liabilities are discussed below: - Investment properties - In applying the Company's accounting policies for investment properties carried at fair value, consideration was given to the valuation of the Company's properties at the reporting date. Further detail of the estimate has been included in the tangible assets note.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Rental income is recognised on an accruals basis in line with lease terms and arises solely in the UK.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Investment property

Freehold investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Freehold investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Computer equipment	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of employees during the year was 2 (2025: 2 ).

5. Tangible assets

	Plant and machinery	Equipment	Freehold investment property	Total
	£	£	£	£
Cost
At 1 May 2025	85,054	–	225,000	310,054
Additions	–	600	–	600
Disposals	( 3,085)	–	–	( 3,085)
	-------	----	---------	---------
At 30 April 2026	81,969	600	225,000	307,569
	-------	----	---------	---------
Depreciation
At 1 May 2025	38,059	–	–	38,059
Charge for the year	6,890	63	–	6,953
Disposals	( 2,028)	–	–	( 2,028)
	-------	----	---------	---------
At 30 April 2026	42,921	63	–	42,984
	-------	----	---------	---------
Carrying amount
At 30 April 2026	39,048	537	225,000	264,585
	-------	----	---------	---------
At 30 April 2025	46,995	–	225,000	271,995
	-------	----	---------	---------

Tangible assets held at valuation

Investment property comprises one residential property. The fair value of the Company's investment property at 30 April 2026 has been determined by the directors. In arriving at this valuation, the directors considered evidence of transaction prices for similar properties and other relevant data available at the reporting date. The valuation has been made on an open market value basis and reflects the directors' assessment of fair value in light of current economic conditions.

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Freehold investment property
	£
At 30 April 2026
Aggregate cost	151,818
Aggregate depreciation	–
	---------
Carrying value	151,818
	---------

At 30 April 2025
Aggregate cost	151,818
Aggregate depreciation	–
	---------
Carrying value	151,818
	---------

6. Debtors

	2026	2025
	£	£
Other debtors	26,461	18,468
	-------	-------

7. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Social security and other taxes	240	104,096
Other creditors	1,800	1,800
	------	---------
	2,040	105,896
	------	---------

8. Reserves

Investment property valuation reserve - This reserve records accumulated fair value adjustments in respect of the freehold investment property recognised through profit or loss and is non-distributable. Profit and loss account - This reserve records retained earnings and accumulated losses.

9. Directors' advances, credits and guarantees

Included within debtors at the year end is a directors loan account of £25,413 (2025: £18,468). The maximum overdrawn balance during the year was £28,440. Interest of £338 (2025: £299) was charged at the official rate.