M & A Wright Construction Limited - Accounts to registrar (filleted) - small 18.2

M & A Wright Construction Limited - Accounts to registrar (filleted) - small 18.2

M. & A. WRIGHT CONSTRUCTION LTD. - Company Information

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REGISTERED NUMBER: 04838846 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2019

for

M & A Wright Construction Limited
M & A Wright Construction Limited (Registered number: 04838846)

Contents of the Financial Statements
for the Year Ended 30 September 2019










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Report of the Accountants 5

M & A Wright Construction Limited

Company Information
for the Year Ended 30 September 2019







DIRECTOR: M Wright





SECRETARY: Mrs A Wright





REGISTERED OFFICE: 19 Railway Street
Pocklington
York
YO42 2QR





REGISTERED NUMBER: 04838846 (England and Wales)





ACCOUNTANTS: Kaye Middleton & Co
19 Railway Street
Pocklington
York
East Yorkshire
YO42 2QR
Page 1
M & A Wright Construction Limited (Registered number: 04838846)

Statement of Financial Position
30 September 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,787 4,778

CURRENT ASSETS
Stocks 323,639 203,639
Debtors 5 53,786 189,415
Cash at bank 6,634 31,553
384,059 424,607
CREDITORS
Amounts falling due within one year 6 355,514 390,196
NET CURRENT ASSETS 28,545 34,411
TOTAL ASSETS LESS CURRENT
LIABILITIES
38,332
39,189

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 38,132 38,989
SHAREHOLDERS' FUNDS 38,332 39,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 5 March 2020 and were signed by:





M Wright - Director


The notes form part of these financial statements

Page 2
M & A Wright Construction Limited (Registered number: 04838846)

Notes to the Financial Statements
for the Year Ended 30 September 2019


1. STATUTORY INFORMATION

M & A Wright Construction 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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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 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
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.

Page 3 continued...
M & A Wright Construction Limited (Registered number: 04838846)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2018 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2018 12,352
Additions 8,035
At 30 September 2019 20,387
DEPRECIATION
At 1 October 2018 7,574
Charge for year 3,026
At 30 September 2019 10,600
NET BOOK VALUE
At 30 September 2019 9,787
At 30 September 2018 4,778

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 53,598 189,227
Other debtors 188 188
53,786 189,415

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Bank loans and overdrafts 275,000 200,000
Trade creditors 46,697 135,732
Taxation and social security 33,225 53,872
Other creditors 592 592
355,514 390,196

7. RELATED PARTY DISCLOSURES

The company was under the control of Mr M Wright throughout the year.

Page 4
M & A Wright Construction Limited

Report of the Accountants to the Director of
M & A Wright Construction Limited


The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 September 2019 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Kaye Middleton & Co
19 Railway Street
Pocklington
York
East Yorkshire
YO42 2QR


5 March 2020

This page does not form part of the statutory financial statements

Page 5