A Wright Property Limited

A Wright Property Limited

A WRIGHT PROPERTY LIMITED - Company Information

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1 July 2022 false No description of principal activity Taxfiler 2023.15 10272284business:PrivateLimitedCompanyLtd2022-07-012023-06-30 102722842022-06-30 102722842022-07-012023-06-30 10272284business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 10272284business:FilletedAccounts2022-07-012023-06-30 102722842023-06-30 10272284business:Director12022-07-012023-06-30 10272284business:RegisteredOffice2022-07-012023-06-30 102722842022-06-30 10272284core:WithinOneYear2023-06-30 10272284core:WithinOneYear2022-06-30 10272284core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 10272284core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 10272284core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 10272284core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 10272284core:PreviouslyStatedAmount2023-06-30 10272284core:PreviouslyStatedAmount2022-06-30 10272284business:SmallEntities2022-07-012023-06-30 10272284countries:EnglandWales2022-07-012023-06-30 10272284core:FurnitureFittings2022-06-30 10272284core:ComputerEquipment2022-06-30 10272284core:FurnitureFittings2022-07-012023-06-30 10272284core:ComputerEquipment2022-07-012023-06-30 10272284core:FurnitureFittings2023-06-30 10272284core:ComputerEquipment2023-06-30 102722842021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 10272284 (England and Wales)
A Wright Property Limited Unaudited accounts for the year ended 30 June 2023
A Wright Property Limited Unaudited accounts Contents
Page
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A Wright Property Limited Company Information for the year ended 30 June 2023
Director
Anthony Wright
Company Number
10272284 (England and Wales)
Registered Office
1 Duffield Road Derby DE1 3BB England
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A Wright Property Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
93,533 
14,030 
Investment property
5
997,696 
1,303,133 
1,091,229 
1,317,163 
Current assets
Debtors
6
250,100 
100 
Cash at bank and in hand
8,277 
61,762 
258,377 
61,862 
Creditors: amounts falling due within one year
7
(912,075)
(1,118,033)
Net current liabilities
(653,698)
(1,056,171)
Net assets
437,531 
260,992 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
437,431 
260,892 
Shareholders' funds
437,531 
260,992 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 March 2024 and were signed on its behalf by
Anthony Wright Director Company Registration No. 10272284
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A Wright Property Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
A Wright Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10272284. The registered office is 1 Duffield Road, Derby, DE1 3BB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
- 
28,508 
28,508 
Additions
84,513 
- 
84,513 
At 30 June 2023
84,513 
28,508 
113,021 
Depreciation
At 1 July 2022
- 
14,478 
14,478 
Charge for the year
- 
5,010 
5,010 
At 30 June 2023
- 
19,488 
19,488 
Net book value
At 30 June 2023
84,513 
9,020 
93,533 
At 30 June 2022
- 
14,030 
14,030 
5
Investment property
2023 
£ 
Fair value at 1 July 2022
1,303,133 
Disposals
(305,437)
At 30 June 2023
997,696 
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A Wright Property Limited Notes to the Accounts for the year ended 30 June 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
250,100 
100 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,064 
2,525 
Taxes and social security
19,394 
18,402 
Other creditors
891,617 
1,097,106 
912,075 
1,118,033 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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