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REGISTERED NUMBER: 01866651

LES SHEPPARD D.I.Y. LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

| LES SHEPPARD D.I.Y. LIMITED (REGISTERED NUMBER: 01866651) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| LES SHEPPARD D.I.Y. LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | M D Pearson

| J M Pearson

| SECRETARY: | J M Pearson

| REGISTERED OFFICE: | 12 Warwick Street

| Coventry

| West Midlands

| CV5 6ET

| REGISTERED NUMBER: | 01866651

| ACCOUNTANTS: | Burrows Scarborough

| Chartered Accountants

| Sovereign House

| 12 Warwick Street

| Coventry

| West Midlands

| CV5 6ET

| LES SHEPPARD D.I.Y. LIMITED (REGISTERED NUMBER: 01866651) |

BALANCE SHEET

31 JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 17,570 |  | 22,346 |  |

17,570 |  | 22,346 |  |

CURRENT ASSETS

Stocks | 167,815 |  | 172,414 |  |

Debtors | 6 | 181,159 |  | 168,193 |  |

Prepayments and accrued income | 2,219 |  | 1,988 |  |

Cash at bank and in hand | 39,366 |  | 96,203 |  |

390,559 |  | 438,798 |  |

CREDITORS

Amounts falling due within one year | 7 | 171,485 |  | 166,818 |  |

NET CURRENT ASSETS | 219,074 |  | 271,980 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 236,644 |  | 294,326 |  |

PROVISIONS FOR LIABILITIES | (3,338 | ) | (4,943 | ) |

ACCRUALS AND DEFERRED INCOME | (2,330 | ) | (7,450 | ) |

NET ASSETS | 230,976 |  | 281,933 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 4 |  | 4 |  |

Capital redemption reserve | 718 |  | 718 |  |

Retained earnings | 230,254 |  | 281,211 |  |

SHAREHOLDERS' FUNDS | 230,976 |  | 281,933 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by:

M D Pearson - Director

| LES SHEPPARD D.I.Y. LIMITED (REGISTERED NUMBER: 01866651) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| Les Sheppard D.I.Y. Limited is a private company, limited by shares , registered in Not specified/Other. 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 (£).

| The financial statements are rounded to the nearest £1.

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.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of 75 months.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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 | - | 33% on cost and 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

| Leases

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Employee 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.

| LES SHEPPARD D.I.Y. LIMITED (REGISTERED NUMBER: 01866651) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

| The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 15 (2024 - 15 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 February 2024

| and 31 January 2025 | 29,999 |  |

| AMORTISATION

| At 1 February 2024

| and 31 January 2025 | 29,999 |  |

| NET BOOK VALUE

| At 31 January 2025 | - |  |

| At 31 January 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2024 | 92,301 |  |

| Additions | 10,875 |  |

| Disposals | (11,000 | ) |

| At 31 January 2025 | 92,176 |  |

| DEPRECIATION

| At 1 February 2024 | 69,955 |  |

| Charge for year | 7,401 |  |

| Eliminated on disposal | (2,750 | ) |

| At 31 January 2025 | 74,606 |  |

| NET BOOK VALUE

| At 31 January 2025 | 17,570 |  |

| At 31 January 2024 | 22,346 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 174,026 |  | 163,193 |  |

| Other debtors | 7,133 |  | 5,000 |  |

181,159 |  | 168,193 |  |

| LES SHEPPARD D.I.Y. LIMITED (REGISTERED NUMBER: 01866651) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 142,015 |  | 116,430 |  |

| Taxation and social security | 27,888 |  | 48,806 |  |

| Other creditors | 1,582 |  | 1,582 |  |

171,485 |  | 166,818 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 4 | Ordinary £1 shares | £1 | 4 |  | 4 |  |

9. | RELATED PARTY DISCLOSURES

| The company is wholly owned subsidiary of Sheppards Holdings Limited (Company Number : 14558633).

| Included in debtors is an inter-company loan to Sheppards Holdings Limited in the sum of £174,026 (2024-£163,193) and is payable on demand.

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.