REGISTERED NUMBER: 10924096 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Yatton Hardware & DIY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J C Priem

Mrs V R Priem

SECRETARY:

Mrs V R Priem

REGISTERED OFFICE:

Hightrees

5 Centurions Court

Caerwent

MONMOUTHSHIRE

NP26 5FG

REGISTERED NUMBER:

10924096 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Intangible assets

4

105,789

112,199

Tangible assets

5

2,126

2,500

107,915

114,699

CURRENT ASSETS

Stocks

6

98,455

100,144

Debtors

7

9,487

10,071

Cash at bank and in hand

43,585

56,552

151,527

166,767

CREDITORS

Amounts falling due within one year

8

128,118

150,445

NET CURRENT ASSETS

23,409

16,322

TOTAL ASSETS LESS CURRENT LIABILITIES

131,324

131,021

PROVISIONS FOR LIABILITIES

9

416

649

NET ASSETS

130,908

130,372

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

11

130,906

130,370

SHAREHOLDERS' FUNDS

130,908

130,372

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

J C Priem - Director

Mrs V R Priem - Director

1.	STATUTORY INFORMATION

Yatton Hardware & DIY LTD 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of twenty five years.

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.

Short leasehold

-

10% on straight line

Fixtures and fittings

-

15% on straight line basis

Computer equipment

-

15% on straight line basis

Stocks

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

160,274

AMORTISATION

At 1 April 2025

48,075

Amortisation for year

6,410

At 31 March 2026

54,485

NET BOOK VALUE

At 31 March 2026

105,789

At 31 March 2025

112,199

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

201

5,290

2,098

7,589

Additions

-

-

536

536

At 31 March 2026

201

5,290

2,634

8,125

DEPRECIATION

At 1 April 2025

150

3,436

1,503

5,089

Charge for year

20

638

252

910

At 31 March 2026

170

4,074

1,755

5,999

NET BOOK VALUE

At 31 March 2026

31

1,216

879

2,126

At 31 March 2025

51

1,854

595

2,500

6.

STOCKS

2026

2025

£

£

Stocks

98,455

100,144

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,463

3,603

Other debtors

5,000

5,000

Prepayments

2,024

1,468

9,487

10,071

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

10,279

6,845

Tax

1,641

3,374

Social security and other taxes

6,638

4,725

Other creditors

154

605

Loan from group company

105,000

100,000

Directors' loan accounts

3,376

33,945

Accrued expenses

1,030

951

128,118

150,445

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

416

649

Deferred

tax

£

Balance at 1 April 2025

649

Credit to Income Statement during year

(233

)

Balance at 31 March 2026

416

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

1

2

2

11.

RESERVES

Retained

earnings

£

At 1 April 2025

130,370

Profit for the year

536

At 31 March 2026

130,906

12.	RELATED PARTY DISCLOSURES

Yatton Hardware & DIY Ltd is a wholly owned subsidiary of Ace Hardware & DIY Ltd (Company Number 04335966 registered in England and Wales).

Ace Hardware & DIY Ltd has one other wholly owned subsidiary, Bloodworths Hardware & DIY Ltd (Company Number 11388422, registered in England and Wales).

During the year, Bloodworths Hardware & DIY Ltd loaned £5,000 (2024: £52,000) to Yatton Hardware & DIY Ltd. At the year end a total of £105,000 (2025: £100,000) was outstanding and this amount is included within creditors.