REGISTERED NUMBER: 11388422 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Bloodworths Hardware & DIY Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs V R Priem

J C Priem

REGISTERED OFFICE:

Hightrees

5 Centurions Court

Caerwent

MONMOUTHSHIRE

NP26 5FG

REGISTERED NUMBER:

11388422 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Intangible assets

4

56,749

60,039

Tangible assets

5

3,109

3,650

59,858

63,689

CURRENT ASSETS

Stocks

6

59,013

51,872

Debtors

7

129,823

122,347

Cash at bank and in hand

108,548

88,173

297,384

262,392

CREDITORS

Amounts falling due within one year

8

81,192

80,861

NET CURRENT ASSETS

216,192

181,531

TOTAL ASSETS LESS CURRENT LIABILITIES

276,050

245,220

PROVISIONS FOR LIABILITIES

9

772

893

NET ASSETS

275,278

244,327

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

11

275,276

244,325

SHAREHOLDERS' FUNDS

275,278

244,327

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 4 July 2026 and were signed on its behalf by:

J C Priem - Director

Mrs V R Priem - Director

1.	STATUTORY INFORMATION

Bloodworths Hardware & DIY 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, 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

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

82,246

AMORTISATION

At 1 April 2025

22,207

Amortisation for year

3,290

At 31 March 2026

25,497

NET BOOK VALUE

At 31 March 2026

56,749

At 31 March 2025

60,039

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

868

8,780

1,749

11,397

Additions

-

441

96

537

At 31 March 2026

868

9,221

1,845

11,934

DEPRECIATION

At 1 April 2025

587

6,763

397

7,747

Charge for year

87

806

185

1,078

At 31 March 2026

674

7,569

582

8,825

NET BOOK VALUE

At 31 March 2026

194

1,652

1,263

3,109

At 31 March 2025

281

2,017

1,352

3,650

6.

STOCKS

2026

2025

£

£

Stocks

59,013

51,872

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

692

343

Other debtors

14,000

14,000

Loans to group companies

105,000

100,000

Prepayments

10,131

8,004

129,823

122,347

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

19,390

13,220

Tax

10,701

16,722

Social security and other taxes

9,101

8,968

Loan from group company

41,000

41,000

Accrued expenses

1,000

951

81,192

80,861

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

772

893

Deferred

tax

£

Balance at 1 April 2025

893

Credit to Income Statement during year

(121

)

Balance at 31 March 2026

772

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

244,325

Profit for the year

30,951

At 31 March 2026

275,276

12.	RELATED PARTY DISCLOSURES

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

At the year end, Bloodworths Hardware & DIY Ltd owed Ace Hardware & DIY Ltd £41,000 (2024: £41,000) and this amount is included within creditors.

Ace Hardware & DIY Ltd has one other wholly owned subsidiary, Yatton Hardware & DIY Ltd (Company Number 10924096, registered in England and Wales).

During the year, Bloodworths Hardware & DIY Ltd loaned Yatton Hardware & DIY Ltd £5,000 (2025: £52,000). A total of £105,000 (2025: £100,000) is outstanding at the year end and this amount is included within debtors.