REGISTERED NUMBER: 00307357 (England and Wales)

Stokers Limited

Strategic Report, Report of the Directors and

Audited Financial Statements

for the Year Ended 30 April 2026

Page

Company Information

1

Strategic Report

2

Report of the Directors

5

Report of the Independent Auditors

8

Income Statement

11

Other Comprehensive Income

12

Balance Sheet

13

Statement of Changes in Equity

14

Cash Flow Statement

15

Notes to the Cash Flow Statement

16

Notes to the Financial Statements

17

DIRECTORS:

JN Stoker

SG Schofield

SECRETARY:

JN Stoker

REGISTERED OFFICE:

277 Wennington Road

Southport

Merseyside

PR9 7TW

REGISTERED NUMBER:

00307357 (England and Wales)

AUDITORS:

McMillan & Co LLP

Chartered Accountants and

Statutory Auditor

28 Eaton Avenue

Matrix Office Park

Buckshaw Village

Chorley

Lancashire

PR7 7NA

The directors present their strategic report for the year ended 30 April 2026.

The company is a member of the Stokers Holdings Limited group of companies and the Group manages its operations on a divisional basis and for a further understanding of the business as a whole reference should be made to the consolidated financial statements and the group's strategic report.

REVIEW OF BUSINESS

Stokers Limited's primary objective is to be the best independent furniture business in the country by providing quality products at the very best price with excellent customer service, and to achieve this in a family run business with highly qualified and motivated staff. We will achieve this goal by investing in our people, our stores, and our products. We constantly train and evaluate all our staff, so they consistently achieve some of the best performance criteria in the industry. We maintain high standards in our stores with regular refurbishment of displays and premises.

Our buyers are some of the leading figures in the industry, selecting the best products from around the globe and, with our purchasing power, excellent value for money is always achieved. The long-term objective is to bring this level of service to more consumers around the country by expanding into areas not already served by one of our existing stores. The Stokers Group continues to seek further expansion opportunities either by acquiring businesses, sites, or suitable premises in future years.

In what is a very challenging retail market, with both domestic and international pressures, the company continues to maintain a very strong balance sheet with net assets of over £22m (2025: £21m). Cash remains steady at £2.3m (2025: £2.1m) and the company can call upon over £19m of cash from the parent company at any point.

For this reason, the directors are confident that the company can maintain its expansion plans and at the same time weather any storms the UK economy may endure.

The company has always recognised the importance of minimising its' impact upon the environment and has done and will continue to seek ways to reduce its carbon footprint. The company commissioned a full energy performance review and the results of this are included in this report.

The company would like to thank all of its employees for their hard work and dedication over the past few challenging years. The directors believe that their commitment and the strength of the group's finances make the company well-prepared for future growth and continued profitability.

KEY PERFORMANCE INDICATORS

The directors monitor the performance of the company on the following Key Performance Indicators ("KPI's") - sales, profit margins, overall company profitability and cash generated.

2026

2025

Sales

£61.3m

£59.4m

Gross profit margin

39.0%

37.9%

Operating profit margin

8.1%

6.9%

Operating profits

£5.0m

£4.1m

Bank and cash balances at year end

£2.3m

£2.1m

Net assets

£22.7m

£21.4m

SECTION 172(1) STATEMENT

Introduction

As directors we are committed to promoting the success of the company for the benefit of the Group as a whole. In doing so, we have regard to the matters set out in Section 172(1) of the Companies Act 2006.

Long-Term Decision Making

We consider the likely consequences of our decisions in the long term. This includes evaluating the sustainability of our business model, investing in innovation, and ensuring that our strategic plans align with our long-term goals.

Employee Interests

Our employees are our most valuable asset. We strive to create a positive working environment, offer opportunities for professional development, and ensure fair treatment and equal opportunities for all.

The board addresses the employees in forums to update them on the company's performance and to enable employees to put forward comments and feedback together with any suggestions for change.

Business Relationships

We recognise the importance of fostering strong relationships with our suppliers, customers, and other stakeholders. We engage in regular dialogue with our partners to ensure mutual benefit and long-term collaboration.

Regular supply meetings take place where any feedback on quality, delivery and payment times can be discussed openly and honestly.

Community and Environment

We are committed to minimising our environmental impact and contributing positively to the communities in which we operate. This includes implementing sustainable practices and supporting local initiatives or charities for example wherever possible.

High Standards of Business Conduct

Maintaining a reputation for high standards of business conduct is crucial to our success. We adhere to ethical practices, comply with all relevant regulations, and promote a culture of integrity within the company.

Fairness Between Members

The Directors and their families between them own 100% of the shares of Stokers Holdings Limited, the parent undertaking, and as such the shareholders of Stokers Holdings Limited hold an implicit knowledge of the decisions made by the Directors.

Conclusion

The directors are dedicated to promoting the success of the company while considering the broader impact of our actions on employees, business partners, the community, and the environment.

ENGAGEMENT WITH EMPLOYEES

Details of the number of employees and related costs are included within the notes to the financial statements.

Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of an employee becoming disabled every effort is made to ensure that their employment with the company continues and that appropriate training and support is given. It is the policy of the company that the training, career development and promotion of disabled persons should, as far as possible, be identical with that of other employees.

The company participates in the group's policies and practices to keep employees informed on matters relevant to them as employees and economic factors affecting the company's performance through regular meetings and other communications. Employee representatives are consulted regularly on a wide range of matters affecting their interests. The company encourages employee involvement in its performance through incentive schemes.

The company operates a group personal pension scheme for the benefit of all eligible employees who wish to join. Employer contributions are between 3 and 5% of earnings dependent upon individual circumstances.

PRINCIPAL RISKS AND UNCERTAINTIES

At the present time the directors and management are faced with these principal risks to the business;

The performance of the economy, together with the continually changing political landscape, is creating a challenging retail environment.

Consumers face significant pressure from higher taxes and rising costs, compounded by environmental policies that impose additional financial burdens on both households and businesses.

These pressures are likely to weaken consumer confidence and reduce disposal income, limiting consumers' ability to spend on discretionary, big ticket purchases.

Businesses also continue to face growing regulatory and administrative demands, which increase costs and constrain productivity. Improving productivity remains one of the most significant challenges as companies contend with rising expenses and squeezed margins.

Against a difficult backdrop, our company has continued to improve its processes and systems through the adoption of modern technology. These investments have increased productivity and enabled us to maintain a stable headcount despite higher turnover and increased levels of activity.

Reference should be made to the Group's report and financial statements for those risks affecting the Group as a whole.

ON BEHALF OF THE BOARD:

JN Stoker - Secretary

18 August 2026

The directors present their report with the financial statements of the company for the year ended 30 April 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the retailing of furniture, carpets and other household products in the UK. There have not been any significant changes in the company's principal activities in the year and neither do the directors anticipate any significant changes in the future.

DIVIDENDS

A dividend was paid to the parent undertaking during the year of £2.5m (2025: £2.5m).

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2025 to the date of this report.

JN Stoker

SG Schofield

Mr JN Stoker and Mr SG Schofield are also directors of the holding company, Stokers Holdings Limited.

ENVIRONMENTAL

The company recognises the importance of its environmental responsibilities, monitors its impact on the environment and designs and implements policies to reduce any damage that might be caused by the company's activities. Such initiatives include the recycling of as much packaging material and other items as practically possible and reducing energy consumption, particularly within the stores.

MODERN SLAVERY STATEMENT

The company's policy regarding Modern Slavery is set out and regularly updated on our website. This policy statement applies to all persons working for us or on our behalf in any capacity, including employees at all levels, directors, officers, agency workers, seconded workers, volunteers, agents, contractors and suppliers. Stokers Limited strictly prohibits the use of modern slavery and human trafficking in our operations and supply chain. We have and will continue to be committed to implementing systems and controls aimed at ensuring that modern slavery is not taking place anywhere within our organisation or in any of our supply chains. We expect that our suppliers will hold their own suppliers to the same high standards.

STREAMLINED ENERGY AND CARBON REPORTING

Stokers Limited's greenhouse gas emissions, reportable under the Streamlined Energy and Carbon Reporting (SECR) for the year ended 30 April 2026 were 926 tonnes CO2e and this compares to 1,014 tonnes CO2e for the previous year - a reduction of 88 tonnes CO2e. These include the emissions associated with electricity, natural gas consumption, and business travel in company and private vehicles by employees.

In accordance with the legislation an intensity ratio has been calculated, and for Stokers Limited this is 15.1 tonnes CO2e per £m of revenues and this compares to 17.1 tonnes CO2e per £m revenue for the previous year.

Greenhouse gas emissions

Greenhouse gas emissions for the year 2025/26 expressed in tonnes CO2e ("tCO2e") totalled 926 on revenues of £61.3m compared to 1,014 on revenues of £59.4m for 2024/25. This can be broken down as;

2026

2025

tCO2e

% of total

tCO2e

% of total

-

Natural gas

245

26

290

29

-

Transportation Fuel

348

38

380

37

-

Electricity

333

36

344

34

The company's critical intensity ratios are;

2026

2025

tCO2e per £m

tCO2e per £m

-

Revenue intensity ratio

15.1

17.1

tCO2e per sqm

tCO2e per sqm

-

Area intensity ratio

0.012

0.013

The breakdown of greenhouse gas emissions by scope for the year 2025/26 and 2024/25 expressed in tonnes CO2e were;

2026

2025

tCO2e

% of total

tCO2e

% of total

-

Natural gas and company-operated transport

593

64

671

66

-

Electricity

303

33

310

31

-

Losses from electricity distribution and transmission

30

3

33

3

This only includes emissions reportable under SECR and may not reflect the entire carbon footprint of the organisation.

Energy consumption

Energy consumption by year (kWh) and by Emissions source;

2026

2025

kWh

% of total

kWh

% of total

-

Natural gas

1,327,582

26

1,589,459

32

-

Transportation Fuel

1,423,802

28

1,585,732

32

-

Electricity (purchased)

2,311,525

46

1,755,081

36

Total Energy Consumption

5,062,909

4,930,272

There was an increase of 132,637 KWh on the prior year (2024/25: reduction - 60,194 KWh).

Boundary, methodology and exclusions

An 'operational control' approach has been used to define the Greenhouse Gas emissions boundary. This approach captures emissions associated with the operation of all buildings such as warehouses, offices, and manufacturing sites, plus company-owned and leased transport. This report covers UK operations only, as required by SECR for Non-Quoted Large Companies.

This information was collected and reported in line with the methodology set out in the UK Government's Environmental Reporting Guidelines, 2019 as well as the GHG Reporting Protocol - Corporate Standard, updated for the June 2026 UK Government conversion factors. Emissions have been calculated using the latest conversion factors provided by the UK Government. There are no material omissions from the mandatory reporting scope. The reporting period is for the years ended 30 April 2026 and 30 April 2025 as per the financial statements.

Energy efficiency initiatives

The company has been pro-active throughout both 2025/26 and 2024/25 reporting periods and the directors set out below some of the energy efficiency initiatives that the company has been undertaking:

-

LED fittings retrofit: We have an ongoing plan to replace old fluorescent tubes with LED alternatives as they fail. Similarly the directors we are also looking to install motion detectors to the lighting whenever practicable.

-

Solar PV installation: The company continues the roll out of PV at its stores and further installations are planned for the coming years as the company continues to reduce its electricity consumption.

-

Delivery vehicle upgrade: We are continuing to replace our older Euro 4 and 5 deliver vehicles with new Euro 6 vehicles and will continue to look at reducing the size and weight of our vehicles, giving greater mpg, where we can.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, McMillan & Co LLP, are deemed to be reappointed under section 487(2) of the Companies Act 2006.

ON BEHALF OF THE BOARD:

JN Stoker - Secretary

18 August 2026

Opinion

We have audited the financial statements of Stokers Limited (the 'company') for the year ended 30 April 2026 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 30 April 2026 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page seven, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

-

the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

-

we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector;

-

we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmental and health and safety legislation;

-

we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

-

identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

-

making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

-

considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

-

performed analytical procedures to identify any unusual or unexpected relationships, and

-

tested journal entries to identify unusual transactions,

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

-

agreeing financial statement disclosures to underlying supporting documentation;

-

reading the minutes of meetings of those charged with governance;

-

enquiring of management as to actual and potential litigation and claims; and

-

reviewing correspondence with HMRC, relevant regulators including the Health and Safety Executive, and the company's legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Andrea Gerring FCA (Senior Statutory Auditor)

for and on behalf of McMillan & Co LLP

Chartered Accountants and

Statutory Auditor

18 August 2026

TURNOVER

3

61,325,751

59,371,110

Cost of sales

37,431,547

36,861,726

GROSS PROFIT

23,894,204

22,509,384

Distribution costs

14,303,395

13,591,391

Administrative expenses

4,854,091

5,048,130

19,157,486

18,639,521

4,736,718

3,869,863

Other operating income

248,817

212,738

OPERATING PROFIT

5

4,985,535

4,082,601

Income from shares in group undertakings

-

26,010

Interest receivable and similar income

83,127

143,733

83,127

169,743

5,068,662

4,252,344

Amounts written off investments

6

-

26,010

5,068,662

4,226,334

Interest payable and similar expenses

7

32,211

-

PROFIT BEFORE TAXATION

5,036,451

4,226,334

Tax on profit

8

1,270,468

872,826

PROFIT FOR THE FINANCIAL YEAR

3,765,983

3,353,508

PROFIT FOR THE YEAR

3,765,983

3,353,508

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

3,765,983

3,353,508

FIXED ASSETS

Intangible assets

10

-

-

Tangible assets

11

4,375,350

4,592,431

Investments

12

106

106

4,375,456

4,592,537

CURRENT ASSETS

Stocks

13

8,749,046

9,167,747

Debtors

14

22,681,273

20,872,237

Cash at bank and in hand

2,290,018

2,144,681

33,720,337

32,184,665

CREDITORS

Amounts falling due within one year

15

14,668,470

14,670,674

NET CURRENT ASSETS

19,051,867

17,513,991

TOTAL ASSETS LESS CURRENT LIABILITIES

23,427,323

22,106,528

CREDITORS

Amounts falling due after more than one year

16

(6

)

(6

)

PROVISIONS FOR LIABILITIES

18

(753,584

)

(698,772

)

NET ASSETS

22,673,733

21,407,750

CAPITAL AND RESERVES

Called up share capital

19

431,709

431,709

Capital redemption reserve

20

68,291

68,291

Retained earnings

20

22,173,733

20,907,750

SHAREHOLDERS' FUNDS

22,673,733

21,407,750

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by:

JN Stoker - Director

SG Schofield - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 May 2024

431,709

20,054,242

68,291

20,554,242

Changes in equity

Dividends

-

(2,500,000

)

-

(2,500,000

)

Total comprehensive income

-

3,353,508

-

3,353,508

Balance at 30 April 2025

431,709

20,907,750

68,291

21,407,750

Changes in equity

Dividends

-

(2,500,000

)

-

(2,500,000

)

Total comprehensive income

-

3,765,983

-

3,765,983

Balance at 30 April 2026

431,709

22,173,733

68,291

22,673,733

Cash flows from operating activities

Cash generated from operations

1

7,061,830

5,100,560

Interest paid

(32,211

)

-

Tax paid

(1,394,557

)

(245,818

)

Net cash from operating activities

5,635,062

4,854,742

Cash flows from investing activities

Purchase of tangible fixed assets

(666,456

)

(1,310,917

)

Sale of tangible fixed assets

833

13,300

Sale of fixed asset investments

-

3

Interest received

83,127

143,733

Dividends received

-

26,010

Net cash from investing activities

(582,496

)

(1,127,871

)

Cash flows from financing activities

Funding group entities

(2,407,229

)

(1,604,115

)

Dividends paid to parent

(2,500,000

)

(2,500,000

)

Net cash from financing activities

(4,907,229

)

(4,104,115

)

Increase/(decrease) in cash and cash equivalents

145,337

(377,244

)

Cash and cash equivalents at beginning of year

2

2,144,681

2,521,925

Cash and cash equivalents at end of year

2

2,290,018

2,144,681

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2026

2025

£

£

Profit before taxation

5,036,451

4,226,334

Depreciation charges

871,218

628,863

Loss/(profit) on disposal of fixed assets

11,485

(13,300

)

Finance costs

32,211

-

Finance income

(83,127

)

(169,743

)

5,868,238

4,672,154

Decrease/(increase) in stocks

418,701

(777,619

)

Decrease in trade and other debtors

598,193

672,998

Increase in trade and other creditors

176,698

533,027

Cash generated from operations

7,061,830

5,100,560

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 30 April 2026

30/4/26

1/5/25

£

£

Cash and cash equivalents

2,290,018

2,144,681

Year ended 30 April 2025

30/4/25

1/5/24

£

£

Cash and cash equivalents

2,144,681

2,521,925

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/5/25

Cash flow

At 30/4/26

£

£

£

Net cash

Cash at bank and in hand

2,144,681

145,337

2,290,018

2,144,681

145,337

2,290,018

Total

2,144,681

145,337

2,290,018

1.	STATUTORY INFORMATION

Stokers 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.

The presentation currency of the financial statements is the Pound Sterling (£) and the amounts in the financial statements have been 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

During the year, certain expense categories were recategorised to improve user understanding. The comparatives have also been amended. There is no impact on operating profit.

Preparation of consolidated financial statements

The financial statements contain information about Stokers Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Stokers Holdings Limited, 277 Wennington Road, Southport, Merseyside.

Significant judgements and estimates

In determining the carrying amounts of certain assets and liabilities, the company makes calculated assumptions based on the effects of uncertain future events on those assets and liabilities at the balance sheet date. The company's estimates and assumptions are based on historical experience and expectations of future events and are reviewed periodically and updated to reflect current market conditions as required.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The financial statements include transactions at retail locations up to and including the nearest Saturday to 30 April each year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold Improvements

-

at varying rates on cost

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

25% on cost

Assets in the course of construction at the reporting date are recognised at cost, which is based on the work done plus other direct costs incurred. No depreciation is charged on these assets until the period in which they are fully brought into use.

Development costs directly attributable to the design, build, and implementation of the company’s new e-commerce website are capitalised within tangible fixed assets. Capitalisation commences only when the project has progressed past the research phase, technical feasibility is demonstrated, and it is probable that the website will generate future economic benefits via direct online sales.