REGISTERED NUMBER: 07204857 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

St Margaret's Somerset Hospice

Retail Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T G Samuel

J Hall

REGISTERED OFFICE:

Heron Drive

Bishops Hull

Taunton

Somerset

TA1 5HA

REGISTERED NUMBER:

07204857 (England and Wales)

SENIOR STATUTORY AUDITOR:

Alexandra Shore FCA DChA

AUDITORS:

A C Mole LLP

Chartered Accountants

& Statutory Auditor

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

CURRENT ASSETS

Stocks

140,565

138,174

Cash at bank

1,350

975

TOTAL ASSETS LESS CURRENT LIABILITIES

141,915

139,149

CREDITORS

Amounts falling due after more than one year

4

141,815

139,049

NET ASSETS

100

100

CAPITAL AND RESERVES

Called up share capital

100

100

100

100

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2026 and were signed on its behalf by:

T G Samuel - Director

1.	STATUTORY INFORMATION

St Margaret's Somerset Hospice Retail Limited is a private company limited by shares. It is a wholly owned subsidiary of St Margaret's Somerset Hospice and the principal activity of the company is to sell new goods through St Margaret's Somerset Hospice Charity shops. Retained profits from the company's principal activity are donated to St Margaret's Somerset Hospice. The company number is 07204857, registered in England and Wales. The date of incorporation was 5 October 2012 and the Registered office is Heron Drive, Bishops Hull, Taunton, Somerset, TA1 5HA.

2.	ACCOUNTING POLICIES

Basis of preparation

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.

Going Concern

The company is reliant upon the continued operational and financial support of St Margaret's Somerset Hospice to continue in operational existence and the Trustees of the charity have confirmed they will continue to provide this support.

Currency

The functional and presentational currency is pound sterling.

Turnover

Turnover is recognised when the risks and rewards of ownership have transferred to the customer. Retail shop sales are recognised at the point of sale to the customer and are settled by cash or credit/debit card.

Stocks

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

Gift aid

Under its Deed of Covenant, the company is obliged to gift its net profit to St Margaret's Somerset Hospice each year. Accordingly any gift aid donations are shown as an operating expense in the financial year and as a liability at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Amounts owed to group undertakings

141,815

139,049

5.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Alexandra Shore FCA DChA (Senior Statutory Auditor)

for and on behalf of A C Mole LLP

6.	RELATED PARTY DISCLOSURES

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.

7.	ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The ultimate parent undertaking and controlling party is St Margaret's Somerset Hospice, of Heron Drive, Bishops Hull, Taunton, Somerset, TA1 5HA, a company incorporated in England and Wales, company registration number 01471345, charity number 279473. A copy of their financial statements can be obtained from the Charity Commission.