REGISTERED NUMBER: 06162835 (England and Wales)

LL DIY HOME AND GARDEN CENTRE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Jones

C R Meadows

D J Linstead

REGISTERED OFFICE:

Station Approach

Barmouth

Gwynedd

LL42 1LU

REGISTERED NUMBER:

06162835 (England and Wales)

ACCOUNTANTS:

E W Owen & Co

Glyndwr Buildings

Glyndwr Street

Dolgellau

Gwynedd

LL40 1BB

FIXED ASSETS

Intangible assets

4

5,812

11,614

Tangible assets

5

423,564

18,263

429,376

29,877

CURRENT ASSETS

Stocks

118,000

123,600

Debtors

6

87,543

150,259

Cash at bank and in hand

182,425

289,754

387,968

563,613

CREDITORS

Amounts falling due within one year

7

639,701

275,881

NET CURRENT (LIABILITIES)/ASSETS

(251,733

)

287,732

TOTAL ASSETS LESS CURRENT LIABILITIES

177,643

317,609

PROVISIONS FOR LIABILITIES

3,052

4,241

NET ASSETS

174,591

313,368

CAPITAL AND RESERVES

Called up share capital

3

1

Retained earnings

174,588

313,367

SHAREHOLDERS' FUNDS

174,591

313,368

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2026 and were signed on its behalf by:

S D Jones - Director

C R Meadows - Director

D J Linstead - Director

1.	STATUTORY INFORMATION

LL DIY Home and Garden Centre 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 2007, is being amortised evenly over its estimated useful life of twenty 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.

Plant and machinery etc

-

20% 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

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 15 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

116,050

AMORTISATION

At 1 January 2025

104,436

Charge for year

5,802

At 31 December 2025

110,238

NET BOOK VALUE

At 31 December 2025

5,812

At 31 December 2024

11,614

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

-

34,200

15,225

Additions

407,750

374

-

At 31 December 2025

407,750

34,574

15,225

DEPRECIATION

At 1 January 2025

-

25,519

10,220

Charge for year

-

906

1,001

At 31 December 2025

-

26,425

11,221

NET BOOK VALUE

At 31 December 2025

407,750

8,149

4,004

At 31 December 2024

-

8,681

5,005

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

25,554

11,971

86,950

Additions

-

-

408,124

At 31 December 2025

25,554

11,971

495,074

DEPRECIATION

At 1 January 2025

24,995

7,953

68,687

Charge for year

112

804

2,823

At 31 December 2025

25,107

8,757

71,510

NET BOOK VALUE

At 31 December 2025

447

3,214

423,564

At 31 December 2024

559

4,018

18,263

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

87,543

124,377

Other debtors

-

25,882

87,543

150,259

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Pre-receipt

65,228

75,150

Trade creditors

59,016

92,474

Taxation and social security

36,395

48,890

Other creditors

479,062

59,367

639,701

275,881