D C Leake Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 00512946

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		248,743		260,969
Investments	6		4,800		4,800

			253,543		265,769
CURRENT ASSETS
Stocks	7	751,731		730,368
Debtors	8	1,034		974
Cash at bank and in hand		33,671		76,660

		786,436		808,002
Creditors: Amounts Falling Due Within One Year	9	(379,196 )		(408,473 )

NET CURRENT ASSETS (LIABILITIES)			407,240		399,529

TOTAL ASSETS LESS CURRENT LIABILITIES			660,783		665,298

Creditors: Amounts Falling Due After More Than One Year	10		(119,068 )		(139,147 )

NET ASSETS			541,715		526,151

CAPITAL AND RESERVES
Called up share capital	12		6,000		6,000
Profit and Loss Account			535,715		520,151

SHAREHOLDERS' FUNDS			541,715		526,151

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D C Leake Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Nigel Leake

Director

15 October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

D C Leake Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00512946 . The registered office is 106 Abbey Street, Nuneaton, Warwickshire, CV11 5BX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% straight line
Fixtures & Fittings	10% reducing balance
Computer Equipment	20% straight line

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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D C Leake Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 8)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	3,459

As at 31 March 2026	3,459

Amortisation
As at 1 April 2025	3,459

As at 31 March 2026	3,459

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	402,432	166,492	7,124	576,048

As at 31 March 2026	402,432	166,492	7,124	576,048

...CONTINUED

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D C Leake Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	171,624	138,996	4,459	315,079
Provided during the period	8,049	2,753	1,424	12,226

As at 31 March 2026	179,673	141,749	5,883	327,305

Net Book Value
As at 31 March 2026	222,759	24,743	1,241	248,743

As at 1 April 2025	230,808	27,496	2,665	260,969

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2025	4,800

As at 31 March 2026	4,800

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	4,800

As at 1 April 2025	4,800

7. Stocks

	2026	2025
	£	£
Stock	751,731	730,368

8. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	1,034	974

9. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	114,024	154,798
Bank loans and overdrafts	27,495	22,055
Other loans	34,775	39,666
Other creditors	24,113	41,241
Taxation and social security	178,789	150,713

	379,196	408,473

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D C Leake Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	69,136	96,016
Other loans	49,932	43,131

	119,068	139,147

11. Secured Creditors

Bank loans of £93,604 (2025: £118,071) are secured by a legal charge over the company’s freehold property at 23 Market Place, Nuneaton, in favour of Barclays Bank PLC, registered at Companies House on 15 June 2002. The company’s other loans are unsecured.

	2026		2025
	£		£
Bank loans and overdrafts	93,604		118,071

12. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
3,566 Ordinary A shares of £ 1.00 each	3,566	3,566
1 Ordinary B shares of £ 1.00 each	1	1
2,433 Ordinary C shares of £ 1.00 each	2,433	2,433

	6,000	6,000

13. Other Commitments

The company had total commitments under non-cancellable operating leases of £1,978 at 31 March 2026 (2025: £7,912), all of which is payable within one year (2025: £5,934 within one year and £1,978 between one and five years).

	2026	2025
	£	£
Not later than one year	1,978	5,934
Later than one year and not later than five years	-	1,978

	1,978	7,912

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