REGISTERED NUMBER: 10553285 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

SHOVEL & SPADE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Wells

REGISTERED OFFICE:

6 Buffers Lane

Kingston Square

Leatherhead

KT22 7XP

REGISTERED NUMBER:

10553285 (England and Wales)

ACCOUNTANTS:

RJP LLP

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

FIXED ASSETS

Tangible assets

4

65,432

82,172

CURRENT ASSETS

Debtors

5

20,054

43,784

Cash at bank

213,318

82,595

233,372

126,379

CREDITORS

Amounts falling due within one year

6

155,375

93,820

NET CURRENT ASSETS

77,997

32,559

TOTAL ASSETS LESS CURRENT LIABILITIES

143,429

114,731

CREDITORS

Amounts falling due after more than one year

7

-

(14,099

)

PROVISIONS FOR LIABILITIES

9

(16,358

)

(15,661

)

NET ASSETS

127,071

84,971

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

127,070

84,970

SHAREHOLDERS' FUNDS

127,071

84,971

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 13 October 2026 and were signed by:

M Wells - Director

1.	STATUTORY INFORMATION

Shovel & Spade 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 represents net invoiced sales of landscaping services and materials, excluding Value Added Tax.

Turnover is recognised in the period in which the service was provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 20% on cost

Taxation and deferred 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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

205,106

Additions

24,682

Disposals

(470

)

At 31 January 2026

229,318

DEPRECIATION

At 1 February 2025

122,934

Charge for year

41,422

Eliminated on disposal

(470

)

At 31 January 2026

163,886

NET BOOK VALUE

At 31 January 2026

65,432

At 31 January 2025

82,172

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2025

and 31 January 2026

38,444

DEPRECIATION

At 1 February 2025

10,427

Charge for year

9,611

At 31 January 2026

20,038

NET BOOK VALUE

At 31 January 2026

18,406

At 31 January 2025

28,017

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

7,020

4,929

Other debtors

13,034

38,855

20,054

43,784

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

4,513

6,000

Hire purchase contracts (see note 8)

9,586

10,268

Trade creditors

34,751

26,494

Taxation and social security

55,707

9,779

Other creditors

50,818

41,279

155,375

93,820

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

-

4,513

Hire purchase contracts (see note 8)

-

9,586

-

14,099

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.1.26

31.1.25

£

£

Net obligations repayable:

Within one year

9,586

10,268

Between one and five years

-

9,586

9,586

19,854

Non-cancellable

operating leases

31.1.26

31.1.25

£

£

Within one year

-

344

9.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

16,358

15,661

Deferred

tax

£

Balance at 1 February 2025

15,661

Provided during year

697

Balance at 31 January 2026

16,358

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

1

Ordinary

£1

1

1

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Director

Balance outstanding at start of year

(14,387

)

(21,062

)

Amounts advanced

50,073

70,144

Amounts repaid

(51,940

)

(63,469

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(16,254

)

(14,387

)