"Looking ahead we remain very cautious about the outlook for retail given the background of a weakening consumer economy, " Mr Lane-Smith added.

BBC: JJB Sports store

"My non-executive board colleague David Jones formerly Chairman and CEO of Next Plc has described the current climate as 'the worst retail recession I have ever known', " chaiman Roger Lane-Smith said.

BBC: JJB Sports store

John Smith from Stoggy Lane, Plympton, was presented with a certificate from Cdr Chris Baldwin, the Royal Navy's diving superintendent.

BBC: Diver John Smith