EPLA RETAIL LTD

Company Registration Number:
15259104 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 3 November 2023

End date: 31 December 2024

EPLA RETAIL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

EPLA RETAIL LTD

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The director presents her report and the financial statements for the year ended 31 December 2024. The principal activity of the company during the year continued to be the retail sale and distribution of animal health products through both online and physical retail channels. The company also engages in intercompany transactions within the EPLA Group, supplying products to related entities as part of its integrated animal healthcare services. During the financial year, the company made a loss as a result of initial investment in branding, IT infrastructure, website development, and the setup of new retail premises. These costs are considered start-up and establishment expenses that were essential for building the company’s long-term retail platform. The directors consider this loss typical of an early-stage trading period and confirm that it does not affect the ongoing financial viability of the business. The company is now fully operational across both its online and retail channels, and early 2025 trading performance has shown encouraging signs of sustainable growth and profitability. The director is satisfied with the company’s financial position at the year-end and considers it sound. No dividends were declared or paid during the year. The director who held office during the year and up to the date of this report was:- Diane Elizabeth Gilby The company made no political donations during the year.

Political and charitable donations

The company made no political and charitable donations during the year.

Company policy on disabled employees

EPLA Retail Limited is committed to promoting equality of opportunity and an inclusive workplace where all individuals are treated with dignity and respect. The company prohibits any form of discrimination on the grounds of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, or sexual orientation. Where employees or applicants have a disability, reasonable adjustments will be made to support their employment and enable them to perform effectively. All employment decisions are based on merit, ability, and business needs. Any breaches of this policy may result in disciplinary action. This policy is reviewed annually to ensure compliance with the Equality Act 2010. Equal Opportunities Policy EPLA Retail Limited provides equal opportunities to all employees and applicants. The company values diversity and is committed to creating a working environment free from discrimination, harassment, and victimisation. All recruitment, training, and promotion decisions are made solely on objective criteria relevant to the role. Job advertisements are written inclusively and applicants are shortlisted based on skills and suitability. Managers and employees share responsibility for upholding this policy and fostering a culture of respect and inclusion within the workplace

Additional information

Statement of Directors’ Responsibilities The director is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the director is required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in business. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditors The company does not have a statutory requirement to appoint auditors for the year ended 31 December 2024. Approval



Directors

The director shown below has held office during the whole of the period from
3 November 2023 to 31 December 2024

Diane Elizabeth Gilby

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 September 2025

And signed on behalf of the board by:
Name: Diane Elizabeth Gilby
Status: Director

EPLA RETAIL LTD

Profit And Loss Account

for the Period Ended 31 December 2024

14 months to 31 December 2024


£
Turnover: 98,120
Cost of sales: ( 74,539 )
Gross profit(or loss): 23,581
Distribution costs: ( 8,128 )
Administrative expenses: ( 57,345 )
Other operating income: 0
Operating profit(or loss): (41,892)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (41,892)
Tax: 0
Profit(or loss) for the financial year: (41,892)

EPLA RETAIL LTD

Balance sheet

As at 31 December 2024

Notes 14 months to 31 December 2024


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Tangible assets: 3 264
Investments:   0
Total fixed assets: 264
Current assets
Stocks: 4 9,023
Debtors: 5 26,302
Cash at bank and in hand: 110
Total current assets: 35,435
Prepayments and accrued income: 1,199
Creditors: amounts falling due within one year: 6 ( 78,789 )
Net current assets (liabilities): (42,155)
Total assets less current liabilities: (41,891)
Total net assets (liabilities): (41,891)
Capital and reserves
Called up share capital: 1
Profit and loss account: (41,892 )
Total Shareholders' funds: ( 41,891 )

The notes form part of these financial statements

EPLA RETAIL LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Diane Elizabeth Gilby
Status: Director

The notes form part of these financial statements

EPLA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the fair value of consideration received or receivable for goods and services provided in the ordinary course of business, excluding VAT and discounts. Revenue is recognised as follows:- Retail and Online Sales: Revenue is recognised at the point of sale or payment, which coincides with the date of invoice issue and dispatch of goods.- Intercompany Sales: Revenue is recognised at the point the goods are dispatched and invoiced to related group entities. This reflects the transfer of control of goods to the customer and the completion of the performance obligation. Deferred income is recorded for advance payments where applicable.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided to write off the cost, less the estimated residual value, of each asset on a straight-line basis over its estimated useful life as follows: - Shop fixtures and fittings – 4 to 5 years - Computer and IT equipment – 3 years - Office furniture and fittings – 5 years Residual values, useful lives, and depreciation methods are reviewed annually and adjusted if appropriate.

    Intangible fixed assets amortisation policy

    Intangible assets, such as proprietary developments or software systems, are capitalised when it is probable that they will generate future economic benefits. These assets are amortised over their estimated useful lives, typically 3 to 5 years.

    Valuation information and policy

    Stocks are valued at the lower of cost and net realisable value. Cost includes all direct costs of purchase and, where applicable, direct labour and overheads attributable to bringing the stock to its present condition.

    Other accounting policies

    The financial statements have been prepared in accordance with Financial Reporting Standard 102 (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland, and the Companies Act 2006. They are prepared under the historical cost convention and presented in pounds sterling (£), which is the company’s functional and presentational currency. Going Concern The directors have assessed the company’s ability to continue as a going concern and are satisfied that the company has adequate resources to meet its obligations for at least twelve months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis. Debtors Trade and other debtors are recognised initially at transaction price and subsequently measured at amortised cost less provision for expected credit losses. Creditors Trade and other creditors are recognised initially at transaction price and subsequently measured at amortised cost. Cash and Cash Equivalents Cash and cash equivalents include cash at bank, cash in hand, and short-term deposits with maturities of three months or less. Taxation The tax charge for the year comprises current and deferred tax. Current tax is based on the taxable profit for the year using the tax rates enacted at the balance sheet date. Deferred tax is provided in full on temporary differences between the carrying amounts of assets and liabilities for financial reporting and tax purposes. Leases Operating lease payments are charged to the profit and loss account on a straight-line basis over the term of the lease. Pensions The company operates a defined contribution pension scheme for eligible employees. Contributions are charged to the profit and loss account as they fall due. The company only enters into basic financial instruments as defined under FRS 102. These include trade debtors, trade creditors, and cash. Related Party Transactions ScientifEQ Ltd is a wholly owned subsidiary of EPLA Group Ltd, which is the company’s ultimate parent undertaking and controlling entity. During the financial year, ScientifEQ Ltd may enter into transactions with related parties, including other entities within the EPLA Group or directors, in the normal course of business. All related party transactions are conducted on an arm’s length basis and in accordance with normal commercial terms. Balances outstanding at the year-end are disclosed in the financial statements where material, and no guarantees have been given or received in relation to these balances. The directors monitor all intercompany transactions to ensure transparency and compliance with both FRS 102 Section 33 and the Companies Act 2006. Judgements and Key Estimates Management reviews areas of significant judgement annually, including depreciation rates, impairment assessments, and recoverability of debtors, ensuring all estimates remain reasonable and consistent with business conditions.

EPLA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    14 months to 31 December 2024
    Average number of employees during the period 1

EPLA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 264 264
Disposals
Revaluations
Transfers
At 31 December 2024 264 264
Depreciation
Charge for year 0 0
On disposals
Other adjustments
At 31 December 2024 0 0
Net book value
At 31 December 2024 264 264

EPLA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Stocks

14 months to 31 December 2024
£
Stocks 9,023
Payments on account 0
Total 9,023

EPLA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

14 months to 31 December 2024
£
Trade debtors 19,503
Other debtors 6,799
Total 26,302

EPLA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

14 months to 31 December 2024
£
Bank loans and overdrafts 7,465
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 71,324
Total 78,789

EPLA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Financial Commitments

At the balance sheet date, the company had no outstanding financial commitments under non-cancellable operating leases, finance leases, or hire purchase contracts. The company also had no capital commitments authorised or contracted for at the year-end. Accordingly, no provision or disclosure has been required in respect of future capital expenditure or lease obligations.

EPLA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Loans to directors

During the financial year, the company did not make, grant, or guarantee any loans, advances, or credit facilities to any director, nor to any person connected with a director, as defined under Section 413 of the Companies Act 2006. At the balance sheet date, no amounts were outstanding in respect of loans, advances, or guarantees made to or on behalf of the directors. Accordingly, no disclosures or provisions have been required in the financial statements in respect of directors’ loan transactions.