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REGISTERED NUMBER: 03447221 (England and Wales)

| BYROM (SOUTH WALES) LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 SEPTEMBER 2025 |

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

BYROM (SOUTH WALES) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTORS: | Ms G E Davies Jones

| Mrs C Harris

| REGISTERED OFFICE: | Rhoose Pharmacy

| 53 Fontygary Road Rhoose

| Barry

| SOUTH GLAMORGAN

| CF62 3DT

| REGISTERED NUMBER: | 03447221 (England and Wales)

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

BALANCE SHEET

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 59,486 |  | 65,959 |  |

CURRENT ASSETS

Stocks | 5 | 48,663 |  | 69,570 |  |

Debtors | 6 | 740,463 |  | 684,745 |  |

Cash at bank and in hand | 12,737 |  | 37,175 |  |

801,863 |  | 791,490 |  |

CREDITORS

Amounts falling due within one year | 7 | 236,179 |  | 244,817 |  |

NET CURRENT ASSETS | 565,684 |  | 546,673 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 625,170 |  | 612,632 |  |

CREDITORS

Amounts falling due after more than one year | 8 | - |  | (8,096 | ) |

PROVISIONS FOR LIABILITIES | 11 | (14,872 | ) | (16,490 | ) |

NET ASSETS | 610,298 |  | 588,046 |  |

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

BALANCE SHEET - continued

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 12 | 100 |  | 100 |  |

Retained earnings | 610,198 |  | 587,946 |  |

SHAREHOLDERS' FUNDS | 610,298 |  | 588,046 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 1 April 2026 and were signed on its behalf by:

Mrs C Harris - Director

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Byrom (South Wales) 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Going concern

| The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. In making their assessment, the directors have reviewed the balance sheet, the likely future cashflows of the business and have considered the facilities that are available to the company along with their continued support.

| At the date of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and that the going concern basis of accounting remains appropriate. The directors continue to adopt the going concern basis of accounting in preparing the financial statements.

| Significant judgements and estimates

| In the application of the company's accounting policies, which are described in note 2, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on a ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Turnover

| Turnover is measured at fair value of the consideration received or receivable net of VAT and discounts. The policies adopted for the recognition of turnover are as follows:-

| Sale of goods:

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the customer. The amount revenue can be measured reliably, it is probable that the economic benefit associated with the transaction.

| NHS income:

| Revenue from NHS services, including prescriptions and other related services, is recognised when the pharmacy has provided the service and is entitled to receive payment. This includes NHS prescriptions dispensed,which are recorded as turnover once verified and submitted for reimbursement, and any NHS income for commissioned services, which is recognised when the service obligation to the NHS is met.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lives:

| Plant and machinery - 20% on reducing balance

| Fixtures and fittings - 10% on reducing balance

| Computer equipment - 33% on cost

| Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

| Stocks

| Stocks are valued at the lower of cost and estimated selling price less cost to sell 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.

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Provisions

| Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefit will be required in settlement and the amount can be reliably estimated.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit and loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Cash and cash equivalents

| Cash and cash equivalents are basic financial instruments and include cash in hand and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Financial instruments

| The company has elected to apply the provisions of Section 11 ' Basic Financial Instruments '.

| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include trade and other debtors, loans to related companies and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

| Basic financial liabilities

| Basic financial liabilities, including trade and other creditors, loans to related companies and bank loans are initially recognised at transaction price unless the arrangement constitutes a financial transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 15 (2024 - 13 ) .

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Computer |

| machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 October 2024 | 5,805 |  | 114,956 |  | 11,907 |  | 132,668 |  |

| Additions | 1,365 |  | - |  | 1,018 |  | 2,383 |  |

| At 30 September 2025 | 7,170 |  | 114,956 |  | 12,925 |  | 135,051 |  |

| DEPRECIATION

| At 1 October 2024 | 2,792 |  | 55,378 |  | 8,539 |  | 66,709 |  |

| Charge for year | 875 |  | 5,958 |  | 2,023 |  | 8,856 |  |

| At 30 September 2025 | 3,667 |  | 61,336 |  | 10,562 |  | 75,565 |  |

| NET BOOK VALUE

| At 30 September 2025 | 3,503 |  | 53,620 |  | 2,363 |  | 59,486 |  |

| At 30 September 2024 | 3,013 |  | 59,578 |  | 3,368 |  | 65,959 |  |

5. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 48,663 |  | 69,570 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 243,147 |  | 242,331 |  |

| Amounts owed by group undertakings | 471,172 |  | 417,905 |  |

| Other debtors | 26,144 |  | 24,509 |  |

740,463 |  | 684,745 |  |

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 9,068 |  | 10,000 |  |

| Trade creditors | 179,182 |  | 177,789 |  |

| Taxation and social security | 44,567 |  | 52,529 |  |

| Other creditors | 3,362 |  | 4,499 |  |

236,179 |  | 244,817 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 8,096 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 12,000 |  | 12,000 |  |

10. | SECURED DEBTS

| The company's bankers, Santander UK PLC and Barclays Security Trustee Limited, have taken a fixed and floating charge over the assets owned by the company, containing a negative pledge.

11. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 14,872 |  | 16,490 |  |

| Deferred |

| tax |

£ |

| Balance at 1 October 2024 | 16,490 |  |

| Decelerated capital allowances | (1,618 | ) |

| Balance at 30 September 2025 | 14,872 |  |

BYROM (SOUTH WALES) LIMITED (REGISTERED NUMBER: 03447221)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

13. | RELATED PARTY DISCLOSURES

| The company has taken advantage of the exemptions available under FRS 102 section 33.1 A and has not disclosed transactions with its parent company G & C Pharma Limited.

14. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party of the company is G & C Pharma Limited, a company registered in England & Wales.