REGISTERED NUMBER: 07503273 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

BARKERS ANIMAL HEALTH LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

P J Barker

REGISTERED OFFICE:

Unit 17 Lopen Business Park

Lopen

South Petherton

Somerset

TA13 5JS

REGISTERED NUMBER:

07503273 (England and Wales)

ACCOUNTANTS:

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Barkers Animal Health Limited for the year ended 31 May 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Barkers Animal Health Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Barkers Animal Health Limited and state those matters that we have agreed to state to the director of Barkers Animal Health Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Barkers Animal Health Limited and its director for our work or for this report.

It is your duty to ensure that Barkers Animal Health Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Barkers Animal Health Limited. You consider that Barkers Animal Health Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Barkers Animal Health Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

22 May 2026

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

273,728

232,775

273,728

232,775

CURRENT ASSETS

Stocks

6

925,000

806,936

Debtors

7

2,055,193

2,113,901

Cash at bank and in hand

20,000

45,446

3,000,193

2,966,283

CREDITORS

Amounts falling due within one year

8

1,934,367

1,988,620

NET CURRENT ASSETS

1,065,826

977,663

TOTAL ASSETS LESS CURRENT LIABILITIES

1,339,554

1,210,438

CREDITORS

Amounts falling due after more than one year

9

(180,118

)

(165,048

)

PROVISIONS FOR LIABILITIES

12

(30,347

)

(24,112

)

NET ASSETS

1,129,089

1,021,278

CAPITAL AND RESERVES

Called up share capital

-

100

Retained earnings

1,129,089

1,021,178

SHAREHOLDERS' FUNDS

1,129,089

1,021,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 May 2026 and were signed by:

P J Barker - Director

1.	STATUTORY INFORMATION

Barkers Animal Health 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 sales of goods net of rebates and value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, 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 Statement of Income and Retained Earnings, 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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

12,000

AMORTISATION

At 1 June 2024

and 31 May 2025

12,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

18,382

14,396

486,485

13,970

533,233

Additions

8,944

2,112

146,951

-

158,007

Disposals

-

-

(23,291

)

-

(23,291

)

At 31 May 2025

27,326

16,508

610,145

13,970

667,949

DEPRECIATION

At 1 June 2024

11,771

12,176

267,330

9,181

300,458

Charge for year

5,107

1,269

93,358

3,330

103,064

Eliminated on disposal

-

-

(9,301

)

-

(9,301

)

At 31 May 2025

16,878

13,445

351,387

12,511

394,221

NET BOOK VALUE

At 31 May 2025

10,448

3,063

258,758

1,459

273,728

At 31 May 2024

6,611

2,220

219,155

4,789

232,775

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

Motor

vehicles

£

COST

At 1 June 2024

397,338

Additions

114,461

At 31 May 2025

511,799

DEPRECIATION

At 1 June 2024

178,183

Charge for year

90,275

At 31 May 2025

268,458

NET BOOK VALUE

At 31 May 2025

243,341

At 31 May 2024

219,155

6.

STOCKS

2025

2024

£

£

Stocks

925,000

806,936

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,975,391

2,048,967

Prepayments and accrued income

79,802

64,934

2,055,193

2,113,901

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

11,244

10,000

Hire purchase contracts

77,464

63,178

Trade creditors

1,497,244

1,610,742

Corporation tax

22,824

119,211

Social security and other taxes

13,927

10,017

VAT

152,198

3,017

Directors' current accounts

144,492

162,855

Accruals and deferred income

14,974

9,600

1,934,367

1,988,620

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

-

10,000

Hire purchase contracts

180,118

155,048

180,118

165,048

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1,244

-

Bank loans

10,000

10,000

11,244

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

10,000

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

1,244

-

Bank loans

10,000

20,000

Hire purchase contracts

257,582

218,226

268,826

238,226

The loans are secured by charges on the company's assets and by a Government guarantee.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

30,347

24,112

Deferred

tax

£

Balance at 1 June 2024

24,112

Provided during year

6,235

Balance at 31 May 2025

30,347

13.	RELATED PARTY DISCLOSURES