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REGISTERED NUMBER: 07566199 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

VETSONIC (UK) LTD

VETSONIC (UK) LTD (REGISTERED NUMBER: 07566199)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

VETSONIC (UK) LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | A K Atkinson

| E A Stephenson

| C W Sparrow

| C H E Atkinson

| REGISTERED OFFICE: | Riccal Drive

| York Road Business Park

| Malton

| North Yorkshire

| YO17 6YE

| REGISTERED NUMBER: | 07566199 (England and Wales)

| ACCOUNTANTS: | Xeinadin Barnsley Limited

| 12 Victoria Road

| Barnsley

| South Yorkshire

| S70 2BB

VETSONIC (UK) LTD (REGISTERED NUMBER: 07566199)

BALANCE SHEET

31 MARCH 2026

| 31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 202,797 |  | 244,092 |  |

202,797 |  | 244,092 |  |

CURRENT ASSETS

Stocks | 1,119,803 |  | 1,608,680 |  |

Debtors | 6 | 1,345,722 |  | 1,250,560 |  |

Cash at bank and in hand | 1,448,988 |  | 1,644,882 |  |

3,914,513 |  | 4,504,122 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,445,292 |  | 1,960,519 |  |

NET CURRENT ASSETS | 2,469,221 |  | 2,543,603 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,672,018 |  | 2,787,695 |  |

PROVISIONS FOR LIABILITIES | - |  | 6,444 |  |

NET ASSETS | 2,672,018 |  | 2,781,251 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,000 |  | 1,000 |  |

Share premium | 24,975 |  | 24,975 |  |

Capital redemption reserve | 25 |  | 25 |  |

Retained earnings | 2,646,018 |  | 2,755,251 |  |

SHAREHOLDERS' FUNDS | 2,672,018 |  | 2,781,251 |  |

VETSONIC (UK) LTD (REGISTERED NUMBER: 07566199)

BALANCE SHEET - continued

31 MARCH 2026

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 17 August 2026 and were signed on its behalf by:

A K Atkinson - Director

VETSONIC (UK) LTD (REGISTERED NUMBER: 07566199)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Vetsonic (Uk) Ltd 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

| Significant judgements and estimates

| No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

| There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

| Turnover from the sale of pharmaceutical goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised.

| Intangible assets

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

| Patents and licences have been fully amortised.

VETSONIC (UK) LTD (REGISTERED NUMBER: 07566199)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Plant and machinery |  |  | 20% on cost |  |

| Motor vehicles |  |  | 25% on cost |  |

| Computer equipment |  |  | 33% 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.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport and handling costs in bringing stocks to their present location and condition.

| 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

| 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.

VETSONIC (UK) LTD (REGISTERED NUMBER: 07566199)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| 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.

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

| Rentals applicable to operating leases where substantially all of the benefits and risk of ownership remain with the lessor are charged to the profit and 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 10 (2025 - 10 ) .

4. | INTANGIBLE FIXED ASSETS

| Other |

| intangible |

| Goodwill |  | assets |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025

| and 31 March 2026 | 175,000 |  | 4,027 |  | 179,027 |  |

| AMORTISATION

| At 1 April 2025

| and 31 March 2026 | 175,000 |  | 4,027 |  | 179,027 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  | - |  | - |  |

| At 31 March 2025 | - |  | - |  | - |  |

VETSONIC (UK) LTD (REGISTERED NUMBER: 07566199)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2025 | 141,920 |  | 294,275 |  | 24,905 |  | 461,100 |  |

| Additions | 570 |  | 92,500 |  | 3,350 |  | 96,420 |  |

| Disposals | - |  | (90,855 | ) | - |  | (90,855 | ) |

| At 31 March 2026 | 142,490 |  | 295,920 |  | 28,255 |  | 466,665 |  |

| DEPRECIATION

| At 1 April 2025 | 109,751 |  | 86,020 |  | 21,237 |  | 217,008 |  |

| Charge for year | 12,994 |  | 71,090 |  | 3,471 |  | 87,555 |  |

| Eliminated on disposal | - |  | (40,695 | ) | - |  | (40,695 | ) |

| At 31 March 2026 | 122,745 |  | 116,415 |  | 24,708 |  | 263,868 |  |

| NET BOOK VALUE

| At 31 March 2026 | 19,745 |  | 179,505 |  | 3,547 |  | 202,797 |  |

| At 31 March 2025 | 32,169 |  | 208,255 |  | 3,668 |  | 244,092 |  |

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade debtors | 1,011,626 |  | 1,186,806 |  |

| Amounts due from group | 274,909 |  | - |  |

| Other debtors | 47,296 |  | 36,258 |  |

| VAT | - |  | 18,533 |  |

| Prepayments and accrued income | 11,891 |  | 8,963 |  |

1,345,722 |  | 1,250,560 |  |

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade creditors | 1,168,905 |  | 1,300,439 |  |

| Corporation tax | 194,711 |  | 397,529 |  |

| Social security and other taxes | 13,514 |  | 14,442 |  |

| VAT | 62,081 |  | - |  |

| Other creditors | 35 |  | 1,074 |  |

| Amounts owed from group | - |  | 227,675 |  |

| Accruals and deferred income | 6,046 |  | 19,360 |  |

1,445,292 |  | 1,960,519 |  |

VETSONIC (UK) LTD (REGISTERED NUMBER: 07566199)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

8. | LEASING AGREEMENTS

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Within one year | 43,118 |  | 38,480 |  |

| Between one and five years | 86,358 |  | 111,772 |  |

129,476 |  | 150,252 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.26 |  | 31.3.25

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |

10. | ULTIMATE CONTROLLING PARTY

| The ultimate parent undertaking is Yorkshire Pharma Holdings Limited.

| The parent company's registered office address is;

| 12 Victoria Road

| Barnsley

| S70 2BB