REGISTERED NUMBER: OC440539 (England and Wales)

Report of the Members and

Financial Statements

for the Year Ended 28 February 2026

for

VETERINARY INDEPENDENT PURCHASING GROUP

LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

Mr R M Kelly

Mrs H E Kelly

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

OC440539 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

The members present their report with the financial statements of the LLP for the year ended 28 February 2026.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of selling veterinary products.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mr R M Kelly

Mrs H E Kelly

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £2,848 (2025 - £1,834 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr R M Kelly - Designated member

20 October 2026

TURNOVER

2,633,957

1,698,138

Cost of sales

2,633,957

1,698,139

GROSS LOSS

-

(1

)

Administrative expenses

2,866

1,833

OPERATING LOSS

(2,866

)

(1,834

)

Interest receivable and similar income

18

-

LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(2,848

)

(1,834

)

CURRENT ASSETS

Debtors

4

133,389

54,638

Cash at bank

141,558

96,693

274,947

151,331

CREDITORS

Amounts falling due within one year

5

274,947

151,331

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

4

(11,367

)

(8,554

)

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 28 February 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 20 October 2026 and were signed by:

Mr R M Kelly - Designated member

1.	STATUTORY INFORMATION

Veterinary Independent Purchasing Group LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2025 - NIL ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

122,022

46,084

Other debtors

11,367

8,554

133,389

54,638

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

139

4,900

Taxation and social security

8,593

23,084

Other creditors

266,215

123,347

274,947

151,331