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Registration number: 08967296

Mount Vets Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 6

Mount Vets Limited

(Registration number: 08967296)
Abridged Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	1,050,028	1,170,032
Tangible assets	5	576,824	644,567
Other financial assets	6	10,000	10,000
		1,636,852	1,824,599
Current assets
Stocks		157,746	152,103
Debtors		803,932	845,878
Cash at bank and in hand		1,419,390	1,163,814
		2,381,068	2,161,795
Creditors: Amounts falling due within one year	7	(1,419,703)	(703,225)
Net current assets		961,365	1,458,570
Total assets less current liabilities		2,598,217	3,283,169
Creditors: Amounts falling due after more than one year	8	(336,838)	-
Provisions for liabilities		(131,535)	(142,094)
Net assets		2,129,844	3,141,075
Capital and reserves
Called up share capital		840	840
Profit and loss account		2,129,004	3,140,235
Total equity		2,129,844	3,141,075

Mount Vets Limited

(Registration number: 08967296)
Abridged Balance Sheet as at 30 September 2025

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 30 March 2026 and signed on its behalf by:
 

Mr E J Chant

Director

Mount Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Taunton Road
Wellington
Somerset
TA21 9FG

These financial statements were authorised for issue by the Board on 30 March 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold property	10% Straight line
Motor vehicles	20% Reducing balance
Plant and machinery	20% Reducing balance

Mount Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 84 (2024 - 85).

4	Intangible assets

	Total £
Cost or valuation
At 1 October 2024	2,400,072
At 30 September 2025	2,400,072
Amortisation
At 1 October 2024	1,230,040
Amortisation charge	120,004
At 30 September 2025	1,350,044
Carrying amount
At 30 September 2025	1,050,028
At 30 September 2024	1,170,032

Mount Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

5	Tangible assets

	Total £
Cost or valuation
At 1 October 2024	1,506,516
Additions	101,543
Disposals	(35,355)
At 30 September 2025	1,572,704
Depreciation
At 1 October 2024	861,942
Charge for the year	151,414
Eliminated on disposal	(17,476)
At 30 September 2025	995,880
Carrying amount
At 30 September 2025	576,824
At 30 September 2024	644,567

6	Other financial assets (current and non-current)

	Total £
Non-current financial assets
Cost or valuation
At 1 October 2024	10,000
At 30 September 2025	10,000
Carrying amount
At 30 September 2025	10,000

7	Creditors: amounts falling due within one year

Creditors include bank loans and overdrafts which are secured of £81,600 (2024 - £Nil).

8	Creditors: amounts falling due after more than one year

Creditors include bank loans which are secured of £336,838 (2024 - £Nil).

Mount Vets Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2025

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £165,679 (2024 - £303,750). Financial commitments are secured against the company's use of the assets.