Amwell Veterinary Practice Limited

Registered number

04614836

Filleted Accounts for the year ended

31 December 2025

Amwell Veterinary Practice Limited
Registered number:		04614836
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		7,360			11,040
Tangible assets	4		6,238			8,318
			13,598			19,358

Current assets
Debtors	5	96,123			71,864
Cash at bank and in hand		16,763			26,291
		112,886			98,155

Creditors: amounts falling due within one year	6	(126,446)			(117,249)

Net current liabilities			(13,560)			(19,094)

Net assets			38			264

Capital and reserves
Called up share capital			2			2
Profit and loss account			36			262

Shareholders' funds			38			264

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M R Lamont
Director
Approved by the board on 24 September 2026

Amwell Veterinary Practice Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	on a 25% reducing balance basis

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		5		5


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 January 2025				92,000
	At 31 December 2025				92,000

	Amortisation
	At 1 January 2025				80,960
	Provided during the year				3,680
	At 31 December 2025				84,640

	Net book value
	At 31 December 2025				7,360
	At 31 December 2024				11,040

	Goodwill is being written off in equal annual instalments over its estimated economic life of 25 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2025				98,844
	At 31 December 2025				98,844

	Depreciation
	At 1 January 2025				90,526
	Charge for the year				2,080
	At 31 December 2025				92,606

	Net book value
	At 31 December 2025				6,238
	At 31 December 2024				8,318


5	Debtors		2025		2024
£				£

	Trade debtors		58,858		58,026
	Director's loan		22,000		-
	Other debtors		15,265		13,838
			96,123		71,864


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		8,682		4,122
	Trade creditors		26,760		26,158
	Taxation and social security costs		88,089		84,669
	Accruals		2,915		2,300
			126,446		117,249


7	Transactions with the directors

	During the year, the directors, D. Barter and M. R. Lamont, who each hold 50% of the company's share capital, received dividends totalling £192,755 (2024: £237,119). As at 31 December 2025 the directors had been loaned £22,000 and is included within debtors. This loan was repaid in full by 5 April 2026.


8	Controlling party

	There is no ultimate controlling party. The directors each hold 50% of the company's share capital.


9	Other information

	Amwell Veterinary Practice Limited is a private company limited by shares and incorporated in England. Its registered office is:
	52 Amwell Street
	London
	EC1R 1XS