BRITISH SMALL ANIMAL VETERINARY ASSOCIATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £1.018m for the year, which included £441k of ongoing investment in strategic planning and digitisation. Per the trustees' report, free reserves of £7.17m exceed the budgeted 2026 expenditure by approximately 16%, providing a secure financial platform despite the competitive challenges and projected operational deficit for the coming year.
What the accounts disclose
“The total employee benefits including employer’s pension contributions and employer’s National Insurance of the key management personnel were £667,713 (2024: £654,639).” — page 37
“a. Working Capital – the first 6 months of the following year’s Operating Expenditure, plus b. Risk Mitigation - 20% of the following year’s annual Operating Expenditure.”
“As is the nature of the Association, the Association transacts with its trustees and members in relation to such items as publication sales, provision of training courses and membership fees. These are provided at commercial rates although members, who include the trustees, receive a discount on products and services by virtue of their membership. Consequently, as products and services provided to the trustees are not on different commercial terms to those received by other members, the trustees do not consider that any disclosures in the financial statements are required in respect of these transactions.” — page 38
“Other Investment comprise: Vet2Vet Ltd”
Year-over-year changes
- Top pay band moved from £150,001 - £160,000 (FY2024) to £160,001 - £170,000 (FY2025).
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (31/10/2018)
Trustees
- Alexander Murphy
- Dr Adam George Gow
- Dr Julian Hoad
- Dr Matthew Campbell Erskine
- Dr Niall Thomas Connell
- Dr Peter Christopher Higgins
- Jo-Anne Megarity
- Nicholas Stephen Williams
- Susan Little
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £6.2m | £7.2m |
| 31/12/2024 | £5.9m | £7.6m |
| 31/12/2023 | £5.6m | £6.5m |
| 31/12/2022 | £5.6m | £6.0m |
| 31/12/2021 | £5.3m | £4.3m |
Common questions
Is BRITISH SMALL ANIMAL VETERINARY ASSOCIATION financially healthy?
The accounts state that the charity reported an operating deficit of £1.018m for the year, which included £441k of ongoing investment in strategic planning and digitisation. Per the trustees' report, free reserves of £7.17m exceed the budgeted 2026 expenditure by approximately 16%, providing a secure financial platform despite the competitive challenges and projected operational deficit for the coming year. Its FY2025 accounts were audited by WR Partners.
What does the highest-paid employee of BRITISH SMALL ANIMAL VETERINARY ASSOCIATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £160,001 - £170,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANTHONY V MARTIN CHARITABLE FOUNDATION | 1 | — |
| THE MARCHIG ANIMAL WELFARE TRUST | 1 | £471k |
| DOGS TRUST | 1 | £153k |
| DOGS TRUST LEGACY | 1 | £90k |
| THE GERRICK ROSE ANIMAL TRUST | 1 | £34k |
| KUSUMA TRUST UK | 1 | £20k |
| PETPLAN CHARITABLE TRUST | 1 | £20k |
| THE ARTHUR CAMP FOUNDATION TRUST | 1 | £15k |