THE MILLS EQUUS TRUST
The relief of suffering and distress of horses, ponies, donkeys and mules which are in need of care and attention and in particular to provide for the establishment and maintenance of facilities for the care and protection of such old, retired, sick, ill-treated, unwanted or abandoned animals.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £3,085 for the year ended 30 April 2025, reversing a previous year's deficit. Total funds carried forward stood at £10,396,098, with the majority of this value held in investment properties. The trustees consider holding cash reserves unnecessary as charitable expenditure can be varied according to available resources.
What the accounts disclose
“The trustees have decided that holding cash reserves is unnecessary, other than in the normal course of running the charity, as the resources expended can be varied according to the available resources of the trust.” — page 4
“During the year, the charity received donations of £205,000 (2024 - £180,000) from Traeth Bychan Caravan Co. Limited, a company which is a wholly owned subsidiary of the charity. During the current and prior year, the company occupied land owned by The Mills Equus Trust rent free.” — page 15
“These financial statements do not include the consolidated results of the Trust and its subsidiary company, Traeth Bychan Caravan Co. Limited, on the grounds that it is a small group.” — page 11
Trustees
- ADAM SMAIL FCA
- BRIDGET ELIZABETH CAROLINE BAXTER
- Caroline Elizabeth Louise Smail
- Susan Elizabeth McConnel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £281k | £278k |
| 30/04/2024 | £244k | £294k |
| 30/04/2023 | £174k | £221k |
| 30/04/2022 | £327k | £208k |
| 30/04/2021 | £231k | £184k |
Common questions
Is THE MILLS EQUUS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £3,085 for the year ended 30 April 2025, reversing a previous year's deficit. Total funds carried forward stood at £10,396,098, with the majority of this value held in investment properties. The trustees consider holding cash reserves unnecessary as charitable expenditure can be varied according to available resources. Its FY2025 accounts were audited by Kingscott Dix (Cheltenham) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROSE ANIMAL WELFARE TRUST CIO | 2 | £125k |
| SIR PETER O'SULLEVAN CHARITABLE TRUST | 2 | £35k |
| PETPLAN CHARITABLE TRUST | 2 | £10k |
| THE SERTH AND GATES CHARITY | 1 | £258k |
| THE PETS AT HOME FOUNDATION | 1 | £50k |
| THE STRATTON NO2 CHARITABLE FUND | 1 | £30k |
| BETTY PHILLIPS CHARITABLE TRUST | 1 | £20k |
| THE WESTMINSTER FOUNDATION | 1 | £20k |
Charities like this
- HORSEWORLD TRUST
- THE MILL HOUSE ANIMAL SANCTUARY
- THE HORSE TRUST
- HORSE RESCUE FUND
- THE FFOREST UCHAF HORSE AND PONY REHABILITATION CENTRE CHARITABLE TRUST
- MARJORIE COOTE ANIMAL CHARITY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MILLS EQUUS TRUST | £281k | — | 0 | above | — | no doubt |
| HORSEWORLD TRUST | £1.2m | £70,001 - £80,000 | 2 | below | 21.6% | no doubt |
| THE MILL HOUSE ANIMAL SANCTUARY | £110k | — | 0 | unclear | — | no doubt |
| THE HORSE TRUST | £2.7m | £120,001 - £130,000 | — | unclear | — | no doubt |
| HORSE RESCUE FUND | £102k | — | 0 | unclear | — | no doubt |
| THE FFOREST UCHAF HORSE AND PONY REHABILITATION CENTRE CHARITABLE TRUST | £130k | — | 0 | unclear | — | no doubt |