THE MILLS EQUUS TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted funds of £10,393,013, primarily derived from the value of investment properties. The trustees consider holding cash reserves unnecessary as resources expended can be varied according to available funds. The filing confirms there are no material uncertainties regarding the trust's ability to continue as a going concern.
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
“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 9
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?
The accounts state that the charity holds unrestricted funds of £10,393,013, primarily derived from the value of investment properties. The trustees consider holding cash reserves unnecessary as resources expended can be varied according to available funds. The filing confirms there are no material uncertainties regarding the trust's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROSE ANIMAL WELFARE TRUST CIO | 3 | £55k |
| M J CAMP CHARITABLE FOUNDATION | 3 | £16k |
| THE SERTH AND GATES CHARITY | 2 | £191k |
| SIR PETER O'SULLEVAN CHARITABLE TRUST | 2 | £40k |
| MRS D M FRANCE-HAYHURST FOUNDATION | 2 | £15k |
| MARJORIE COOTE ANIMAL CHARITY TRUST | 2 | £10k |
| THE ALBORADA TRUST | 1 | £411k |
| THE CRANBROOK FOUNDATION | 1 | £119k |