REGISTERED COMPANY NUMBER: 03835294 (England and Wales) REGISTERED CHARITY NUMBER: 1082679
REPORT OF THE TRUSTEES AND SUN A UDITEDE MN FINANCINANC IAL STATEMENTSSTATEMENTS SLUFOR THE YEARAR ENDEDENDED SIST31ST DECEMBERDECEMBER 20252025
FOR
ANIMAL CARE IN EGYPT LIMITED
Evans Weir The Victoria 25 St Pancras Chichester West Sussex PO19 7LT
ANIMAL CARE IN EGYPT LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025
| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | Il |
| DetailedStatementofFinancialActivities | 12 | to | 13 |
ANIMAL CARE IN EGYPT LIMITED
REPORT OF THE TRUSTEES SREFOR THE YEARLAR ENDEDENDED 31ST31ST DECEMBERDECEMBER 20252025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with theof financial statements ofthe charity for the year ended 31st December 2025. The trustees have adopted the provisions Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their (effectiveaccounts in1 accordanceJanuary 2019).with the Financial Reporting Standard applicable in the UK and Republic ofIreland (FRS 102)
OBJECTIVES AND ACTIVITIES
Objectives and aims The principal area of benefit is Southern Egypt and the charitable objectives are:
1) To relieve the suffering and distress of animals who are sick and in need of care and protection by reason of sickness or maltreatment in particular but not exclusively by the provision of horse and donkey centres in Egypt. 2) To educate members of the public especially children on matters concerning animal welfare whilst working closely with the local authorities.
Significant activities The activities of the charity include the provision of extensive veterinary hospitalisation with in-patient and out-patient facilities for both equine and domestic animals which includes 24 hour emergency treatment for all animals. Significant emphasis is based on education for all those that visit the centre.
ACHIEVEMENTS AND PERFORMANCE
We are very pleased that this year has brought many tourists back to Luxor. This has positively impacted both our hospital and the local community that relies on it for an income.
With Tui and Easyjet recommencing flights from the UK to Luxor we have benefited from an increased number of visitors to our centre and an increase in local donations. This has also led to a good number of student vet volunteers coming to do a placement with is. This includes students from the University of Liverpool.
Thank you to our amazing supporters Kathy and Tom Stally for their immense kindness in paying for our new store room to be constructed and for the hospital to be re decorated,
We would also like to thank Bernard Duvernay of The Flying Anvil Foundation for kindly running workshops for the local farriers during April and September. Our thanks also go out to Rossdales Veterinary Surgeons for their continued support and to the BEVA Trust.
With the grants received we purchased new dental equipment and an ultrasound scanner.
Our Charity shop in Luxor continues to do well and we would like to thank our lovely team of volunteers who so kindly run it for the benefit of Luxor's animals.
FINANCIAL REVIEW
The net movement in funds for the year was an increase of £24,633, compared to a decrease of £47,048 for the previous year.
The Trustees regularly monitor and review the level of reserves. The Trustees consider a level of reserves equivalent to a minimum of six months unrestricted expenditure (adopted in accordance with Charity Commission guidelines), to be reasonable given the nature and scale ofthe charity's activities. The Trustees have reviewed the major risks to which the charity is exposed and are confident that controls are in place to mitigate those risks.
Page |
ANIMAL CARE IN EGYPT LIMITED
:
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Animal Care in Egypt - ACE is a Charity with clear objectives and a high profile within Egypt since opening in July 2000. On a day to day basis the ACE Centre & Hospital continues to be managed by Ms Kim Taylor, who was involved in the initial concept and has managed the centre since it opened. The Trustee board has every confidence in Kim, and consults closely with her in major decisions and directions in which the Charity takes or needs to address. The Trustee's role is to ensure we are working within our financial constraints.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 03835294 (England and Wales)
Registered Charity number 1082679
Registered office 10 Stretham Road Wicken Ely Cambridgeshire CB7 5XH
Trustees Ms K Taylor General Manager Mrs T M Coffey Treasurer Mrs T Coffey
Company Secretary
Independent Examiner Evans Weir The Victoria 25 St Pancras Chichester West Sussex PO19 7LT
Approved by order of[the][board][of][ trustees][on][20th][April][2026][and][signed][on][its][behalf][ by:]
Ms K Taylor - Trustee
Page 2
REINDEPENDENT EXAMINER'SEA AMINERS REPORTREPORT TOTO THETHE TRUSTEESTRUSTEES OFOF ANIMAL CARE IN EGYPT LIMITED Independent examiner's report to the trustees of Animal Care In Egypt Limited (‘the Company’) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation ofthe accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as_carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
-
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a memberofthe Association of Accounting Technicians, which is one ofthe listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
- the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of[the][accounts][to][be][reached.]
Jennifer Hoult
The Association of Accounting Technicians
Evans Weir
The Victoria 25 St Pancras Chichester West Sussex PO19 7LT
20th April 2026
Page 3
ANIMAL CARE IN EGYPT LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 254,733 | 217,873 | |
| Investment income | 2 | 2,125 | 1,674 |
| Other income | 34 | 75 | |
| Total | 256,892 | 219,622 | |
| EXPENDITURE ON | |||
| Raising funds | 20,449 | 13,380 | |
| Charitable activities | |||
| Veterinary hospital | 211,810 | 253,290 | |
| Total | 232,259 | 266,670 | |
| NET INCOME/(EXPENDITURE) | 24,633 | (47,048) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 415,149 | 462,197 | |
| TOTALFUNDSCARRIEDFORWARD | 439,782 | 415,149 |
The notes form part of these financial statements
Page 4
ANIMAL CARE IN EGYPT LIMITED
STATEMENT OF FINANCIAL POSITION 31ST DECEMBER 2025
==> picture [485 x 350] intentionally omitted <==
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Total|
|Notes|fund|funds|
|FIXED|ASSETS|£|£|
|Tangible|assets|6|264,239|264,609|
|CURRENT|ASSETS|
|Debtors|7|11,829|11,218|
|Cash|at bank|165,605|141,123|
|177,434|152,341|
|CREDITORS|
|Amounts|falling due|within|one|year|8|(1,891)|(1,801)|
|NET CURRENT ASSETS|175,543|150,540|
|TOTAL|ASSETS|LESS|CURRENT|
|LIABILITIES|439,782|415,149|
|NET ASSETS|439,782|415,149|
|FUNDS|9|
|Unrestricted|funds|439,782|415,149|
|TOTAL FUNDS|439,782|415,149|
----- End of picture text -----
The charitable company is entitled to exemption from audit under Section 477 of theCompanies Act 2006 for the year ended 31st December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 ofthe Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view ofthe state of affairs of at the charitable company as the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of theCompanies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of[these][financial][statements]
Page 5
continued...
ANIMAL CARE IN EGYPT LIMITED
STATEMENT OF FINANCIAL POSITION - continued 31ST DECEMBER 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 20th April 2026 and were signed on its behalf by:
K Taylor - Trustee
T M Coffey - Trustee
The notes form part of these financial statements
Page 6
ANIMAL CARE IN EGYPT LIMITED
- ACCOUNTING POLICIES
NOTES TO THE FINANCIAL STATEMENTS UEFOR THEWEARYEAR ENDEDENDED 31ST31ST DECEMBERDECEMBER 20252025
Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment 25% on reducing balance Buildings 2% straight line
A de minimus level of £250 has been set by the Charity for the capitalisation of assets.
Taxation The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of[the][trustees.]
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation ofthe nature and purpose of each fund is included in the notes to the financial statements.
Debtors Short term debtors are measured at transaction price, less any impairment. Creditors Short term creditors are measured at the transaction price.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.
Financial instruments The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Page 7
continued...
ANIMAL CARE IN EGYPT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2025
| 2. | INVESTMENT INCOME | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Deposit account interest | 2,125 | 1,674 | ||
| 3. | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) is stated after charging/(crediting): | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Depreciation - owned assets | 8,254 | 7,433 | ||
| 4. | TRUSTEES' REMUNERATION AND BENEFITS | |||
| There were no trustees' remuneration or other benefits for the year ended 31st December | 2025 | nor for the year | ||
| ended 31st December 2024. | ||||
| Trustees’ expenses | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Trustees’ expenses | - | 1,200 | ||
| 5. | COMPARATIVES FORTHESTATEMENTOF FINANCIAL ACTIVITIES | |||
| Unrestricted | ||||
| fund | ||||
| £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 217,873 | |||
| Investment income | 1,674 | |||
| Other income | 75 | |||
| Total | 219,622 | |||
| EXPENDITURE ON | ||||
| Raising funds | 13,380 | |||
| Charitable activities | ||||
| Veterinary hospital | 253,290 | |||
| Total | 266,670 | |||
| NET INCOME/(EXPENDITURE) | (47,048) | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 462,197 | |||
| TOTALFUNDSCARRIEDFORWARD | 415,149 |
Page 8
continued...
ANIMAL CARE IN EGYPT LIMITED
RRNANOTES TO THE FINANCIAL STATEMENTS - continued FOR NCTAL STATEMENTS - continued SSE THE YEAREAR ENDEDENDED 31ST31ST DECEMBERDECEMBER 20252025 6. TANGIBLE FIXED ASSETS
==> picture [446 x 234] intentionally omitted <==
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Improvements|
|to|Plant|and|
|property|machinery|Totals|
|COST|£|£|£|
|At|Ist January 2025|308,785|45,031|353,816|
|Additions|
|-|7,884|7,884|
|At 31st December 2025|308,785|52,915|361,700|
|DEPRECIATION|
|At|Ist January 2025|47,970|41,237|89,207|
|Charge|for year|6,169|2,085|8,254|
|At 31st December 2025|54,139|43,322|97,461|
|NET|BOOK|VALUE|
|At 31st December 2025|254,646|9,593|264,239|
|At 31st|December 2024|260,815|3,794|264,609|
----- End of picture text -----
The land in Egypt is not owned by Animal Care in Egypt Limited but held in Trust for their use. A nominal rent for the land is charged in the accounts amounting to £452 (2024 - £553) 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
==> picture [474 x 280] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|2025|2024|
|Other|£|£|
|debtors|11,829|11,218|
|8.|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN ONE YEAR|
|2025|2024|
|Trade|£|£|
|creditors|]|||
|Accrued|expenses|1,890|1,800|
|1,891|1,801|
|9.|MOVEMENT|IN|FUNDS|
|Net|
|movement|At|
|At|1.1.25|in|funds|31.12.25|
|Unrestricted|funds|£|£|£|
|General|fund|415,149|24,633|439,782|
|TOTAL FUNDS|415,149|24,633|439,782|
----- End of picture text -----
Page 9
continued...
ANIMAL CARE IN EGYPT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2025
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 256,892 | (232,259) | 24,633 |
| TOTAL FUNDS | 256,892 | (232,259) | 24,633 |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| At 1.1.24 | in funds | 31.12.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 462,197 | (47,048) | 415,149 |
| TOTALFUNDS | 462,197 | (47,048) | 415,149 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 219,622 | (266,670) | (47,048) |
| TOTALFUNDS | 219,622 | (266,670) | (47,048) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.24 | in funds | 31.12.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 462,197 | (22,415) | 439,782 |
| TOTALFUNDS | 462,197 | (22,415) | 439,782 |
Page 10
continued...
ANIMAL CARE IN EGYPT LIMITED
SRNOTES ERS TO THE FINANCIALANCTAL STATEMENTSSTATEMENTS -- continuedcontinued SLAFOR THE YEARRR ENDEDEANVED 31STSST DECEMBERDECEMBER 20252025
9. MOVEMENT IN FUNDS- continued
asA currentfollows: year 12 months and prior year 12 months combined net movement in funds, included in the above are
==> picture [448 x 94] intentionally omitted <==
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|Unrestricted|funds|£|£|£|
|General|fund|476,514|(498,929)|(22,415)|
|TOTAL FUNDS|476,514|(498,929)|(22,415)|
----- End of picture text -----
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st December 2025.
Page 11
ANIMAL CARE IN EGYPT LIMITED
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| FORTHE YEAR ENDED 31ST DECEMBER 2025 | ||
| 2025 | 2024 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 233,302 | 163,165 |
| Gift aid | 11,829 | 11,218 |
| Legacies | 9,602 | 43,490 |
| 254,733 | 217,873 | |
| Investment income | ||
| Deposit account interest | 2,125 | 1,674 |
| Other income | ||
| Other income | 34 | 75 |
| Total incoming resources | 256,892 | 219,622 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising costs | 12,000 | 7,000 |
| Advertising and publicity | 6,505 | 6,380 |
| 18,505 | 13,380 | |
| Charitable activities | ||
| Trustees’ expenses | - | 1,200 |
| Veterinary assistants | 39,747 | 38,559 |
| Rent | 452 | 533 |
| Insurance | 2,051 | 2,660 |
| Light, heat and water | 1,293 | 665 |
| Telephone | 193 | 171 |
| Postage and stationery | 197 | 222 |
| Sundries | 1,056 | 1,517 |
| Medical consumables | 123,972 | 128,054 |
| Medical equipment | 33 | 365 |
| Animal feed | 20,176 | 55,206 |
| Motor and travel | 3,290 | 4,028 |
| Repairs and maintenance | 150 | 1,396 |
| Cleaning | 3,033 | 2,317 |
| Improvements to property | 6,169 | 6,169 |
| Plant and machinery | 2,085 | 1,264 |
| 203,897 | 244,326 | |
| Support costs | ||
| Management | ||
| Computerexpenses | 7,253 | 6,684 |
This page does not form part of the statutory financial statements
Page 12
| ANIMAL CARE IN EGYPT LIMITED REG YPT LIMITED |
||||
|---|---|---|---|---|
| DETAILEDSTATEMENTOFFINANCIALACTIVITIES FORTHEYEAR ENDED31STDECEMBER2025 ~ |
||||
| : | ||||
| Management Finance |
2025 £ |
2024 £ |
||
| Bank charges | ||||
| Governance costs | 570 | 480 | ||
| Accountancy and legal fees | ||||
| Total resources expended | 2,034 | 1,800 | ||
| Net income/(expenditure) | 232,259 | 266,670 | ||
| 24,633 | (47,048) |
This page does not form part of the statutory financial statements
Page 13