Charity registration number: 702953
MILLSTREAM ANIMAL SHELTER (702953) TRUSTEE'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
The Accountancy People Manchester Limited
Millstream Animal Shelter (702953) Contents
| Page | |
|---|---|
| Trustee's Report | 1—3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Statement of Cash Flows | 7 |
| Notes to the Statement of Cash Flows | 8 |
| Notes to the Financial Statements | 9—13 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 14—15 |
Millstream Animal Shelter (702953) Trustee's Report For The Year Ended 31 December 2025
The trustee presents his report and the financial statements for the year ended 31 December 2025.
Objectives and Activities
Aims and Objectives
The objects of the charity are to relieve the suffering and distress of cats and other animals, provide food, shelter and veterinary care, prevent unwanted breeding and advance public education in animal care.
Public Benefit
The trustees have considered the Charity Commission guidance on public benefit and are satisfied that the charity continues to meet its public benefit obligations.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Achievements and Performance
Main Achievements
Structure, Governance and Management
Governing document
Millstream Animal Shelter was established by a trust deed dated the 19th of June 1990. It is registered as a charity with the Charity Commission. There are currently approximately 80 members.
Appointment of trustees
As set out in the Trust deed there can be a minimum of five and a maximum of ten trustees.
Upon election trustees serve for three year term. All members are circulated with invitations to nominate trustees prior to the AGM. Generally trustees have been involved with the Shelter for some time and are aware of their rights and obligations as trustees and they are made aware of the plans and financial position of the charity upon appointment.
Organisation
The board of trustee’s aims to meet regularly but all major decisions both financial and non-financial are discussed with all trustees before being put into effect.
Risk management
The trustees have conducted a review of the major risks to which the charity is exposed and this review is regularly updated at management meetings. Where appropriate, systems or procedures have been established to mitigate the risks, both financially and non-financially. Objectives and activities
The objects of the charity are
-
To relieve the suffering and distress of cats and other animals by the provision of food, shelter and veterinary care for unwanted, sick or illtreated animals and wherever possible provide good homes for them.
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To prevent the unwanted breeding of animals.
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To advance public education in the needs and proper care of animals.
In furtherance of the foregoing objects but not otherwise the Trust shall have the following powers:
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To establish and maintain a centre or centres for treating unwanted sick or ill-treated animals under veterinary advice.
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To undertake the sheltering of animals parted from their owners.
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To make arrangements for the adoption of animals and educate the public as to their responsibility towards animal ownership.
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To purchase animals where it is considered in the animals best interest to do so.
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To take veterinary advice when euthanasia is the only alternative.
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To arrange the neutering of animals by the veterinary surgeons.
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To co-operate with other organisations having a similar charitable objective.
Achievements and Performance
We are presently operating with a regular staff of 8 plus a manager.
During year 2025 we rehomed 828 cats / kittens.
Again, many of our homes are initiated through our Facebook page which, whilst time saving in some respects, does involve our staff / trustees working out of hours with enquiries and calls.
Our Facebook appeals for food and shop donations have been phenomenal. We cannot thank our supporters enough for their response. As the location being on site of our charity shop has become better known, along with the quality of our goods and our reasonable prices, so does its success go from strength to strength.
Times are very challenging in animal rescue, there are more and more pregnancies and unwanted and abandoned cats / kittens.
Plans for the future
The trustees, as always, expect to be able to continue the Charity's activities in keeping with their objectives.
We continue to improve our site facilities.
...CONTINUED
Page 1
Millstream Animal Shelter (702953) Trustee's Report (continued) For The Year Ended 31 December 2025
Main Achievements - continued
Bearing in mind the Charity Commission guidance on public benefit the trustees are confident that our ongoing work in helping pet owners in all aspects of care fulfils the public benefit test.
Reserves policy
The trustees have examined the charities requirements for reserves in the light of the main risk to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be approximately equal to 9 months’ expenditure having regard also to any contingencies that might arise and any possible downturns in voluntary income. The planned increase in the level of reserves from 6 to 9 months expenditure has arisen from the generally depressed economic climate and the consequent adverse effect that this might have on future funding.
Trustees’ responsibilities
Charter law requires the trustees to prepare accounts that give a true and fair view of the state of affairs of the charity and of its income expenditure for financial year. In doing so the trustees are required to:
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Select suitable accounting policies and apply them consistently.
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Make judgments and estimates that are reasonable and prudent.
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State whether applicable accounting standards and statements of the recommended practice have been followed, subject to any departures disclosed and explained in the financial statements.
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Prepare the accounts on the going concern basis unless it is it inappropriate to presume that the Charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the accounts comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Reference and Administrative Details
Charity Number
702953
Independent Examiner
The Accountancy People The Accountancy People Manchester Limited Phoenix House, 2 Huddersfield Road Stalybridge SK15 2QA
Page 2
Millstream Animal Shelter (702953) Trustee's Report (continued) For The Year Ended 31 December 2025
The trustee's report was approved by the board of trustees and signed on its behalf by:
11 June 2026
Page 3
Millstream Animal Shelter (702953) Independent Examiner's Report to the Trustees of Millstream Animal Shelter (702953) For The Year Ended 31 December 2025
I report to the trustee on my examination of the accounts of Millstream Animal Shelter (702953) (the Trust) for the year ended 31 December 2025.
Responsibilities and Basis of Report
As the charity trustee of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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�. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
The Accountancy People 11 June 2026 Phoenix House, 2 Huddersfield Road Stalybridge SK15 2QA
Page 4
Millstream Animal Shelter (702953) Statement of Financial Activities For The Year Ended 31 December 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities: Millstream Animal Shelter Other trading activities 4 Investments 5 Other 6 EXPENDITURE ON: Raising funds 8 Charitable activities: 8 Millstream Animal Shelter NET (EXPENDITURE)/INCOME BEFORE INVESTMENT (LOSSES)/GAINS Net gains on investments NET (EXPENDITURE)/INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 18 |
2025 Unrestricted funds £ 243,220 24,600 23,130 21,915 - |
2024 Unrestricted funds £ 583,728 21,700 29,205 1,824 12,860 |
|---|---|---|
| 312,865 | 649,317 | |
| 1 (411,478) |
1 (344,289) |
|
| (411,477) | (344,288) | |
| (98,612) 79,349 |
305,029 71,192 |
|
| (19,263) | 376,221 | |
| (19,263) 2,168,483 |
376,221 1,792,262 |
|
| 2,149,220 | 2,168,483 |
The notes on pages 8 to 13 form part of these financial statements.
Page 5
Millstream Animal Shelter (702953) Statement of Financial Position As At 31 December 2025
| Notes FIXED ASSETS Tangible Assets 13 Investments 14 CURRENT ASSETS Debtors 15 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 16 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 18 On behalf of the board |
2025 Unrestricted funds £ 231,010 1,098,732 |
2024 Total funds £ 233,942 1,019,382 |
|---|---|---|
| 1,329,742 17,938 815,961 |
1,253,324 18,065 904,416 |
|
| 833,899 (14,421) |
922,481 (7,322) |
|
| 819,478 | 915,159 | |
| 2,149,220 | 2,168,483 | |
| 2,149,220 | 2,168,483 | |
| 2,149,220 | 2,168,483 | |
| 2,149,220 | 2,168,483 | |
11 June 2026
The notes on pages 8 to 13 form part of these financial statements.
Page 6
Millstream Animal Shelter (702953) Statement of Cash Flows For The Year Ended 31 December 2025
| Notes Cash flows from operating activities Net cash (used in)/generated from operations 1 Net cash (used in)/generated from operating activities Cash flows from investing activities Proceeds from disposal of intangible assets Proceeds from disposal of tangible assets Proceeds from disposal of other fixed asset investments Interest received Other Net cash (used in)/generated from investing activities (Decrease)/increase in cash and cash equivalents Cash and cash equivalents at beginning of year 2 Cash and cash equivalents at end of year 2 |
2025 £ (9,105) (9,105) - - 79,349 43,830 (202,529) (79,350) (88,455) 904,416 815,961 |
2024 £ 367,020 |
|---|---|---|
| 367,020 | ||
| 12,860 119,132 71,192 1,824 332,388 |
||
| 537,396 | ||
| 904,416 - |
||
| 904,416 |
Page 7
Millstream Animal Shelter (702953) Notes to the Statement of Cash Flows For The Year Ended 31 December 2025
1. Reconciliation of (expenditure)/income to cash (used in)/generated from operations
| . Reconciliation of (expenditure)/income to cash (used in)/generated from operations |
||
|---|---|---|
| Net (expenditure)/income Adjustments for: Interest income Depreciation of tangible assets Movements in working capital: Decrease/(increase) in trade and other debtors Increase in trade and other creditors Net cash (used in)/generated from operations |
2025 £ (19,263) (21,915) 2,932 22,042 7,099 (9,105) |
2024 £ 376,221 (1,824) 3,366 (18,065) 7,322 |
| 367,020 |
2. Cash and cash equivalents
Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:
| 2025 £ Cash at bank and in hand 815,961 3. Analysis of changes in net funds As at 1 January 2025 Cash flows £ £ Cash at bank and in hand 904,416 (88,455) |
2024 £ 904,416 |
|---|---|
| As at 31 December 2025 £ 815,961 |
Page 8
Millstream Animal Shelter (702953) Notes to the Financial Statements For The Year Ended 31 December 2025
1. General Information
Millstream Animal Shelter (702953) is an unincorporated charity registered with the Charity Commission, registered charity number 702953. The principal address is .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements 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 Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
Incoming resources are recognised in the Statement of Financial Activities when the charity is entitled to the income, receipt is probable and the amount can be measured reliably.
2.3. Resources Expended
Expenditure is accounted for on an accruals basis and recognised when a liability is incurred.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Nil on land, 5% on property improvements Plant & Machinery 15% Written Down Value Motor Vehicles 25% Written Down Value Fixtures & Fittings 15% Written Down Value Computer Equipment 25% Written Down Value
2.5. Investments
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| Donations and gifts Gift aid Legacies |
2025 Unrestricted funds £ 119,585 8,075 115,560 |
2024 Unrestricted funds £ 119,464 8,865 455,399 |
|---|---|---|
| 243,220 | 583,728 |
Page 9
Millstream Animal Shelter (702953) Notes to the Financial Statements (continued) For The Year Ended 31 December 2025
| 4. Income from Other Trading Activities Shop income 5. Investment Income Bank interest receivable 6. Other Income Gain on disposal of intangible fixed assets 7. Net Income/(Expenditure) The net (expenditure)/income is stated after charging/(crediting): Depreciation of tangible fixed assets - owned Gain/Loss on disposal of intangible fixed assets |
2025 Unrestricted funds £ 23,130 |
2024 Unrestricted funds £ 29,205 |
|---|---|---|
| 2025 Unrestricted funds £ 21,915 |
2024 Unrestricted funds £ 1,824 |
|
| 2025 Unrestricted funds £ - |
2024 Unrestricted funds £ 12,860 |
|
| 2025 £ 2,932 - |
2024 £ 3,366 (12,860) |
- Analysis of Expenditure
| Raising funds Millstream Animal Shelter |
Activities undertaken directly £ - 355,574 |
Support costs (see note 9) £ (1) 55,904 |
2025 Total £ (1) 411,478 |
|---|---|---|---|
| 355,574 | 55,903 | 411,477 |
Page 10
Millstream Animal Shelter (702953) Notes to the Financial Statements (continued) For The Year Ended 31 December 2025
| Raising funds Millstream Animal Shelter 9. Support Costs Employee costs Premises expenses General administration Premises expenses General administration 10. Independent Examiner's Remuneration Independent examination of the financial statements 11. Staff Costs Staff costs were as follows: Wages and salaries Social security costs Other pension costs |
Activities undertaken directly £ - 303,320 |
Activities undertaken directly £ - 303,320 |
Support costs (see note 9) £ (1) 40,969 |
2024 Total £ (1) 344,289 |
|---|---|---|---|---|
| 303,320 | 40,968 | 344,288 | ||
| Raising funds £ - - (1) |
Millstream Animal Shelter £ 528 24,297 31,079 |
2025 Total £ 528 24,297 31,078 |
||
| (1) | 55,904 | 55,903 | ||
| Raising funds £ - (1) |
Millstream Animal Shelter £ 16,978 23,991 |
2024 Total £ 16,978 23,990 |
||
| (1) | 40,969 | 40,968 | ||
| 2025 £ 3,830 2025 £ 209,627 11,120 2,673 223,420 |
2024 £ 3,455 |
|||
| 2024 £ 137,752 25,073 4,816 |
||||
| 167,641 |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
- Average Number of Employees
Average number of employees during the year was: 9 (2024: 8)
Page 11
Millstream Animal Shelter (702953) Notes to the Financial Statements (continued) For The Year Ended 31 December 2025
13. Tangible Assets
Land & Property
| Land & Property |
|||||
|---|---|---|---|---|---|
| Cost As at 1 January 2025 As at 31 December 2025 Depreciation As at 1 January 2025 Provided during the period As at 31 December 2025 Net Book Value As at 31 December 2025 As at 1 January 2025 14. Investments Cost or Valuation As at 1 January 2025 Revaluations As at 31 December 2025 Provision As at 1 January 2025 As at 31 December 2025 Net Book Value As at 31 December 2025 As at 1 January 2025 15. Debtors Due within one year Trade debtors Other debtors |
Freehold £ 351,226 |
Plant & Machinery £ 226,610 |
Motor Vehicles £ 44,408 |
Total £ 622,244 |
|
| 351,226 | 226,610 | 44,408 | 622,244 | ||
| 129,013 - |
226,610 - |
32,679 2,932 |
388,302 2,932 |
||
| 129,013 | 226,610 | 35,611 | 391,234 | ||
| 222,213 | - | 8,797 | 231,010 | ||
| 222,213 | - | 11,729 | 233,942 | ||
| 2025 £ 688 17,250 17,938 |
Listed £ 1,019,382 79,350 |
||||
| 1,098,732 | |||||
| - | |||||
| - | |||||
| 1,098,732 | |||||
| 1,019,382 | |||||
| 2024 £ - 18,065 |
|||||
| 18,065 |
Page 12
Millstream Animal Shelter (702953) Notes to the Financial Statements (continued) For The Year Ended 31 December 2025
16. Creditors: Amounts Falling Due Within One Year
| Trade creditors Other creditors Taxation and social security Accruals and deferred income |
2025 £ 1 531 4,312 9,577 14,421 |
2024 £ (1) - - 7,323 |
|---|---|---|
| 7,322 |
17. Pension Commitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £2,673 (2024: £4,816).
At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.
18. Movement in Funds
| Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 January 2025 £ 2,168,483 |
Income £ 312,865 |
Expenditure £ (332,128) |
As at 31 December 2025 £ 2,149,220 |
|---|---|---|---|---|
| 2,168,483 | 312,865 | (332,128) | 2,149,220 | |
| As at 1 January 2024 £ 1,792,262 |
Income £ 649,317 |
Expenditure £ (273,096) |
As at 31 December 2024 £ 2,168,483 |
|
| 1,792,262 | 649,317 | (273,096) | 2,168,483 |
19. Transactions with Trustees
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
| 2025 | 2024 |
|---|---|
| £ | £ |
- Related Party Disclosures
Page 13
Millstream Animal Shelter (702953) Detailed Statement of Financial Activities For The Year Ended 31 December 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts Donations from individuals Gift aid Legacies Charitable Activities: Millstream Animal Shelter Rental income Other trading activities Shop income Investments Bank interest receivable Other Gain on disposal of intangible fixed assets EXPENDITURE ON: Raising funds Sundry expenses Charitable Activities: Millstream Animal Shelter Purchases Purchases Type A Advertising, marketing, direct mail and publicity Subcontractor costs Wages and salaries Employers NI Employers pensions - defined contribution schemes Vehicle running costs Insurance Data and telecommunications costs Printing, postage and stationery Subscriptions |
2025 Total funds £ 116,952 2,633 8,075 115,560 |
2024 Total funds £ 116,809 2,655 8,865 455,399 583,728 21,700 21,700 29,205 29,205 1,824 1,824 12,860 12,860 649,317 1 1 (12,846) (94,340) (48) (5,239) (137,752) (25,073) (4,816) (4,948) (10,958) (2,466) (1,137) (331) ...CONTINUED |
|---|---|---|
| 243,220 24,600 |
||
| 24,600 23,130 |
||
| 23,130 21,915 |
||
| 21,915 - |
||
| - | ||
| 312,865 1 |
||
| 1 (12,758) (91,825) - (4,845) (209,627) (11,120) (2,673) (5,409) (11,044) (1,972) (807) (562) |
Page 14
Millstream Animal Shelter (702953) Detailed Statement of Financial Activities (continued) For The Year Ended 31 December 2025
| Depreciation of motor vehicles Staff training Rates Light and heat Cleaning Computer and IT consumables Repairs, renewals and maintenance Independent examiner's fees Bank charges Sundry expenses NET (EXPENDITURE)/INCOME BEFORE INVESTMENT (LOSSES)/GAINS Net gains on investments Surplus on disposal of listed fixed asset investments NET (EXPENDITURE)/INCOME |
(2,932) (528) (9,662) (13,346) (1,289) (20) (17,812) (3,830) (23) (9,394) |
(3,366) - (8,627) (8,351) - - (13,817) (3,455) - (6,719) |
|---|---|---|
| (411,478) | (344,289) | |
| (411,477) | (344,288) | |
| (98,612) 79,349 |
305,029 71,192 |
|
| 79,349 | 71,192 | |
| (19,263) | 376,221 |
Page 15