OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

REGISTERED COMPANY NUMBER: 00887353 (England and Wales) REGISTERED CHARITY NUMBER: 1001346

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

Clarke Nicklin LLP Chartered Accountants and Statutory Auditors Clarke Nicklin House Brooks Drive Cheadle Royal Business Park Cheadle Cheshire SK8 3TD

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
Page
Report of the Trustees 1 to 6
Report of the Independent Auditors 7 to 10
Statement of Financial Activities 11
Balance Sheet 12
Cash Flow Statement 13
Notes to the Cash Flow Statement 14
Notes to the Financial Statements 15 to 26
Detailed Statement of Financial Activities 27 to 29
----- End of picture text -----

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

The directors present their Annual Report together with the financial statements of the Company for the year ended 31st December 2023.

INTRODUCTION

The Manchester and District Home for Lost Dogs was caring for lost and stray dogs, thirteen years before the Dogs Act was passed in 1906. At that time there were large numbers of strays for which no one was responsible.

The aim of the Home was to return these dogs to their owners, to find new homes for those not claimed and to minimize distress and suffering - that is still the aim today. In 1906 the Dogs Act charged the Police with the responsibility for stray dogs. However, from April 2008, this responsibility was transferred from the Police to the Local Authorities. Over 1,410 dogs passed through the Home in 2023.

REFERENCE AND ADMINISTRATIVE INFORMATION

The Manchester and District Home for Lost Dogs is a company limited by guarantee and registered under the Companies Act, registration number 887353 and is therefore governed by a Memorandum and Articles of Association. It is a registered charity, charity number 1001346. Funding is by Donations, Legacies, Gift Aid, the re-homing of dogs and services to Local Authorities.

TRUSTEES

The Trustees in office during the year were as follows:-

Mrs J. Jackson K.C.A.T (Chairman) Mr S. Stansfield (Treasurer) Mr T. J. Askew (Secretary) Mrs J. Bridson Mr G. Bridson Ms N. Jackson Ms E. Jones (Resigned 30 November 2023) Mr C. Winterburn (Resigned 6 March 2023) Mrs M. Fletcher (Appointed 15 November 2023)

SOLICITORS

TLT LLP 3 Hardman Square Manchester M3 3EB

AUDITORS

Clarke Nicklin LLP Chartered Accountants & Registered Auditors Clarke Nicklin House Brooks Drive Cheadle Royal Business Park Cheadle Cheshire SK8 3TD

Page 1

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

INVESTMENT ADVISORS

Brewin Dolphin 1 The Avenue Spinningfields Square Manchester M3 3AP

BANKERS

The Royal Bank of Scotland plc St Ann Street Manchester M60 2SS

VETERINARY SURGEONS

Mr C Cantera M.R.C.V.S. Miss D Toth M.R.C.V.S

REGISTERED OFFICE

Crofter's House Moss Brook Road Harpurhey Manchester M9 5PG

AIMS, OBJECTIVES AND ACTIVITIES

In accordance with its objects the principal activity of the Company during the year was to take in, care for and re-home stray dogs. The aim of the Manchester Dogs Home is to reunite every dog with its owner but if this is not possible, to re-home the dogs with caring new owners.

All the dogs are vaccinated and micro-chipped prior to being offered for re-homing. No healthy dog is ever destroyed, dogs are kept as long as it takes to re-home them. Transport is by specifically equipped dog ambulances which can be called upon to deal with emergencies.

First class veterinary care is provided together with a fully equipped surgery for sick and injured dogs attended by the Home's in house veterinary surgeons and qualified veterinary nurse. An isolation unit is maintained. The Home offers a pet cremation and funeral service facility which is for public use. We also actively encourage responsible dog ownership by visits to schools and other organisations. There have been no material changes in policies during the year. In deciding what activities the Charity should undertake the Trustees have paid due regard to the Charity Commission's guidance on public benefit.

We ensure that we are reviewing our rehoming and return numbers, financial income and expenditure and compare year on year. We also ensure that we receive feedback following events or local visits and implement improvements where possible. We also follow up with adopters, to gauge customer experience and satisfaction.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity is governed by its Council which consists of no more than twelve trustee members. All directors of the Company are members of the Council and there are no other Council members.

Page 2

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

The Council is responsible for formulating the strategy and policies for the Charity including the approval of budgets and the exercising of financial controls through regular financial reporting. De la Wyche Travis & Co. Chartered Accountants, provide full accounting and bookkeeping support to enable the Council to discharge its responsibilities in this area.

The Council of Management is responsible for all aspects of the Home's management and has powers to delegate responsibility.

Key Management Personnel Remuneration

The directors consider that the board of directors (who are also trustees of the charitable company) are the key management personnel of the Charity in charge of directing and controlling, running and operating the Company on a day to day basis. All directors give of their time freely and no director received remuneration in the year.

Risk Management

The trustees have identified the major risks to which the Charity is exposed. These have been reviewed and systems have been established to mitigate risks in all areas. There are a number of risks that the charity has identified and we have some mitigation in place:

R ecruitment and Training of Trustees

Page 3

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

As set out in the Articles of Association the Council may from time to time and at any time appoint a member of the Society as a member of the Council, either to fill a vacancy or by way of addition to the Council, provided that the prescribed maximum is not exceeded. Any member so appointed shall retain office only until the next Annual General Meeting but shall then be eligible for election.

Prospective trustees normally attend Council meetings to meet their future fellow trustees. They are briefed on their legal obligations under charity and company law and the content of the Memorandum and Articles of Association. Visits to the Charity's branches to see progress of projects and meet staff and volunteers are encouraged. All staff matters are dealt with by the Secretary.

ACHIEVEMENTS AND PERFORMANCE

During the year the Home received 1,410 dogs and 1,202 were rehomed or claimed during the year. We have made a start at Manchester on the considerable amount of building and maintenance work and have been able to employ our own maintenance person and our own part time gardener. This will hopefully enable us to make a big difference to both dogs and staff.

We were very proud when Farewells won an award and, with the assistance of our dedicated farewells staff and the admin support, it has exceeded expectations.

We continue to offer where appropriate our many discount facilities and as we are now in the process of recruiting new staff for both Manchester and Cheshire, we are moving forward. For the first time in a long time there were Christmas Fairs at both homes with staff and volunteers working together. Volunteers are an integral part of the running of the charity, from the Board of Trustees through to our dog walking and events volunteers. Without their significant contribution to the Charities work and ethos we would not be in the position that we are currently in. We have a number of committed, regular volunteers at our Cheshire site and we are working on building the number of regular volunteers at our Manchester site. This is something that we will be working on in the upcoming year.

Page 4

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

STRATEGIC REPORT Financial Review

The Financial Statements for the year show net income/(expenditure) of £155,189 (2022 - (£379,438)). This was after taking into account net gains/(losses) on investments of £48,535 (2022 - (£139,481)). The principal funding sources for the Charity are from the re-homing of dogs, legacies, donations, appeals income and Local Authority contributions.

Income for the year has increased to £2,119,594 (2022 - (£1,418,131)) mainly due to the increase in Legacies by £527,544 to £1,444,118.

Expenditure for the year has increased to £2,012,940 (2022 - £1,658,088). Wages costs have increased to £1,044,589 (2022 - £917,968).

Additions to tangible fixed assets in the year were £167,962 (2022 - £nil). Quoted investments at market value amounted to £912,484 (2022 - £841,340).

Overall funds of the Charity are £8,906,579 (2022 - £8,751,390).

Investment Policy

The Company's investment powers are prescribed in its Memorandum and Articles of Association and provide for the Company to invest the monies of the Charity not immediately required for its purposes in such investments, securities or property as may be thought fit, subject to any restrictions imposed by law. Only investments compatible with the Home's objects will be made. Brewin Dolphin have been appointed as investment advisors by the directors to assist them in applying these investment policies. We as a charity have made a decision not to invest in any business that has any involvement with animal cruelty or scientific experiments on animals of any species.

Reserves Policy

During the year the Charity's general reserve increased to £4,693,792. Restricted funds are £604 and designated reserves £4,212,183. The trustees have reviewed the assets of the Charity and concluded that to allow the Charity to be managed efficiently and to provide a buffer for uninterrupted services the present level of general reserves suffice for its needs.

The reserves are in place to ensure that the home/s are able to keep functioning should there be an impact by an un-anticipated financial shortfall. In addition to this the home has a number of ageing buildings that require on-going maintenance to ensure that they meet health and safety and welfare standards. The board of trustees annually review the investments and reserves to ensure that the dogs home has the stability to continue functioning despite situations like cost of living crisis ensuring that the charity is able to continue to provide care and treatment for stray and unwanted dogs as they have done since 1893.

Plans for Future Periods

Our plans for 2024 are first of all to carry on the enormous task of jobs with the aid of our Builder and staff especially at Manchester. We plan to review all our vehicles at both Manchester and Cheshire and to ask staff who use them what is required. We plan to review our management structure to enable us bring in new staff to replace staff who have retired or moved on. This is proving to be very worthwhile as new people bring with them new ideas.

As we have many events in 2024 it is great to see all staff from both Manchester and Cheshire working together along with volunteers. We have bought equipment to improve this and will continue to listen to staff suggestions.

Page 5

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The directors (who are also the trustees of the charitable company) are responsible for preparing the Directors' and Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including income and expenditure of the charitable company for that period. In preparing these financial statements, the directors are required to:

The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the directors are aware, there is no relevant audit information (as defined by Section 41S of the Companies Act 2006) of which the charitable company's auditor is unaware; and they have taken all steps that they ought to have taken as directors to make themselves aware of any relevant audit information and to establish that the charitable company's auditors are aware of that information.

AUDITORS

The auditors, Clarke Nicklin LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 27 November 2024 and signed on the board's behalf by:

Mrs J Jackson - Trustee

Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

Opinion

We have audited the financial statements of Manchester and District Home for Lost Dogs Ltd (the 'charitable company') for the year ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion.Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above. to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

Procedures to identify risks:

The procedures to respond to risks identified included:

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud non-compliance with laws and regulations throughout the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Graham Travis (Senior Statutory Auditor) for and on behalf of Clarke Nicklin LLP Chartered Accountants and Statutory Auditors Clarke Nicklin House Brooks Drive Cheadle Royal Business Park Cheadle Cheshire SK8 3TD

27 November 2024

Page 10

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
Charitable activities
6
Trading income
Other trading activities
4
Investment income
5
Other income
Total
EXPENDITURE ON
Raising funds
Raising donations and legacies
7
Other trading activities
8
Charitable activities
9
Trading income
Charitable activities
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
1,719,725
268,957
57,899
71,513
1,500
2,119,594
33,413
33,106
66,519
-
1,946,421
2,012,940
48,535
155,189
8,750,786
8,905,975		 Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
604
604		 2023
Total
funds
£
1,719,725
268,957
57,899
71,513
1,500
2,119,594
33,413
33,106
66,519
-
1,946,421
2,012,940
48,535
155,189
8,751,390
8,906,579		 2022
Total
funds
£
1,150,476
195,780
47,588
24,287
-
1,418,131
23,094
34,987
58,081
-
1,600,007
1,658,088
(139,481)
(379,438)
9,130,828
8,751,390

The notes form part of these financial statements

Page 11

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

BALANCE SHEET 31 DECEMBER 2023

Notes
FIXED ASSETS
Tangible assets
15
Investments
Investment property
16
Social investments
17
CURRENT ASSETS
Stocks
18
Debtors
19
Cash in hand
CREDITORS
Amounts falling due within one year
20
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
22
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
Restricted
funds
fund
£
£
4,017,183
-
195,000
-
912,484
-
5,124,667
-
53,424
-
75,293
-
3,807,560
604
3,936,277
604
(154,969)
-
3,781,308
604
8,905,975
604
8,905,975
604		 2023
Total
funds
£
4,017,183
195,000
912,484
5,124,667
53,424
75,293
3,808,164
3,936,881
(154,969)
3,781,912
8,906,579
8,906,579
8,905,975
604
8,906,579		 2022
Total
funds
£
3,981,819
195,000
841,340
5,018,159
49,934
35,252
3,741,517
3,826,703
(93,472)
3,733,231
8,751,390
8,751,390
8,750,786
604
8,751,390

The financial statements were approved by the Board of Trustees and authorised for issue on 27 November 2024 and were signed on its behalf by:

J Jackson - Trustee

The notes form part of these financial statements

Page 12

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of social investments
Sale of social investments
Interest received
Net cash (used in)/provided by investing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2023
£
213,916
213,916
(167,962)
(387,334)
355,862
52,165
(147,269)
66,647
3,741,517
3,808,164		 2022
£
74,595
74,595
-
(256,769)
307,896
7,967
59,094
133,689
3,607,828
3,741,517

The notes form part of these financial statements

Page 13

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023

1.
RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2023
2022
£
£
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
155,189
(379,438)
Adjustments for:
Depreciation charges
132,598
116,765
(Gain)/losses on investments
(39,672)
109,135
Interest received
(52,165)
(7,967)
Increase in stocks
(3,490)
(3,713)
(Increase)/decrease in debtors
(40,041)
229,886
Increase in creditors
61,497
9,927		 1.
RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2023
2022
£
£
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
155,189
(379,438)
Adjustments for:
Depreciation charges
132,598
116,765
(Gain)/losses on investments
(39,672)
109,135
Interest received
(52,165)
(7,967)
Increase in stocks
(3,490)
(3,713)
(Increase)/decrease in debtors
(40,041)
229,886
Increase in creditors
61,497
9,927
Net cash provided by operations 213,916
74,595
2.
ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank and in hand
Total		 At 1.1.23
£
3,741,517
3,741,517
3,741,517		 Cash flow
£
66,647
66,647
66,647		 At 31.12.23
£
3,808,164
3,808,164
3,808,164

The notes form part of these financial statements

Page 14

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. INFORMATION

Manchester And District Home for Dogs Limited ("the Company") is a charitable company limited by guarantee, incorporated in the United Kingdom. The address of its registered office and principal place of business is Crofter's House, Moss Brook Road, Harpurhey, Manchester, M9 5PG.

2. ACCOUNTING POLICIES

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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

There are no material uncertainties about the charity's ability to continue as a going concern.

The financial statements are presented in Sterling (£).

Significant judgements and estimates

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if revision only affects that period, or in the period of revision and future periods if the revision affects both current and future periods. The following estimates have had the most significant effect on amounts recognized in the financial statements:

Depreciation - The useful economic lives and residual values of fixed assets can vary significantly. Estimates are based on historic experience and current expectations of useful life. The size of prior year gains and losses as disposal are also factored into estimates.

Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably, Legacies are recognised following the grant of probate prior to the year end, the Charity's entitlement has been confirmed in writing by the administrator/executor for the estate and there is a reliable estimate of the amount due.

Donations are recognized when received.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are received. Gifts donated for resale are included as income when they are sold. No amounts are included in the financial statements for services donated by volunteers.

Investment income

Dividends and interest received under deduction of tax are stated gross in the statement of financial activities. Deposit interest is received gross.

Page 15

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably,

All expenditure is accounted for on an accruals basis, all expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. Staff costs are apportioned on the basis of staff time spent on a particular activity.

Costs of raising funds comprise costs of generating donations and legacies and costs of fundraising trading. Expenditure on charitable activities covers all costs which directly relate to the objects of the Charity and their associated support costs. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity and include the fees and costs linked to the strategic management of the charity.

Gifts in kind

Gifts in kind comprise food, beds etc for the dogs of £21,860. They are valued by officers of the Charity having regard to market prices when received. Undistributed food etc is valued at £10,300 and has been included as stock.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

----- Start of picture text -----
||| |---|---| |Freehold property|- 2% on cost| |Plant and machinery|- 10% on cost| |Fixtures and fittings|- 25% on cost| |Motor vehicles|- 25% on cost|

----- End of picture text -----

Investments

Investments are stated at market value. Realized and unrealized gains and losses on investments are dealt with in the statement of financial activities.

Investment property

Investment property is shown at the mast recent valuation. Any aggregate surplus or deficit arising from changes in fair value is.recognised in the statement of financial activites.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stocks are valued at the lower of cost and net realisable value, a basis consistent with that adopted in previous years.

Taxation

As a registered charity, no liability arises to taxation. Tax credits arising on gift aid and donated income are taken into account upon receipt of the tax repayment.

Page 16

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific instructions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the statement of financial activities in the period to which they relate.

Financial assets

Basic financial assets, including trade debtors and cash and bank balances are initially recognised at transaction price unless the arrangement constitutes a financing transaction. were the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired. the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the statement of financial activities.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in the statement of financial activities.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired. the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the statement of financial activities.

Page 17

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
3. DONATIONS AND LEGACIES
2023 2022
£ £
Donations 275,337 233,557
Legacies 1,444,118 916,574
Subscriptions 270 345
1,719,725 1,150,476
4. OTHER TRADING ACTIVITIES
2023 2022
£ £
Fundraising events 49,780 39,072
Sale of merchandise 8,119 8,516
57,899 47,588
5. INVESTMENT INCOME
2023 2022
£ £
Rents received 1,000 2,400
Investment income 18,348 13,920
Interest receivable 52,165 7,967
71,513 24,287
6. INCOME FROM CHARITABLE ACTIVITIES
2023 2022
Activity £ £
Trading Income Trading income 268,957 195,780
7. RAISING DONATIONS AND LEGACIES
2023 2022
£ £
Staff costs - 3,276
Advertising and promotion 25,586 17,318
Fundraising events 7,827 2,500
33,413 23,094
----- End of picture text -----

Page 18

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
8. OTHER TRADING ACTIVITIES
2023 2022
£ £
Purchases 8,014 12,629
Staff costs 24,801 22,067
Depreciation 291 291
33,106 34,987
9. CHARITABLE ACTIVITIES COSTS
2023 2022
£ £
Care of dogs 1,219,787 1,030,617
Premises 506,153 374,676
Telephone 6,619 5,565
Transport 37,630 13,140
Financing 6,735 6,169
Governance related:
Audit fees 14,000 7,250
Legal and professional fees 26,258 33,274
Subscription 4,709 4,426
Depreciation 495 495
Support costs:
Administrative salaries 63,027 66,460
Accountancy services 39,500 39,500
General expenses 2,081 3,142
Printing and stationery 13,492 10,102
Postage 2,795 2,262
Cash in transit costs 3,140 2,926
1,946,421 1,600,006
----- End of picture text -----

Page 19

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

10. SUPPORT COSTS

Management
£
Trading income
984
Charitable activities
123,051
124,035
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration
Depreciation - owned assets		 Governance
Other
costs
£
£
-
-
5,372
40,090
5,372
40,090
2023
£
14,000
132,598		 Totals
£
984
168,513
169,497
2022
£
7,250
116,765

11. NET INCOME/(EXPENDITURE)

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.

13. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
The average number of staff employed		 2023
£
963,438
63,766
17,385
1,044,589
2023
49		 2022
£
852,733
51,001
14,234
917,968
2022
49

No employees received emoluments in excess of £60,000.

Page 20

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
-
Donations and legacies 1,150,476 1,150,476
Charitable activities
-
Trading income 195,780 195,780
-
Other trading activities 47,588 47,588
Investment income 24,287 - 24,287
Total 1,418,131 - 1,418,131
EXPENDITURE ON
Raising funds
-
Raising donations and legacies 23,094 23,094
-
Other trading activities 34,987 34,987
-
58,081 58,081
Charitable activities
Charitable activities 1,600,007 - 1,600,007
Total 1,658,088 - 1,658,088
-
Net gains/(losses) on investments (139,481) (139,481)
-
NET INCOME/(EXPENDITURE) (379,438) (379,438)
RECONCILIATION OF FUNDS
Total funds brought forward 9,130,224 604 9,130,828
TOTAL FUNDS CARRIED FORWARD 8,750,786 604 8,751,390
----- End of picture text -----

Page 21

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

15.
TANGIBLE FIXED ASSETS
COST
At 1 January 2023
Additions
At 31 December 2023
DEPRECIATION
At 1 January 2023
Charge for year
At 31 December 2023
NET BOOK VALUE
At 31 December 2023
At 31 December 2022		 Freehold
property
£
5,132,513
108,853
5,241,366
1,213,359
102,650
1,316,009
3,925,357
3,919,154		 Plant and
machinery
£
232,139
2,792
234,931
224,915
5,056
229,971
4,960
7,224		 Fixtures
and
fittings
£
177,095
-
177,095
122,908
9,563
132,471
44,624
54,187		 Motor
vehicles
£
44,522
56,317
100,839
43,268
15,329
58,597
42,242
1,254		 Totals
£
5,586,269
167,962
5,754,231
1,604,450
132,598
1,737,048
4,017,183
3,981,819

16. INVESTMENT PROPERTY

£ FAIR VALUE At 1 January 2023 and 31 December 2023 195,000 NET BOOK VALUE At 31 December 2023 195,000 At 31 December 2022 195,000

Page 22

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
17. SOCIAL INVESTMENTS
Mixed
motive
investments
£
MARKET VALUE
At 1 January 2023 841,340
Additions 387,334
Disposals (355,862)
Revaluations 39,672
At 31 December 2023 912,484
NET BOOK VALUE
At 31 December 2023 912,484
At 31 December 2022 841,340
Cost or valuation at 31 December 2023 is represented by:
Mixed
motive
investment
£
Valuation in 2023 912,484
18. STOCKS
2023 2022
£ £
Stocks 53,424 49,934
19. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Local authorities 19,791 4,566
Other debtors 55,502 30,686
75,293 35,252
----- End of picture text -----

Page 23

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

20. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Environmental health
Social security and other taxes
Accrued expenses		 2023
£
55,354
12,684
17,528
69,403
154,969		 2022
£
22,976
12,636
9,949
47,911
93,472

Included in accrued expenses are unpaid pension contributions of £3,544 (2022: £2,707)

21. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated funds - fixed asset fund
Restricted funds
Restricted fund
TOTAL FUNDS		 At 1.1.23
£
4,574,118
4,176,668
8,750,786
604
8,751,390		 2023
£
9,081
6,811
15,892
Net
movement
in funds
£
155,189
-
155,189
-
155,189		 2022
£
8,577
15,010
23,587
At
31.12.23
£
4,729,307
4,176,668
8,905,975
604
8,906,579

22. MOVEMENT IN FUNDS

Page 24

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

22. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
2,119,594
(2,012,940)
TOTAL FUNDS
2,119,594
(2,012,940)
Comparatives for movement in funds
At 1.1.22
£
Unrestricted funds
General fund
4,953,556
Designated funds - fixed asset fund
4,176,668
9,130,224
Restricted funds
Restricted fund
604
TOTAL FUNDS
9,130,828
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,418,131
(1,658,088)
TOTAL FUNDS
1,418,131
(1,658,088)		 Gains and
losses
£
48,535
48,535
Net
movement
in funds
£
(379,438)
-
(379,438)
-
(379,438)
Gains and
losses
£
(139,481)
(139,481)		 Movement
in funds
£
155,189
155,189
At
31.12.22
£
4,574,118
4,176,668
8,750,786
604
8,751,390
Movement
in funds
£
(379,438)
(379,438)

Page 25

continued...

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

22. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated funds - fixed asset fund
Restricted funds
Restricted fund
TOTAL FUNDS		 At 1.1.22
£
4,953,556
4,176,668
9,130,224
604
9,130,828		 Net
movement
in funds
£
(224,249)
-
(224,249)
-
(224,249)		 At
31.12.23
£
4,729,307
4,176,668
8,905,975
604
8,906,579

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
3,537,725
3,537,725		 Resources
expended
£
(3,671,028)
(3,671,028)		 Gains and
losses
£
(90,946)
(90,946)		 Movement
in funds
£
(224,249)
(224,249)

23. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023.

Page 26

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Legacies
Subscriptions
Other trading activities
Fundraising events
Sale of merchandise
Investment income
Rents received
Investment income
Interest receivable
Charitable activities
Trading Income
Other income
Grants
Total incoming resources
EXPENDITURE
Raising donations and legacies
Wages
Advertising and promotion
Fundraising events
Other trading activities
Merchandise
Fund raising wages
Carried forward		 2023
£
275,337
1,444,118
270
1,719,725
49,780
8,119
57,899
1,000
18,348
52,165
71,513
268,957
1,500
2,119,594
-
25,586
7,827
33,413
8,014
24,801
32,815		 2022
£
233,557
916,574
345
1,150,476
39,072
8,516
47,588
2,400
13,920
7,967
24,287
195,780
-
1,418,131
3,276
17,318
2,500
23,094
12,629
22,067
34,696

This page does not form part of the statutory financial statements

Page 27

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Other trading activities
Brought forward
Fixtures and fittings
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Sundries
Premises
Transport costs
Fixtures and fittings
Motor vehicles
Bank charges
Support costs
Management
Wages
Accountancy fees
Postage and stationery
Sundries
Cash in transit costs
Other
Subscriptions
Governance costs
Auditors' remuneration
Legal and professional fees
Freehold property
Total resources expended
Net income/(expenditure) before gains and
losses		 2023
£
32,815
291
33,106
875,610
63,766
17,385
26,503
59,481
212,423
6,619
263,026
91,263
22,300
116,483
15,330
6,735
1,776,924
63,027
39,500
16,287
2,081
3,140
124,035
5,372
14,000
25,595
495
40,090
2,012,940
106,654		 2022
£
34,696
291
34,987
760,930
51,001
14,234
22,636
40,857
125,680
5,565
204,453
70,774
11,891
114,729
1,250
6,169
1,430,169
66,460
39,500
12,363
3,142
2,928
124,393
4,426
7,250
33,274
495
41,019
1,658,088
(239,957)

This page does not form part of the statutory financial statements

Page 28

MANCHESTER AND DISTRICT HOME FOR LOST DOGS LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments
Net income/(expenditure)		 2023
£
(22,609)
84,045		 2022
£
(30,346)
(270,303)

This page does not form part of the statutory financial statements

Page 29