REGISTERED CHARITY NUMBER: 1001513
ANIMAL HOSTEL TRUST
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
John Crook & Partners Chartered Accountants 255 Green Lanes Palmers Green London N13 4XE
ANIMAL HOSTEL TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
ANIMAL HOSTEL TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
The trustees present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The care and protection of animals in need, by reason of their sickness, maltreatment, neglect or poor circumstances.
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To provide support and practical help to people needing to rehome their animals.
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To improve animal welfare through education, information, knowledge and advice relating to the care and training of animals. This reduces the number of future welfare cases.
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To provide training, work experience and volunteering opportunities to members of the local community.
There have been no significant changes to these objectives during the year, but the aftermath of the Coronavirus Pandemic has affected the execution of these objectives and is likely to necessitate future operational changes. In particular, the pandemic resulted in the loss of both our paid staff and many volunteers, which in turn reduced our income and increased the workload of the trustees. Whilst we managed to continue providing full welfare provision and support as needed to both animals and owners in need both during the pandemic and since then, its effects restricted some of our other activities for a long time, although the situation has now started to improve.
Focus of our work
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To rescue, rehabilitate and rehome unwanted animals. In order to respond to the ongoing UK horse welfare crisis we take in unwanted or abandoned horses and ponies. We find long term, caring loan homes for rescued animals.
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To maintain our "No Kill" policy - we never end the life of a healthy animal for economic or other reasons.
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The inclusion of people from all backgrounds.
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In conjunction with leading horse trainers, behaviourists and therapists, to design, develop, innovate and improve the training methods and equipment used to train and work horses, to produce ergonomic equipment and practices which improve horse welfare.
Public benefit
The benefits to the public are:
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We provide services, practical support and facilities to assist people who are no longer able to keep their animals.
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We take in abandoned and unwanted animals.
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We provide paid employment, volunteer opportunities, education, training and work experience facilities for members of the local community.
Volunteers
Animal care and other tasks have historically been provided by a mixture of volunteers, unpaid trustees and paid staff. The animal care is labour intensive and involves skilled work, due to many of our rescued horses having health issues and/or behavioural problems. Therefore, some volunteers and less experienced staff require supervision.
Our charity shop provides facilities for volunteers and has increased the variety of community opportunities we are able to offer.
Having volunteers keeps us in touch with the local community and provides us with assistance with labour-intensive tasks. The volunteer opportunities we provide (except in times of pandemic and the consequent government restrictions) are of great ongoing benefit to individuals and also the local community. Volunteers learn useful work-related and other skills and some will also benefit from the opportunity to interact with other people.
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ANIMAL HOSTEL TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Coronavirus pandemic has had and continues to have a substantial impact on our work. Volunteers, staff and contractors were lost and vets were unable to provide non-emergency services. This situation has now improved, but it continues to be difficult to recruit suitable members of staff, plus staff and other costs have increased substantially. The Trustees will continue to make any necessary operational decisions in response to this situation.
Income generation
We continue to raise the majority of our running costs through the sale of produce, donated goods and from direct donations from kind members of the public.
Charity shop
We opened our first charity shop in November 2021 and this has proved to be successful in terms of income generation, increased public awareness and the involvement of volunteers. The Trustees intend to open an additional shop in the future.
Investment performance
We continue to review our objectives on a regular basis. This review considers what we have achieved in the previous 12 months. We have referred to the guidance contained in the Charity Commission general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. Budgets and forecasts are prepared on a regular basis. Performance this year has been in line with these indicators.
FINANCIAL REVIEW
Reserves policy
The trustees seek to hold reserves in order to meet the future needs of the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
We intend to appoint further trustees to increase the Trust's rate of growth, to introduce additional skills and to work more closely with other charities where possible, especially those that work with disadvantaged or vulnerable members of the local community.
The trustees present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of 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 2015).
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1001513
Principal address
Silpho Brow Farm West Silpho Scarborough YO13 0JP
Trustees
G Edwards Miss C Edwards Ms A Clayton Ms L Smith (appointed 26/7/2022)
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ANIMAL HOSTEL TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
John Crook & Partners Chartered Accountants 255 Green Lanes Palmers Green London N13 4XE
Approved by order of the board of trustees on 20 October 2024 and signed on its behalf by:
G Edwards - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ANIMAL HOSTEL TRUST
Independent examiner's report to the trustees of Animal Hostel Trust
I report to the charity trustees on my examination of the accounts of Animal Hostel Trust (the Trust) for the year ended 30 June 2023.
Responsibilities and basis of report
As the charity trustees 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
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 content 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.
I A Hunt FCA
John Crook & Partners Chartered Accountants 255 Green Lanes Palmers Green London N13 4XE
20 October 2024
Page 4
ANIMAL HOSTEL TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023
| 2023 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 1,574 Other trading activities 2 106,308 Investment income 3 6 Total 107,888 EXPENDITURE ON Raising funds 63,986 Charitable activities Horse Welfare 67,756 Total 131,742 NET INCOME/(EXPENDITURE) (23,854) RECONCILIATION OF FUNDS Total funds brought forward 294,125 TOTAL FUNDS CARRIED FORWARD 270,271 |
2022 Total funds £ 12,811 66,676 - 79,487 52,077 57,924 110,001 (30,514) 324,639 294,125 |
|---|---|
The notes form part of these financial statements
Page 5
ANIMAL HOSTEL TRUST
BALANCE SHEET 30 JUNE 2023
| 2023 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 6 329,028 CURRENT ASSETS Cash at bank and in hand 4,050 CREDITORS Amounts falling due within one year 7 (32,407) NET CURRENT ASSETS (28,357) TOTAL ASSETS LESS CURRENT LIABILITIES 300,671 CREDITORS Amounts falling due after more than one year 8 (30,400) NET ASSETS 270,271 FUNDS 11 Unrestricted funds 270,271 TOTAL FUNDS 270,271 |
2022 Total funds £ 327,805 25,378 (21,458) 3,920 331,725 (37,600) 294,125 294,125 294,125 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 October 2024 and were signed on its behalf by:
G Edwards - Trustee
C Edwards - Trustee
A Clayton - Trustee
The notes form part of these financial statements
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ANIMAL HOSTEL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. 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.
| Freehold property | - Straight line over 25 years and Straight line over 50 years |
|---|---|
| Plant and machinery | - 15% on reducing balance |
| Computer equipment | - 33% on cost |
The land within the freehold property is not depreciated.
Taxation
The charity is exempt from 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 of the nature and purpose of each fund is included in the notes to the financial statements.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| Internet sales Shop sales |
2023 £ 39,361 66,947 106,308 |
2022 £ 41,826 24,850 |
| 66,676 |
continued...
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ANIMAL HOSTEL TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023
3. INVESTMENT INCOME
| INVESTMENT INCOME | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | |||
| Deposit account interest | 6 | - |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 12,811 |
| Other trading activities | 66,676 |
| Total | 79,487 |
| EXPENDITURE ON | |
| Raising funds | 52,077 |
| Charitable activities | |
| Horse Welfare | 57,924 |
| Total | 110,001 |
| NET INCOME/(EXPENDITURE) | (30,514) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 324,639 |
| TOTAL FUNDS CARRIED FORWARD | 294,125 |
continued...
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ANIMAL HOSTEL TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023
6. TANGIBLE FIXED ASSETS
| COST At 1 July 2022 Additions At 30 June 2023 DEPRECIATION At 1 July 2022 Charge for year At 30 June 2023 NET BOOK VALUE At 30 June 2023 At 30 June 2022 |
Freehold property £ 323,635 - 323,635 12,485 1,600 14,085 309,550 311,150 |
Plant and machinery £ 19,540 4,769 24,309 2,885 2,621 5,506 18,803 16,655 |
Computer equipment £ - 983 983 - 308 308 675 - |
Totals £ 343,175 5,752 |
|---|---|---|---|---|
| 348,927 | ||||
| 15,370 4,529 |
||||
| 19,899 | ||||
| 329,028 | ||||
| 327,805 |
Included in cost or valuation of land and buildings is freehold land of £248,635 (2022 - £248,635) which is not depreciated.
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Bank loans and overdrafts (see note 9) Other creditors 8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Bank loans (see note 9) 9. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank overdrafts Bank loans Other loans Amounts falling between one and two years: Bank loans - 1-2 years Amounts falling due between two and five years: Bank loans - 2-5 years |
2023 £ 11,795 20,612 32,407 2023 £ 30,400 2023 £ 2,195 9,600 17,132 28,927 9,600 20,800 |
2022 £ 9,600 11,858 |
|---|---|---|
| 21,458 | ||
| 2022 £ 37,600 |
||
| 2022 £ - 9,600 8,648 |
||
| 18,248 | ||
| 9,600 | ||
| 28,000 |
continued...
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ANIMAL HOSTEL TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023
10. 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 TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
At 1/7/22 £ 294,125 294,125 Incoming resources £ 107,888 107,888 At 1/7/21 £ 324,639 324,639 |
2023 2022 £ £ 7,000 7,000 1,750 8,750 8,750 15,750 Net movement At in funds 30/6/23 £ £ (23,854) 270,271 (23,854) 270,271 Resources Movement expended in funds £ £ (131,742) (23,854) (131,742) (23,854) Net movement At in funds 30/6/22 £ £ (30,514) 294,125 (30,514) 294,125 |
|---|---|---|
11. MOVEMENT IN FUNDS
continued...
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ANIMAL HOSTEL TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 79,487 79,487 |
Resources Movement expended in funds £ £ (110,001) (30,514) (110,001) (30,514) |
Resources Movement expended in funds £ £ (110,001) (30,514) (110,001) (30,514) |
|---|---|---|---|
| (30,514) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1/7/21 £ 324,639 324,639 |
Net movement in funds £ (54,368) (54,368) |
At 30/6/23 £ 270,271 |
|---|---|---|---|
| 270,271 |
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 £ 187,375 187,375 |
Resources Movement expended in funds £ £ (241,743) (54,368) (241,743) (54,368) |
Resources Movement expended in funds £ £ (241,743) (54,368) (241,743) (54,368) |
|---|---|---|---|
| (54,368) |
12. RELATED PARTY DISCLOSURES
During the year, the trustees provided the trust with an interest free loan which is repayable on demand. The balance at year-end was £17,132 (2022 - 8,648).
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ANIMAL HOSTEL TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023
| INCOME AND ENDOWMENTS Donations and legacies Donations Other trading activities Internet sales Shop sales Investment income Deposit account interest Total incoming resources EXPENDITURE Other trading activities Purchases Postage and stationary Commission Shop purchases Shop wages Shop insurance Shop lease Shop - Hire of equipment Shop - Light and heat Shop - Equipment Shop - Credit card charges Shop - Telephone and Broadband Repairs to shop Shop - Rates Charitable activities Advertising Food, litter & animal welfare Veterinary fees Repairs and maintenance Equipment for horses Vehicle expenses Volunteer supplies Freelance labour Support costs Management Rates and water Carried forward |
2023 £ 1,574 39,361 66,947 106,308 6 107,888 14,843 4,601 478 400 27,476 475 7,050 2,582 1,925 1,177 565 292 - 522 62,386 769 3,391 3,822 - 3,193 4,648 1,619 19,092 36,534 11,104 11,104 |
2022 £ 12,811 41,826 24,850 |
|---|---|---|
| 66,676 - |
||
| 79,487 15,023 6,401 390 2,152 17,332 475 5,250 1,448 1,212 1,291 97 121 885 - |
||
| 52,077 334 8,996 2,544 6,822 3,595 10,505 2,478 - |
||
| 35,274 - - |
This page does not form part of the statutory financial statements
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ANIMAL HOSTEL TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023
| Management Brought forward Insurance Light and heat Telephone Finance Bank charges Bank Interest Paid Loan Interest charged Depn of freehold property Depn of plant & machinery Depn of computer equipment Information technology Postage and stationery Repairs and renewals Governance costs Sundries Accountancy and legal fees Professional fees Total resources expended Net expenditure |
2023 £ 11,104 2,812 749 86 14,751 4 33 1,135 1,600 2,621 308 5,701 83 8,977 9,060 423 1,290 1,597 3,310 131,742 (23,854) |
2022 £ - 1,808 691 24 2,523 - - 98 1,600 2,283 - 3,981 - 12,220 12,220 13 1,110 2,803 3,926 110,001 (30,514) |
|---|---|---|
This page does not form part of the statutory financial statements
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