2023-10-31-accounts

THE SECOND CHANCE SOCIETY

EXECUTIVE COMMITTEE'S REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31ST OCTOBER 2023

Charity Registration No. 1002511

THE SECOND CHANCE SOCIETY

CHARITY INFORMATION

Executive Committee

Anthony Long (Chairman) Yvonne Milne (Hon Treasurer) Anne Wilson (Hon Secretary) Callula Thornton Karen Milne Marcus Harrop Samantha Harrop Karen Smith Andy Smith

The executive committee is appointed at the annual Appointment of Executive Committee General Meeting. One third of the committeee is required to stand for re-election at each Annual General Meeting. Registered Charity Number 1002511

Constitution adopted 11th March 1991, amended on 12th Governing Instrument December, 2001.

Business Address 4 Mansbridge Cottages Mansbridge Road Mansbridge Southampton Accountants Power Account Limited Mailbox 3 Solent Business Centre 343 Millbrook Road West Southampton United Kingdom SO15 0HW Bankers Lloyds TSB 77 Shirley High St Southampton SO15 3TX

THE SECOND CHANCE SOCIETY

CONTENTS

	Page
EXECUTIVE COMMITTEE'S REPORT	1
INDEPENDENT EXAMINER'S REPORT	2
STATEMENT OF FINANCIAL ACTIVITIES	3
BALANCE SHEET	4
NOTES TO THE ACCOUNTS	5 to 9

THE SECOND CHANCE SOCIETY

EXECUTIVE COMMITTEE'S REPORT FOR THE YEAR ENDED 31ST OCTOBER, 2023

The Executive Committee present their report, together with the accounts for the year ended 31st October, 2023

The Executive Committee present their report, together with the recommendations of Statement of Recommended Practice - Accounting by Charities and comply with the requirements of the charity's trust deed.

Objects of the charity

To provide and maintain a shelter for homeless or unwanted animals.

Operational policies

The executive committee have appointed a coordinator to run the shelter.

Review of the development and achievement of the charity

The charity continued to pursue its general objectives during the year. No exceptional events occurred and the executive committee is satisfied with the charity's progress.

Results for the financial year

The income for the year amounted to £116,996 (2022 £227,267). Expenses incurred in managing and administering the charity were £58,345 (2022 £46,752). Costs in furtherance of the charity's objectives amounted to £158,626 (2022 £158,256).

Review of the activities and future plans

During the year the charity continued to provide a home for unwanted animals.

Reserves policy

It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately 12 months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs.

Risk Management

The executive committee have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established which enables the necessary steps to be taken to lessen these risks.

On behalf of the executive committee :

………………………………………… Anthony Long (Chairman)

Dated…………………………

THE SECOND CHANCE SOCIETY

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SECOND CHANCE SOCIETY

I report on the accounts of the charity for the year ended 31st October, 2023 which are set out on paged 3 to 9.

Respective responsibilities of trustees and examiner.

As the charity's executive committee you are responsible for the preparation of the accounts. You consider that the audit requirement of section 43(2) of the Charities Act, 1999 (The Act) does not apply. It is my responsibility to state, on the baises of procedures specified in the General Directions given by the Charities Commission under section 43(7).

Basis of independent examiners report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as the management committee concerning such matters. The propcedures undertaken do not provide all the evidence that would be required in an audit and consequently do not express an audit opinion on the view given by the accounts

Independent examiners statement.

In connection with my examination, no matter has come to my attention :

1) which gives me reasonable cause to believe that in any material respect the requirements

a) to keep accounting records in accordance with section 41 of the Act: and

b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act, have not been met, or

2) to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Power Account Ltd

Mailbox 3 Solent Business Centre 343 Millbrook Road West Southampton United Kingdom SO15 0HW

SECOND CHANCE SOCIETY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2023

Notes Incoming Resources Donations legacies and similar incomings 3&4 Investment Income and interest 5 Less : Costs of generating funds Fund raising costs 6 Net incoming resources available for charitable expenditure Charitable expendiuture Costs in furtherance of the charity's objectives 7 Management and administration costs 8 Total charitable expenditure Total resources expended 9 Net incoming resources Total funds brought forward Total funds carried forward	Unrestricted Funds £ 111,130 5,865 116,996 1,336.33 115,659 158,626 58,345 216,971 218,308	Total Funds 2023 £ 111,130 5,865 116,996 1,336.33 115,659 158,626 58,345 216,971 218,308 -101,312 754,638 653,326	Total Funds 2022 £ 226,944 323
			227,267
			892.00
			226,375
			158,256 46,752
			205,008
			205,900
			21,366 733,272
			754,638

The notes of page 5 to 9 form part of these accounts.

SECOND CHANCE SOCIETY

Balance Sheet as at 31st October 2023

Notes Fixed Assets Tangible Assets 10 Current Assets Debtors & Bank Balances 11 Less Current Liabilities Amounts falling due within one year 12 Represented By:- Funds Unrestricted 14	2023 £ 71,554 824,368 -895 895,027 895,027 895,027	2022 £ 53,506 935,525 -1,790
		987,241
		987,241
		987,241

Approved by the Executive Committee on……………………………….2024 and signed on its behalf by:-

………………………………………..

Anthony Long (Hon. Chairman)

………………………………………… Y Milne (Hon. Treasurer)

The notes on pages 5 to 9 form part of these accounts

SECOND CHANCE SOCIETY

Notes to the Financial Statements for the year ended 31st October 2023

1) Accounting policies : The accounts have been prepared under the historical cost convention

The recommendations in Accounting and Reporting by Charities : Statement of Recommended Practice have been followed in the preparation of these accounts.

b) Donations

Donations include all voluntary income, including income from fundraising events, from whatever source. All voluntary income is accounted for.

c) Legacies

Legacies are accounted for on receipt, or when receipt is reasonably certain and it's value can be measured accurately.

d) Resources expended

Resources expended are recognised in the period in which they are incurred.

e) Depreciation is provided on the tangible fixed assets, at rates calculated to write off the cost or valuation less estimated residual value of each asset spread evenly over it's economic life as follows:-

Kennel buildings : over 50 years (2% per annum) Computers : 100% in year of purchase Equipment : 25% Straight Line Methond Motor Vehicles : 25% Straight Line Mehtod

2) Fund Accounting

a) General fund

The charity's general funds consists of funds which the charity may use for it's purpose at it's discretion.

3) Donations, legacies and similar incoming resources

3) Donations, legacies and similar incoming resources
Donations Legacies Memorials	Unrestricted Funds Total Funds Total Funds £ 2023 2022 90,338 90,338 83,088 170 170 115,746 605 605 1,071
	91,113 91,113 199,905

4) Activities for generating funds

Sponsorships Members & Gift / charity aid Fundraising	Unrestricted Funds Total Funds Total Funds £ 2023 2022 - - - 351 351 3,756 19,666 19,666 23,282
	20,017 20,017 27,038

SECOND CHANCE SOCIETY

Notes to the Financial Statements for the year ended 31st October 2023

5) Investment income and interest Interest from bank accounts 6) Fundraising costs costs of fund raising 7) Costs in furtherance of charity's objects Purchases Wages Garage/Store building Repairs and maintenance 8) Managing and administering charity Utilities (electric gas water) Rent & rates Vehicle expenses Computer expense Insurance Clothing (Staff) refuse collection Accountancy fees Bookkeeping charges Bank charges & misc. exps. Advertising Stationery/post Telephone Open day Newsletters Donation Cat Hotel/Cat Isolation Sundry Expense Training Depreciation 9) Total resources expended Fund raising costs Costs re furthering charity's objectives Managing & administering charity		Unrestricted Funds £ 5,865 1,336 1,336 82,491 70,183 820 5,133 158,626 21,642 - 12,651 1,857 4,470 2,245 895 - 67 - 5,481 761 - - 375 - - - 7,901 58,345 159,963 58,345 218,308		Total Funds 2023 5,865 1,336 1,336 82,491 70,183 820 5,133 158,626 21,642 - 12,651 1,857 4,470 2,245 895 - 67 - 5,481 761 - - 375 - - - 7,901 58,345 159,963 58,345 218,308		Total Funds 2022 323 892
						892
						81,759 60,278 792 15,428
						158,256
						12,576 - 13,148 2,717 3,985 2,101 895 - 79 - 5,894 735 - - 934 - - - 3,688
						46,752
						159,148 46,752
						205,900

The following members of the executive committee received remuneration for work undertaken on behalf of the charity : Total Yvonne Milne 2023 (Bookkeeping and accounting and payroll services) 70,183	Total 2022 60,278

SECOND CHANCE SOCIETY

Notes to the Financial Statements for the year ended 31st October 2023

10) Tangible Fixed Assets

Balance brought forward Additions during year Vehicle Sale Less Depreciation Balance carried forward 11) Bank balances 12) Currentl Liabilities Creditors falling due within one year	Kennel Building Computer Equipments Vehicles £ £ £ £ 46,132 - 4,454 6,608 - - - 22,261 5,410 - 923 1,114 5,865	Kennel Building Computer Equipments Vehicles £ £ £ £ 46,132 - 4,454 6,608 - - - 22,261 5,410 - 923 1,114 5,865	Total £ 57,194 22,261 7,901
	45,209 - 3,341	23,004	71,554
		2023 824,368 2023 895	2022 935,525 2022 1,790

13) Restricted Funds None applicable

14) Total Funds at 31st October 2023

Unrestricted funds Total Net Assets per Balance Sheet	Tangible Fixed Assets Net Current Asstes 71,554 824,368 71,554 824,368	Total 895,027
		895,027