## **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**|