THE ANIMAL RESCUE CHARITY
REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31ST MARCH 2022
Registered Charity Number: 1007182
THE ANIMAL RESCUE CHARITY DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
INDEX
Page Number
| 1 | - | Trustees' Report | ||
|---|---|---|---|---|
| 2 | - | Independent Examiners' Report | ||
| 3 | - | Statement of financial activities | ||
| 4 | - | Balance sheet | ||
| 5 | - | 7 | - | Notes to the financial statements |
THE ANIMAL RESCUE CHARITY
| TRUSTEES: | J G Rose |
|---|---|
| F Piggot | |
| L Hunt (appointed 7-Apr-21) | |
| R Falsey (resigned 7-Apr-21) | |
| ACCOUNTANTS: | Sterlings Accountancy Solutions Ltd |
| Unit 5 Woodbrook Crescent | |
| Billericay | |
| Essex | |
| CM12 0EQ | |
| BANKERS: | CAF Bank Ltd |
| 25 Kings Avenue | |
| Kings Hill | |
| West Malling | |
| Kent | |
| ME19 4JQ | |
| REGISTERED OFFICE: | Foxdells Sanctuary |
| Farnham Road | |
| Bishops Stortford | |
| Hertfordshire | |
| CM23 1JB | |
| CHARITY NUMBER: | 1007182 |
Page 1
THE ANIMAL RESCUE CHARITY
TRUSTEES' REPORT
The trustees present their annual report and the financial statements for the year ended 31st March 2022.
This report has been prepared in accordance with the Charities SORP (FRS 102).
On 7-Apr-21 Ronan Falsey resigned as a trustee of the charity, on the same date, Lynda Hunt was appointed as a new trustee.
The Animal Rescue Charity, registration number 1007182, and registered with the Charities Commission in 1991, evolved from the need to prevent suffering to animals by providing a Sanctuary/safe haven for abandoned and homeless animals.
The year ending March 2022 has been one of great achievement, having successfully moved into our new rescue home and attracting local volunteers so badly needed following the Lockdown the previous year. All targets have been reached and our commitment to provide veterinary care for animals in need achieved, along with our aim to preserve life at all costs.
Due to the effects of Lockdown, we have been unable to carry out our routine Charity fundraising events which initially was of major concern. It would appear, however, that our supporters, once again, have kept the Charity financially afloat, along with thoughtful and generous legacies received throughout the year. Our Charity is and has always been part of the community and tries to give assistance to help people through temporary problems such as care for animals should their owner become incapacitated. We are always available to listen and work out a program to owners to keep
Overall, awareness of the Charity and its value to the community has created a higher level of income from subscribers and in particular legacies which form a major part of overall funding upon which the Charity now depends. We cannot thank people enough for thinking of us and our animals when contemplating a Will and it is to those people to whom we are forever indebted.
The Charity wishes to acknowledge the dedicated support given to our Cause by local organisations and businesses, in particular, to those stores which provide the essential facility of an animal food bin enabling customers an opportunity to participate in the welfare of our animals. We are truly thankful for this kind gesture.
The Charity’s leaning towards the preservation of wildlife and environmental issues continues and advice is always on hand for those who seek it.
The Charity’s total income for the year was £197,732, with a total expenditure of £168,859.
To summarise for the year, once again our supporters and volunteers have seen our Charity through another difficult year for which we cannot thank them enough.
Signed by the Board of Trustees: ….............................................................................. The Animal Rescue Charity, registered with the Charities Commission, No. 1007182
Approved for signature by the Management Committee on: 20 July 2022
Page 2
INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES OF
THE ANIMAL RESCUE CHARITY
I report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 3 to 7.
Respective responsibilities of trustees and examiner
The charity trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to :
-
examine the accounts under section 145 of the 2011 Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act
-
to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below.
Independent examiners statement
In connection with my examination, no matter has come to my attention
-
which gives me reasonable cause to believe that in, any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act and to prepare accounts which accord with accounting records and to comply with the accounting requirements of the 2011 Act
have not been met.
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
David Parker FCA
Institute of Chartered Accountants in England & Wales
Sterlings Accountancy Solutions Limited Unit 5 Woodbrook Crescent Billericay Essex CM12 0EQ
Date: 18 August 2022
Page 3
THE ANIMAL RESCUE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING THE INCOME AND
EXPENDITURE ACCOUNT AND STATEMENT OF RECOGNISED GAINS AND LOSSES
FOR THE YEAR ENDED 31ST MARCH 2022
----- Start of picture text -----
2022 2021
Unrestricted Restricted Total Total
Notes £ £ £ £
Incoming resources
Revenue grants, legacies and donations
Donations 145,802 - 145,802 149,460
Activities for generating funds
Investment income 3 112 - 112 342
Other income 4 51,818 - 51,818 1,964
Total incoming resources being net incoming
-
resources available for charitable application 197,732 197,732 151,766
Resources expended
Charitable expenditure
Costs of activities in furtherance of the charity's
objectives 5 131,976 - 131,976 106,639
Support costs and activities 6 9,417 - 9,417 10,092
Management and administration on the charity 7 27,466 - 27,466 39,222
-
Total resources expended 168,859 168,859 155,953
Net incoming/(outgoing) resources for the year before
-
transfers and investment gains and losses 28,873 28,873 (4,187)
Net movement in funds 28,873 - 28,873 (4,187)
-
Fund balance brought forward 2,171,796 2,171,796 2,175,983
Fund balance carried forward £ 2,200,669 £ - £ 2,200,669 £ 2,171,796
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-
All transactions are derived from continuing activities.
-
There are no gains or losses for the year other than those recognised in the Statement of Financial Activities.
The notes on pages 5 to 7 form part of these financial statements
Page 4
THE ANIMAL RESCUE CHARITY
BALANCE SHEET
AS AT 31ST MARCH 2022
----- Start of picture text -----
2022 2021
Notes £ £ £ £
Fixed Assets
Tangible Assets 8 1,534,745 1,523,374
1,534,745 1,523,374
Current Assets
Cash at bank and in hand 671,077 652,214
671,077 652,214
Creditors : amounts falling due
within one year 9 5,153 3,792
Net Current Assets 665,924 648,422
Total Assets Less Liabilities £ 2,200,669 £ 2,171,796
Financed by:
Unrestricted reserves:
Retained surplus 2,200,669 2,171,796
£ 2,200,669 £ 2,171,796
----- End of picture text -----
The Board of Trustees are satisfies that the organisation is not required to have an audit of the by virtue of its level of turnover or by virtue of any requirement under its constitution or otherwise.
The Board of Trustees also acknowledge their responsibility for ensuring the organisation keeps proper accounting records in accordance with the requirements of the Charities Act 2011.
Approved for signature by the Management Committee:
Trustee :
Date: 20 July 2022
The notes on pages 5 to 7 form part of these financial statements
Page 5
THE ANIMAL RESCUE CHARITY NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022
1. ACCOUNTING POLICIES
Charity information
The Animal Rescue Charity is a private company limited by guarantee incorporated in England and Wales. Foxdells Sanctuary, Foxdells Lane, Rye Street, Bishops Stortford, Herts, CM23 2JG.
Basis of preparing the financial statements
The accounts have been prepared in accordance with the FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for Charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it applies from 1 January 2015. The company is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in Sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Under Companies Act 2006 s454, on a voluntary basis, the trustees can amend these financial statements if they subsequently prove to be defective.
On the basis of the foregoing the Trustees consider that the going concern concept continue to be appropriate and has therefore been applied.
Incoming resources
Voluntary income including donations, gifts and legacies are recognised where there is entitlement, which is generally on receipt, and the amount can be measured with sufficient reliability.
Investment income is recognised on a receivable basis.
Grants and Donations
Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Recognition of liabilities
Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary with the guidance given in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England and Wales
Fixed assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation, items of less than £100 are not capitalised.
Depreciation has been provided at the following rates in order to write off the assets (less their expected residual value) over their useful economic lives.
A regular annual review of the likelihood of asset impairment is undertaken
Vehicles 25% reducing balance Plant & machinery 25% reducing balance
Taxation
As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value added tax is not recoverable by the organisation, and is therefore included in the relevant costs on the Statement of Financial Activities.
Page 6
THE ANIMAL RESCUE CHARITY NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022
2. STAFF COSTS AND EMOLUMENTS
| 2. STAFF COSTS AND EMOLUMENTS |
|
|---|---|
| Gross salaries and wages | 2022 2021 £ £ 84,665 £ 76,970 £ |
| 3. INVESTMENT INCOME 2022 2021 £ £ Interest receivable 112 £ 342 £ The employed staff of the charity are, with one exception, full time animal carers, one employee of the charity does some administration, but the administration of the charity is largely carried out by volunteers. |
|
| 4. Vacant possession settlement Commissions Government grants OTHER INCOME |
2022 2021 £ £ 50,000 - 1,818 - - 1,964 |
| 51,818 £ 1,964 £ |
|
| 5. Animal carers Vet fees and drugs Animal feed and sundries Motor expenses Depreciation (Profit)/loss on disposal of fixed assets COST OF ACTIVITIES IN FURTHERANCE OF THE CHARITIES OBJECTIVES |
2022 2021 £ £ 84,665 76,970 24,487 10,053 3,084 1,402 5,953 5,516 13,787 13,577 - (879) |
| 131,976 £ 106,639 £ |
|
| 6. SUPPORT COSTS OF ACTIVITIES Repairs and maintenance |
2022 2021 £ £ 9,417 £ 10,092 £ |
Page 7
THE ANIMAL RESCUE CHARITY NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022
| 7. MANAGMENT AND ADMINISTRATION OF THE CHARITY Telephone and fax Computer expenses Accountancy fees Stationery, printing and computer Advertising Bank charges Insurances Legal and professional Payroll costs Light and heat Water rates Waste collection Sundry expenses Entertainment Relocation costs 8. FIXED ASSETS Plant, Machinery & Vehicles £ Cost At 1st April 2021 102,873 Additions 14,418 At 31st March 2022 117,291 Depreciation At 1st April 2021 62,153 Charge for year 13,787 At 31st March 2022 75,940 Net Book Value At 31st March 2022 41,351 £ At 31st March 2021 40,720 £ 9. CREDITORS: amounts falling due within one year Trade creditors PAYE Other creditors |
2022 £ 993 115 2,833 1,574 635 780 4,335 6,136 1,128 6,316 1,880 - 741 - - 27,466 £ Land and Buildings £ 1,482,654 10,740 1,493,394 - - - 1,493,394 £ 1,482,654 £ 2022 £ 3,661 1,120 372 5,153 £ |
2021 £ 1,168 302 2,773 1,522 619 703 5,464 2,055 836 4,770 283 792 1,701 160 16,074 39,222 £ Total £ 1,585,527 25,158 1,610,685 62,153 13,787 75,940 1,534,745 £ 1,523,374 £ 2021 £ 3,292 - 500 3,792 £ |
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