## **THE ANIMAL RESCUE CHARITY** **REPORT AND ACCOUNTS** **FOR THE YEAR ENDED** **31ST MARCH 2023** **Registered Charity Number: 1007182** **THE ANIMAL RESCUE CHARITY DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023** ## **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| |ACCOUNTANTS:|Sterlings Accountancy Solutions Ltd| ||131-133 Roman Road| ||Mountnessing| ||Brentwood| ||Essex| ||CM15 0UD| |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| TRUSTEES. REPORT The Animal Rescue Charity, Registration number IChJ7182 The Trustees present their Annual Report and the Financial Statements for the year ended 31M March 2023. This report has been prepared in accordance with the Charities SORP IFRS 1021. The Animal Rescue Charity. registration number 1007182 with the Charities Commission in 1991, evolved from the need to provide a safe haven/sanctuary for abandoned and homeless animals in orderto prevent suffering and to find new homes for domestic animals offering care, love and affection for the remainder of their lives. We are proud to be a "no death" or8anization. The year ending March 2023 has been one of many challen8es in order to achieve our goals. The economic climate throughout the Country has placed the Charity with hitherto unknown fronts.ers which thankfully due to the support of our volunteers and rtaff have been navigated as they present themselves. Our commitment to provide veterinary care and shelter for animals within our confines continues. along with the welfare offered to animals where owners are temporarily unable to look after their animals due to hospitslisation. each case given special consideration. The Charitrfs annual income for the year was £227.695 Expenditure.. £176,477 Gain for the year.. £51,218 Overdll awareness and the Charl￿S value to the Community has provided the essential income needed to finance our commitments. A further commitment to the preservation of wildlife and environmental issues plays a large role within the Charity and is an avenue we would like to pursue further in the future. However. due to the cUr￿nt economic climate, our ship is now heading into unchartered waters and the biggest challenge Is yet to come. We are confident that our loyal supporters will ensure that the Charity and it's aims are kept afloat and are forever thankful to those who leave Legacies which carry us through. Lastly, we wish to ￿member those who have strived to place the Charity where it is today but sadly are no longer with us. We owe such gfdtitude.... signed by the Board of Trustees Approved by the Board of Trustees on ....... 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 2023, 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 1. 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. 2. 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 131-133 Roman Road Mountnessing Brentwood Essex CM15 0UD Date: 17th July 2023 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 2023** |**Notes**
**Incoming resources**
Revenue grants, legacies and donations
Donations
Activities for generating funds
Investment income
3
Other income
4
**Resources expended**
**Charitable expenditure**
5
Support costs and activities
6
Management and administration on the charity
7
**Total resources expended**
**Net movement in funds**
Fund balance brought forward
**Total incoming resources being net incoming**
**resources available for charitable application**
**Net incoming/(outgoing) resources for the year**
**before transfers and investment gains and losses**
Costs of activities in furtherance of the charity's
objectives
**Fund balance carried forward**|**2022**
**Unrestricted**
**Restricted**
**Total**
**Total**
**£**
**£**
**£**
**£**
221,347
-
221,347
145,802
4,183
-
4,183
112
2,165
-
2,165
51,818
227,695
-
227,695
197,732
135,368
-
135,368
131,976
18,517
-
18,517
9,417
22,592
-
22,592
27,466
176,477
-
176,477
168,859
51,218
-
51,218
28,873
51,218
-
51,218
28,873
2,200,669
-
2,200,669
2,171,796
2,251,887
£
-
£
2,251,887
£
2,200,669
£
**2023**| |---|---| - 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 2023** |**Notes**
**Fixed Assets**
Tangible Assets
8
**Current Assets**
Cash at bank and in hand
9
**Net Current Assets**
**Total Assets Less Liabilities**
**Financed by:**
**Unrestricted reserves:**
Retained surplus
**Creditors**: amounts falling due
within one year|**2023**
**2022**
**£**
**£**
**£**
**£**
1,528,853
1,534,745
1,528,853
1,534,745
731,759
671,077
731,759
671,077
8,725
5,153
723,034
665,924
2,251,887
£
2,200,669
£
2,251,887
2,200,669
2,251,887
£
2,200,669
£|**2023**
**2022**
**£**
**£**
**£**
**£**
1,528,853
1,534,745
1,528,853
1,534,745
731,759
671,077
731,759
671,077
8,725
5,153
723,034
665,924
2,251,887
£
2,200,669
£
2,251,887
2,200,669
2,251,887
£
2,200,669
£| |---|---|---| |||1,534,745
665,924| |||2,200,669
£| |||2,200,669| |||2,200,669
£| 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: …................................... 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 2023** ## **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 2023** ## **2. STAFF COSTS AND EMOLUMENTS** |**STAFF COSTS AND EMOLUMENTS**||||| |---|---|---|---|---| |||**2023**||**2022**| |||**£**||**£**| |Gross salaries and wages|£|107,417
|£|84,665
| 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. ## **3. INVESTMENT INCOME** |Interest receivable
**4.**
Vacant possession settlement
Commissions
**5.**
Animal carers
Vet fees and drugs
Animal feed and sundries
Motor expenses
Depreciation
(Profit)/loss on disposal of fixed assets
**6.**
**SUPPORT COSTS OF ACTIVITIES**
Repairs and maintenance
**COST OF ACTIVITIES IN FURTHERANCE OF THE**
**CHARITIES OBJECTIVES**
**OTHER INCOME**|**2023**
**£**
4,183
£
**2023**
**£**
-
2,165
2,165
£
**2023**
**£**
107,417
21,240
1,974
4,279
11,827
(11,369)
135,368
£
**2023**
**£**
18,517
£|**2022**
**£**
112
£| |---|---|---| |||**2022**
**£**
50,000
1,818| |||51,818
£| |||**2022**
**£**
84,665
24,487
3,084
5,953
13,787
-| |||131,976
£| |||**2022**
**£**
9,417
£| Page 7 **THE ANIMAL RESCUE CHARITY NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST MARCH 2023** ## **7. MANAGMENT AND ADMINISTRATION OF THE CHARITY** |Telephone
Computer expenses
Accountancy fees
Stationery, printing and computer
Advertising
Bank charges
Insurances
Legal and professional
Payroll costs
Light and heat
Waste collection
Sundry expenses|**2023**
**2022**
**£**
**£**
522
993
194
115
3,020
2,833
1,666
1,574
348
635
932
780
5,312
4,335
79
6,136
1,010
1,128
6,775
6,316
1,875
1,880
859
741
22,592
£
27,466
£| |---|---| ## **8. FIXED ASSETS** |**Cost**
At 1st April 2022
Additions
Disposals
At 31st March 2023
**Depreciation**
At 1st April 2022
Charge for year
On disposals
At 31st March 2023
**Net Book Value**
At 31st March 2023
At 31st March 2022
**CREDITORS: amounts falling due within one year**
Trade creditors
PAYE
Other creditors|**Plant,**
**Machinery**
**& Vehicles**
**£**
117,291
6,700
(10,194)
113,797
75,940
11,827
(9,429)
78,338
35,459
£
41,351
£|**Land and**
**Buildings**
**£**
1,493,394
-
-
1,493,394
-
-
-
-
1,493,394
£
1,493,394
£
**2023**
**£**
8,133
-
592
8,725
£|**Total**
**£**
1,610,685
6,700
(10,194)| |---|---|---|---| ||||1,607,191| ||||75,940
11,827
(9,429)| ||||78,338| ||||1,528,853
£| ||||1,534,745
£| ||||**2022**
**£**
3,661
1,120
372| ||||5,153
£| **9. CREDITORS: amounts falling due within one year**