THE ANIMAL RESCUE CHARITY
REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31ST MARCH 2024
Registered Charity Number: 1007182
THE ANIMAL RESCUE CHARITY DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
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 | |
| T Prior | |
| D Johnson | |
| 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 |
Pa8¢ 1 THE .4NIYAL RWIIE CIIARITY 11II',SIEES' REPORT Tht repm •nd tht fitt¢1 stswn¢r41 for the ye•r ¢Dded 31st Mah 2024. This Ittp bu beeD in K¢rydmc¢ with tht Chtritsu SORP {FRS 1021 '¢ bbt ¢hkn8e5 rel1& loow Board of Trusteei TrAy Pnrx •nd Jc+ffi)n hawJc4ned of TTU¢d tknLA ¢xperkeNc¢d HR IP•#¢•.V¢ And TY FfiQT has vdunt¢¢r¢d &)ing hom¢ ch$ 20 >wi. The Aftim trIty. T¢Piter the Chthtim C¢wisl¢a in 1991. ¢h#ityts¢. 1007182. evdved out ofthe d w wewni 5uff¢nni to lMIll. The pr¢10 MimSbY wNdiA8 i Mf¢ for homelui bdOned lmill in Tht y••r mdln8 Much 2024 h¥ b¢¢n of a¢hi¢v¢m¢nii mny ¢blIng¢1. pmod. w• h• f•¢ed with iiiu4tioni kn'ih¢no exp¢ri¢ts¢ed, warily 10 th¢ ¢wr•ni •wikYni¢ within thi UK lad pwplu. inAbdity to ¢op• or Y fw thi upkeep tsf th•ir iNuNh. W¢ hw il$0 bom me llJ¢reaiJn8ly iw•rg of th¢ dwi to vulnerknle •nimdJ •Dd MPul(l UM rfth• inwrnrt fw th¢ Ml• of olM thov a¢4uird by Tht c%vty.•14ni towlrdi PTM•Mtiffj ofwildSlf• Wmi l#u•• hu O¢rthU The t1nwI thhwi'oAf¢x th• y••r 2033.24 foll IDcan¢: £33J JIO Exw&tur¢ 1236,734 fc th• >T¥. £88,576 Aww•ll ofth¢ Chvity knd kn fvilu• w th• ¢aTrnunlty ¢IlAU•l t0dI In •nLMThOl1llIn¢iaI to th• Ckn'ry. th prnlx It• l¢b v• th• b¥&4KYt• of•ll we try Khi•v• W• alx+ wi•h to ¥knowl•dy th of10¢41 YPN1•IcO8 Ind buan¢B• Io th¢x• ¥th in4oT¢ f()d blni, Fuwlty, i •¢l y. lo our lryil k••p th dAy4fy&y whmli tumlnl thd to wh4XTh w• •re truty Sipbid ty, reiiitw•d wilh th¢ Chthd•i C(rniuI. No. 1007182
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 2024, 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 131-133 Roman Road Mountnessing Brentwood Essex CM15 0UD
Date: 17th September 2024
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 2024
| 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 |
Unrestricted Restricted Total £ £ £ 309,464 - 309,464 13,545 - 13,545 2,301 - 2,301 325,310 - 325,310 193,695 - 193,695 13,824 - 13,824 29,215 - 29,215 236,734 - 236,734 88,576 - 88,576 88,576 - 88,576 2,251,887 - 2,251,887 2,340,463 £ - £ 2,340,463 £ 2024 |
2023 Total £ 221,347 4,183 2,165 |
|---|---|---|
| 227,695 | ||
| 135,368 18,517 22,592 |
||
| 176,477 | ||
| 51,218 | ||
| 51,218 2,200,669 |
||
| 2,251,887 £ |
-
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
8e4 BALANCE SHEET AS AT 31ST MARCH 2024 2024 Flied AM¢th T•Dw'ble A••¢li 1.5.18.656 ,J28.851 l.JJl.656 l J21.833 Cwh wi bank nnd in hd 112J29 731,?J9 112J29 731,7J9 CrwllknN.' •mouft¢• fAllI du• 4th1n ¢ye 10,421 1.72J N•t C•rr•f knxl• 101.81)7 723,034 T•tsl AM•ts UAbUld 1 2.140.463 l 2.251.1 FlnA#ced byi Ilthr••irki•d m•rvM'. Rethined iwpl 2 J40.46J lJJl.017 £ 2.340,46J £ 2.251.887 Th¢ BLwd ofTTu••i v• th•¢ trA ¥xP)Il0n li r¢quirnd hi Ithlii of virn of its l•wl of lumov¢r ry by vtrhw ofw rnquir¢m•th der its 1111 ff hMlI• The BcKd ofTru#eu a¢knmvl•Jy th•ir reSFwb1llty r(Y ¢mnI th¢ key IOUntIng T•rtYd• in With th¢ rtyuirnthmts (lthe ¥11• 2011. Apwv•d for attw• by h M•napmffll Cclnmltt Trustee /7/ f/zo LL The ttL¢s py 5 to 7 Orth #•torn
Page 5
THE ANIMAL RESCUE CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
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 2024
2. STAFF COSTS AND EMOLUMENTS
| STAFF COSTS AND EMOLUMENTS | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Gross salaries and wages | 122,851 | 107,417 |
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. Commissions 5. Animal carers Staff training 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 |
2024 £ 13,545 2024 £ 2,301 2024 £ 122,851 225 44,652 5,462 4,169 15,094 1,242 193,695 2024 £ 13,824 |
2023 £ 4,183 |
|---|---|---|
| 2023 £ 2,165 |
||
| 2023 £ 107,417 - 21,240 1,974 4,279 11,827 (11,369) |
||
| 135,368 | ||
| 2023 £ 18,517 |
Page 7
THE ANIMAL RESCUE CHARITY NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
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 |
2024 £ 903 1,897 3,138 787 216 750 5,523 2,098 1,026 7,654 3,913 1,310 29,215 |
2023 £ 522 194 3,020 1,666 348 932 5,312 79 1,010 6,775 1,875 859 |
|---|---|---|
| 22,592 |
8. FIXED ASSETS
| Cost At 1st April 2023 Additions Disposals At 31st March 2024 Depreciation At 1st April 2023 Charge for year On disposals At 31st March 2024 Net Book Value At 31st March 2024 At 31st March 2023 9. CREDITORS: amounts falling due within one year Trade creditors Other creditors |
Plant, Machinery & Vehicles £ 113,797 27,639 (6,500) 134,936 78,338 15,094 (3,758) 89,674 45,262 35,459 |
Land and Buildings £ 1,493,394 - - 1,493,394 - - - - 1,493,394 1,493,394 2024 £ 9,818 604 10,422 |
Total £ 1,607,191 27,639 (6,500) |
|---|---|---|---|
| 1,628,330 | |||
| 78,338 15,094 (3,758) |
|||
| 89,674 | |||
| 1,538,656 | |||
| 1,528,853 | |||
| 2023 £ 8,133 592 |
|||
| 8,725 |