REGISTERED CHARITY NUMBER: 1028641 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR CATS PAWS SANCTUARY Rushtons Chartered Accountants Avroe House Avroe Crescent Blackpool Buslness Park Blackpool Lan¢ashire FY4 2DP
CATS PAWS SANCTUARY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of thé Trustees Independent Examlnerfs Report Statement of Financial A¢tlvitles Balance Sheet Notes to the Financial Statements 6 to 11 Detsiled Statement of Flnanclal Artlvltles 12 to 13
CATS PAWS SANCTUARY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees present thelr report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted Ihe provisions of Accounting and Reporting by Charilies: Statement of Recommended Practice applicable to charitles preparfng Iheir accounts in accordance with the Financlal R8POrting Stsndard appllcable in the UK and Republlc of Ireland (FRS 102) (effectlve 1 January 2019). OBJECTIVES AND ACTIVITIES Objectlvgs and aims The Charitys objecls are to rescue abandoned, Injured and homeless cats and kittens (chiefly in the Fylde Coast area), providing veterlnary care, food and accomm¢xlation as necessary. but with the ultimate aim of -hOmIng healthy animals wherever possible. Public benefit The Charlty serves the local community by provlding care and accommodation to cats, as stated In the objects and objectives. ACHIEVEMENT AND PERFORMANCE Charftabl? activitles The past year has been a difficult one once again. The cost of living has hit us hard and the necessilies of cat food. vets bills and gas and eleclric the prices of which all went through the roof, has drained our bank account somewhat. On the upside, we did very well with our Cat Hotel which was fully booked for many weeks during 2023 and we have lots of booking for this year also. That along with a few bequests have helped the situation and whilst our annual subscriptions are way down thi5 year, donalions have gone up substsntially. Solar panels are due to be installed within the next two weeks and will therefore help wilh our utility bills. FINANCIAL REVIEW Reserves pollcy The net incoming resources for th8 year resulted In an excess of expenditure over income of £37,370 (2023: £67,655) which, after deducting from reserves brought forward, gives total reSoUrS of £690,965. The executive committee are mindful of the need to retain adequate reserves to meet any temporary shortfall belween income and expenditure, which would otherwise affect the support services undertaken by the charity. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The organlsatlon is a charitable association founded on 25 Oclober 1993 and registered as charity number 1028841. The association is constituted under temis which established the objects and powers of the company and is govemed under constilulion. Under that constitution three officers and up to twefve members of the company are elected annually to the Executive Commlttee. In additlon. three further persons may be co-opted by the Executive Committee until the next Annual General Meeting. Members of the Executive Commlttee are Trustees of the Charity. Page 1
CATS PAWS SANCTUARY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charfty number 1028641 Prfnclpal address Pensilva School Road Marton Blackpool Trustses Mrs C Barnes Mrs G Smith Mrs T M Caddoo Mrs P Stafford Mrs H Stephens Mrs V S Woodward Independont Examlner Rushtons Chartered Accountants Avroe House Awoe Crescent Blackpool Business Park Blackpool Lancashire FY4 2DP Approved by order of the board of trustees on behalf by: and signed on its MrsH tephens - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CATS PAWS SANCTUARY Independent examlnerfs report to the trustees of Cats Paws Sanctuary I report to the charity trustees on my examination of the accounts of Cats Paws Sanctuary (the Trust) for the year ended 31 March 2024. Responslbllltlas and basis of report As the charity trustees of the Trust you are responsible for Ihe preparation of the accounts in accordance with the reqU1MentS of the Charities Act 2011 ('the Acf). I report in respect of my examination of the Trust's accounts carried oul under Section 145 of the Act and in carrying Out rny examlnatlon I have followed all applicable Dlrectlons glven by the Charlty Commission under Section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confinn that no material matters have come to my attentlon in connection with the examination giving me cause to believe that in any material respect: accounting records were nol kept in respect of the Trust as required by Section 130 of the Act: or the account5 do not accord with those cords. or the accounts do not comply wilh Ihe applicable requirnents concerning Ihe fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and hav8 come across no other matters in connectlon with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. C N Calvert Rushtons Chartered Accountants Avr08 House Avroe Crescent Blackpool Business Park Blackpool Lancashire FY4 2DP Date: .. agl.,li Page 3
CATS PAWS SANCTUARY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestricted Restrfcted fund fund Nole5 INCOME AND ENDOWMENTS FROM Donations and legacies 127,054 16,375 143,429 97,834 Other tradlng activities Investment income 38,548 13,370 38,548 13.370 38,698 16,751 Total 178,972 16,375 195,347 153,283 EXPENDITURE ON Raising funds 9,911 9,911 15,902 Charitablo actlvttles Raising donations and legacies 222,806 222,806 205,036 Total 232,717 232,717 220,938 NET INCOMEI{EXPENDITURE) (53,745) 16,375 (37,370) (67,655) RECONCILIATION OF FUNDS Total funds brought forward 728.335 728,335 795.990 TOTAL FUNDS CARRIED FORWARD 674.590 16,375 690.965 728,335 The notes form part of these flnancial statements Page 4
CATS PAWS SANCTUARY BALANCE SHEET 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestrlcted Restricted fund fund Notes FIXED ASSETS Tangible assets 545.500 545,500 561.618 CURRENT ASSETS Debtors Cash at bank and in hand 5,161 137.965 5,161 154,340 2.400 172.191 16,375 143,126 16,375 159,501 174,591 CREDITORS Amounts falling due within one year (14.036) (14.036) {7.872) NET CURRENT ASSETS 129.090 16,375 145.465 166.719 TOTAL ASSETS LESS CURRENT LIABILITIES 674,590 16,375 690.965 728.335 NET ASSETS 674,590 16,375 690,965 728,335 FUNDS Unrestricted funds Restricted funds 674,590 16,375 728,335 TOTAL FUNDS 690,965 728.335 The financlal statements were approved by the Board of Trustees and authorised for issue on 23. ,..Q.l...&4............... and were slgned on its behalf by: Hste ens - Trustee The notes fomi part of these financial statements Page 5
CATS PAWS SANCTUARY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POUCIES Basis of preparlng the finandal ststements The finandal statements of the charity. which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounling and Reporting by Charities: Statement of Recommended Practice applicable to tharitles preparing Ihelr accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporling Stsndard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of IrelarKI' and the Charilies Act 2011. The finandal ststements have been prepad under the historical cosl convention. The accounts are presented in Sterling (£) and all figures are rounded to Ihe nearest pound. Income All Income Is recognised In the Ststement of Financial Aclivities once the charity has entitlement to the funds. it is probable thal the Income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as the is a legal or conslwclive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expendlture Is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consislenl with the use of resources. Tangiblo fixed assets Depreciation is provided at the following annual rales in order to write off each asset over its estimated useful Ilfe. Freehold property Improvements to property Plant and machinery Fixtures and fittings Motor vehicles Computer equipment 20/0 on cost 20/0 on cost 250h on cost 250A on cost 25% on cost 25% on cost Taxatlon The charity is exempl from tax on its charitable actmties. Fund accountlng Unrestricted funds can be used in accordance wilh the charltable objectlves at the discretion of the trustees. Restrfcted funds can only be used for particular restrfcted purposes wlthin the objects of the Charity. Restrictions arise when specified by Ihe donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial stslements. Page 6 ontinued...
CATS PAWS SANCTUARY NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - ¢ontlnuad Penslon costs and other post.retlrnment benefits The charity operates a deflned contr¢buts"on pension scheme. Contributions payable to the charity's pension scheme are charged to the Ststement of Financlal Activities in the period to which they relate. OTHER TRADING ACTIVITIES 2024 2023 Fundraising events Shop income 12.884 25,664 8,850 29.848 38,548 38,698 INVESTMENT INCOME 2024 2023 Rents received Deposit Account Interest 12,763 607 16,497 254 13,370 16,751 TRUSTEES. REMUNERATION AND BENEFITS During the year, one trustee received remuneration of £31.662 (2023.. £29,400) for employment services provided to the charity. No trust8es were relmbursed expenses during Ihe year (2023: £nil). Trustses. expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for Ihe year ended 31 March 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrfcted Restricted fund fund Total fvnds INCOME AND ENDOWMENTS FROM Donations and legacies 97.834 97,834 Other trading activities Investment Income 38,698 16.751 38,698 16,751 Total 153.283 153,283 EXPENDITURE ON Raising funds 15,902 15,902 Page 7 continued...
CATS PAWS SANCTUARY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES . continued Unrestricted Restricted fund fund Total funds Charitable actlvitlos Raising donatlons and legacies 205,036 205.036 Tolal 220,938 220.938 NET INCOMEI{EXPENDrruRE) (67,655) (67.655) RECONCIUATION OF FUNDS Total funds brought forward 795,990 79s,9g0 TOTAL FUNDS CARRIED FORWARD 728,335 728,335 TANGIBLE FIXED ASSETS Improvements to propety Freehold property Plant and achinery COST At 1 April 2023 and 31 March 2024 449,934 350,167 373 DEPRECIATION At 1 April 2023 Charge for year 164,360 8,998 74,240 7,003 373 Al 31 Marth 2024 173.358 81.243 373 NEf BOOK VALUE Al 31 March 2024 276,576 268,924 At 31 March 2023 285.574 275,927 Page 8 continued...
CATS PAWS SANCTUARY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 TANGIBLE FIXED ASSETS . conlinued Fixtures and rrtlings Motor vehicles Computer equipment Totals COST At 1 April 2023 and 31 March 2024 15.844 20,620 2,543 839,481 DEPRECIATION At 1 April 2023 Charge for year 15,844 20,620 2,428 115 277,865 16,116 At 31 March 2D24 15.844 20,620 2,543 293,981 NET BOOK VALUE At 31 March 2024 545,500 At 31 Marth 2023 115 561,616 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 VAT Prepaymenls and accrued Income 1,940 3,221 2.400 5,161 2,400 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Taxation and social security Other creditors 3,907 10,129 5,245 2.627 14,036 7,872 MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Unrestrlcted funds General fund 728,335 (53,745) 674.590 Restrlctod funds Vera Wolstencroft Trust 16,375 18.375 TOTAL FUNDS 728,335 (37,370> 690.965 Page 9 continued,..
CATS PAWS SANCTUARY NOTES TO THE FINANCIAL STATEMENTS - contlnuod FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS. continued Net movement In funds, included in the above are as follows: Incoming Resources Movement resources expended in funds Unrestrfcted funds General fund 178,972 {232,717) {53,745) Restricted funds Vera Wolstencroft Trust 16,375 16.375 TOTAL FUNDS 195,347 {232,717) (37,370) Comparatlvos for movernent in funds Net movement in funds At 31.3.23 At 1.4.22 Unreslricted funds General fund 795,990 (67,655) 728,335 TOTAL FUNDS 795,990 (67,655) 728,335 Comparative net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in funds Unrestrfcted funds General fund 153,283 (220,938) (67,655) TOTAL FUNDS 153,283 (220,938) <67,655) Page 10 continued...
CATS PAWS SANCTUARY NOTES TO THE FINANCIAL STATEMENTS - conllnued FOR THE YEAR ENDED 31 MARCH 2024 10. RELATED PARTY DISCLOSURES There were no related party transactions for the y8ar ended 31 March 2024. Page11
CATS PAWS SANCTUARY DETAILED STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacles Donations Gift aid Legacies Government Grants 92,278 3,221 42.930 5,000 67,917 3,440 21,477 5,000 143,429 97,834 Other tradlng actlvitles Fundraising events Shop Income 12,884 25,664 8.850 29,848 38,548 38,698 Investment income Rents received Deposit Account Interest 12,763 607 16,497 254 13,370 16,751 Total Incomlng resources 195.347 153,283 EXPENDITURE Ralslng donations and legacies Advertising Fund Raising Expenses 422 1,094 518 2,344 1,516 2,862 Charitable activiti85 Wages Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Repairs & Renewals Sundries Motor Expenses Carried forward 127,724 2,446 3,929 6,192 22,303 2,078 2,201 12,960 764 1.912 182,509 123,014 2,230 2,803 5.597 13,464 1.829 2.745 5.694 869 710 158,955 This page does not fomi parl of the ststutory financial statements Page 12
CATS PAWS SANCTUARY DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Charltable actlvltles Brought forward Freehold property Improvements to property Computer equlpment Food,Litter & Vels Fees 182,509 8,ggg 7,003 115 24,180 158,955 8,999 6.953 223 29,906 222,806 205,036 Support costs Management Bank Charges 3,099 2,967 Governance costs Professional Fees Accountancy and legal fees 1,950 3,346 6,492 3,581 5,296 10,073 Tolal resources expended 232,717 220,938 Net expenditure (37,370) (67,655) This page does not fomi part of the statutory financial statements Page 13