| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | I | to | 6 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial Activities | ||||
| Balance Sheet | ||||
| Notes to the Financial Statements | I0 | to | 17 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| funds | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
152,136 | 306,920 | |||
| Investment income |
11,084 | 3,375 | |||
| Total | 163,220 | 310,295 | |||
| EXPENDITURE | ON | ||||
| Raising funds | 18,098 | 20,134 | |||
| Charitable activities |
|||||
| UK operations | 60,926 | 58,996 | |||
| Philippine operations |
43,713 | 80,273 | |||
| UK operations - support | 2,235 | 3,380 | |||
| Total | 124,972 | 162,783 | |||
| Net gains/(losses) | on investments | 88,981 | (52,701) | ||
| NET INCOME | 127,229 | 94,811 | |||
| RECONCILIATION | OFFUNDS | ||||
| Total funds brought | forward | 1,113,729 | 1,018,918 | ||
| TOTAI FUNDS | CARRIED FORWARD | 1,240,958 | 1,113,729 |
| 2021 | 2020 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Investments | 12 | 617,200 | 517,453 |
| CURRENT ASSETS | |||
| Debtors | 13 | 178,765 | 193,802 |
| Cash at bank and in hand | 446,996 | 404,257 | |
| 625,761 | 598,059 | ||
| CREDITORS | |||
| Amounts falling due within one year |
14 | (2,003) | (1,783) |
| NET CURRENT ASSETS | 623,758 | 596,276 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 1,240,958 | 1,113,729 | |
| NET ASSETS | 1,240,958 | 1,113,729 | |
| FUNDS | 15 | ||
| Unrestricted funds |
1,240,958 | 1,113,729 | |
| TOTAL FUNDS | 1,240,958 | 1,113,729 |
| unrealised inve |
unrealised inve |
stment gains and losses are combined in the |
Statement ofFinancial Activities. | |
|---|---|---|---|---|
| DONATIONS | AND LEGACIES | |||
| 2021 | 2020 | |||
| f, | ||||
| Donations | and | legacies | 152,136 | 306,920 |
| FOR | THE YEAR ENDED 31MARC | THE YEAR ENDED 31MARC | THE YEAR ENDED 31MARC | H 2021 | |||
|---|---|---|---|---|---|---|---|
| 3. | INVESTMENT INCOME | ||||||
| 2021 | 2020 | ||||||
| Investment | income | 9,413 | 1,440 | ||||
| Deposit account interest | 88 | 1,759 | |||||
| Interest on | British Wildlife Centre Limited loan | 1,583 | 176 | ||||
| 11,084 | 3,375 | ||||||
| 4. | RAISING | FUNDS | |||||
| Raising donations and |
legacies | ||||||
| 2021 | 2020 | ||||||
| Newsletter | production, | mailing | and advertising | 12,653 | 16,896 | ||
| Investment | managemeat costs |
||||||
| 2021 | 2020I | ||||||
| Investment | advice | 5,445 | 3,238 | ||||
| Aggregate | amounts | 18,098 | 20,134 | ||||
| 5. | CHARITABLE ACTIVITIES | COSTS | |||||
| Direct | Support | ||||||
| Costs (see | costs (see | ||||||
| note 6) | note 7) | Totals | |||||
| UK operations | 60,926 | 60,926 | |||||
| Philippine | operations | 43,713 | 43,713 | ||||
| UK operations - support | 2,235 | 2,235 | |||||
| 104,639 | 2,235 | 106,874 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Rent and | rates | 7,829 | 7,408 | ||||
| Legal and | professional | 40 | 1,080 | ||||
| Printing, | stationery, | telephone | and postage | 1,976 | 1,438 | ||
| Office expenses | 6,758 | 6,699 | |||||
| Bank and | credit card charges | 515 | 737 | ||||
| Insurance | 861 | 722 | |||||
| Sundries | 197 | 19 | |||||
| Operational | expenses | 57,331 | 70,650 | ||||
| Rehoming | and welfare | 11,452 | 13,235 | ||||
| Treatment | 17,680 | 37,281 | |||||
| 104,639 | 139,269 | ||||||
| SUPPORT | COSTS | ||||||
| Governance | |||||||
| costs | |||||||
| I | |||||||
| UK operations - support |
2,235 | ||||||
| Support costs, included | in the | above, are as follows: | |||||
| 2021 | 2020 | ||||||
| UK | |||||||
| operations | Total | ||||||
| -support | activities | ||||||
| f. | |||||||
| Bookkeeping | 975 | 1,550 | |||||
| Independent | Examiners | fee | 1,260 | 1,830 | |||
| 2,235 | 3,380 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Wages and | salaries | 38,260 | 17,468 | |||
| Employers | national | insurance | 3,291 | 1,449 | ||
| Employers | pension | costs | 792 | 199 | ||
| Staffcosts | in the Philippines | amounted | to 89,708(2020:f20,230). |
| COMPARATIVES | FOR THE STATEMENT OFFINANCIAL AC | TIVITIES |
|---|---|---|
| Unrestricted | ||
| funds | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies |
306,920 | |
| Investment income |
3,375 | |
| Total | 310,295 | |
| EXPENDITURE ON | ||
| Raising funds | 20,134 | |
| Charitable activities |
||
| UK operations | 58,996 | |
| Philippine operations |
80,273 | |
| UK operations - support | 3,380 | |
| Total | 162,783 | |
| Net gains/(losses) on |
investments | (52,701) |
| NET INCOME | 94,811 | |
| RECONCILIATION | OF FUNDS | |
| Total funds brought | forward | 1,018,918 |
| TOTAL FUNDS CARRIED FORWARD | 1,113,729 |
| 11. | TANGIBLE FIXEDASSET | S | |||
|---|---|---|---|---|---|
| Fixtures | |||||
| and | |||||
| fittings | |||||
| COST | |||||
| At 1 April 2020 and 31March | 2021 | 13,388 | |||
| DEPRECIATION | |||||
| At 1 April 2020 and 31March |
2021 | 13,388 | |||
| NET BOOK VALUE | |||||
| At 31March 2021 | |||||
| At 31March 2020 | |||||
| 12. | FIXEDASSET INVESTMENTS | ||||
| Listed | |||||
| investments | |||||
| MARKET VALUE | |||||
| At 1 April 2020 | 517,453 | ||||
| Additions | 102,209 | ||||
| Disposals | (82,027) | ||||
| Revaluations | 79,565 | ||||
| At 31March 2021 | 617,200 | ||||
| NET BOOK VALUE | |||||
| At 31 March 2021 | 617,200 | ||||
| At 31March 2020 | 517,453 | ||||
| An analysis ofthe investments | is as follows; | ||||
| 2021 | 2020 | ||||
| f. | |||||
| UK | 239,658 | 254,665 | |||
| Overseas | 377,542 | 262,788 | |||
| Cost or valuation at 31March |
2021 is represented | by: | |||
| Listed | |||||
| investments | |||||
| Valuation in 2021 |
617,200 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Legacies receivable | 98,401 | 89,556 | ||
| International Wildlife |
||||
| Coalition | 10,822 | 11,324 | ||
| Other debtors | and | |||
| prepayments | 1,982 | 1,750 | ||
| BWC Wildlife | Limited | 36,111 | 48,611 | |
| Amounts held by brokers Tax recoverable |
21,449 10,000 |
28,248 14,313 |
||
| 178,765 | 193,802 | |||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | |||
| f | ||||
| Creditors and | accruals | 2,003 | 1,783 | |
| MOVEMENT IN FUNDS | ||||
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| Unrestricted | funds | |||
| General fund | 1,013,729 | 127,229 | 1,140,958 | |
| Designated Fund - IWCT Philippine |
Dog | |||
| Project | 100,000 | 100,000 | ||
| 1,113,729 | 127,229 | 1,240,958 | ||
| TOTALFUNDS | 1,113,729 | 127,229 | 1,240,958 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 163,220 | (124,972) | 88,981 | 127,229 | |
| TOTAL FUNDS | 163,220 | (124,972) | 88,981 | 127,229 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.4.19 | in funds | 31.3.20 | |||
| Unrestricted | funds | ||||
| General fund | 918,918 | 94,811 | 1,013,729 | ||
| Designated | Fund - IWCT Philippine | Dog | |||
| project | 100,000 | 100,000 | |||
| 1,018,918 | 94,811 | 1,113,729 | |||
| TOTALFUNDS | 1,018,918 | 94,811 | 1,113,729 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 310,295 | (162,783) | (52,701) | 94,811 | |
| TOTAL FUNDS | 310,295 | (162,783) | (52,701) | 94,811 |