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2023-03-31-accounts

2023 2022
Unrestricted Total
funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies
309,503 115,352
Investment
income
12,546 10,971
Total 322,049 126,323
EXPENDITURE ON
Raising funds 17,995 18,839
Charitable
activities
UK operations 86,682 66,921
Philippine
operations
107,832 58,141
UK operations - support 3,080 2,515
Total 215,589 146,416
Net gains/(losses)
on investments
(7,823) 18,869
NET INCOME/(EXPENDITURE) 98,637 (1,224)
RECONCILIATION OF FUNDS
Total funds brought forward 1,237,512 1,240,958
TOTAL FUNDS' CARRIED FORWARD 1,336,149 1,239,734
BALANCE SHEET
31MARCH 2023
2023 2022
Unrestricted Total
funds funds
Notes
FIXEDASSETS
Tangible assets 13 352,801 165,497
Investments 14 637,537 625,653
990,338 791,150
CURRENT ASSETS
Debtors 15 109,842 154,585
Cash at bank and in hand 237,723 295,571
347,565 450,156
CREDITORS
Amounts
falling due within one year
16 (1,754) (1,572)
NET CURRENT ASSETS 345,811 448,584
TOTAL ASSETSLESSCURRENT
LIABILITIES 1,336,149 1,239,734
NET ASSETS 1,336,149 1,239,734
FUNDS 17
Unrestricted
funds
1,336,149 1,239,734
TOTAL FUNDS 1,336,149 1,239,734

unrealised
investment
gains and losses are combined
in the Stateme
unrealised
investment
gains and losses are combined
in the Stateme
unrealised
investment
gains and losses are combined
in the Stateme
unrealised
investment
gains and losses are combined
in the Stateme
nt ofFinancial Activities.
DONATIONS
AND LEGACIES
2023 2022
Donations and legacies 309,503 115,352
INVESTMENT INCOME
2023 2022
Investment income 9,808 8,691
Deposit account interest 627 169
Interest on British Wildlife Centre Limited loan 2,111 2,111
12,546 10,971
RAISING FUNDS
Raising donations
and
legacies
2023 2022
Newsletter production, mailing and advertising 12,186 12,862
Investment management
costs
2023 2022
Investment advice 5,809 5,977
Aggregate amounts 17,995 18,839

Grant
funding of
Direct activities Support
Costs (see (see note costs (see
note 6) 7) note &) Totals
UK operations 85,682 1,000 86,682
Philippine
operations
107,832 107,832
UK operations
- support
3,080 3,080
193,514 1,000 3,080 197,594
6. DIRECT COSTS OF CHARITABLE ACTIVITIES
2023 2022
Rent and rates 7,415 7,000
Legal and professional 1,296 75
Printing,
stationery,
telephone and postage 4,305 845
Office expenses 5,727 4,740
Bank and credit card charges 24 218
Insurance 738 688
Sundries 183 113
Operational
expenses
105,512 72,927
Rehoming
and welfare
19,808 8,867
Treatment 39,847 24,476
Depreciation ofimprovements 4,983 113
Depreciation offixtures and fittings 3,676
193,514 120,062
7. GRANTS PAYABLK
2023 2022
UK operations 1,000 5,000
The total grants paid to institutions during the year was as follows:
2023 2022
Wildlife Alliance 5,000
Dogs Trust Worldwide -Ukraine Dogs Fund 1,000
1,000 5,000

8. SUPPORT C OSTS
Governance
costs
K
UK operations - support 3,080
Support costs, included in the above, are as follows:
2023 2022
UK
operations Total
- support activities
Bookkeeping 1,400 1,075
Independent Examiners fee 1,680 1,440
3,080 2,515
9. NKT INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2023 2022
Depreciation - owned assets 8,659 113
10. TRUSTEES' REMUNERATION AND BENEFITS

2023 2022
Wages and salaries 53,974 44,544
Employers national insurance 4,974 4,103
Employers pension costs 1,199 895
Staffcosts in the Philippines amounted to f34,397(2022:f16,186).

12. COMPARATIVES F OR THE STATEMENT OF FINANCIAL AC TIVITIES
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies
115,352
Investment
income
10,971
Total 126,323
EXPKNDITIJRE ON
Raising funds 18,839
Charitable
activities
UK operations 66,921
Philippine
operations
58,141
UK operations - support 2,515
Total 146,416
Net gains on investments 18,869
NKT INCOME/(EXPENDITURE) (1,,224)
RECONCILIATION OF FUNDS
Total funds brought forward 1,240,958
TOTAL FUNDS CARRIED FORWARD 1,239,734
13. TANGIBLE FIXED ASSETS
TANGIBLE FIXEDASSETS
Improvements Fixtures
Freehold to and
property property fittings Totals
E
COST
At 1April 2022 97,737 67,873 13,388 178,998
Additions 181,260 14,703 195,963
At 31March 2023 97,737 249,133 28,091 374,961
DEPRECIATION
At 1 April 2022 113 13,388 13,501
Charge for year 4,983 3,676 8,659
At 31March 2023 5,096 17,064 22,160
NET BOOKVALUE
At 31March 2023 97,737 244,037 11,027 352,801
At 31March 2022 97,737 67,760 165,497

Listed
investments
MARKET VALUE
At 1 April 2022 625,653
Additions 64,273
Disposals (46,884)
Revaluations (5,505)
At 31March 2023 637,537
NET BOOKVALUE
At 31March 2023 637,537
At 31March 2022 625,653
An analysis ofthe investments is as follows:
2023 2022
UK 258,840 232,907
Overseas 378,697 392,746
Cost or valuation at 31March 2023 is represented by:
Listed
investments
Valuation
in 2023
637,537
DEBTORS:AMOUNTS FALLING DUE %ITHIN ONE YEAR
2023 2022
Legacies receivable 72,572 75,263
International
Wildlife
Coalition 9,982 10,122
Other debtors and
prep ayments 3,889 2,473
BWC Wildlife Limited 2,778 19,444
Amounts
held by brokers
8,954 34,579
Tax recoverable 11,667 12,704
109,842 154,585
16. CREDITOR S: AMOUNTS FA LL ING DUE WITHIN ONE YEAR
2023 2022
Creditors
and
accruals 1,754 1,572
17. MOVEMENT IN FUNDS
Net
movement At
At 1.4.22 in funds 31.3.23
Unrestricted funds
General fund 1,137,512 98,637 1,236,149
Designated
Fund - IWCT Philippine
Dog
Project 100,000 100,000
1,237,512 98,637 1,336,149
TOTAL FUNDS 1,237,512 98,637 1,336,149
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 322,049 (215,589) (7,823) 98,637
TOTAL FUNDS 322,049 (215,589) (7,823) 98,637
Comparatives for movement in funds
Net
movement At
At 1.4.21 in funds 31.3.22
Unrestricted funds
General fund 1,140,958 (1,224) 1,139,734
Designated
Fund - IWCT Philippine
Dog
Project 100,000 100,000
1,240,958 (1,224) 1,239,734
TOTAL FUNDS 1,240,958 (1,224) 1,239,734

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General fund 126,323 (146,416) 18,869 (1,224)
TOTAL FUNDS 126,323 (146,416) 18,869 (1,224)
CAPITAL COMMITMENTS
2023 2022
Contracted but not provided for in the financial statements 133,597