REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 LEEK HOME FOR STRAYS
LEEK HOME FOR STRAYS INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 Page Trustees, Annual Report 1-6 Receipts and Payment Account Statements of Assets and Liabilities Notes to the Financial Statements 9-11 Independent Examiner's Report 12
LEEK HOME FOR STRAYS TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 30 APRIL 2024 CHARITY NAME Leek Home for Strays CONSTITUTION OF CHARITY Unincorporat&l Association NATURE OF GOVERNING DOCUMENT Trust Deed dated 1st March 1995 CHARifY REGISTRATION NO 1045089 REGISTERED OFFICE Leek Home for Strays PO Box 4858 Uttoxeter ST14 9DL BANKERS Nat West Bank PIC Derby Street Leek Staffordshire ACCOUNTANTS Thompson Wright Limited Chartered Accountants Ebenezer House Ryecroft Newcastle Staffs ST5 2BE CHARITYTRUSTEES Date of Appointment Andrea Bagnall Robert Duncalf Julia Tumer 26th January 1996 16th December 2013 6th July 2021 The method of appointing Trustees is by a Resolution of a Meeting of the Trustees. Page 1
LEEK HOME FOR STRAYS TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 APRIL 2024 The objective of the Charity by referen to its Governing Documents is as follows:_ The Trustees shall hold the capital and income of the Trust Fund upon trust to apply the income and all or such part or parts of the capital at such times in such manner as the Trustees may in their absolute discretion think fit for or towards the relief of suffering of animals of any species that are in need of care and attention and in particular to provide or maintain kennels, catteries, refuges, rescue homes, animal hospitals, sanctuaries or such other facilities for the reception and care of unwanted animals or animals in distress and the treatment of sick or ill-treated animals. These objectives are being furthered by obtaining donations from the public in cash and clothing and goods. The goods and clothing are sold through the Charity's own fvrfo shops to generate further funding. which is considered to be an effective way of generating funds within the local community. Funds are also kept within a savings account to gain interest. The charity has a small portfolio of properties which are rented out to bring in revenue and act as an investment. Or anlsational Structur8 N Pierzchalla has continued in the role of manager l administration officer I property manager. She is the named contact for the Charity Commission and is authorised to act on behalf of the Trustees. P Faulkner (who is a qualified veterinary nurse) has continued to take on training to widen her knowledge of how the charity works so reducing the risk to the continuity of the work of the charity should N Pierzchalla become ill or need to resign. All persons paid by the Charity for work carried out are selfemployed and invoice the Charity as agreed by the Trustees. There contin ues to be three Trustees who attend meetings regularly. The process of publishing monthly bank account statements (wrth annotations) has continued from 2022 - 2023. The detail of the breakdown of financial records have developed and so increased rther thèir understanding of expenditure. The Trustees are Esponsible for keeping proper accounting records which disclose with reasonabSe accuracy at any time the financial posth.on of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitbes. The Trustees have acted in regards to the guidance issued by the Charity Commission. The charity takes advice and guidance as published by the Charity Commissh)n. The Charity is a member of the Charity Retail Association in order to have access to additsonal information and support. Although the registered name remains Leek Home for Stray Cats and Dogs the working name is now Leek Home for Strays. Page 2
LEEK HOME FOR STRAYS TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 APRIL 2024 Summa of Main Activities During 2023-2024 the Charity has focused on the following activities:_ In partnership wth a local Vet the charity is providing a voucher system allowing members of the public to have a¢$$ to vaccination, chipping and neutering for canines and cats at a reduced cost. In cases of hardship the charity has been providing financial support for veterinary care. This is done on a case by case basis. Neutering of all cats which come into the care of the charity. Providing free neutering of feral cats in order to try to reduce the number of these animals within our local community. Liaising with other agencies such as social serVIS to provide help for animals in distress. Finding new forever homes for strays and unwanted pets. Annual Review The Trustees met six times. during the financial year. The majority of the meetings are now carried out as 'face to face meetings. At each of these a reFrf)rt for each month is presented by N Pierzchalla which includes the following subheadings.. Charity Shops and Staffing OveNiew of FInanS Propety Updates Animals currently in our care and hotTEd during that month Health and Safety other Updates Fundralsin For 2023- 2024 our main SoUrS of income came from: shop sales at our charity shops in Stanley Street. Leek which are run by volunteers only which ensures that running costs are kept low. rent from our portfolio of properties. cash donations from supporters. bequests. For the first time the charty has a QR code so that customers can pay for items purchased in the shop using Paypal as an altemative to cash. During this financial year the Charity reiVed a very significant sum from the estate of a local lady totalling £18,882.43. A second bequest to the sum of £3,543.65 was received via A.H.Brooks and Co. £10,000 was also received via Bowcock and Pursaill from the estste of local gentleman. Page 3
LEEK HOME FOR STRAYS TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 30 APRIL 2024 The Trustees remain very grateful for the hard work of the volunteers who work within the shop setting and to those who help wrth the nursing of sick animals. They also greatly appreciate the support given by the local community and beyond in tems of cash donations, items for the shops and bequests from loved ones. The clinic and charity offer veterinary support to individual cases where the owners are unable to pay the full cost and will take on unwanted felines for rehoming through the rehoming programme alongside helping 'true stray. cats. Investments To reduce the risk from poor payment by tenants any new tenants for the residential houses will be sort via Open Rent to increase the rigor of financial checks. For other properties the number of month's rent required will be increased to 3 months. The Trustees continue to invest in a bank deposit account They have a portfolio of properties including shops which they use as Charity shops to raise funds through the sale of donated goods. They also own other shops, three studio apartment flats and a terraced house which they rent out. One of the shops was empty for 4 months of the financial year but following a significant refurbishment including rewiring it is now fully rented out. The Trustees also completed on the purchase of a new bungalow to strengthen their portfolio of investment properties. This will be a high value rental propety. Ke Successes Throughout the financial year the Charity has continued to work alongside The Leek Veterinary Clinic to provide support for neutering, vawination and chipping via a voucher system. This system provides these sep4ices at a significantly redUd cost. The clinic and charity also offer veterinary support to individual cases where the owners are unable to pay the Èjll cost. During this financial year over 75 cases ranging from medical bills, neutering of farm cats and providing medication have been supported. The Charity has also taken on unwanted felines for rehoming through the rehoming programme alongside helping 'true stray, cats. Over the year they have found new homes for over 85 animals. The local rural communty is also supported by providing free or subsidised neutering for farm ané feral cats. These animals are then returned to their homes. Page 4
LEEK HOME FOR STRAYS TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 APRIL 2024 The administration has also= Reviewed and implemented new prOt(lS linked to the provision of vouchers and veterinary support. Implemented new chipping protocols refiecting the change in legislation from June 2024 regarding chipping of felines. Implemented revised systems I protttols which are working well by improving communication with the vets and monitoring of costs and numbers of cases being supported. The first piece of work on the external review by Heaward Solutions has been completed. Ensured that by the end of the year all properties within the portfolio are rented out. Lookin forward to 2024 - 2025 the Trustees intend to: Review risks to the Charity Finish the extern21 review of the Charity to help with future planning. Then in 2025 - 2026 to write and start to implement a short I medium and long term plan. Carry out significant building work on one of the shops due to ongoing issues with ventilation. Review of all rental proFErties (specifically the older lower value properties within Leek) and Charity shops to ensure that these are adding value to the work of the charity. Page 5
LEEK HOME FOR STRAYS TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 APRIL 2024 statement of Trustees. res onsibilities The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees have recently reviewed all the major nsk areas faced by the charity, and systems are in pla to reduce these. These accounts comply with current statutory requirements and with the requirements of the Charity's governing document. On Behalf of the Trustees fv Andrea Bagnall (Chair of Trustees}: Date . 21" November 2024 Page 6
LEEK HOME FOR STRAYS RECEIPT AND PAYMENTS FOR THE YEAR ENDED 30th APRIL 2024 30.04.24 30.04.23 Unrestricted Funds Receipts Donations Shop Takings Deposit Account Interest ReiVed Rental Income other Income- Commissionlcourts 47,140 37,227 4,757 34,114 261 61,398 26,465 2,562 26,280 265 Total Receipts 123.499 116,970 Payments Charitable expenditure Management & administration of the charity 99.287 2.640 85,814 2,700 Total Payments 101,927 88,514 Net Receipts l {Payments)for the Year 21,572 28,456 Cash fund brought forward at 1st May 2023 976,918 948,462 Cash fund carried forward at 30th April 2024 998,490 976,918 The notes on the following pages form part of these financial statsments. Page 7
LEEK HOME FOR STRAYS STATEMENT OF ASSETS AND LIABILITIES AS AT 30 APRIL 2024 Notes 30.04.24 30.04.23 Fixed Assets Tangible Fixed Assets 732,880 653,511 Monetary Assets Cash In Hand Paypal Account Bank Current Account Clublsocieties Resep4e Accounts 370 5.350 11,519 337,867 355.106 370 2,063 107,423 304,941 414,797 Liabilities Accountancy Fees & Accruals 4,772 4.772 6,666 6.666 Net Assets Total assets less liabilitles 350,334 1,083,214 408,131 1,061,642 Approved by the Board of Trustees on 21 st November 2024 and signed on its behalf by Andrea Bagnall - Chair of Trustee's /3ll4£ The notes on the following pages form part of these accounts. Page 8
LEEK HOME FOR STRAYS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30TH APRIL 2024 ACCOUNTING POLICIES Accountin Conventlon The accounts have been prepared on the historical cost nventIOn and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charilies (SORP 2005>,, issued in March 2005, applicable accounting standards and the Charities Act 2011. Income from Donatlons and Sho Takin DONATIONS 30.04.24 30.04.23 Various Donations 47,140 61,398 47.140 61,398 CHARITABLE EXPENDITURE 30.04.24 30.04.23 Rent and Rates Animal Upkeep Veterinary Fees Heat, Light & Water Sundries Telephone Repairs and Renewals Postage,Stationery & Advertising Motor Bank Charges Legal and professional Insurance Animal Welfare Administration Loss on disposals of assets Depreciation on assets 546 32,407 15,802 1,689 3.573 1,113 4,766 2,788 2,496 516 2,515 1,079 14,159 4,300 274 31,857 12,286 1,036 3,048 971 1.468 2,095 2,096 412 701 2,486 10,310 3,080 11,538 13,694 99,287 85,814 MANAGEMENT & ADMINISTRATION OF THE CHARITY 30.04.24 30.04.23 Accountancy 2,640 2,700 Page 9
LEEK HOME FOR STRAYS NOTES TO THE FINANCIAL STATEMENTS YEAR ENOED 30TH APRIL 2024 Liabilities 30.04.24 30.04.23 Monies owed to consultant Accountancy Accrued InvolS 2,640 2,132 4,772 2,520 4,14S 6,666 TANGIBLE FIXED ASSETS Computer Security Equlpment Equipment Fixtures & Fittings 15 Stanley Street 18 Westvlew Cost as at 01.05.23 1,324 6.632 17.660 115,000 120,000 Additions Depreciation 4.131 9.909 Cost as at 30.04.24 475 2,501 7.751 115,000 120.000 Land. 16a Improvement 16b&18 to Property Stanley Street Motor Flat Qudo 33 Reddle Close Total Cost as at 01.05.23 225,000 110,556 4.987 118.232 719,391 Additions 90,907 90,907 Depreciation 58.429 4,100 77,418 Cost as at 30.04.24 225,000 52,127 887 209,139 732,880 Page 10
LEEK HOME FOR STRAYS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30TH APRIL 2024 7 ACCOUNTANCY FEES These are costs relating to the preparation of the accounts and the independent examineffs report. Page11
LEEK HOME FORSTRAYS Independent Examinerfs Report to the Trustees of Leek Home for Strays I report on the accounts of Leek Home for Strays for the year ended 30th April 2024, which are set out on pages 7 to 11. Respective responsibilities of trustees and examiner The charity's 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to'.- examine the accounts under section 145 of the Charities Act to follow the prOdureS laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and lo state whether particular matters have come to my attention. Basls of Independent examlnerfs report My examination was carried out in accordance with the general directions given by the Charity Commission. An examinats'on includes a review of the accounting records kept by the charity and a compartson of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees conceming 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 vievf and the report is limited to those matters set out in the statement below. Independent examinevs ststement 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 accounts'ng rerdS in accordance with section 130 of the Charities Act,. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act. have not been met., or (2) to which, in my opinion, attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Dwri Chartered Accountant Director Thom onwri Chartered Accountants Ebenezer House Ryecroft Newcastle-under-Lyme Staffordshire STS 2BE ht Limited Date: 21" November 2024 Page 12