2021-03-31-accounts

For the Year Ended 3	1 March 2021
		Page
Contents
Legal and Administrative	Information
Report ofthe Trustees		3to 10
Independent Examiner's	Report
Statement of Financial	Activities	12
Balance Sheet		13
Notes to the Financial Statements		14to 19

For the year e	nded	31M	arch 2021
					2021	2021	2021	2020
					Unrestricted	Restricted	Total
						(re HS2)
				Note	f	E
Income from:
Donations and	legacies				289,026	137	289,163	377,057
Other trading	activities				23,138		23,138	23,518
Investments					12713		12,713	19,606
Gift aid from subsidiary					4,000		4,000	14,500
Management	charge	to	subsidiary		7,500		7,500	14,037
Charitable activities					27,540		27,540	66,575
Other					17,815		17,815	17,335
Total income					381,732	137	381,869	532,628
Expenditure
Raising funds					4,636		4,636	4,396
Investment management			costs		4,368		4,368	4,020
Charitable activities					268,291		268,291	296,856
Other					3,163		3,163	3,163
Total					280,458		280,458	308,435
Gains/(losses)	on investments:
Realised					43,553		43,553
Unreaiised					(5,099)		(5,099)	(36,664)
Net income for the		year			139,728	137	139,865	187,529
Net movement	in funds				139,728	137	139,865	187,529
Reconciliation	offunds:
Total funds brought		forward			2,451,915	14,717	2,466,632	2,279,103
Total funds carried		forward			2,591,643	14,854	2,606,497	2,466,632

As at 31M	ar	ch 2		02	1
							2021	2021	2020	2020
							f	f	f	f
						Note
Fixed assets
Tangible assets						12		430,116		442,633
Investments						13		322,981		271,793
								753,097		714,426
Current assets
Debtors						14	98,522		65,109
Cash at bank		and		in	hand		1,778,009		1,709,119
							1,876,531		1,774,228
Liabilities:
Creditors: Amounts					due within 1year	15	23,131		22,022
Net current		assets						1,853,400		1,752,206
Net assets								2,606,497		2,466,632
Total funds
Restricted	funds		(	re HS2)				14,854		14,717
Unrestricted		funds						2,591,643		2,451,915
								2,606,497		2,466,632

				2021	2020
				f	f
Donations				184,887	148,370
Tax repayable		on gift aid		21,778	21,764
Grant re COVID				25,000
Coronavirus	Job Retention		Scheme	12,218
Legacies				45,280	206,923
				289,163	377,057

	Income from listed investments	Income from listed investments	7,092	8,856
	Bank interest		5,621	10,750
			12,713	19,606
5	Gift aid from subsidiary
	Gift aid from BCTEnterprises	Ltd	4,000	14,500

	Turnover			30,609	56,596
	Otherincome			7,500
	Expenses			26,284	27,756
	Management	charge due	to parent	7,500	14,037
	Net profit for	the year before charges		4,325	14,803
	Gift aid to parent			4,000	14,500
	Tax on profit	on ordinary	activities	62	58
	Retained profit or the year			263	245
	Net assets at	31March 2021		3,899	3,636
6	Income from	charitable	activities
	Rehoming fees			25,489	64,063
	Magazine subscriptions			1,960	2,020
	Other			91	492
				27,540	66,575

Charitable activites
		2021	2020
		f	f
Kennel maintenance		15,255	19,582
Wages and national	insurance	178,027	183,429
Vets		6,927	9,385
Motor and travel expenses		2,473	2 233
Rates and insurance		9,186	10,588
Directors and Officers insurance		874	728
Heat and light		8,516	7,870
Telephone, post and	stationery	2,672	2,731
Advertising		S,284	20,494
Bank charges		4,66S	S,370
Printing		2,911	4,117
ITcosts		6,934	7,398
Training			612
Collie Care Fund		1,365	5,698
Sundry expenses		3,285	3,203
Professiona I fees		7,400
Depreciation		12,517	13,418
		268,291	296,856

	Independent	examiner	examiner		3,150	3,1SO
	Companies	House			13	13
					3,163	3,163
9	Staff costs	and numbers
	Gross pay				170,407	169,800
	Employers	national	insurance		4,871	6,166
	Defined contribution		pension	contributions	2,749	2,904
					178,027	183,429

12 Tangible f	ixed assets
		Freehold	Equipment	Motor	Total
		property		vehicles
		f	f	f	f
Cost at 1April	2020	490,704	22,641	36,352	549,697
Additions
Cost at 31March 2021		490,704	22,641	36,352	549,697
Depreciation	at 1April 2020	58,884	19,788	28,392	107,064
Charge for the year		9,814		1,990	12,517
Depreciation	at 31March 2021	68,698	20,501	30,382	119,581
Net book value 31March 2021		422,006	2,140	5,970	430,116
Net book value 31March 2020		431,820	2,853	7,960	442,633

3 Investments
			2021	2020
			f	f
Listed investments			316,087	269,516
Investment portfolio cash			5,894	1,277
Investment in subsidiary			1,000	1,000
			322,981	271,793
UK Listed investments
Market value at 1April 2020			269,516	298,865
Additions at cost			309,375	7,315
Sale proceeds			(301,258)
Realised gains on disposal			43,553
Net unrealised gains/losses			(5,099)	(36,664)
Market value at 31March 2021			316,087	269,516
Historic cost			316,456	296,702
Listed investments include the following	material	holdings,	which represent
more than 5% ofthe total portfolio value:

						Market
						value
						31/03/2021
						f
9,859	Hl CL Infrastrusture	Company				16,277
10,317	International Public Partnership Ltd					17322
5,947	Baillie Gifford Positive Change BAcc					19,942
18,416	Eden Tree Responsible and Sustainable			short dated bond		18,471
14,476	Eden Tree Responsible and Sustainable			Sterling bond		17,067
3,565	Janus Henderson	Global Sustainable	Equity		I	18,392
7,088	Rathbone Ethical	Bond Institutional	Acc			17,039
26,357	Threadneedle UK	Social Bond Z Acc				35,480
2,607	Wellington Global	Impact Bond N Acc				28,354

14 Debtors
				2021		2020
				f		f
Amount due from		subsidiary		33,919		33,919
Legacies				44,780		5,646
Gift aid due from		subsidiary		4,000		14,500
Tax repayment				7,761		3,204
VAT						330
Accrued income				5,574		3,143
P repayments				2,488		4,367
				98,522		65,109
15 Creditors
Creditors and accruals				20,381		18,153
PAYE and national		insurance		1,484		3,415
Defined contribution			pension	434		454
VAT				832
				23131		22,022
16The assets and		liabilities ofthe Charity are represented			by the funds as detailed:
				Total	Restricted	Unrestricted
				2021	Funds	Funds
					f	f
Tangible assets				430,116		430,116
Investments				322,981		322,981
Debtors				98,522		98,522
Cash at bank and	in	hand		1,778,009	14,854	1,763,155
Creditors; Amounts		due	within 1year	(23,131)		(23,131)
				2,606,497	14,854	2,591,643
				Total	Restricted	Unrestricted
				2020	Funds	Funds
				f	f	f
Tangible assets				442,633		442,633
Investments				271,793		271,793
Debtors				65,109		65,109
Cash at bank and	in	hand		1,709,119	14,717	1,694,402
Creditors: Amounts		due	within 1year	(22,022)		(22,022)
				2,466,632	14,717	2,451,915