## **LABRADOR RESCUE SOUTH EAST and CENTRAL** **Annual Report & Statement Of Accounts Year Ended 31[st] March 2025** **Registered Charity No: 1059122** **Registered Office: 5 Deane Croft Road, Eastcote, Pinner, Middlesex, HA5 1SS 020 8868 2756** ## **LABRADOR RESCUE SOUTH EAST and CENTRAL Also known as LABRADOR RESCUE SOUTH EAST** **ANNUAL REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] March 2025** ## **CONTENTS** Page: - 3 Trustees Report 6 Independent Examiner’s Report 7 Receipts and Payments Report 8 Statement of Assets & Liabilities Registered Office: 5 Deane Croft Road Eastcote Pinner Middlesex HA5 1SS Patrons: Bryony Hill Allen Parton Mrs Robin Wise Mary Cook Charity Number: 1059122 1 ## **LABRADOR RESCUE SOUTH EAST AND CENTRAL** The charity is also known by the name of ## **LABRADOR RESCUE SOUTH EAST** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31[st ] March 2025** The Trustees present their report for the year ended 31[st] March 2025 The Trustees during the year were: Margaret Stocks John Nutkins Sheila Stevens (Died 18[th] April 2024) Susanna Wiles Richard Best BVetMed MRCVS Mark Middleton-Smith (Resigned 14[th] April 2024) Mark Dyer Fiona Miller Joy Carney Labrador Rescue is a Registered Charity No 1059122 ## OBJECTIVES OF LABRADOR RESCUE SOUTH EAST 1. To provide a service to those members of the public who own a Labrador Retriever or any dog of predominantly Labrador Retriever origin or type. _2._ To recover, rehabilitate where necessary, and re-home any Labrador Retriever which has been ill-treated, neglected, or is unwanted for whatever reason irrespective of the age, sex or health of the dog, and to do all that is possible to ensure the welfare of such dogs regardless of circumstances _3._ To ensure that those Labrador Retrievers that are re-homed are placed into suitable permanent homes so as to ensure their future wellbeing and to keep in contact with such dog for the duration of their lives. 2 ## **REVIEW OF PROGRESS FOR THE YEAR ENDED 31[st] MARCH 2025** Labrador Rescue South East and Central reaches its 29[th] year of providing a service as a rehoming charity, assisting those who find they can no longer care for their Labrador to safely and effectively re-home their pet. During the year the charity placed 65 Labradors in their new forever homes. The charity has for many years assisted in the costs of medical and surgical treatment for those animals that require treatment at the time of re-homing and with on-going care where this is necessary and we maintain a Welfare Fund specifically for this purpose. In the previous year the charity rehomed 94 dogs with just 10 added to the welfare Fund (11%) but of the 65 homed in the past year 19 (29%) and this reflects the direction that the charity has seen since fewer dogs in total but of those dogs a far greater proportion with ongoing medical, surgical or behavioural issues requiring financial assistance. The Trustees are aware of the need to provide for the care of the 73 dogs that currently benefit from the Welfare Fund. Increasingly the charity is being asked to assist with the on-going costs of dogs with chronic medical and surgical problems and we are fortunate in our financial situation due to legacy bequests to the charity to be able to support these dogs and their costs. In the past year, the charity has lost one of its founders, David Cooper who volunteered as a regional co-ordinator and as a Trustee. Our sincere condolences extend to David’s family and thanks for both his friendship and expertise whilst serving the charity for 25 years. In common with many small animal charities we are aware that the dedicated group of volunteers overseeing the management of the charity are ageing and we will be actively seeking some younger enthusiastic volunteers to take the charity on into the future and continue the good work of its founding members. Richard Best BVetMed MRCVS Chairman of Trustees _3_ ## **FINANCIAL REPORT FOR YEAR ENDED 31[st] MARCH 2025** Labrador Rescue South East and Central continues in a strong financial position thus ensuring that it can fulfil its obligations in the rehoming and care, including medical conditions, where appropriate for Labradors. The charity has seen a fall in income principally as a result of fewer legacies this year. Whilst other income streams have also fallen this has been offset by the increase in interest received as a result of last year’s Legacy. Expenditure is lower mainly because of the reduced Fostering/Welfare costs which vary from year to year depending on the number of Labradors in need of medical support and indeed the level of funding required. The charities available funds have increased by 4.4% as a result of the increase of interest from its cash deposits. These deposits are spread between a number of high rated financial institutions in order to retain the maximum protection for the charity’s funds provided by the Financial Services Compensation Scheme (FSCS). All restricted Funds received by Labrador Rescue South East and Central were expended during the year and used to support our Labradors covered by the Welfare Fund. Under the Charity’s Trust Deed Trustees engaged in a profession may charge appropriate Fees if instructed by the other Trustees. One Trustee received modest fees for professional work from time to time. Investment Policy and Objectives Investments are held and managed by a Nominee. The portfolio is invested in ethical and environmental companies and is of medium risk. It provides an annual income by way of dividends. The Trustees are aware that the value of the investment can fall as well as rise. Reserves Policy The charity relies on donations from many sources but these are all voluntary. Legacies are also an important part of this but cannot be relied upon as a regular source of income. The Trustees are aware of the importance to hold reserves to ensure that the charity’s obligations and objectives can be met in the event of a downturn in income. Reserves at the end of the year represent money that is freely available and not Restricted Funds as these are expended at the end of each financial year. It is considered that the charity should hold sufficient reserves to fund 12 months operation in the absence of income based on the expenditure for the year ended 31 March 2025 and this will be £84,000 for the coming financial year. These funds are currently lodged with Scottish Widows Bank. This will be reviewed on an annual basis especially as the number of dogs is increasing and the inevitable impact of inflation will have on our cost base. 4 ## Public Benefit The Trustees confirm that they have followed the guidance given by the Charity Commission relating to Public Benefit when reviewing the charity’s aims and objectives when taking the charity forward. Overview Labrador Rescue South East and Central remains in a strong financial position and as such is well placed to meet its obligations and objectives. John Nutkins Treasurer ## . **STRUCTURE, GOVERNANCE AND MANAGEMENT FOR THE TEAR ENDED 31[ST] MARCH 2025** The Governing Document of Labrador Rescue South East and Central is by way of a Trust Deed date 5[th] September 2007. The Charity is constituted by this Deed and is managed by the Trustees in the name of Labrador Rescue South East and Central. In selecting person to be appointed as Trustees the Trustees shall take into account the benefits of appointing a person who through residence occupation employment nor otherwise has special knowledge of the area of benefit or who is otherwise by virtue of his or her personal or professional qualifications able to make a contribution to the pursuit of the Object or the management of the Charity. If for any reason Trustees cannot be appointed in accordance with the foregoing provisions the statutory power of appointing new or additional Trustees shall be exercisable. The attached financial statements show the current state of the finances which the Trustees consider to be sound. The Charity’s main bankers are CAF Bank Ltd. The Independent Examiner is Simon Erskine FCA FCIE DChA Richard Best Chairman …………………… John Arthur Nutkins Hon Treasurer ……………… Date: ## _5_ **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF** ## **LABRADOR RESCUE SOUTH EAST AND CENTRAL** ## **CHARITY NUMBER 1059122** ## **For the year ended 31[st] March 2025** I report to the charity trustees on my examination of the accounts for the year ended 31 March 2025 which are set out on the annexed pages. ## **RESPONSIBILITIES AND BASIS OF REPORT** As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **INDEPENDENT EXAMINER’S STATEMENT** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Simon Erskine FCA FCIE DChA** 61 Mortimer Road London NW10 5QR Date to be advised _6_ ## **CC Receipts & Payments Report** Charity name: Labrador Rescue South East & Central Charity number: 1059122 For the period from 01/04/2024 to 31/03/2025 ||Receipts and payments|Receipts and payments|||| |---|---|---|---|---|---| ||Unrestricted|Restricted|Endowment|Total funds|Last year| ||funds|funds|funds||| ||£|£|£|£|£| |Receipts|||||| |Voluntary Receipts|16,029|4,758|0|20,787|28,623| |Legacies|24,367|1,000|0|25,367|407,096| |Fundraising Activities|7,647|0|0|7,647|13,071| |Investments|43,353|0|0|43,353|10,169| |Charitable Activities|28,862|32|0|28,894|34,800| |Other Receipts|0|0|0|0|0| ||120,258|5,790|0|126,048|493,759| |Asset and Investment sales etc|0|0|0|0|0| |Total receipts|120,258|5,790|0|126,048|493,759| |Payments|||||| |Administration Costs|6,242|0|0|6,242|5,326| |Fundraising Costs|2,883|0|0|2,883|3,322| |Charitable Activities Costs|35,269|31,892|0|67,161|72,708| |Independent Examination Costs|1,470|0|0|1,470|680| |Governance Costs|944|0|0|944|1,687| ||46,808|31,892|0|78,700|83,723| |Assets and investments gains/losses|0|0|0|0|0| |Total payments|46,808|31,892|0|78,700|83,723| |Excess of receipts over payments|73,450|-26,102|0|47,348|410,036| |Transfers between Funds|-26,101|26,101|0|0|0| |Cash Funds Last Year End|1,035,730|0|0|1,035,730|625,694| |Cash funds this year end|1,083,079|-1|0|1,083,078|1,035,730| _7 6_ ## **CC Statement of Assets & Liabilities** Charity name: Labrador Rescue South East & Central Charity number: 1059122 At the period ending 31/03/2025 ||General funds|Restricted funds|Endowment| |---|---|---|---| |Details|||funds| |B1 Cash funds|||| |CASH FUNDS|1,083,079|0|0| |Total cash funds|1,083,079|0|0| ||General funds|Restricted funds|Endowment| ||||funds| |B2 Other monetary assets|||| |OTHER MONETARY ASSETS|77,178|0|0| ||Funds to which asset belongs|Cost (optional)|Current value| ||||(optional)| |B3 Investment assets|||| |INVESTMENT ASSETS|General||41,289| ||Funds to which asset belongs|Cost (optional)|Current value| ||||(optional)| |B4 Assets retained for the charity's own use|||| |OFFICE EQUIPMENT|General||| |STORAGE CONTAINER|General||| |EQUIPMENT FUNDRAISING|General||| |EQUIPMENT DOG REHOMING|General||| ||Funds to which liability relates|Amount due|When due| |||(optional)|(optional)| |B5 Liabilities|||| |LIABILITIES|General|4,288|| |LIABILITIES|Welfare|0|| |Richard Best|||| |Chairman …………………………………|||| John Arthur Nutkins Hon Treasurer …………………………… Date: _8_